First Trust Dow Jones Internet Index Fund ETF
FDN
479 hedge funds and large institutions have $3.41B invested in First Trust Dow Jones Internet Index Fund ETF in 2022 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 117 increasing their positions, 216 reducing their positions, and 90 closing their positions.
4.71% less ownership
Funds ownership: 53.25% → 48.54% (-4.7%)
10% less funds holding
Funds holding: 535 → 479 (-56)
35% less capital invested
Capital invested by funds: $5.29B → $3.41B (-$1.88B)
42% less funds holding in top 10
Funds holding in top 10: 24 → 14 (-10)
46% less repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 216
54% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 90
77% less call options, than puts
Call options by funds: $62.3M | Put options by funds: $271M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$20M |
| 2 |
Twin Tree Management
Dallas,
Texas
|
+$14.9M |
| 3 |
Two Sigma Advisers
New York
|
+$7.09M |
| 4 |
LCWP
Legacy Capital Wealth Partners
Little Rock,
Arkansas
|
+$6.63M |
| 5 |
Two Sigma Investments
New York
|
+$6.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$602M |
| 2 |
CM
Churchill Management
Los Angeles,
California
|
-$188M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$52.4M |
| 4 |
LPL Financial
San Diego,
California
|
-$30M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$17.8M |
FDN Hedge Fund Activity: Q1 2022 in Review
479 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q1 2022, worth a combined $3.41B — down 35% from $5.29B a quarter earlier.
Sellers outnumbered buyers: 90 funds closed out of FDN and 41 opened new positions — a net loss of 49 holders — while 216 trimmed existing stakes and 117 added.
The largest buyer was Susquehanna International Group, adding an estimated $20M. The largest seller was Bank of America, cutting an estimated $602M.
- 479 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q1 2022, down from 535 in Q4 2021.
- Funds reported $3.41B of First Trust Dow Jones Internet Index Fund ETF stock for Q1 2022, down 35% quarter-over-quarter.
- 41 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q1 2022 and 90 closed out, a net change of -49 holders.
- The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q1 2022 was Susquehanna International Group, an estimated $20M added.
- The largest First Trust Dow Jones Internet Index Fund ETF seller in Q1 2022 was Bank of America, an estimated $602M sold.
Based on aggregated 13F filings for Q1 2022.