First Trust Dow Jones Internet Index Fund ETF
557 hedge funds and large institutions have $3.42B invested in First Trust Dow Jones Internet Index Fund ETF in 2025 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 114 increasing their positions, 244 reducing their positions, and 73 closing their positions.
31% more call options, than puts
Call options by funds: $24.7M | Put options by funds: $18.8M
1.89% less ownership
Funds ownership: 57.86% → 55.98% (-1.9%)
5% less funds holding
Funds holding: 584 → 557 (-27)
20% less capital invested
Capital invested by funds: $4.3B → $3.42B (-$876M)
29% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 73
31% less funds holding in top 10
Funds holding in top 10: 13 → 9 (-4)
53% less repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 244
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$70.3M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$34.6M |
| 3 |
TCMP
Thrive Capital Management (Pennsylvania)
Fort Washington,
Pennsylvania
|
+$23M |
| 4 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$21M |
| 5 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$104M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$49.8M |
| 3 |
MW
Marks Wealth
Annapolis,
Maryland
|
-$33.7M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$23.6M |
| 5 |
Two Sigma Investments
New York
|
-$15.2M |
FDN Hedge Fund Activity: Q1 2025 in Review
557 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q1 2025, worth a combined $3.42B — down 20% from $4.3B a quarter earlier.
Sellers outnumbered buyers: 73 funds closed out of FDN and 52 opened new positions — a net loss of 21 holders — while 244 trimmed existing stakes and 114 added.
The largest buyer was Millennium Management, adding an estimated $70.3M. The largest seller was UBS Group, cutting an estimated $104M.
- 557 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q1 2025, down from 584 in Q4 2024.
- Funds reported $3.42B of First Trust Dow Jones Internet Index Fund ETF stock for Q1 2025, down 20% quarter-over-quarter.
- 52 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q1 2025 and 73 closed out, a net change of -21 holders.
- The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q1 2025 was Millennium Management, an estimated $70.3M added.
- The largest First Trust Dow Jones Internet Index Fund ETF seller in Q1 2025 was UBS Group, an estimated $104M sold.
Based on aggregated 13F filings for Q1 2025.