First Trust Dow Jones Internet Index Fund ETF
109 hedge funds and large institutions have $1.18B invested in First Trust Dow Jones Internet Index Fund ETF in 2013 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 53 increasing their positions, 16 reducing their positions, and 7 closing their positions.
357% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 7
231% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 16
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
29% more capital invested
Capital invested by funds: $910M → $1.18B (+$266M)
27% more funds holding
Funds holding: 86 → 109 (+23)
25% more call options, than puts
Call options by funds: $1.02M | Put options by funds: $820K
3.32% more ownership
Funds ownership: 55.68% → 59% (+3.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$19.2M |
| 2 |
MCM
Moore Capital Management
New York
|
+$16.5M |
| 3 |
CM
Churchill Management
Los Angeles,
California
|
+$16.3M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$10.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$12.2M |
| 2 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
-$3.22M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$2.01M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.94M |
| 5 |
HF
Hoxton Financial
Shepherdstown,
West Virginia
|
-$1.32M |
FDN Hedge Fund Activity: Q4 2013 in Review
109 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q4 2013, worth a combined $1.18B — up 29% from $910M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new FDN positions and 7 closed out — a net gain of 25 holders — while 53 added to existing stakes and 16 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $19.2M. The largest seller was Clark Capital Management Group, cutting an estimated $12.2M.
- 109 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q4 2013, up from 86 in Q3 2013.
- Funds reported $1.18B of First Trust Dow Jones Internet Index Fund ETF stock for Q4 2013, up 29% quarter-over-quarter.
- 32 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q4 2013 and 7 closed out, a net change of +25 holders.
- The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q4 2013 was Morgan Stanley, an estimated $19.2M added.
- The largest First Trust Dow Jones Internet Index Fund ETF seller in Q4 2013 was Clark Capital Management Group, an estimated $12.2M sold.
Based on aggregated 13F filings for Q4 2013.