First Trust Dow Jones Internet Index Fund ETF
119 hedge funds and large institutions have $919M invested in First Trust Dow Jones Internet Index Fund ETF in 2014 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 42 increasing their positions, 44 reducing their positions, and 20 closing their positions.
15% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 20
2% more funds holding
Funds holding: 117 → 119 (+2)
5% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 44
5.75% less ownership
Funds ownership: 54.16% → 48.41% (-5.7%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
26% less capital invested
Capital invested by funds: $1.24B → $919M (-$325M)
28% less call options, than puts
Call options by funds: $1.54M | Put options by funds: $2.15M
Top Buyers
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$42.1M |
| 2 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$11.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$10.6M |
| 4 |
Goldman Sachs
New York
|
+$7.45M |
| 5 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$6.65M |
Top Sellers
| 1 |
CM
Churchill Management
Los Angeles,
California
|
-$295M |
| 2 |
Morgan Stanley
New York
|
-$26.3M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$23M |
| 4 |
LPL Financial
San Diego,
California
|
-$11.5M |
| 5 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$7.23M |
FDN Hedge Fund Activity: Q2 2014 in Review
119 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q2 2014, worth a combined $919M — down 26% from $1.24B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FDN positions and 20 closed out — a net gain of 3 holders — while 42 added to existing stakes and 44 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $42.1M. The largest seller was Churchill Management, exiting entirely with an estimated $295M sold.
- 119 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q2 2014, up from 117 in Q1 2014.
- Funds reported $919M of First Trust Dow Jones Internet Index Fund ETF stock for Q2 2014, down 26% quarter-over-quarter.
- 23 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q2 2014 and 20 closed out, a net change of +3 holders.
- The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q2 2014 was First Trust Advisors, an estimated $42.1M added.
- The largest First Trust Dow Jones Internet Index Fund ETF seller in Q2 2014 was Churchill Management, an estimated $295M sold.
Based on aggregated 13F filings for Q2 2014.