First Trust Dow Jones Internet Index Fund ETF
FDN
500 hedge funds and large institutions have $6.29B invested in First Trust Dow Jones Internet Index Fund ETF in 2020 Q4 according to their latest regulatory filings, with 112 funds opening new positions, 156 increasing their positions, 142 reducing their positions, and 35 closing their positions.
220% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 35
35% more funds holding in top 10
Funds holding in top 10: 20 → 27 (+7)
17% more funds holding
Funds holding: 428 → 500 (+72)
14% more capital invested
Capital invested by funds: $5.54B → $6.29B (+$752M)
1.63% more ownership
Funds ownership: 55.2% → 56.83% (+1.6%)
10% more repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 142
42% less call options, than puts
Call options by funds: $38.2M | Put options by funds: $65.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$13.3M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$10.5M |
| 3 |
HFP
Holistic Financial Partners
Indianapolis,
Indiana
|
+$7.2M |
| 4 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
+$6.63M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$5.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$44.6M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$16M |
| 3 |
BHB
Bank Hapoalim BM
Tel Aviv,
Israel
|
-$11.3M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$11.2M |
| 5 |
HF
HRT Financial
New York
|
-$8.7M |
FDN Hedge Fund Activity: Q4 2020 in Review
500 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q4 2020, worth a combined $6.29B — up 14% from $5.54B a quarter earlier.
Buyers outnumbered sellers: 112 funds opened new FDN positions and 35 closed out — a net gain of 77 holders — while 156 added to existing stakes and 142 trimmed.
The largest buyer was LPL Financial, adding an estimated $13.3M. The largest seller was Morgan Stanley, cutting an estimated $44.6M.
- 500 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q4 2020, up from 428 in Q3 2020.
- Funds reported $6.29B of First Trust Dow Jones Internet Index Fund ETF stock for Q4 2020, up 14% quarter-over-quarter.
- 112 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q4 2020 and 35 closed out, a net change of +77 holders.
- The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q4 2020 was LPL Financial, an estimated $13.3M added.
- The largest First Trust Dow Jones Internet Index Fund ETF seller in Q4 2020 was Morgan Stanley, an estimated $44.6M sold.
Based on aggregated 13F filings for Q4 2020.