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First Trust Dow Jones Internet Index Fund ETF
FDN

86 hedge funds and large institutions have $910M invested in First Trust Dow Jones Internet Index Fund ETF in 2013 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 48 increasing their positions, 9 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

433% more repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 9

217% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 6

100% more funds holding in top 10

Funds holding in top 10: 2 → 4 (+2)

45% more capital invested

Capital invested by funds: $627M → $910M (+$283M)

18% more funds holding

Funds holding: 73 → 86 (+13)

4.31% less ownership

Funds ownership: 60% → 55.68% (-4.3%)

Holders
86
Holders Change
+13
Holders Change %
+17.81%
% of All Funds
2.79%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.13%
New
19
Increased
48
Reduced
9
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Morgan Stanley
Morgan Stanley
New York
+$38.5M
2
Wells Fargo
Wells Fargo
California
+$14.1M
3
CCMG
Clark Capital Management Group
Pennsylvania
+$13.4M
4
U
UBS
Switzerland
+$11.8M
5
Bank of America
Bank of America
North Carolina
+$11.1M

Top Sellers

1
RJFSA
Raymond James Financial Services Advisors
Florida
-$11.5M
2
CM
Churchill Management
California
-$4.14M
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$2.47M
4
SG Americas Securities
SG Americas Securities
New York
-$686K
5
LPT
Legacy Private Trust
Wisconsin
-$406K
Name Holding Trade Value Shares
Change 		Change in
Stake
Bank of Montreal
76
Bank of Montreal
Ontario, Canada
$136K – – –
RIA
77
Regal Investment Advisors
Michigan
$88K – – –
US Bancorp
78
US Bancorp
Minnesota
$28K – – –
HI
79
Hudock Inc
Pennsylvania
$26K – – –
PAS
80
Partnervest Advisory Services
California
$14K +$5.03K +100 +63%
Envestnet Asset Management
81
Envestnet Asset Management
Illinois
$12K +$1.46K +29 +15%
MAS
82
Madden Advisory Services
Florida
$9K – – –
TIM
83
Tortoise Investment Management
New York
$8K -$6.33K -126 -46%
SMA
84
Simply Money Advisors
Ohio
$8K – – –
WRM
85
Westport Resources Management
Connecticut
$5K – – –
AWMS
86
Advocacy Wealth Management Services
Georgia
$3K – – –
Susquehanna International Group
87
Susquehanna International Group
Pennsylvania
– -$2.47M -54,336 Closed
SG Americas Securities
88
SG Americas Securities
New York
– -$686K -15,114 Closed
LPT
89
Legacy Private Trust
Wisconsin
– -$406K -8,950 Closed
FHC
90
First Heartland Consultants
Missouri
– -$24K -521 Closed
MFS
91
MSI Financial Services
Massachusetts
– -$10K -218 Closed
GI
92
Gradient Investments
Minnesota
– -$1K -23 Closed
1 2 3
4

FDN Hedge Fund Activity: Q3 2013 in Review

86 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q3 2013, worth a combined $910M — up 45% from $627M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new FDN positions and 6 closed out — a net gain of 13 holders — while 48 added to existing stakes and 9 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $38.5M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $11.5M.

  • 86 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q3 2013, up from 73 in Q2 2013.
  • Funds reported $910M of First Trust Dow Jones Internet Index Fund ETF stock for Q3 2013, up 45% quarter-over-quarter.
  • 19 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q3 2013 and 6 closed out, a net change of +13 holders.
  • The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q3 2013 was Morgan Stanley, an estimated $38.5M added.
  • The largest First Trust Dow Jones Internet Index Fund ETF seller in Q3 2013 was Raymond James Financial Services Advisors, an estimated $11.5M sold.

Based on aggregated 13F filings for Q3 2013.