First Trust Dow Jones Internet Index Fund ETF
221 hedge funds and large institutions have $2.63B invested in First Trust Dow Jones Internet Index Fund ETF in 2017 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 88 increasing their positions, 67 reducing their positions, and 18 closing their positions.
89% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 18
31% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 67
9% more capital invested
Capital invested by funds: $2.41B → $2.63B (+$228M)
6% more funds holding
Funds holding: 208 → 221 (+13)
2.85% less ownership
Funds ownership: 61.82% → 58.98% (-2.8%)
9% less funds holding in top 10
Funds holding in top 10: 11 → 10 (-1)
68% less call options, than puts
Call options by funds: $5.39M | Put options by funds: $16.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
+$95.4M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
+$40.2M |
| 3 |
Morgan Stanley
New York
|
+$10.2M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$5.63M |
| 5 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$3.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$50.6M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$33.4M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$23.7M |
| 4 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$6.81M |
| 5 |
SPL
Smart Portfolios LLC
Seattle,
Washington
|
-$6.7M |
FDN Hedge Fund Activity: Q2 2017 in Review
221 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q2 2017, worth a combined $2.63B — up 9.5% from $2.41B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new FDN positions and 18 closed out — a net gain of 16 holders — while 88 added to existing stakes and 67 trimmed.
The largest buyer was AssetMark Inc, adding an estimated $95.4M. The largest seller was Bank of America, cutting an estimated $50.6M.
- 221 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q2 2017, up from 208 in Q1 2017.
- Funds reported $2.63B of First Trust Dow Jones Internet Index Fund ETF stock for Q2 2017, up 9.5% quarter-over-quarter.
- 34 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q2 2017 and 18 closed out, a net change of +16 holders.
- The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q2 2017 was AssetMark Inc, an estimated $95.4M added.
- The largest First Trust Dow Jones Internet Index Fund ETF seller in Q2 2017 was Bank of America, an estimated $50.6M sold.
Based on aggregated 13F filings for Q2 2017.