First Trust Dow Jones Internet Index Fund ETF
174 hedge funds and large institutions have $2.59B invested in First Trust Dow Jones Internet Index Fund ETF in 2016 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 68 increasing their positions, 56 reducing their positions, and 17 closing their positions.
250% more funds holding in top 10
Funds holding in top 10: 2 → 7 (+5)
47% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 17
25% more capital invested
Capital invested by funds: $2.07B → $2.59B (+$517M)
21% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 56
14% more call options, than puts
Call options by funds: $2.75M | Put options by funds: $2.41M
3% more funds holding
Funds holding: 169 → 174 (+5)
2.62% more ownership
Funds ownership: 67.15% → 69.76% (+2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Churchill Management
Los Angeles,
California
|
+$94.1M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$71.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$31.9M |
| 4 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$15.7M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$14.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$28.2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$12.7M |
| 3 |
Goldman Sachs
New York
|
-$12.1M |
| 4 |
CA
Cumberland Advisors
Sarasota,
Florida
|
-$6.44M |
| 5 |
BPC
Banque Pictet & Cie
Geneva 73,
Switzerland
|
-$3.38M |
FDN Hedge Fund Activity: Q3 2016 in Review
174 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q3 2016, worth a combined $2.59B — up 25% from $2.07B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new FDN positions and 17 closed out — a net gain of 8 holders — while 68 added to existing stakes and 56 trimmed.
The largest buyer was Churchill Management, adding an estimated $94.1M. The largest seller was First Trust Advisors, cutting an estimated $28.2M.
- 174 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q3 2016, up from 169 in Q2 2016.
- Funds reported $2.59B of First Trust Dow Jones Internet Index Fund ETF stock for Q3 2016, up 25% quarter-over-quarter.
- 25 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q3 2016 and 17 closed out, a net change of +8 holders.
- The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q3 2016 was Churchill Management, an estimated $94.1M added.
- The largest First Trust Dow Jones Internet Index Fund ETF seller in Q3 2016 was First Trust Advisors, an estimated $28.2M sold.
Based on aggregated 13F filings for Q3 2016.