First Trust Dow Jones Internet Index Fund ETF
208 hedge funds and large institutions have $2.41B invested in First Trust Dow Jones Internet Index Fund ETF in 2017 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 75 increasing their positions, 58 reducing their positions, and 20 closing their positions.
100% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 20
83% more funds holding in top 10
Funds holding in top 10: 6 → 11 (+5)
29% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 58
11% more call options, than puts
Call options by funds: $2.68M | Put options by funds: $2.4M
10% more funds holding
Funds holding: 189 → 208 (+19)
6% more capital invested
Capital invested by funds: $2.26B → $2.41B (+$146M)
2.63% less ownership
Funds ownership: 64.45% → 61.82% (-2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
+$13.3M |
| 2 |
LPL Financial
San Diego,
California
|
+$9.88M |
| 3 |
QA
Quantitative Advantage
Minnetonka,
Minnesota
|
+$8.82M |
| 4 |
RAM
Riggs Asset Management
Dallas,
Pennsylvania
|
+$8.42M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$7.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$52.1M |
| 2 |
Morgan Stanley
New York
|
-$20.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$19.7M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$15.3M |
| 5 |
NCM
Numina Capital Management
New York
|
-$13.1M |
FDN Hedge Fund Activity: Q1 2017 in Review
208 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q1 2017, worth a combined $2.41B — up 6.4% from $2.26B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new FDN positions and 20 closed out — a net gain of 20 holders — while 75 added to existing stakes and 58 trimmed.
The largest buyer was Quantitative Investment Management, adding an estimated $13.3M. The largest seller was First Trust Advisors, cutting an estimated $52.1M.
- 208 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q1 2017, up from 189 in Q4 2016.
- Funds reported $2.41B of First Trust Dow Jones Internet Index Fund ETF stock for Q1 2017, up 6.4% quarter-over-quarter.
- 40 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q1 2017 and 20 closed out, a net change of +20 holders.
- The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q1 2017 was Quantitative Investment Management, an estimated $13.3M added.
- The largest First Trust Dow Jones Internet Index Fund ETF seller in Q1 2017 was First Trust Advisors, an estimated $52.1M sold.
Based on aggregated 13F filings for Q1 2017.