First Trust Dow Jones Internet Index Fund ETF
FDN
485 hedge funds and large institutions have $5.05B invested in First Trust Dow Jones Internet Index Fund ETF in 2021 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 134 increasing their positions, 191 reducing their positions, and 67 closing their positions.
87% more call options, than puts
Call options by funds: $99.7M | Put options by funds: $53.5M
3% less funds holding
Funds holding: 500 → 485 (-15)
5.32% less ownership
Funds ownership: 56.83% → 51.52% (-5.3%)
15% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 67
20% less capital invested
Capital invested by funds: $6.29B → $5.05B (-$1.25B)
26% less funds holding in top 10
Funds holding in top 10: 27 → 20 (-7)
30% less repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 191
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$25.6M |
| 2 |
QWM
Quaker Wealth Management
Moorestown,
New Jersey
|
+$17.2M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$9.9M |
| 4 |
TS
Tamar Securities
Woodland Hills,
California
|
+$9.36M |
| 5 |
Millennium Management
New York
|
+$8.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$521M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$244M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$110M |
| 4 |
Morgan Stanley
New York
|
-$91.9M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$82.6M |
FDN Hedge Fund Activity: Q1 2021 in Review
485 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q1 2021, worth a combined $5.05B — down 20% from $6.29B a quarter earlier.
Sellers outnumbered buyers: 67 funds closed out of FDN and 57 opened new positions — a net loss of 10 holders — while 191 trimmed existing stakes and 134 added.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $25.6M. The largest seller was First Trust Advisors, cutting an estimated $521M.
- 485 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q1 2021, down from 500 in Q4 2020.
- Funds reported $5.05B of First Trust Dow Jones Internet Index Fund ETF stock for Q1 2021, down 20% quarter-over-quarter.
- 57 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q1 2021 and 67 closed out, a net change of -10 holders.
- The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q1 2021 was HighTower Advisors, an estimated $25.6M added.
- The largest First Trust Dow Jones Internet Index Fund ETF seller in Q1 2021 was First Trust Advisors, an estimated $521M sold.
Based on aggregated 13F filings for Q1 2021.