First Trust Dow Jones Internet Index Fund ETF
189 hedge funds and large institutions have $2.26B invested in First Trust Dow Jones Internet Index Fund ETF in 2016 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 51 increasing their positions, 70 reducing their positions, and 22 closing their positions.
91% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 22
9% more funds holding
Funds holding: 174 → 189 (+15)
5.31% less ownership
Funds ownership: 69.76% → 64.45% (-5.3%)
13% less capital invested
Capital invested by funds: $2.59B → $2.26B (-$332M)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
27% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 70
36% less call options, than puts
Call options by funds: $1.7M | Put options by funds: $2.66M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Numina Capital Management
New York
|
+$13.3M |
| 2 |
SFA
Sequoia Financial Advisors
Akron,
Ohio
|
+$10.4M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$7.12M |
| 4 |
SPL
Smart Portfolios LLC
Seattle,
Washington
|
+$5.01M |
| 5 |
SWM
Strategic Wealth Management
Kirkland,
Washington
|
+$4.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$172M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$59.1M |
| 3 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$16.4M |
| 4 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
-$13.3M |
| 5 |
Goldman Sachs
New York
|
-$9.47M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PMAM
201
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
| – | -$82K | -1,000 | Closed |
|
|
LWA
202
Lenox Wealth Advisors
New York
| – | -$43K | -529 | Closed |
|
|
JFA
203
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$40K | -490 | Closed |
|
|
S
204
SignatureFD
Atlanta,
Georgia
| – | -$40K | -490 | Closed |
|
|
CHP
205
Cable Hill Partners
Portland,
Oregon
| – | -$21K | -261 | Closed |
|
|
GWS
206
Glassman Wealth Services
Vienna,
Virginia
| – | -$17K | -210 | Closed |
|
|
HS
207
Horan Securities
Cincinnati,
United States
| – | -$11K | -133 | Closed |
|
|
CG
208
Cutler Group
San Francisco,
California
| – | -$7.74K | -96 | Closed |
|
209
AssetMark Inc
Concord,
California
| – | -$1K | -11 | Closed |
|
|
AWMS
210
Advocacy Wealth Management Services
Atlanta,
Georgia
| – | +$81 | +1 | New |
|
FDN Hedge Fund Activity: Q4 2016 in Review
189 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q4 2016, worth a combined $2.26B — down 13% from $2.59B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new FDN positions and 22 closed out — a net gain of 20 holders — while 51 added to existing stakes and 70 trimmed.
The largest buyer was Numina Capital Management, opening a new position worth an estimated $13.3M. The largest seller was First Trust Advisors, cutting an estimated $172M.
- 189 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q4 2016, up from 174 in Q3 2016.
- Funds reported $2.26B of First Trust Dow Jones Internet Index Fund ETF stock for Q4 2016, down 13% quarter-over-quarter.
- 42 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q4 2016 and 22 closed out, a net change of +20 holders.
- The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q4 2016 was Numina Capital Management, an estimated $13.3M added.
- The largest First Trust Dow Jones Internet Index Fund ETF seller in Q4 2016 was First Trust Advisors, an estimated $172M sold.
Based on aggregated 13F filings for Q4 2016.