First Trust Dow Jones Internet Index Fund ETF
264 hedge funds and large institutions have $3.26B invested in First Trust Dow Jones Internet Index Fund ETF in 2017 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 83 increasing their positions, 73 reducing their positions, and 26 closing their positions.
150% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 26
42% more funds holding in top 10
Funds holding in top 10: 12 → 17 (+5)
17% more funds holding
Funds holding: 226 → 264 (+38)
14% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 73
12% more capital invested
Capital invested by funds: $2.9B → $3.26B (+$357M)
9% more call options, than puts
Call options by funds: $11.7M | Put options by funds: $10.8M
1.07% less ownership
Funds ownership: 60.33% → 59.26% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
+$67.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$65.4M |
| 3 |
CM
Churchill Management
Los Angeles,
California
|
+$31.6M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$17.9M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$57.9M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$43M |
| 3 |
Morgan Stanley
New York
|
-$24.5M |
| 4 |
SPL
Smart Portfolios LLC
Seattle,
Washington
|
-$6.32M |
| 5 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
-$6.24M |
FDN Hedge Fund Activity: Q4 2017 in Review
264 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q4 2017, worth a combined $3.26B — up 12% from $2.9B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new FDN positions and 26 closed out — a net gain of 39 holders — while 83 added to existing stakes and 73 trimmed.
The largest buyer was AssetMark Inc, adding an estimated $67.7M. The largest seller was First Trust Advisors, cutting an estimated $57.9M.
- 264 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q4 2017, up from 226 in Q3 2017.
- Funds reported $3.26B of First Trust Dow Jones Internet Index Fund ETF stock for Q4 2017, up 12% quarter-over-quarter.
- 65 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q4 2017 and 26 closed out, a net change of +39 holders.
- The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q4 2017 was AssetMark Inc, an estimated $67.7M added.
- The largest First Trust Dow Jones Internet Index Fund ETF seller in Q4 2017 was First Trust Advisors, an estimated $57.9M sold.
Based on aggregated 13F filings for Q4 2017.