First Trust Dow Jones Internet Index Fund ETF
86 hedge funds and large institutions have $885M invested in First Trust Dow Jones Internet Index Fund ETF in 2013 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 48 increasing their positions, 9 reducing their positions, and 6 closing their positions.
433% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 9
217% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 6
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
41% more capital invested
Capital invested by funds: $629M → $885M (+$255M)
18% more funds holding
Funds holding: 73 → 86 (+13)
4.31% less ownership
Funds ownership: 60% → 55.68% (-4.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$38.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$14.1M |
| 3 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$13.4M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$11.8M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$11.5M |
| 2 |
CM
Churchill Management
Los Angeles,
California
|
-$4.14M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.47M |
| 4 |
SG Americas Securities
New York
|
-$686K |
| 5 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$406K |
FDN Hedge Fund Activity: Q3 2013 in Review
86 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q3 2013, worth a combined $885M — up 41% from $629M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FDN positions and 6 closed out — a net gain of 13 holders — while 48 added to existing stakes and 9 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $38.5M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $11.5M.
- 86 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q3 2013, up from 73 in Q2 2013.
- Funds reported $885M of First Trust Dow Jones Internet Index Fund ETF stock for Q3 2013, up 41% quarter-over-quarter.
- 19 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q3 2013 and 6 closed out, a net change of +13 holders.
- The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q3 2013 was Morgan Stanley, an estimated $38.5M added.
- The largest First Trust Dow Jones Internet Index Fund ETF seller in Q3 2013 was Raymond James Financial Services Advisors, an estimated $11.5M sold.
Based on aggregated 13F filings for Q3 2013.