First Trust Dow Jones Internet Index Fund ETF
118 hedge funds and large institutions have $986M invested in First Trust Dow Jones Internet Index Fund ETF in 2014 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 52 increasing their positions, 37 reducing their positions, and 12 closing their positions.
122% more call options, than puts
Call options by funds: $3.08M | Put options by funds: $1.39M
41% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 37
10% more capital invested
Capital invested by funds: $900M → $986M (+$85.9M)
7.33% more ownership
Funds ownership: 48.41% → 55.74% (+7.3%)
1% less funds holding
Funds holding: 119 → 118 (-1)
8% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 12
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$44.1M |
| 2 |
Citigroup
New York
|
+$15.3M |
| 3 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$14.2M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$7.93M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$5.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$17.9M |
| 2 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$7.1M |
| 3 |
CA
Cumberland Advisors
Sarasota,
Florida
|
-$6.68M |
| 4 |
SG Americas Securities
New York
|
-$2.09M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.9M |
FDN Hedge Fund Activity: Q3 2014 in Review
118 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q3 2014, worth a combined $986M — up 9.5% from $900M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FDN and 11 opened new positions — a net loss of 1 holder — while 37 trimmed existing stakes and 52 added.
The largest buyer was First Trust Advisors, adding an estimated $44.1M. The largest seller was Goldman Sachs, cutting an estimated $17.9M.
- 118 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q3 2014, down from 119 in Q2 2014.
- Funds reported $986M of First Trust Dow Jones Internet Index Fund ETF stock for Q3 2014, up 9.5% quarter-over-quarter.
- 11 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q3 2014 and 12 closed out, a net change of -1 holder.
- The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q3 2014 was First Trust Advisors, an estimated $44.1M added.
- The largest First Trust Dow Jones Internet Index Fund ETF seller in Q3 2014 was Goldman Sachs, an estimated $17.9M sold.
Based on aggregated 13F filings for Q3 2014.