First Trust Dow Jones Internet Index Fund ETF
156 hedge funds and large institutions have $2.06B invested in First Trust Dow Jones Internet Index Fund ETF in 2016 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 35 increasing their positions, 80 reducing their positions, and 41 closing their positions.
42% more call options, than puts
Call options by funds: $1.2M | Put options by funds: $840K
3.56% less ownership
Funds ownership: 72.03% → 68.47% (-3.6%)
10% less funds holding
Funds holding: 173 → 156 (-17)
39% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 41
41% less capital invested
Capital invested by funds: $3.48B → $2.06B (-$1.42B)
56% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 80
80% less funds holding in top 10
Funds holding in top 10: 20 → 4 (-16)
Top Buyers
| 1 |
Citigroup
New York
|
+$22.3M |
| 2 |
Goldman Sachs
New York
|
+$11.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$5.64M |
| 4 |
MCM
Murphy Capital Management
Bedminster,
New Jersey
|
+$2.07M |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$1.99M |
Top Sellers
FDN Hedge Fund Activity: Q1 2016 in Review
156 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q1 2016, worth a combined $2.06B — down 41% from $3.48B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of FDN and 25 opened new positions — a net loss of 16 holders — while 80 trimmed existing stakes and 35 added.
The largest buyer was Citigroup, adding an estimated $22.3M. The largest seller was Churchill Management, exiting entirely with an estimated $338M sold.
- 156 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q1 2016, down from 173 in Q4 2015.
- Funds reported $2.06B of First Trust Dow Jones Internet Index Fund ETF stock for Q1 2016, down 41% quarter-over-quarter.
- 25 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q1 2016 and 41 closed out, a net change of -16 holders.
- The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q1 2016 was Citigroup, an estimated $22.3M added.
- The largest First Trust Dow Jones Internet Index Fund ETF seller in Q1 2016 was Churchill Management, an estimated $338M sold.
Based on aggregated 13F filings for Q1 2016.