First Trust Dow Jones Internet Index Fund ETF
169 hedge funds and large institutions have $2.07B invested in First Trust Dow Jones Internet Index Fund ETF in 2016 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 52 increasing their positions, 59 reducing their positions, and 16 closing their positions.
107% more call options, than puts
Call options by funds: $1.12M | Put options by funds: $541K
100% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 16
8% more funds holding
Funds holding: 156 → 169 (+13)
1% more capital invested
Capital invested by funds: $2.06B → $2.07B (+$14.8M)
1.32% less ownership
Funds ownership: 68.47% → 67.15% (-1.3%)
12% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 59
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$43.2M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$32.1M |
| 3 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$20.5M |
| 4 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
+$13.2M |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$38.6M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$38.4M |
| 3 |
LPL Financial
San Diego,
California
|
-$32.3M |
| 4 |
Citigroup
New York
|
-$28.6M |
| 5 |
Morgan Stanley
New York
|
-$17.4M |
FDN Hedge Fund Activity: Q2 2016 in Review
169 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q2 2016, worth a combined $2.07B — up 0.72% from $2.06B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new FDN positions and 16 closed out — a net gain of 16 holders — while 52 added to existing stakes and 59 trimmed.
The largest buyer was Bank of Nova Scotia, opening a new position worth an estimated $43.2M. The largest seller was Bank of America, cutting an estimated $38.6M.
- 169 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q2 2016, up from 156 in Q1 2016.
- Funds reported $2.07B of First Trust Dow Jones Internet Index Fund ETF stock for Q2 2016, up 0.72% quarter-over-quarter.
- 32 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q2 2016 and 16 closed out, a net change of +16 holders.
- The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q2 2016 was Bank of Nova Scotia, an estimated $43.2M added.
- The largest First Trust Dow Jones Internet Index Fund ETF seller in Q2 2016 was Bank of America, an estimated $38.6M sold.
Based on aggregated 13F filings for Q2 2016.