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First Trust Dow Jones Internet Index Fund ETF

226 hedge funds and large institutions have $2.9B invested in First Trust Dow Jones Internet Index Fund ETF in 2017 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 73 increasing their positions, 86 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 21

20% more funds holding in top 10

Funds holding in top 10: 1012 (+2)

10% more capital invested

Capital invested by funds: $2.63B → $2.9B (+$271M)

2% more funds holding

Funds holding: 221226 (+5)

1.35% more ownership

Funds ownership: 58.98%60.33% (+1.4%)

15% less repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 86

65% less call options, than puts

Call options by funds: $8.31M | Put options by funds: $23.9M

Holders
226
Holders Change
+5
Holders Change %
+2.26%
% of All Funds
5.63%
Holding in Top 10
12
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+20%
% of All Funds
0.3%
New
29
Increased
73
Reduced
86
Closed
21
Calls
$8.31M
Puts
$23.9M
Net Calls
-$15.6M
Net Calls Change
-$4.06M
Name Holding Trade Value Shares
Change
Change in
Stake
First Trust Advisors
1
First Trust Advisors
Illinois
$586M -$31.4M -316,316 -5%
Bank of America
2
Bank of America
North Carolina
$582M +$260M +2,626,233 +86%
Wells Fargo
3
Wells Fargo
California
$337M -$849K -8,566 -0.3%
Morgan Stanley
4
Morgan Stanley
New York
$332M -$25.8M -260,518 -7%
CM
5
Churchill Management
California
$109M -$1.81M -18,228 -2%
UBS Group
6
UBS Group
Switzerland
$101M -$2.26M -22,787 -2%
RJA
7
Raymond James & Associates
Florida
$57.3M -$6.27M -63,213 -10%
AssetMark Inc
8
AssetMark Inc
California
$43.3M -$59.9M -604,367 -59%
Bank of Nova Scotia
9
Bank of Nova Scotia
Ontario, Canada
$43M -$69.9M -705,400 -63%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$41.9M +$230K +2,321 +0.6%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$38.8M +$3.76M +37,924 +11%
LPL Financial
12
LPL Financial
California
$35.4M -$4.6M -46,446 -12%
Ameriprise
13
Ameriprise
Minnesota
$33.7M +$935K +9,434 +3%
MML Investors Services
14
MML Investors Services
Massachusetts
$29.7M -$14.1M -142,648 -33%
UCFA
15
United Capital Financial Advisors
Texas
$25M -$4.74M -47,793 -16%
Stifel Financial
16
Stifel Financial
Missouri
$21M -$75.8K -765 -0.4%
Janney Montgomery Scott
17
Janney Montgomery Scott
Pennsylvania
$19.6M +$293K +2,957 +2%
SB
18
Suntrust Banks
Georgia
$18.6M -$630K -6,356 -3%
CS
19
Credit Suisse
Switzerland
$16.5M +$15.1M +152,207 +1,637%
NC
20
NewSquare Capital
Pennsylvania
$16.2M -$417K -4,206 -2%
LTFS
21
Ladenburg Thalmann Financial Services
Florida
$13.5M +$4.58M +46,156 +54%
MCM
22
Murphy Capital Management
New Jersey
$12.6M -$277K -2,795 -2%
BFA
23
Beaumont Financial Advisors
Massachusetts
$12.1M +$52.2K +527 +0.4%
JMPWA
24
JP Morgan Private Wealth Advisors
California
$12M +$3.96M +39,980 +52%
SG Americas Securities
25
SG Americas Securities
New York
$11.9M +$10.5M +106,232 +1,050%

FDN Hedge Fund Activity: Q3 2017 in Review

226 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q3 2017, worth a combined $2.9B — up 10% from $2.63B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new FDN positions and 21 closed out — a net gain of 8 holders — while 73 added to existing stakes and 86 trimmed.

The largest buyer was Bank of America, adding an estimated $260M. The largest seller was Bank of Nova Scotia, cutting an estimated $69.9M.

  • 226 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q3 2017, up from 221 in Q2 2017.
  • Funds reported $2.9B of First Trust Dow Jones Internet Index Fund ETF stock for Q3 2017, up 10% quarter-over-quarter.
  • 29 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q3 2017 and 21 closed out, a net change of +8 holders.
  • The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q3 2017 was Bank of America, an estimated $260M added.
  • The largest First Trust Dow Jones Internet Index Fund ETF seller in Q3 2017 was Bank of Nova Scotia, an estimated $69.9M sold.

Based on aggregated 13F filings for Q3 2017.