First Trust Dow Jones Internet Index Fund ETF
227 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.
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: 10 → 12 (+2)
10% more capital invested
Capital invested by funds: $2.63B → $2.9B (+$271M)
2% more funds holding
Funds holding: 222 → 227 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$260M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$15.1M |
| 3 |
SG Americas Securities
New York
|
+$10.5M |
| 4 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
+$7.88M |
| 5 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$6.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$69.9M |
| 2 |
AssetMark Inc
Concord,
California
|
-$59.9M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$31.4M |
| 4 |
Morgan Stanley
New York
|
-$25.8M |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$14.1M |
FDN Hedge Fund Activity: Q3 2017 in Review
227 of the 4,022 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.
- 227 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q3 2017, up from 222 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.