First Trust Dow Jones Internet Index Fund ETF
350 hedge funds and large institutions have $5.02B invested in First Trust Dow Jones Internet Index Fund ETF in 2019 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 86 increasing their positions, 134 reducing their positions, and 42 closing their positions.
60% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 42
26% more capital invested
Capital invested by funds: $3.99B → $5.02B (+$1.03B)
23% more call options, than puts
Call options by funds: $29.3M | Put options by funds: $23.9M
18% more funds holding in top 10
Funds holding in top 10: 17 → 20 (+3)
6% more funds holding
Funds holding: 329 → 350 (+21)
3.45% more ownership
Funds ownership: 57.76% → 61.2% (+3.4%)
36% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 134
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$180M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$91.1M |
| 3 |
IA
IFG Advisory
Atlanta,
Georgia
|
+$58.7M |
| 4 |
Barclays
London,
United Kingdom
|
+$23.8M |
| 5 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$23.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$65.5M |
| 2 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$21M |
| 3 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
-$17.3M |
| 4 |
JP Morgan Chase
New York
|
-$11.7M |
| 5 |
CIA
Choate Investment Advisors
Boston,
Massachusetts
|
-$10.8M |
FDN Hedge Fund Activity: Q1 2019 in Review
350 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q1 2019, worth a combined $5.02B — up 26% from $3.99B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new FDN positions and 42 closed out — a net gain of 25 holders — while 86 added to existing stakes and 134 trimmed.
The largest buyer was Bank of America, adding an estimated $180M. The largest seller was First Trust Advisors, cutting an estimated $65.5M.
- 350 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q1 2019, up from 329 in Q4 2018.
- Funds reported $5.02B of First Trust Dow Jones Internet Index Fund ETF stock for Q1 2019, up 26% quarter-over-quarter.
- 67 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q1 2019 and 42 closed out, a net change of +25 holders.
- The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q1 2019 was Bank of America, an estimated $180M added.
- The largest First Trust Dow Jones Internet Index Fund ETF seller in Q1 2019 was First Trust Advisors, an estimated $65.5M sold.
Based on aggregated 13F filings for Q1 2019.