First Trust Dow Jones Internet Index Fund ETF
356 hedge funds and large institutions have $5.4B invested in First Trust Dow Jones Internet Index Fund ETF in 2019 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 118 increasing their positions, 118 reducing their positions, and 38 closing their positions.
34% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 38
15% more funds holding in top 10
Funds holding in top 10: 20 → 23 (+3)
8% more capital invested
Capital invested by funds: $5.02B → $5.4B (+$386M)
2% more funds holding
Funds holding: 350 → 356 (+6)
1.12% more ownership
Funds ownership: 61.2% → 62.32% (+1.1%)
0% more repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 118
4% less call options, than puts
Call options by funds: $28.9M | Put options by funds: $29.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Churchill Management
Los Angeles,
California
|
+$207M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$116M |
| 3 |
IA
IFG Advisory
Atlanta,
Georgia
|
+$30.9M |
| 4 |
AWM
Affinity Wealth Management
Wilmington,
Delaware
|
+$13.7M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$96.2M |
| 2 |
Morgan Stanley
New York
|
-$23.4M |
| 3 |
JPLA
Joseph P. Lucia & Associates
Yorktown Heights,
New York
|
-$22.2M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$20.6M |
| 5 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$12.7M |
FDN Hedge Fund Activity: Q2 2019 in Review
356 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q2 2019, worth a combined $5.4B — up 7.7% from $5.02B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new FDN positions and 38 closed out — a net gain of 13 holders — while 118 added to existing stakes and 118 trimmed.
The largest buyer was Churchill Management, opening a new position worth an estimated $207M. The largest seller was Bank of Nova Scotia, cutting an estimated $96.2M.
- 356 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q2 2019, up from 350 in Q1 2019.
- Funds reported $5.4B of First Trust Dow Jones Internet Index Fund ETF stock for Q2 2019, up 7.7% quarter-over-quarter.
- 51 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q2 2019 and 38 closed out, a net change of +13 holders.
- The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q2 2019 was Churchill Management, an estimated $207M added.
- The largest First Trust Dow Jones Internet Index Fund ETF seller in Q2 2019 was Bank of Nova Scotia, an estimated $96.2M sold.
Based on aggregated 13F filings for Q2 2019.