First Trust Dow Jones Internet Index Fund ETF
339 hedge funds and large institutions have $4.9B invested in First Trust Dow Jones Internet Index Fund ETF in 2019 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 103 increasing their positions, 131 reducing their positions, and 51 closing their positions.
19% more call options, than puts
Call options by funds: $24.4M | Put options by funds: $20.6M
0.93% less ownership
Funds ownership: 62.32% → 61.39% (-0.93%)
5% less funds holding
Funds holding: 356 → 339 (-17)
9% less capital invested
Capital invested by funds: $5.4B → $4.9B (-$504M)
21% less repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 131
27% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 51
48% less funds holding in top 10
Funds holding in top 10: 23 → 12 (-11)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$151M |
| 2 |
BWL
Bogart Wealth LLC
Mclean,
Virginia
|
+$57.6M |
| 3 |
Two Sigma Investments
New York
|
+$11.6M |
| 4 |
LPL Financial
San Diego,
California
|
+$9.8M |
| 5 |
Jane Street
New York
|
+$6.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IFG Advisory
Atlanta,
Georgia
|
-$198M |
| 2 |
CM
Churchill Management
Los Angeles,
California
|
-$157M |
| 3 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$30.1M |
| 4 |
Barclays
London,
United Kingdom
|
-$27.7M |
| 5 |
Morgan Stanley
New York
|
-$25.6M |
FDN Hedge Fund Activity: Q3 2019 in Review
339 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q3 2019, worth a combined $4.9B — down 9.3% from $5.4B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of FDN and 37 opened new positions — a net loss of 14 holders — while 131 trimmed existing stakes and 103 added.
The largest buyer was Bank of America, adding an estimated $151M. The largest seller was IFG Advisory, cutting an estimated $198M.
- 339 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q3 2019, down from 356 in Q2 2019.
- Funds reported $4.9B of First Trust Dow Jones Internet Index Fund ETF stock for Q3 2019, down 9.3% quarter-over-quarter.
- 37 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q3 2019 and 51 closed out, a net change of -14 holders.
- The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q3 2019 was Bank of America, an estimated $151M added.
- The largest First Trust Dow Jones Internet Index Fund ETF seller in Q3 2019 was IFG Advisory, an estimated $198M sold.
Based on aggregated 13F filings for Q3 2019.