First Trust Dow Jones Internet Index Fund ETF
412 hedge funds and large institutions have $1.8B invested in First Trust Dow Jones Internet Index Fund ETF in 2023 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 81 increasing their positions, 176 reducing their positions, and 38 closing their positions.
55% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 38
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
23% more call options, than puts
Call options by funds: $52M | Put options by funds: $42.3M
3% more funds holding
Funds holding: 400 → 412 (+12)
1.09% less ownership
Funds ownership: 46.03% → 44.94% (-1.1%)
41% less capital inflows, than outflows
Capital inflows: $178M | Capital outflows: $301M
54% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 176
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$94.1M |
| 2 |
Money Concepts Capital
Palm Beach Gardens,
Florida
|
+$10.1M |
| 3 |
Citigroup
New York
|
+$8.68M |
| 4 |
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
+$7.87M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$7.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fisher Asset Management
Camas,
Washington
|
-$107M |
| 2 |
Morgan Stanley
New York
|
-$23.3M |
| 3 |
Goldman Sachs
New York
|
-$18.4M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$10.8M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$10.6M |
FDN Hedge Fund Activity: Q1 2023 in Review
412 of the 6,289 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q1 2023, worth a combined $1.8B — up 10% from $1.63B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new FDN positions and 38 closed out — a net gain of 21 holders — while 81 added to existing stakes and 176 trimmed.
The largest buyer was UBS Group, adding an estimated $94.1M. The largest seller was Fisher Asset Management, cutting an estimated $107M.
- 412 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q1 2023, up from 400 in Q4 2022.
- Funds reported $1.8B of First Trust Dow Jones Internet Index Fund ETF stock for Q1 2023, up 10% quarter-over-quarter.
- 59 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q1 2023 and 38 closed out, a net change of +21 holders.
- The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q1 2023 was UBS Group, an estimated $94.1M added.
- The largest First Trust Dow Jones Internet Index Fund ETF seller in Q1 2023 was Fisher Asset Management, an estimated $107M sold.
Based on aggregated 13F filings for Q1 2023.