First Trust Dow Jones Internet Index Fund ETF
500 hedge funds and large institutions have $3.22B invested in First Trust Dow Jones Internet Index Fund ETF in 2024 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 130 increasing their positions, 194 reducing their positions, and 44 closing their positions.
260% more call options, than puts
Call options by funds: $19.7M | Put options by funds: $5.47M
9% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 44
2% less funds holding
Funds holding: 510 → 500 (-10)
5.42% less ownership
Funds ownership: 59.22% → 53.8% (-5.4%)
11% less capital invested
Capital invested by funds: $3.62B → $3.22B (-$407M)
31% less funds holding in top 10
Funds holding in top 10: 13 → 9 (-4)
33% less repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 194
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$30.2M |
| 2 |
CFG
Citizens Financial Group
Providence,
Rhode Island
|
+$22.1M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$17.6M |
| 4 |
D.E. Shaw & Co
New York
|
+$9.88M |
| 5 |
SFC
Strategic Financial Concepts
San Antonio,
Texas
|
+$7.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fisher Asset Management
Camas,
Washington
|
-$162M |
| 2 |
Two Sigma Investments
New York
|
-$34.7M |
| 3 |
Morgan Stanley
New York
|
-$33.1M |
| 4 |
JP Morgan Chase
New York
|
-$23.4M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$20.4M |
FDN Hedge Fund Activity: Q2 2024 in Review
500 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q2 2024, worth a combined $3.22B — down 11% from $3.62B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of FDN and 40 opened new positions — a net loss of 4 holders — while 194 trimmed existing stakes and 130 added.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $30.2M. The largest seller was Fisher Asset Management, cutting an estimated $162M.
- 500 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q2 2024, down from 510 in Q1 2024.
- Funds reported $3.22B of First Trust Dow Jones Internet Index Fund ETF stock for Q2 2024, down 11% quarter-over-quarter.
- 40 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q2 2024 and 44 closed out, a net change of -4 holders.
- The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q2 2024 was BNP Paribas Financial Markets, an estimated $30.2M added.
- The largest First Trust Dow Jones Internet Index Fund ETF seller in Q2 2024 was Fisher Asset Management, an estimated $162M sold.
Based on aggregated 13F filings for Q2 2024.