First Trust Dow Jones Internet Index Fund ETF
588 hedge funds and large institutions have $4.1B invested in First Trust Dow Jones Internet Index Fund ETF in 2025 Q2 according to their latest regulatory filings, with 85 funds opening new positions, 132 increasing their positions, 230 reducing their positions, and 47 closing their positions.
81% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 47
44% more funds holding in top 10
Funds holding in top 10: 9 → 13 (+4)
20% more capital invested
Capital invested by funds: $3.42B → $4.1B (+$678M)
6% more funds holding
Funds holding: 557 → 588 (+31)
7% more call options, than puts
Call options by funds: $13.5M | Put options by funds: $12.7M
0.06% more ownership
Funds ownership: 55.98% → 56.04% (+0.06%)
43% less repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 230
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$132M |
| 2 |
MW
Marks Wealth
Annapolis,
Maryland
|
+$30.4M |
| 3 |
Millennium Management
New York
|
+$15.7M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$10.9M |
| 5 |
PFM
Potomac Fund Management
Miami,
Florida
|
+$9.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$103M |
| 2 |
Morgan Stanley
New York
|
-$38.9M |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
-$34M |
| 4 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$19.5M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$13.4M |
FDN Hedge Fund Activity: Q2 2025 in Review
588 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q2 2025, worth a combined $4.1B — up 20% from $3.42B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new FDN positions and 47 closed out — a net gain of 38 holders — while 132 added to existing stakes and 230 trimmed.
The largest buyer was Two Sigma Investments, adding an estimated $132M. The largest seller was UBS Group, cutting an estimated $103M.
- 588 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q2 2025, up from 557 in Q1 2025.
- Funds reported $4.1B of First Trust Dow Jones Internet Index Fund ETF stock for Q2 2025, up 20% quarter-over-quarter.
- 85 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q2 2025 and 47 closed out, a net change of +38 holders.
- The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q2 2025 was Two Sigma Investments, an estimated $132M added.
- The largest First Trust Dow Jones Internet Index Fund ETF seller in Q2 2025 was UBS Group, an estimated $103M sold.
Based on aggregated 13F filings for Q2 2025.