First Trust Dow Jones Internet Index Fund ETF
571 hedge funds and large institutions have $4.39B invested in First Trust Dow Jones Internet Index Fund ETF in 2025 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 148 increasing their positions, 199 reducing their positions, and 45 closing their positions.
98% more call options, than puts
Call options by funds: $11.8M | Put options by funds: $5.93M
82% more capital inflows, than outflows
Capital inflows: $401M | Capital outflows: $220M
1.56% more ownership
Funds ownership: 56.04% → 57.61% (+1.6%)
3% less funds holding
Funds holding: 589 → 571 (-18)
15% less funds holding in top 10
Funds holding in top 10: 13 → 11 (-2)
18% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 45
26% less repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 199
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$81.6M |
| 2 |
Goldman Sachs
New York
|
+$57.8M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$42.9M |
| 4 |
Corient Private Wealth
Miami,
Florida
|
+$41.1M |
| 5 |
Citigroup
New York
|
+$32.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marks Wealth
Annapolis,
Maryland
|
-$34.1M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$25.1M |
| 3 |
360 Financial
Wayzata,
Minnesota
|
-$14.2M |
| 4 |
Insight Wealth Strategies
San Ramon,
California
|
-$12.1M |
| 5 |
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$10.5M |
FDN Hedge Fund Activity: Q3 2025 in Review
571 of the 7,650 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q3 2025, worth a combined $4.39B — up 7.1% from $4.1B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of FDN and 37 opened new positions — a net loss of 8 holders — while 199 trimmed existing stakes and 148 added.
The largest buyer was Millennium Management, adding an estimated $81.6M. The largest seller was Marks Wealth, exiting entirely with an estimated $34.1M sold.
- 571 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q3 2025, down from 589 in Q2 2025.
- Funds reported $4.39B of First Trust Dow Jones Internet Index Fund ETF stock for Q3 2025, up 7.1% quarter-over-quarter.
- 37 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q3 2025 and 45 closed out, a net change of -8 holders.
- The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q3 2025 was Millennium Management, an estimated $81.6M added.
- The largest First Trust Dow Jones Internet Index Fund ETF seller in Q3 2025 was Marks Wealth, an estimated $34.1M sold.
Based on aggregated 13F filings for Q3 2025.