First Trust Dow Jones Internet Index Fund ETF
601 hedge funds and large institutions have $3.68B invested in First Trust Dow Jones Internet Index Fund ETF in 2025 Q4 according to their latest regulatory filings, with 91 funds opening new positions, 126 increasing their positions, 207 reducing their positions, and 48 closing their positions.
103% more call options, than puts
Call options by funds: $19.6M | Put options by funds: $9.69M
90% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 48
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
5% more funds holding
Funds holding: 570 → 601 (+31)
2.16% less ownership
Funds ownership: 57.61% → 55.44% (-2.2%)
16% less capital invested
Capital invested by funds: $4.39B → $3.68B (-$707M)
39% less repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 207
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPA
Capital Performance Advisors
Walnut Creek,
California
|
+$24.3M |
| 2 |
3F
360 Financial
Wayzata,
Minnesota
|
+$15.1M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$14.6M |
| 4 |
WWA
WCG Wealth Advisors
Las Vegas,
Nevada
|
+$12.6M |
| 5 |
LPL Financial
San Diego,
California
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$182M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$76.7M |
| 3 |
Two Sigma Investments
New York
|
-$74.6M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$69.3M |
| 5 |
Goldman Sachs
New York
|
-$58M |
FDN Hedge Fund Activity: Q4 2025 in Review
601 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q4 2025, worth a combined $3.68B — down 16% from $4.39B a quarter earlier.
Buyers outnumbered sellers: 91 funds opened new FDN positions and 48 closed out — a net gain of 43 holders — while 126 added to existing stakes and 207 trimmed.
The largest buyer was Capital Performance Advisors, opening a new position worth an estimated $24.3M. The largest seller was Millennium Management, exiting entirely with an estimated $182M sold.
- 601 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q4 2025, up from 570 in Q3 2025.
- Funds reported $3.68B of First Trust Dow Jones Internet Index Fund ETF stock for Q4 2025, down 16% quarter-over-quarter.
- 91 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q4 2025 and 48 closed out, a net change of +43 holders.
- The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q4 2025 was Capital Performance Advisors, an estimated $24.3M added.
- The largest First Trust Dow Jones Internet Index Fund ETF seller in Q4 2025 was Millennium Management, an estimated $182M sold.
Based on aggregated 13F filings for Q4 2025.