First Trust NASDAQ Smartphone Index Fund
FONE
FONE was delisted on the 29th of May, 2019.
15 hedge funds and large institutions have $2M invested in First Trust NASDAQ Smartphone Index Fund in 2016 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 3 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
6% less funds holding
Funds holding: 16 → 15 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
42% less capital invested
Capital invested by funds: $3.45M → $2M (-$1.45M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$98K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$33.9K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$7.29K |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$3.94K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$965K |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$210K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$206K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$174K |
| 5 |
AIG
American International Group
New York
|
-$4K |
FONE Hedge Fund Activity: Q2 2016 in Review
15 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Smartphone Index Fund (FONE) for Q2 2016, worth a combined $2M — down 42% from $3.45M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FONE and 2 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 4 added.
The largest buyer was B. Riley Wealth Advisors, adding an estimated $98K. The largest seller was Jane Street, cutting an estimated $965K.
- 15 institutional investors held First Trust NASDAQ Smartphone Index Fund (FONE) as of Q2 2016, down from 16 in Q1 2016.
- Funds reported $2M of First Trust NASDAQ Smartphone Index Fund stock for Q2 2016, down 42% quarter-over-quarter.
- 2 funds opened new First Trust NASDAQ Smartphone Index Fund positions in Q2 2016 and 3 closed out, a net change of -1 holder.
- The largest First Trust NASDAQ Smartphone Index Fund buyer in Q2 2016 was B. Riley Wealth Advisors, an estimated $98K added.
- The largest First Trust NASDAQ Smartphone Index Fund seller in Q2 2016 was Jane Street, an estimated $965K sold.
Based on aggregated 13F filings for Q2 2016.