First Trust NASDAQ Smartphone Index Fund
FONE
FONE was delisted on the 29th of May, 2019.
12 hedge funds and large institutions have $2.42M invested in First Trust NASDAQ Smartphone Index Fund in 2016 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 3 closing their positions.
21% more capital invested
Capital invested by funds: $2M → $2.42M (+$418K)
20% less funds holding
Funds holding: 15 → 12 (-3)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$167K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$90.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$22.6K |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$19.6K |
| 3 |
Citigroup
New York
|
-$14K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$4K |
| 5 |
JCM
Jacobi Capital Management
Pittston,
Pennsylvania
|
-$3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BRWA
1
B. Riley Wealth Advisors
Boca Raton,
Florida
| $777K | -$22.6K | -572 | -3% |
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $581K | -$514 | -13 | -0.1% |
|
|
3
Jane Street
New York
| $477K | +$167K | +4,217 | +57% |
|
|
4
UBS Group
Zurich,
Switzerland
| $349K | +$90.2K | +2,283 | +36% |
|
|
LTFS
5
Ladenburg Thalmann Financial Services
Miami,
Florida
| $114K | -$19.6K | -497 | -15% |
|
6
Creative Planning
Overland Park,
Kansas
| $58K | – | – | – |
|
7
Bank of America
Charlotte,
North Carolina
| $32K | – | – | – |
|
|
EWM
8
Evercore Wealth Management
New York
| $16K | – | – | – |
|
|
MFS
9
MSI Financial Services
Springfield,
Massachusetts
| $8K | – | – | – |
|
|
AG
10
Advisor Group
Phoenix,
Arizona
| $4K | – | – | – |
|
11
Royal Bank of Canada
Toronto,
Ontario, Canada
| $2K | – | – | – |
|
|
12
Citigroup
New York
| – | -$14K | -385 | Closed |
|
|
TRCT
13
Tower Research Capital (TRC)
New York
| – | -$4K | -113 | Closed |
|
|
JCM
14
Jacobi Capital Management
Pittston,
Pennsylvania
| – | -$3K | -90 | Closed |
|
FONE Hedge Fund Activity: Q3 2016 in Review
12 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Smartphone Index Fund (FONE) for Q3 2016, worth a combined $2.42M — up 21% from $2M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FONE and 0 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 2 added.
The largest buyer was Jane Street, adding an estimated $167K. The largest seller was B. Riley Wealth Advisors, cutting an estimated $22.6K.
- 12 institutional investors held First Trust NASDAQ Smartphone Index Fund (FONE) as of Q3 2016, down from 15 in Q2 2016.
- Funds reported $2.42M of First Trust NASDAQ Smartphone Index Fund stock for Q3 2016, up 21% quarter-over-quarter.
- 0 funds opened new First Trust NASDAQ Smartphone Index Fund positions in Q3 2016 and 3 closed out, a net change of -3 holders.
- The largest First Trust NASDAQ Smartphone Index Fund buyer in Q3 2016 was Jane Street, an estimated $167K added.
- The largest First Trust NASDAQ Smartphone Index Fund seller in Q3 2016 was B. Riley Wealth Advisors, an estimated $22.6K sold.
Based on aggregated 13F filings for Q3 2016.