140 Characters/FB

So the long awaited and well publicized Twitter IPO has been priced at $26 and began to trade yesterday to a wonderful premium.  There are certainly some likely candidates within the ETF Universe that should jump at the opportunity to own the newly and publicly traded Twitter  – ETF names such as Social Media Index ETF (SOCL), Renaissance IPO ETF (IPO), US IPO Index Fund (FPX) and DJ Internet Index Fund (FDN) to name just a few.

As a proxy for some of the potential future owners of Twitter, we examine the largest holders of another IPO of which you may have heard, Facebook Inc. (FB).  Putting aside the bungling of the IPO trading transactions, it’s now approaching almost exactly 6 months since the largest internet IPO was priced back on May 18, 2013.  The company priced at $38 and despite a roller coaster ride immediately following the offering, now trades in the high 40’s. 

So which ETFs own Facebook and how much – all of which is made easy via the ETFG Grey Market Report which reflects the ETFs that hold a particular equity along with their respective Long, Short and Absolute amounts inclusive of leverage.  Here are the Top 10 Facebook holders with that information:

Facebook Inc. (FB) - Top 10 ETF Holders                                            (11/7/13)
Ticker	Name	Weight (%)	AUM (M)	Long (M)	Short (M)	Absolute (M)
FPX	First Trust IPOX-100 Index Fund ETF	10.25	239.73	24.57	0	24.57
SOCL	Global X Social Media Index ETF	9.41	96.62	9.09	0	9.09
PNQI	Powershares Nasdaq Internet Portfolio ETF	8.27	216.32	17.89	0	17.89
FDN	First Trust DJ Internet Index Fund ETF	6.50	1650.00	107.16	0	107.16
SKYY	First Trust ISE Cloud Computing Index ETF	5.72	147.36	8.43	0	8.43
MTK	SPDR Morgan Stanley Technology ETF	4.44	198.95	8.83	0	8.83
FMK	First Trust Mega Cap AlphaDex ETF	3.07	9.63	0.30	0	0.30
IYW	iShares Dow Jones U.S. Technology Index ETF	2.86	2830.00	80.86	0	80.86
RWG	Columbia RP Focused Large Cap Growth ETF	2.44	13.97	0.34	0	0.34
QTEC	First Trust NASDAQ-100-Tech Sector Index ETF	2.44	152.63	3.72	0	3.72

This information is available for all equities that we track by simply entering the Ticker, pressing escape to remove the auto-fill function and then pressing enter. 

Additionally, the ETFG S&P Grey Market Summary reflects the ownership levels (Long, Short, Absolute & Net) as a function of their respective Market Capitalization and their trading levels (Long, Short) as a function of the underlying constituent’s Average Daily Trading Volume.  This report contains the information described above for all 500 components of the S&P 500, includes information for the Leverage Factor as well as the Inverse and provides a sortable ranking for by each category.

 

Have a terrific weekend – all ETFG models and applications will be updated and live on Monday but ETFG Daily Perspectives will be off for Veteran’s Day in honor of our past and present servicemen and servicewomen!   

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