First Trust Dow Jones Select MicroCap Index Fund
FDM
29 hedge funds and large institutions have $19.9M invested in First Trust Dow Jones Select MicroCap Index Fund in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 5 closing their positions.
6% less funds holding
Funds holding: 31 → 29 (-2)
16.71% less ownership
Funds ownership: 48.4% → 31.69% (-17%)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
61% less capital invested
Capital invested by funds: $50.7M → $19.9M (-$30.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$2.06M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$912K |
| 3 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$405K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$129K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$97.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$20.8M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$7.46M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$3.45M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.26M |
| 5 |
PI
Placemark Investments
Chicago,
Illinois
|
-$516K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DADC
26
D.A. Davidson & Co
Great Falls,
Montana
| $12K | – | – | – |
|
|
WA
27
Waverly Advisors
Birmingham,
Alabama
| $7K | +$7.12K | +227 | New |
|
|
DBT
28
Dubuque Bank & Trust
Dubuque,
Iowa
| $2K | – | – | – |
|
|
ACS
29
Archford Capital Strategies
Swansea,
Illinois
| $929 | – | – | – |
|
|
BTS
30
BB&T Securities
Richmond,
Virginia
| – | -$7.46M | -23,045 | Closed |
|
|
PI
31
Placemark Investments
Chicago,
Illinois
| – | -$516K | -15,928 | Closed |
|
32
Envestnet Asset Management
Chicago,
Illinois
| – | -$53K | -1,628 | Closed |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| – | -$27K | -847 | Closed |
|
|
PTC
34
Private Trust Company
Cleveland,
Ohio
| – | -$19K | -600 | Closed |
|
FDM Hedge Fund Activity: Q2 2014 in Review
29 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q2 2014, worth a combined $19.9M — down 61% from $50.7M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FDM and 3 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 8 added.
The largest buyer was SG Americas Securities, opening a new position worth an estimated $2.06M. The largest seller was RiverFront Investment Group, cutting an estimated $20.8M.
- 29 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q2 2014, down from 31 in Q1 2014.
- Funds reported $19.9M of First Trust Dow Jones Select MicroCap Index Fund stock for Q2 2014, down 61% quarter-over-quarter.
- 3 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q2 2014 and 5 closed out, a net change of -2 holders.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q2 2014 was SG Americas Securities, an estimated $2.06M added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q2 2014 was RiverFront Investment Group, an estimated $20.8M sold.
Based on aggregated 13F filings for Q2 2014.