First Trust Dow Jones Select MicroCap Index Fund
FDM
24 hedge funds and large institutions have $25.9M invested in First Trust Dow Jones Select MicroCap Index Fund in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 6 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
31% more capital invested
Capital invested by funds: $19.9M → $25.9M (+$6.07M)
5.02% less ownership
Funds ownership: 31.69% → 26.67% (-5%)
17% less funds holding
Funds holding: 29 → 24 (-5)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$1.43M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.17M |
| 3 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$128K |
| 4 |
CP
Camelot Portfolios
Maumee,
Ohio
|
+$42.5K |
| 5 |
Morgan Stanley
New York
|
+$40.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$5.12M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$663K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$573K |
| 4 |
SG Americas Securities
New York
|
-$448K |
| 5 |
CS
Comerica Securities
Detroit,
Michigan
|
-$435K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RJA
26
Raymond James & Associates
St Petersburg,
Florida
| – | -$573K | -17,897 | Closed |
|
|
CS
27
Comerica Securities
Detroit,
Michigan
| – | -$435K | -13,565 | Closed |
|
28
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$359K | -11,192 | Closed |
|
|
VKH
29
Virtu KCG Holdings
New York
| – | -$231K | -7,198 | Closed |
|
|
ACS
30
Archford Capital Strategies
Swansea,
Illinois
| – | -$908 | -29 | Closed |
|
FDM Hedge Fund Activity: Q3 2014 in Review
24 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q3 2014, worth a combined $25.9M — up 31% from $19.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FDM and 1 opened new positions — a net loss of 5 holders — while 6 trimmed existing stakes and 10 added.
The largest buyer was BB&T Securities, opening a new position worth an estimated $1.43M. The largest seller was RiverFront Investment Group, exiting entirely with an estimated $5.12M sold.
- 24 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q3 2014, down from 29 in Q2 2014.
- Funds reported $25.9M of First Trust Dow Jones Select MicroCap Index Fund stock for Q3 2014, up 31% quarter-over-quarter.
- 1 fund opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q3 2014 and 6 closed out, a net change of -5 holders.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q3 2014 was BB&T Securities, an estimated $1.43M added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q3 2014 was RiverFront Investment Group, an estimated $5.12M sold.
Based on aggregated 13F filings for Q3 2014.