First Trust Dow Jones Select MicroCap Index Fund
FDM
28 hedge funds and large institutions have $40M invested in First Trust Dow Jones Select MicroCap Index Fund in 2014 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
54% more capital invested
Capital invested by funds: $25.9M → $40M (+$14M)
17% more funds holding
Funds holding: 24 → 28 (+4)
1.65% more ownership
Funds ownership: 26.67% → 28.32% (+1.6%)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
Top Buyers
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$1.21M |
| 2 |
Morgan Stanley
New York
|
+$884K |
| 3 |
NPC
National Planning Corporation
El Segundo,
California
|
+$74.7K |
| 4 |
OCM
One Capital Management
Westlake Village,
California
|
+$48.8K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$34.5K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DBT
26
Dubuque Bank & Trust
Dubuque,
Iowa
| $4K | – | – | – |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $1K | +$1.38K | +44 | New |
|
28
SG Americas Securities
New York
| – | -$1.54M | -51,314 | Closed |
|
29
Parallax Volatility Advisers
San Francisco,
California
| – | +$31 | +1 | New |
|
FDM Hedge Fund Activity: Q4 2014 in Review
28 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q4 2014, worth a combined $40M — up 54% from $25.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FDM positions and 1 closed out — a net gain of 5 holders — while 6 added to existing stakes and 9 trimmed.
The largest buyer was BB&T Securities, adding an estimated $1.21M. The largest seller was Susquehanna International Group, cutting an estimated $1.76M.
- 28 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q4 2014, up from 24 in Q3 2014.
- Funds reported $40M of First Trust Dow Jones Select MicroCap Index Fund stock for Q4 2014, up 54% quarter-over-quarter.
- 6 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q4 2014 and 1 closed out, a net change of +5 holders.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q4 2014 was BB&T Securities, an estimated $1.21M added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q4 2014 was Susquehanna International Group, an estimated $1.76M sold.
Based on aggregated 13F filings for Q4 2014.