First Trust Dow Jones Select MicroCap Index Fund
FDM
30 hedge funds and large institutions have $17.1M invested in First Trust Dow Jones Select MicroCap Index Fund in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 14 reducing their positions, and 3 closing their positions.
3.74% more ownership
Funds ownership: 32% → 35.74% (+3.7%)
5% more capital invested
Capital invested by funds: $16.4M → $17.1M (+$745K)
3% less funds holding
Funds holding: 31 → 30 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
43% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.02M |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
+$1.1M |
| 3 |
OCM
One Capital Management
Westlake Village,
California
|
+$213K |
| 4 |
Morgan Stanley
New York
|
+$178K |
| 5 |
Jane Street
New York
|
+$66.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$1.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.01M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$281K |
| 4 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
-$204K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$110K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DBT
26
Dubuque Bank & Trust
Dubuque,
Iowa
| $3K | – | – | – |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $3K | +$2.79K | +90 | New |
|
28
Citigroup
New York
| $2K | -$2.02K | -65 | -49% |
|
|
OCM
29
One Capital Management
Westlake Village,
California
| $473 | +$213K | +6,866 | +92% |
|
|
30
Citadel Advisors
Miami,
Florida
| – | -$1.3M | -39,620 | Closed |
|
|
ADL
31
Asset Dedication LLC
San Francisco,
California
| – | -$14K | -427 | Closed |
|
|
AP
32
Atwood & Palmer
Kansas City,
Missouri
| – | -$2K | -60 | Closed |
|
FDM Hedge Fund Activity: Q1 2016 in Review
30 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q1 2016, worth a combined $17.1M — up 4.6% from $16.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FDM and 2 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 8 added.
The largest buyer was Susquehanna International Group, adding an estimated $2.02M. The largest seller was Citadel Advisors, exiting entirely with an estimated $1.3M sold.
- 30 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q1 2016, down from 31 in Q4 2015.
- Funds reported $17.1M of First Trust Dow Jones Select MicroCap Index Fund stock for Q1 2016, up 4.6% quarter-over-quarter.
- 2 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q1 2016 and 3 closed out, a net change of -1 holder.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q1 2016 was Susquehanna International Group, an estimated $2.02M added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q1 2016 was Citadel Advisors, an estimated $1.3M sold.
Based on aggregated 13F filings for Q1 2016.