First Trust Dow Jones Select MicroCap Index Fund
FDM
30 hedge funds and large institutions have $13.5M invested in First Trust Dow Jones Select MicroCap Index Fund in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 5 closing their positions.
0% more funds holding
Funds holding: 30 → 30 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
5.94% less ownership
Funds ownership: 35.74% → 29.8% (-5.9%)
21% less capital invested
Capital invested by funds: $17.1M → $13.5M (-$3.62M)
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DADC
26
D.A. Davidson & Co
Great Falls,
Montana
| $13K | – | – | – |
|
27
Creative Planning
Overland Park,
Kansas
| $11K | – | – | – |
|
|
MFS
28
MSI Financial Services
Springfield,
Massachusetts
| $4K | – | – | – |
|
|
DBT
29
Dubuque Bank & Trust
Dubuque,
Iowa
| $3K | – | – | – |
|
|
IA
30
IFP Advisors
Tampa,
Florida
| – | -$1.58M | -35,508 | Closed |
|
31
LPL Financial
San Diego,
California
| – | -$262K | -8,108 | Closed |
|
|
AIG
32
American International Group
New York
| – | -$10K | -296 | Closed |
|
33
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -90 | Closed |
|
34
Citigroup
New York
| – | -$2K | -68 | Closed |
|
FDM Hedge Fund Activity: Q2 2016 in Review
30 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q2 2016, worth a combined $13.5M — down 21% from $17.1M a quarter earlier.
Fund positioning in FDM was balanced in Q2 2016: 5 funds opened new positions, 5 closed out, 5 added to existing stakes and 11 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $783K. The largest seller was Susquehanna International Group, cutting an estimated $2.92M.
- 30 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $13.5M of First Trust Dow Jones Select MicroCap Index Fund stock for Q2 2016, down 21% quarter-over-quarter.
- 5 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q2 2016 and 5 closed out, a net change of 0 holders.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q2 2016 was Morgan Stanley, an estimated $783K added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q2 2016 was Susquehanna International Group, an estimated $2.92M sold.
Based on aggregated 13F filings for Q2 2016.