First Trust Dow Jones Select MicroCap Index Fund
FDM
35 hedge funds and large institutions have $26.6M invested in First Trust Dow Jones Select MicroCap Index Fund in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
0% more funds holding
Funds holding: 35 → 35 (0)
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
33.36% less ownership
Funds ownership: 65.29% → 31.93% (-33%)
65% less capital invested
Capital invested by funds: $76.4M → $26.6M (-$49.7M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.9M |
| 2 |
Morgan Stanley
New York
|
+$1.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.08M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$883K |
| 5 |
SG Americas Securities
New York
|
+$729K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $43K | -$34.2K | -798 | -44% |
|
|
WA
27
WFG Advisors
Dallas,
Texas
| $29K | -$4.29K | -100 | -13% |
|
|
AG
28
Advisor Group
Phoenix,
Arizona
| $23K | -$12.9K | -300 | -36% |
|
|
DADC
29
D.A. Davidson & Co
Great Falls,
Montana
| $17K | – | – | – |
|
|
NFG
30
Next Financial Group
Houston,
Texas
| $11K | +$10.6K | +247 | New |
|
31
Creative Planning
Overland Park,
Kansas
| $7K | – | – | – |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| $4K | +$4.42K | +103 | New |
|
|
TAIM
33
TD Ameritrade Investment Management
Omaha,
Nebraska
| $1K | +$943 | +22 | New |
|
|
NCM
34
Niemann Capital Management
Stateline,
Nevada
| – | -$24.1M | -546,738 | Closed |
|
|
UCFA
35
United Capital Financial Advisors
Irving,
Texas
| – | -$13.3M | -301,560 | Closed |
|
|
RJFSA
36
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$238K | -5,389 | Closed |
|
|
DBT
37
Dubuque Bank & Trust
Dubuque,
Iowa
| – | -$4K | -100 | Closed |
|
|
IFA
38
Interactive Financial Advisors
New Lenox,
Illinois
| – | -$4K | -100 | Closed |
|
FDM Hedge Fund Activity: Q1 2017 in Review
35 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q1 2017, worth a combined $26.6M — down 65% from $76.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FDM positions and 5 closed out — a net gain of 1 holder — while 9 added to existing stakes and 13 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $1.9M. The largest seller was Niemann Capital Management, exiting entirely with an estimated $24.1M sold.
- 35 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q1 2017, unchanged from Q4 2016.
- Funds reported $26.6M of First Trust Dow Jones Select MicroCap Index Fund stock for Q1 2017, down 65% quarter-over-quarter.
- 6 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q1 2017 and 5 closed out, a net change of +1 holder.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q1 2017 was Susquehanna International Group, an estimated $1.9M added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q1 2017 was Niemann Capital Management, an estimated $24.1M sold.
Based on aggregated 13F filings for Q1 2017.