First Trust Dow Jones Select MicroCap Index Fund
FDM
31 hedge funds and large institutions have $24.7M invested in First Trust Dow Jones Select MicroCap Index Fund in 2017 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 5 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 11
2.57% less ownership
Funds ownership: 31.93% → 29.36% (-2.6%)
7% less capital invested
Capital invested by funds: $26.6M → $24.7M (-$1.93M)
11% less funds holding
Funds holding: 35 → 31 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| 1 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
+$1.46M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$906K |
| 3 |
Morgan Stanley
New York
|
+$511K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$315K |
| 5 |
FFW
Fusion Family Wealth
Woodbury,
New York
|
+$159K |
Top Sellers
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.94M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.07M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$877K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$566K |
| 5 |
Jane Street
New York
|
-$482K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WA
26
WFG Advisors
Dallas,
Texas
| $35K | +$5.37K | +125 | +19% |
|
|
NFG
27
Next Financial Group
Houston,
Texas
| $28K | +$16.7K | +390 | +158% |
|
|
DADC
28
D.A. Davidson & Co
Great Falls,
Montana
| $17K | – | – | – |
|
29
Creative Planning
Overland Park,
Kansas
| $7K | – | – | – |
|
|
30
Citadel Advisors
Miami,
Florida
| – | -$1.07M | -25,109 | Closed |
|
|
VKH
31
Virtu KCG Holdings
New York
| – | -$877K | -20,592 | Closed |
|
32
CIBC World Market
Toronto,
Ontario, Canada
| – | -$207K | -4,872 | Closed |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| – | -$4K | -103 | Closed |
|
|
TAIM
34
TD Ameritrade Investment Management
Omaha,
Nebraska
| – | -$1K | -22 | Closed |
|
FDM Hedge Fund Activity: Q2 2017 in Review
31 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q2 2017, worth a combined $24.7M — down 7.2% from $26.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FDM and 1 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 13 added.
The largest buyer was Chicago Partners Investment Group, adding an estimated $1.46M. The largest seller was Susquehanna International Group, cutting an estimated $1.94M.
- 31 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q2 2017, down from 35 in Q1 2017.
- Funds reported $24.7M of First Trust Dow Jones Select MicroCap Index Fund stock for Q2 2017, down 7.2% quarter-over-quarter.
- 1 fund opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q2 2017 and 5 closed out, a net change of -4 holders.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q2 2017 was Chicago Partners Investment Group, an estimated $1.46M added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q2 2017 was Susquehanna International Group, an estimated $1.94M sold.
Based on aggregated 13F filings for Q2 2017.