First Trust Dow Jones Select MicroCap Index Fund
FDM
28 hedge funds and large institutions have $23.8M invested in First Trust Dow Jones Select MicroCap Index Fund in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 6 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
4% less capital invested
Capital invested by funds: $24.7M → $23.8M (-$914K)
1.74% less ownership
Funds ownership: 29.36% → 27.62% (-1.7%)
10% less funds holding
Funds holding: 31 → 28 (-3)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$749K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$343K |
| 3 |
LPL Financial
San Diego,
California
|
+$305K |
| 4 |
EWM
Empirical Wealth Management
Seattle,
Washington
|
+$251K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
+$185K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DBT
26
Dubuque Bank & Trust
Dubuque,
Iowa
| $5K | +$4.37K | +100 | New |
|
27
SG Americas Securities
New York
| – | -$1.75M | -39,613 | Closed |
|
28
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.44M | -32,673 | Closed |
|
29
Jane Street
New York
| – | -$244K | -5,537 | Closed |
|
|
NFG
30
Next Financial Group
Houston,
Texas
| – | -$28K | -637 | Closed |
|
|
DADC
31
D.A. Davidson & Co
Great Falls,
Montana
| – | -$17K | -400 | Closed |
|
32
Creative Planning
Overland Park,
Kansas
| – | -$7K | -157 | Closed |
|
FDM Hedge Fund Activity: Q3 2017 in Review
28 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 Q3 2017, worth a combined $23.8M — down 3.7% from $24.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FDM and 4 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 9 added.
The largest buyer was Morgan Stanley, adding an estimated $749K. The largest seller was SG Americas Securities, exiting entirely with an estimated $1.75M sold.
- 28 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q3 2017, down from 31 in Q2 2017.
- Funds reported $23.8M of First Trust Dow Jones Select MicroCap Index Fund stock for Q3 2017, down 3.7% quarter-over-quarter.
- 4 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q3 2017 and 6 closed out, a net change of -2 holders.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q3 2017 was Morgan Stanley, an estimated $749K added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q3 2017 was SG Americas Securities, an estimated $1.75M sold.
Based on aggregated 13F filings for Q3 2017.