First Trust Dow Jones Select MicroCap Index Fund
FDM
35 hedge funds and large institutions have $43.6M invested in First Trust Dow Jones Select MicroCap Index Fund in 2018 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 6 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
35% more capital invested
Capital invested by funds: $32.3M → $43.6M (+$11.3M)
3.23% more ownership
Funds ownership: 31.58% → 34.81% (+3.2%)
3% less funds holding
Funds holding: 36 → 35 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$7.04M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.22M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.05M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$542K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
+$344K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$760K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$710K |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$416K |
| 4 |
SG Americas Securities
New York
|
-$257K |
| 5 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$143K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FFW
26
Fusion Family Wealth
Woodbury,
New York
| $124K | – | – | – |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $101K | – | – | – |
|
|
QCIG
28
Quad-Cities Investment Group
Davenport,
Iowa
| $82K | +$79.7K | +1,605 | New |
|
29
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $69K | – | – | – |
|
|
CWA
30
Clarus Wealth Advisors
Peoria,
Arizona
| $38K | +$39.7K | +800 | New |
|
|
ASN
31
Advisory Services Network
Atlanta,
Georgia
| $14K | – | – | – |
|
|
S
32
SignatureFD
Atlanta,
Georgia
| $13K | – | – | – |
|
|
BCA
33
Bay Colony Advisors
Concord,
Massachusetts
| $13K | +$13.1K | +263 | New |
|
|
GRP
34
Global Retirement Partners
San Rafael,
California
| $11K | – | – | – |
|
|
35
MML Investors Services
Springfield,
Massachusetts
| – | -$416K | -8,785 | Closed |
|
|
36
SG Americas Securities
New York
| – | -$257K | -5,424 | Closed |
|
37
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$95K | -2,000 | Closed |
|
|
DBT
38
Dubuque Bank & Trust
Dubuque,
Iowa
| – | -$5K | -100 | Closed |
|
|
SWP
39
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$2K | -43 | Closed |
|
FDM Hedge Fund Activity: Q2 2018 in Review
35 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q2 2018, worth a combined $43.6M — up 35% from $32.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FDM and 5 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 13 added.
The largest buyer was Morgan Stanley, adding an estimated $7.04M. The largest seller was Jane Street, cutting an estimated $760K.
- 35 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q2 2018, down from 36 in Q1 2018.
- Funds reported $43.6M of First Trust Dow Jones Select MicroCap Index Fund stock for Q2 2018, up 35% quarter-over-quarter.
- 5 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q2 2018 and 6 closed out, a net change of -1 holder.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q2 2018 was Morgan Stanley, an estimated $7.04M added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q2 2018 was Jane Street, an estimated $760K sold.
Based on aggregated 13F filings for Q2 2018.