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First Trust Dow Jones Select MicroCap Index Fund
FDM

49 hedge funds and large institutions have $43.8M invested in First Trust Dow Jones Select MicroCap Index Fund in 2020 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 13 increasing their positions, 18 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

83% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 6

9% more funds holding

Funds holding: 45 → 49 (+4)

5.53% more ownership

Funds ownership: 38.11% → 43.63% (+5.5%)

5% more capital invested

Capital invested by funds: $41.9M → $43.8M (+$1.89M)

28% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 18

Holders
49
Holders Change
+4
Holders Change %
+8.89%
% of All Funds
0.99%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
11
Increased
13
Reduced
18
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
AFP
Ausdal Financial Partners
Iowa
+$1.85M
2
LPL Financial
LPL Financial
California
+$1.47M
3
FAIM
Financial Advocates Investment Management
Washington
+$1.25M
4
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$1.15M
5
SPC
Sigma Planning Corp
Michigan
+$454K

Top Sellers

1
LFG
Larson Financial Group
Missouri
-$1.98M
2
CCP
Cardan Capital Partners
Colorado
-$1.09M
3
CPIG
Chicago Partners Investment Group
Illinois
-$522K
4
Bank of America
Bank of America
North Carolina
-$242K
5
LNC
Lincoln National Corp
Pennsylvania
-$211K
Name Holding Trade Value Shares
Change 		Change in
Stake
FA
26
FMA Advisory
Pennsylvania
$305K -$28.3K -724 -8%
IFG
27
Independent Financial Group
California
$298K +$16.8K +430 +6%
SMC
28
Smith, Moore & Co
Missouri
$274K – – –
PSF
29
Pacific Sun Financial
California
$273K -$8.21K -210 -3%
BCA
30
Bay Colony Advisors
Massachusetts
$264K -$45K -1,150 -14%
AIP
31
Almanack Investment Partners
Pennsylvania
$255K +$232K +5,933 New
Envestnet Asset Management
32
Envestnet Asset Management
Illinois
$237K +$247K +6,326 New
RWB
33
RMR Wealth Builders
New Jersey
$218K +$227K +5,804 New
NGA
34
Naples Global Advisors
Florida
$202K – – –
LFG
35
Larson Financial Group
Missouri
$121K -$1.98M -50,610 -94%
Citigroup
36
Citigroup
New York
$98K – – –
APWA
37
Atlas Private Wealth Advisors
New Jersey
$41K – – –
NFG
38
Next Financial Group
Texas
$34K +$35.1K +898 New
PNC Financial Services Group
39
PNC Financial Services Group
Pennsylvania
$31K -$1.64K -42 -5%
Carson Wealth (CWM LLC)
40
Carson Wealth (CWM LLC)
Nebraska
$19K – – –
DAM
41
Delta Asset Management
Tennessee
$19K – – –
FFA
42
Founders Financial Alliance
North Carolina
$18K +$18.2K +466 New
EIP
43
Ellis Investment Partners
Pennsylvania
$14K +$39 +1 +0.3%
ASN
44
Advisory Services Network
Georgia
$10K +$10.4K +267 New
PWM
45
Provident Wealth Management
Tennessee
$8K +$8.41K +215 New
MAM
46
Marquette Asset Management
Minnesota
$6K -$9.81K -251 -61%
CFGS
47
Concourse Financial Group Securities
Alabama
$5K -$5.94K -152 -53%
AA
48
Ancora Advisors
Ohio
$4K – – –
PFS
49
Prospera Financial Services
Texas
$2K +$2.03K +52 New
LNC
50
Lincoln National Corp
Pennsylvania
– -$211K -5,393 Closed
1
2
3

FDM Hedge Fund Activity: Q3 2020 in Review

49 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q3 2020, worth a combined $43.8M — up 4.5% from $41.9M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new FDM positions and 6 closed out — a net gain of 5 holders — while 13 added to existing stakes and 18 trimmed.

The largest buyer was Ausdal Financial Partners, opening a new position worth an estimated $1.85M. The largest seller was Larson Financial Group, cutting an estimated $1.98M.

  • 49 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q3 2020, up from 45 in Q2 2020.
  • Funds reported $43.8M of First Trust Dow Jones Select MicroCap Index Fund stock for Q3 2020, up 4.5% quarter-over-quarter.
  • 11 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q3 2020 and 6 closed out, a net change of +5 holders.
  • The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q3 2020 was Ausdal Financial Partners, an estimated $1.85M added.
  • The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q3 2020 was Larson Financial Group, an estimated $1.98M sold.

Based on aggregated 13F filings for Q3 2020.