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First Trust Dow Jones Select MicroCap Index Fund
FDM

57 hedge funds and large institutions have $57M invested in First Trust Dow Jones Select MicroCap Index Fund in 2020 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 14 increasing their positions, 20 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 6

30% more capital invested

Capital invested by funds: $43.8M → $57M (+$13.2M)

16% more funds holding

Funds holding: 49 → 57 (+8)

1.63% more ownership

Funds ownership: 43.63% → 45.26% (+1.6%)

30% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 20

Holders
57
Holders Change
+8
Holders Change %
+16.33%
% of All Funds
1.01%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
15
Increased
14
Reduced
20
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Baird Financial Group
Baird Financial Group
Wisconsin
+$6.91M
2
Morgan Stanley
Morgan Stanley
New York
+$1.87M
3
Goldman Sachs
Goldman Sachs
New York
+$485K
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$426K
5
Stifel Financial
Stifel Financial
Missouri
+$372K

Top Sellers

1
CCP
Cardan Capital Partners
Colorado
-$4.64M
2
RJA
Raymond James & Associates
Florida
-$2.1M
3
AFP
Ausdal Financial Partners
Iowa
-$1.45M
4
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$952K
5
SPC
Sigma Planning Corp
Michigan
-$435K
Name Holding Trade Value Shares
Change 		Change in
Stake
CA
26
Cetera Advisors
Colorado
$437K – – –
FWM
27
Frontier Wealth Management
Missouri
$433K -$257K -5,919 -40%
FA
28
FMA Advisory
Pennsylvania
$412K +$19.9K +458 +6%
Stifel Financial
29
Stifel Financial
Missouri
$411K +$372K +8,575 New
IFG
30
Independent Financial Group
California
$384K +$2.08K +48 +0.6%
Envestnet Asset Management
31
Envestnet Asset Management
Illinois
$351K +$43.6K +1,004 +16%
BCA
32
Bay Colony Advisors
Massachusetts
$311K -$23.6K -544 -8%
AIP
33
Almanack Investment Partners
Pennsylvania
$284K – – –
SMC
34
Smith, Moore & Co
Missouri
$252K -$88.9K -2,047 -28%
MML Investors Services
35
MML Investors Services
Massachusetts
$239K +$216K +4,983 New
TC
36
TownSquare Capital
Utah
$223K +$202K +4,650 New
PWS
37
Precision Wealth Strategies
Missouri
$216K +$196K +4,505 New
OCM
38
One Capital Management
California
$215K +$195K +4,490 New
NGA
39
Naples Global Advisors
Florida
$209K -$44.5K -1,025 -19%
NFG
40
Next Financial Group
Texas
$199K +$141K +3,257 +363%
Citigroup
41
Citigroup
New York
$125K – – –
LFG
42
Larson Financial Group
Missouri
$124K -$27.2K -626 -19%
APWA
43
Atlas Private Wealth Advisors
New Jersey
$53K – – –
IAIM
44
International Assets Investment Management
Florida
$52K +$47.3K +1,089 New
PNC Financial Services Group
45
PNC Financial Services Group
Pennsylvania
$39K – – –
DAM
46
Delta Asset Management
Tennessee
$24K – – –
CIA
47
Cascade Investment Advisors
Oregon
$21.2K +$4.34K +100 New
Carson Wealth (CWM LLC)
48
Carson Wealth (CWM LLC)
Nebraska
$19K – – –
EIP
49
Ellis Investment Partners
Pennsylvania
$19K +$130 +3 +0.8%
AWA
50
Arkadios Wealth Advisors
Georgia
$17K +$16.1K +371 New
1
2
3

FDM Hedge Fund Activity: Q4 2020 in Review

57 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q4 2020, worth a combined $57M — up 30% from $43.8M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new FDM positions and 6 closed out — a net gain of 9 holders — while 14 added to existing stakes and 20 trimmed.

The largest buyer was Baird Financial Group, opening a new position worth an estimated $6.91M. The largest seller was Cardan Capital Partners, cutting an estimated $4.64M.

  • 57 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q4 2020, up from 49 in Q3 2020.
  • Funds reported $57M of First Trust Dow Jones Select MicroCap Index Fund stock for Q4 2020, up 30% quarter-over-quarter.
  • 15 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q4 2020 and 6 closed out, a net change of +9 holders.
  • The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q4 2020 was Baird Financial Group, an estimated $6.91M added.
  • The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q4 2020 was Cardan Capital Partners, an estimated $4.64M sold.

Based on aggregated 13F filings for Q4 2020.