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First Trust Dow Jones Select MicroCap Index Fund
FDM

57 hedge funds and large institutions have $85.1M invested in First Trust Dow Jones Select MicroCap Index Fund in 2021 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 23 increasing their positions, 15 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

53% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 15

49% more capital invested

Capital invested by funds: $57M → $85.1M (+$28.1M)

17% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 6

5.22% more ownership

Funds ownership: 45.26% → 50.47% (+5.2%)

0% more funds holding

Funds holding: 57 → 57 (0)

Holders
57
Holders Change
–
Holders Change %
0%
% of All Funds
1%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
7
Increased
23
Reduced
15
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$3.2M
2
LPL Financial
LPL Financial
California
+$2.49M
3
Wells Fargo
Wells Fargo
California
+$2.23M
4
WEPOG
Wealth Enhancement & Preservation of GA
Georgia
+$2.18M
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$1.09M

Top Sellers

1
Citadel Advisors
Citadel Advisors
Florida
-$754K
2
EWM
Empirical Wealth Management
Washington
-$296K
3
PWS
Precision Wealth Strategies
Missouri
-$216K
4
Bank of America
Bank of America
North Carolina
-$209K
5
Morgan Stanley
Morgan Stanley
New York
-$159K
Name Holding Trade Value Shares
Change 		Change in
Stake
Goldman Sachs
26
Goldman Sachs
New York
$672K – – –
NFG
27
Next Financial Group
Texas
$640K +$364K +6,476 +156%
CA
28
Cetera Advisors
Colorado
$553K +$3.93K +70 +0.8%
FA
29
FMA Advisory
Pennsylvania
$537K +$18.7K +333 +4%
CS
30
Comerica Securities
Michigan
$515K +$481K +8,564 New
TAIM
31
TD Ameritrade Investment Management
Nebraska
$497K – – –
FWM
32
Frontier Wealth Management
Missouri
$480K -$59.1K -1,053 -12%
IFG
33
Independent Financial Group
California
$470K -$11.3K -201 -3%
SMC
34
Smith, Moore & Co
Missouri
$430K +$106K +1,889 +36%
BCA
35
Bay Colony Advisors
Massachusetts
$390K – – –
WWMSC
36
Wagner Wealth Management (South Carolina)
South Carolina
$345K +$322K +5,736 New
Citigroup
37
Citigroup
New York
$321K +$154K +2,734 +105%
TC
38
TownSquare Capital
Utah
$280K – – –
Cambridge Investment Research Advisors
39
Cambridge Investment Research Advisors
Iowa
$278K +$260K +4,627 New
HI
40
Harbour Investments
Wisconsin
$270K +$253K +4,496 New
OCM
41
One Capital Management
California
$269K – – –
NGA
42
Naples Global Advisors
Florida
$256K -$5.62K -100 -2%
AIP
43
Almanack Investment Partners
Pennsylvania
$226K -$122K -2,178 -37%
MML Investors Services
44
MML Investors Services
Massachusetts
$222K -$72.6K -1,292 -26%
KAS
45
Kestra Advisory Services
Texas
$221K +$207K +3,677 New
Rockefeller Capital Management
46
Rockefeller Capital Management
New York
$135K +$127K +2,253 New
LFG
47
Larson Financial Group
Missouri
$120K -$33.6K -598 -23%
APWA
48
Atlas Private Wealth Advisors
New Jersey
$66K – – –
IAIM
49
International Assets Investment Management
Florida
$52K – – –
PNC Financial Services Group
50
PNC Financial Services Group
Pennsylvania
$49K – – –
1
2
3

FDM Hedge Fund Activity: Q1 2021 in Review

57 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q1 2021, worth a combined $85.1M — up 49% from $57M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new FDM positions and 6 closed out — a net gain of 1 holder — while 23 added to existing stakes and 15 trimmed.

The largest buyer was Envestnet Asset Management, adding an estimated $3.2M. The largest seller was Citadel Advisors, exiting entirely with an estimated $754K sold.

  • 57 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q1 2021, unchanged from Q4 2020.
  • Funds reported $85.1M of First Trust Dow Jones Select MicroCap Index Fund stock for Q1 2021, up 49% quarter-over-quarter.
  • 7 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q1 2021 and 6 closed out, a net change of +1 holder.
  • The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q1 2021 was Envestnet Asset Management, an estimated $3.2M added.
  • The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q1 2021 was Citadel Advisors, an estimated $754K sold.

Based on aggregated 13F filings for Q1 2021.