We are live on ! Find out more
FDM icon

First Trust Dow Jones Select MicroCap Index Fund
FDM

62 hedge funds and large institutions have $70.5M invested in First Trust Dow Jones Select MicroCap Index Fund in 2022 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 19 increasing their positions, 25 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 7

3% more funds holding

Funds holding: 60 → 62 (+2)

1% more capital invested

Capital invested by funds: $69.5M → $70.5M (+$1M)

1.45% less ownership

Funds ownership: 49.68% → 48.23% (-1.5%)

24% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 25

Holders
62
Holders Change
+2
Holders Change %
+3.33%
% of All Funds
1%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
10
Increased
19
Reduced
25
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
MAM
Marquette Asset Management
Minnesota
+$4.6M
2
Wells Fargo
Wells Fargo
California
+$1.57M
3
Bank of America
Bank of America
North Carolina
+$1.27M
4
AFG
Arkansas Financial Group
Arkansas
+$977K
5
Kayne Anderson Rudnick Investment Management
Kayne Anderson Rudnick Investment Management
California
+$777K

Top Sellers

1
AWM
AE Wealth Management
Kansas
-$9.05M
2
FAIM
Financial Advocates Investment Management
Washington
-$4.57M
3
LPL Financial
LPL Financial
California
-$998K
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$300K
5
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$217K
Name Holding Trade Value Shares
Change 		Change in
Stake
FAIM
26
Financial Advocates Investment Management
Washington
$487K -$4.57M -81,705 -90%
PSF
27
Pacific Sun Financial
California
$477K – – –
CA
28
Cetera Advisors
Colorado
$463K – – –
SMC
29
Smith, Moore & Co
Missouri
$460K +$18.2K +325 +4%
APWA
30
Atlas Private Wealth Advisors
New Jersey
$423K +$10.3K +185 +2%
HighTower Advisors
31
HighTower Advisors
Illinois
$414K +$559 +10 +0.1%
WWMSC
32
Wagner Wealth Management (South Carolina)
South Carolina
$399K -$72.3K -1,293 -15%
Truist Financial
33
Truist Financial
North Carolina
$393K -$148K -2,642 -27%
IFG
34
Independent Financial Group
California
$381K -$11.3K -202 -3%
CAPTRUST Financial Advisors
35
CAPTRUST Financial Advisors
North Carolina
$372K -$280 -5 -0.1%
SAM
36
Smithbridge Asset Management
Pennsylvania
$337K +$40K +716 +13%
Mariner
37
Mariner
Kansas
$332K +$2.01K +36 +0.6%
Cambridge Investment Research Advisors
38
Cambridge Investment Research Advisors
Iowa
$296K +$48.9K +874 +20%
Susquehanna International Group
39
Susquehanna International Group
Pennsylvania
$290K -$300K -5,366 -51%
Mercer Global Advisors
40
Mercer Global Advisors
Colorado
$281K -$82.5K -1,475 -23%
AT
41
American Trust
Kentucky
$266K +$268K +4,793 New
Royal Bank of Canada
42
Royal Bank of Canada
Ontario, Canada
$264K -$26.2K -468 -9%
KAS
43
Kestra Advisory Services
Texas
$262K +$3.86K +69 +1%
RJA
44
Raymond James & Associates
Florida
$252K +$280 +5 +0.1%
WCFA
45
Walkner Condon Financial Advisors
Wisconsin
$243K -$3.36K -60 -1%
NGA
46
Naples Global Advisors
Florida
$223K -$8.39K -150 -4%
HI
47
Harbour Investments
Wisconsin
$170K -$6.99K -125 -4%
IA
48
IFP Advisors
Florida
$114K -$10.6K -189 -8%
LFG
49
Larson Financial Group
Missouri
$85.8K -$13.8K -247 -14%
CA
50
CoreCap Advisors
Michigan
$80.8K +$81.4K +1,456 New
1
2
3

FDM Hedge Fund Activity: Q4 2022 in Review

62 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q4 2022, worth a combined $70.5M — up 1.4% from $69.5M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new FDM positions and 7 closed out — a net gain of 3 holders — while 19 added to existing stakes and 25 trimmed.

The largest buyer was Marquette Asset Management, adding an estimated $4.6M. The largest seller was AE Wealth Management, exiting entirely with an estimated $9.05M sold.

  • 62 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q4 2022, up from 60 in Q3 2022.
  • Funds reported $70.5M of First Trust Dow Jones Select MicroCap Index Fund stock for Q4 2022, up 1.4% quarter-over-quarter.
  • 10 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q4 2022 and 7 closed out, a net change of +3 holders.
  • The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q4 2022 was Marquette Asset Management, an estimated $4.6M added.
  • The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q4 2022 was AE Wealth Management, an estimated $9.05M sold.

Based on aggregated 13F filings for Q4 2022.