First Trust Dow Jones Select MicroCap Index Fund
FDM
60 hedge funds and large institutions have $65M invested in First Trust Dow Jones Select MicroCap Index Fund in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 27 reducing their positions, and 5 closing their positions.
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
3% less funds holding
Funds holding: 62 → 60 (-2)
4.33% less ownership
Funds ownership: 48.23% → 43.9% (-4.3%)
8% less capital invested
Capital invested by funds: $70.5M → $65M (-$5.56M)
33% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 27
Top Buyers
Top Sellers
FDM Hedge Fund Activity: Q1 2023 in Review
60 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q1 2023, worth a combined $65M — down 7.9% from $70.5M a quarter earlier.
Fund positioning in FDM was balanced in Q1 2023: 5 funds opened new positions, 5 closed out, 18 added to existing stakes and 27 trimmed.
The largest buyer was Chicago Partners Investment Group, adding an estimated $586K. The largest seller was Bank of America, cutting an estimated $1.1M.
- 60 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q1 2023, down from 62 in Q4 2022.
- Funds reported $65M of First Trust Dow Jones Select MicroCap Index Fund stock for Q1 2023, down 7.9% quarter-over-quarter.
- 5 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q1 2023 and 5 closed out, a net change of 0 holders.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q1 2023 was Chicago Partners Investment Group, an estimated $586K added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q1 2023 was Bank of America, an estimated $1.1M sold.
Based on aggregated 13F filings for Q1 2023.