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First Trust Dow Jones Select MicroCap Index Fund
FDM

64 hedge funds and large institutions have $113M invested in First Trust Dow Jones Select MicroCap Index Fund in 2024 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 24 increasing their positions, 22 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 2

9% more capital invested

Capital invested by funds: $104M → $113M (+$9.01M)

3% more funds holding

Funds holding: 62 → 64 (+2)

9% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 22

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

9.79% less ownership

Funds ownership: 73.72% → 63.93% (-9.8%)

Holders
64
Holders Change
+2
Holders Change %
+3.23%
% of All Funds
0.92%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
5
Increased
24
Reduced
22
Closed
2
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
IAIM
International Assets Investment Management
Florida
+$5.7M
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$1.76M
3
AFG
Arkansas Financial Group
Arkansas
+$1.3M
4
BBHC
Brown Brothers Harriman & Co
New York
+$295K
5
Jones Financial Companies
Jones Financial Companies
Missouri
+$267K

Top Sellers

1
SFC
Strategic Financial Concepts
Texas
-$23.9M
2
GLLW
Graves Light Lenhart Wealth
Virginia
-$360K
3
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
-$356K
4
CP
Camelot Portfolios
Ohio
-$235K
5
NFW
Noble Family Wealth
Florida
-$132K
Name Holding Trade Value Shares
Change 		Change in
Stake
Mercer Global Advisors
26
Mercer Global Advisors
Colorado
$583K -$9.34K -149 -2%
RJFSA
27
Raymond James Financial Services Advisors
Florida
$562K +$6.77K +108 +1%
PSF
28
Pacific Sun Financial
California
$526K -$21.9K -350 -4%
SMC
29
Smith, Moore & Co
Missouri
$496K +$4.7K +75 +1%
Osaic Holdings
30
Osaic Holdings
Arizona
$431K +$2.13K +34 +0.5%
HighTower Advisors
31
HighTower Advisors
Illinois
$403K +$940 +15 +0.2%
CAPTRUST Financial Advisors
32
CAPTRUST Financial Advisors
North Carolina
$397K -$4.2K -67 -1%
WWMSC
33
Wagner Wealth Management (South Carolina)
South Carolina
$396K +$2.51K +40 +0.7%
SFC
34
Strategic Financial Concepts
Texas
$370K -$23.9M -381,742 -99%
IFG
35
Independent Financial Group
California
$363K -$19.1K -304 -5%
FTS
36
Fifth Third Securities
Ohio
$357K – – –
Jones Financial Companies
37
Jones Financial Companies
Missouri
$341K +$267K +4,265 +394%
Envestnet Asset Management
38
Envestnet Asset Management
Illinois
$333K -$122K -1,950 -27%
RJA
39
Raymond James & Associates
Florida
$319K +$9.9K +158 +3%
BBHC
40
Brown Brothers Harriman & Co
New York
$301K +$295K +4,700 New
GAM
41
Gemmer Asset Management
California
$301K -$34.7K -553 -11%
Royal Bank of Canada
42
Royal Bank of Canada
Ontario, Canada
$298K -$18.3K -292 -6%
KAS
43
Kestra Advisory Services
Texas
$226K -$9.4K -150 -4%
Two Sigma Investments
44
Two Sigma Investments
New York
$224K +$219K +3,500 New
AP
45
Aspect Partners
Virginia
$160K – – –
CA
46
CoreCap Advisors
Michigan
$119K +$313 +5 +0.3%
SL
47
Salomon & Ludwin
Virginia
$83.5K – – –
FFA
48
Farther Finance Advisors
California
$64.4K – – –
LFG
49
Larson Financial Group
Missouri
$61.1K -$26.6K -424 -31%
HI
50
Harbour Investments
Wisconsin
$60.6K -$12.4K -198 -17%
1
2
3

FDM Hedge Fund Activity: Q3 2024 in Review

64 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q3 2024, worth a combined $113M — up 8.6% from $104M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new FDM positions and 2 closed out — a net gain of 3 holders — while 24 added to existing stakes and 22 trimmed.

The largest buyer was International Assets Investment Management, adding an estimated $5.7M. The largest seller was Strategic Financial Concepts, cutting an estimated $23.9M.

  • 64 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q3 2024, up from 62 in Q2 2024.
  • Funds reported $113M of First Trust Dow Jones Select MicroCap Index Fund stock for Q3 2024, up 8.6% quarter-over-quarter.
  • 5 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q3 2024 and 2 closed out, a net change of +3 holders.
  • The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q3 2024 was International Assets Investment Management, an estimated $5.7M added.
  • The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q3 2024 was Strategic Financial Concepts, an estimated $23.9M sold.

Based on aggregated 13F filings for Q3 2024.