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First Trust Dow Jones Select MicroCap Index Fund
FDM

85 hedge funds and large institutions have $140M invested in First Trust Dow Jones Select MicroCap Index Fund in 2026 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 25 increasing their positions, 29 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 6

7% more capital invested

Capital invested by funds: $132M → $140M (+$8.67M)

1% more funds holding

Funds holding: 84 → 85 (+1)

0.45% more ownership

Funds ownership: 60.9% → 61.35% (+0.45%)

14% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 29

Holders
85
Holders Change
+1
Holders Change %
+1.19%
% of All Funds
1.05%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
9
Increased
25
Reduced
29
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
LPL Financial
LPL Financial
California
+$3.78M
2
Citadel Advisors
Citadel Advisors
Florida
+$1.01M
3
SWM
SHP Wealth Management
Massachusetts
+$514K
4
GIA
Gladstone Institutional Advisory
Florida
+$432K
5
AWA
Arkadios Wealth Advisors
Georgia
+$428K

Top Sellers

1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$1.54M
2
AFG
Arkansas Financial Group
Arkansas
-$734K
3
Bank of America
Bank of America
North Carolina
-$349K
4
Stifel Financial
Stifel Financial
Missouri
-$324K
5
E
Entelevest
Florida
-$274K
Name Holding Trade Value Shares
Change 		Change in
Stake
AIC
51
Allodium Investment Consultants
Minnesota
$279K – – –
Commonwealth Equity Services
52
Commonwealth Equity Services
Massachusetts
$262K -$7.09K -85 -3%
AQR Capital Management
53
AQR Capital Management
Connecticut
$259K +$263K +3,150 New
IFG
54
Independent Financial Group
California
$252K -$10.8K -130 -4%
WMWM
55
Whitaker-Myers Wealth Managers
Ohio
$245K +$14.4K +173 +6%
QCM
56
Quantinno Capital Management
New York
$241K – – –
CA
57
CoreCap Advisors
Michigan
$207K +$501 +6 +0.2%
SAM
58
Smithbridge Asset Management
Pennsylvania
$205K -$149K -1,783 -42%
AP
59
Aspect Partners
Virginia
$204K – – –
OSAM
60
O'Shaughnessy Asset Management
Connecticut
$199K +$202K +2,426 New
BBHC
61
Brown Brothers Harriman & Co
New York
$193K – – –
NA
62
NewEdge Advisors
Louisiana
$124K -$501 -6 -0.4%
SL
63
Salomon & Ludwin
Virginia
$108K – – –
HI
64
Harbour Investments
Wisconsin
$63.1K – – –
CFD
65
Creative Financial Designs
Indiana
$57.9K +$6.34K +76 +12%
Fidelity Investments
66
Fidelity Investments
Massachusetts
$56K +$9.6K +115 +20%
RIL
67
Rothschild Investment LLC
Illinois
$45.1K – – –
MNA
68
Manning & Napier Advisors
New York
$41K – – –
GWM
69
Geneos Wealth Management
Colorado
$32.8K – – –
MWM
70
Mosley Wealth Management
California
$30.3K +$33.4K +400 New
Fifth Third Bancorp
71
Fifth Third Bancorp
Ohio
$28.9K +$29.4K +352 New
SPIA
72
Steward Partners Investment Advisory
New York
$21.4K – – –
GSWM
73
Golden State Wealth Management
California
$20.9K – – –
JP Morgan Chase
74
JP Morgan Chase
New York
$17.8K +$18.4K +220 New
AF
75
Advisornet Financial
Minnesota
$14.3K – – –
1 2
3
4

FDM Hedge Fund Activity: Q1 2026 in Review

85 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q1 2026, worth a combined $140M — up 6.6% from $132M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new FDM positions and 6 closed out — a net gain of 3 holders — while 25 added to existing stakes and 29 trimmed.

The largest buyer was LPL Financial, adding an estimated $3.78M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.54M sold.

  • 85 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q1 2026, up from 84 in Q4 2025.
  • Funds reported $140M of First Trust Dow Jones Select MicroCap Index Fund stock for Q1 2026, up 6.6% quarter-over-quarter.
  • 9 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q1 2026 and 6 closed out, a net change of +3 holders.
  • The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q1 2026 was LPL Financial, an estimated $3.78M added.
  • The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q1 2026 was Susquehanna International Group, an estimated $1.54M sold.

Based on aggregated 13F filings for Q1 2026.