First Trust Dow Jones Select MicroCap Index Fund
FDM
49 hedge funds and large institutions have $66M invested in First Trust Dow Jones Select MicroCap Index Fund in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 20 reducing their positions, and 5 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.37% less ownership
Funds ownership: 48.58% → 47.2% (-1.4%)
2% less funds holding
Funds holding: 50 → 49 (-1)
8% less capital invested
Capital invested by funds: $71.5M → $66M (-$5.5M)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
30% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LFG
Larson Financial Group
St Louis,
Missouri
|
+$845K |
| 2 |
LPL Financial
San Diego,
California
|
+$555K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$388K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$237K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$124K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.11M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.09M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.46M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$646K |
| 5 |
CWS
Cypress Wealth Services
Palm Desert,
California
|
-$488K |
FDM Hedge Fund Activity: Q3 2019 in Review
49 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q3 2019, worth a combined $66M — down 7.7% from $71.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FDM and 4 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 14 added.
The largest buyer was Larson Financial Group, opening a new position worth an estimated $845K. The largest seller was Morgan Stanley, cutting an estimated $2.11M.
- 49 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q3 2019, down from 50 in Q2 2019.
- Funds reported $66M of First Trust Dow Jones Select MicroCap Index Fund stock for Q3 2019, down 7.7% quarter-over-quarter.
- 4 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q3 2019 and 5 closed out, a net change of -1 holder.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q3 2019 was Larson Financial Group, an estimated $845K added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q3 2019 was Morgan Stanley, an estimated $2.11M sold.
Based on aggregated 13F filings for Q3 2019.