First Trust Dow Jones Select MicroCap Index Fund
FDM
49 hedge funds and large institutions have $43.8M invested in First Trust Dow Jones Select MicroCap Index Fund in 2020 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 13 increasing their positions, 18 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
9% more funds holding
Funds holding: 45 → 49 (+4)
5.53% more ownership
Funds ownership: 38.11% → 43.63% (+5.5%)
5% more capital invested
Capital invested by funds: $41.9M → $43.8M (+$1.89M)
28% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 18
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAG
51
Private Advisor Group
Morristown,
New Jersey
| – | -$34K | -869 | Closed |
|
52
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$20K | -500 | Closed |
|
|
VFA
53
Valeo Financial Advisors
Carmel,
Indiana
| – | -$8K | -206 | Closed |
|
|
SF
54
Synovus Financial
Columbus,
Georgia
| – | -$2K | -50 | Closed |
|
|
OPS
55
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$1K | -34 | Closed |
|
FDM Hedge Fund Activity: Q3 2020 in Review
49 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q3 2020, worth a combined $43.8M — up 4.5% from $41.9M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FDM positions and 6 closed out — a net gain of 5 holders — while 13 added to existing stakes and 18 trimmed.
The largest buyer was Ausdal Financial Partners, opening a new position worth an estimated $1.85M. The largest seller was Larson Financial Group, cutting an estimated $1.98M.
- 49 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q3 2020, up from 45 in Q2 2020.
- Funds reported $43.8M of First Trust Dow Jones Select MicroCap Index Fund stock for Q3 2020, up 4.5% quarter-over-quarter.
- 11 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q3 2020 and 6 closed out, a net change of +5 holders.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q3 2020 was Ausdal Financial Partners, an estimated $1.85M added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q3 2020 was Larson Financial Group, an estimated $1.98M sold.
Based on aggregated 13F filings for Q3 2020.