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First Trust Dow Jones Select MicroCap Index Fund
FDM

57 hedge funds and large institutions have $57M invested in First Trust Dow Jones Select MicroCap Index Fund in 2020 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 14 increasing their positions, 20 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 6

30% more capital invested

Capital invested by funds: $43.8M → $57M (+$13.2M)

16% more funds holding

Funds holding: 49 → 57 (+8)

1.63% more ownership

Funds ownership: 43.63% → 45.26% (+1.6%)

30% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 20

Holders
57
Holders Change
+8
Holders Change %
+16.33%
% of All Funds
1.01%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
15
Increased
14
Reduced
20
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Baird Financial Group
Baird Financial Group
Wisconsin
+$6.91M
2
Morgan Stanley
Morgan Stanley
New York
+$1.87M
3
Goldman Sachs
Goldman Sachs
New York
+$485K
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$426K
5
Stifel Financial
Stifel Financial
Missouri
+$372K

Top Sellers

1
CCP
Cardan Capital Partners
Colorado
-$4.64M
2
RJA
Raymond James & Associates
Florida
-$2.1M
3
AFP
Ausdal Financial Partners
Iowa
-$1.45M
4
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$952K
5
SPC
Sigma Planning Corp
Michigan
-$435K
Name Holding Trade Value Shares
Change 		Change in
Stake
CAAS
51
Capital Asset Advisory Services
Michigan
$11K +$10.4K +240 New
CFGS
52
Concourse Financial Group Securities
Alabama
$6K -$347 -8 -6%
AA
53
Ancora Advisors
Ohio
$5K – – –
ASN
54
Advisory Services Network
Georgia
$4K -$8.12K -187 -70%
WEC
55
Winslow Evans & Crocker
Massachusetts
$4K +$3.47K +80 New
KFI
56
Key Financial Inc
Pennsylvania
$3K +$2.73K +63 New
DAC
57
Dividend Assets Capital
South Carolina
$1K +$912 +21 New
RJA
58
Raymond James & Associates
Florida
– -$2.1M -56,107 Closed
SPC
59
Sigma Planning Corp
Michigan
– -$435K -11,616 Closed
RWB
60
RMR Wealth Builders
New Jersey
– -$218K -5,804 Closed
FFA
61
Founders Financial Alliance
North Carolina
– -$18K -466 Closed
PWM
62
Provident Wealth Management
Tennessee
– -$8K -215 Closed
MAM
63
Marquette Asset Management
Minnesota
– -$6.6K -152 -96%
PFS
64
Prospera Financial Services
Texas
– -$2K -52 Closed
1 2
3

FDM Hedge Fund Activity: Q4 2020 in Review

57 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q4 2020, worth a combined $57M — up 30% from $43.8M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new FDM positions and 6 closed out — a net gain of 9 holders — while 14 added to existing stakes and 20 trimmed.

The largest buyer was Baird Financial Group, opening a new position worth an estimated $6.91M. The largest seller was Cardan Capital Partners, cutting an estimated $4.64M.

  • 57 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q4 2020, up from 49 in Q3 2020.
  • Funds reported $57M of First Trust Dow Jones Select MicroCap Index Fund stock for Q4 2020, up 30% quarter-over-quarter.
  • 15 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q4 2020 and 6 closed out, a net change of +9 holders.
  • The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q4 2020 was Baird Financial Group, an estimated $6.91M added.
  • The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q4 2020 was Cardan Capital Partners, an estimated $4.64M sold.

Based on aggregated 13F filings for Q4 2020.