First Trust Dow Jones Select MicroCap Index Fund
FDM
60 hedge funds and large institutions have $90.5M invested in First Trust Dow Jones Select MicroCap Index Fund in 2021 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 20 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
6% more capital invested
Capital invested by funds: $85.1M → $90.5M (+$5.4M)
5% more funds holding
Funds holding: 57 → 60 (+3)
2.72% more ownership
Funds ownership: 50.47% → 53.19% (+2.7%)
5% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
+$5.19M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.56M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.32M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$850K |
| 5 |
GRP
Global Retirement Partners
San Rafael,
California
|
+$772K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.78M |
| 2 |
WEPOG
Wealth Enhancement & Preservation of GA
Alpharetta,
Georgia
|
-$2.31M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.16M |
| 4 |
Goldman Sachs
New York
|
-$672K |
| 5 |
FA
FMA Advisory
Harrisburg,
Pennsylvania
|
-$537K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWA
51
Arkadios Wealth Advisors
Atlanta,
Georgia
| $23K | – | – | – |
|
|
DAM
52
Delta Asset Management
Memphis,
Tennessee
| $19K | -$6.07K | -100 | -25% |
|
53
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $19K | – | – | – |
|
|
SB
54
Strategic Blueprint
Atlanta,
Georgia
| $14K | +$13.5K | +222 | New |
|
|
AA
55
Ancora Advisors
Cleveland,
Ohio
| $7K | – | – | – |
|
|
CFGS
56
Concourse Financial Group Securities
Birmingham,
Alabama
| $7K | – | – | – |
|
|
ASN
57
Advisory Services Network
Atlanta,
Georgia
| $5K | +$4.86K | +80 | New |
|
|
KFI
58
Key Financial Inc
West Chester,
Pennsylvania
| $4K | – | – | – |
|
|
DAC
59
Dividend Assets Capital
Ridgeland,
South Carolina
| $1K | +$607 | +10 | New |
|
|
WEPOG
60
Wealth Enhancement & Preservation of GA
Alpharetta,
Georgia
| – | -$2.31M | -38,734 | Closed |
|
|
61
Goldman Sachs
New York
| – | -$672K | -11,168 | Closed |
|
|
FA
62
FMA Advisory
Harrisburg,
Pennsylvania
| – | -$537K | -8,935 | Closed |
|
63
MML Investors Services
Springfield,
Massachusetts
| – | -$222K | -3,691 | Closed |
|
FDM Hedge Fund Activity: Q2 2021 in Review
60 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q2 2021, worth a combined $90.5M — up 6.3% from $85.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FDM positions and 4 closed out — a net gain of 3 holders — while 21 added to existing stakes and 20 trimmed.
The largest buyer was Cardan Capital Partners, adding an estimated $5.19M. The largest seller was Morgan Stanley, cutting an estimated $2.78M.
- 60 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q2 2021, up from 57 in Q1 2021.
- Funds reported $90.5M of First Trust Dow Jones Select MicroCap Index Fund stock for Q2 2021, up 6.3% quarter-over-quarter.
- 7 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q2 2021 and 4 closed out, a net change of +3 holders.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q2 2021 was Cardan Capital Partners, an estimated $5.19M added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q2 2021 was Morgan Stanley, an estimated $2.78M sold.
Based on aggregated 13F filings for Q2 2021.