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First Trust Dow Jones Select MicroCap Index Fund
FDM

58 hedge funds and large institutions have $63.5M invested in First Trust Dow Jones Select MicroCap Index Fund in 2022 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 26 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.16% less ownership

Funds ownership: 46.25% → 45.09% (-1.2%)

8% less funds holding

Funds holding: 63 → 58 (-5)

17% less capital invested

Capital invested by funds: $76.1M → $63.5M (-$12.6M)

35% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 26

45% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 11

Holders
58
Holders Change
-5
Holders Change %
-7.94%
% of All Funds
0.98%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
6
Increased
17
Reduced
26
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
FAIM
Financial Advocates Investment Management
Washington
+$1.55M
2
Baird Financial Group
Baird Financial Group
Wisconsin
+$876K
3
TRCT
Tower Research Capital (TRC)
New York
+$433K
4
EWM
Empirical Wealth Management
Washington
+$406K
5
AWS
Atria Wealth Solutions
New York
+$227K

Top Sellers

1
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$2.48M
2
Citadel Advisors
Citadel Advisors
Florida
-$953K
3
WP
WealthSource Partners
California
-$733K
4
UBS Group
UBS Group
Switzerland
-$524K
5
Stifel Financial
Stifel Financial
Missouri
-$429K
Name Holding Trade Value Shares
Change 		Change in
Stake
Carson Wealth (CWM LLC)
51
Carson Wealth (CWM LLC)
Nebraska
$16K -$8.46K -151 -33%
MAM
52
Meeder Asset Management
Ohio
$16K – – –
AA
53
Ancora Advisors
Ohio
$6K – – –
KFI
54
Key Financial Inc
Pennsylvania
$3K – – –
SPIA
55
Steward Partners Investment Advisory
New York
$3K – – –
VVP
56
Venture Visionary Partners
Ohio
$2.3K +$2.46K +44 New
JP Morgan Chase
57
JP Morgan Chase
New York
$1K – – –
Citadel Advisors
58
Citadel Advisors
Florida
– -$953K -15,822 Closed
MML Investors Services
59
MML Investors Services
Massachusetts
– -$424K -7,039 Closed
SAM
60
Secure Asset Management
Michigan
– -$253K -4,193 Closed
CS
61
Comerica Securities
Michigan
– -$247K -4,094 Closed
KAS
62
Kestra Advisory Services
Texas
– -$242K -4,011 Closed
TC
63
TownSquare Capital
Utah
– -$241K -4,000 Closed
AIP
64
Almanack Investment Partners
Pennsylvania
– -$226K -3,755 Closed
MFGM
65
Marshall Financial Group (Maryland)
Maryland
– -$225K -3,736 Closed
Rockefeller Capital Management
66
Rockefeller Capital Management
New York
– -$15K -253 Closed
PFS
67
Prospera Financial Services
Texas
– -$9K -150 Closed
Fidelity Investments
68
Fidelity Investments
Massachusetts
– -$1.06K -19 -95%
1 2
3

FDM Hedge Fund Activity: Q2 2022 in Review

58 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q2 2022, worth a combined $63.5M — down 17% from $76.1M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of FDM and 6 opened new positions — a net loss of 5 holders — while 26 trimmed existing stakes and 17 added.

The largest buyer was Financial Advocates Investment Management, adding an estimated $1.55M. The largest seller was Royal Bank of Canada, cutting an estimated $2.48M.

  • 58 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q2 2022, down from 63 in Q1 2022.
  • Funds reported $63.5M of First Trust Dow Jones Select MicroCap Index Fund stock for Q2 2022, down 17% quarter-over-quarter.
  • 6 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q2 2022 and 11 closed out, a net change of -5 holders.
  • The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q2 2022 was Financial Advocates Investment Management, an estimated $1.55M added.
  • The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q2 2022 was Royal Bank of Canada, an estimated $2.48M sold.

Based on aggregated 13F filings for Q2 2022.