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First Trust Dow Jones Select MicroCap Index Fund
FDM

62 hedge funds and large institutions have $104M invested in First Trust Dow Jones Select MicroCap Index Fund in 2024 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 24 increasing their positions, 21 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 21

13.4% more ownership

Funds ownership: 60.32% → 73.72% (+13%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

4% less capital invested

Capital invested by funds: $108M → $104M (-$3.95M)

2% less funds holding

Funds holding: 63 → 62 (-1)

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

Holders
62
Holders Change
-1
Holders Change %
-1.59%
% of All Funds
0.9%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
6
Increased
24
Reduced
21
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
SFC
Strategic Financial Concepts
Texas
+$23.3M
2
AFG
Arkansas Financial Group
Arkansas
+$1.93M
3
AF
Allworth Financial
California
+$1.02M
4
HWM
HB Wealth Management
Georgia
+$609K
5
LPL Financial
LPL Financial
California
+$526K

Top Sellers

1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$2.12M
2
Citadel Advisors
Citadel Advisors
Florida
-$1.36M
3
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$850K
4
WDC
Woodward Diversified Capital
California
-$670K
5
HIC
Hartline Investment Corp
Illinois
-$631K
Name Holding Trade Value Shares
Change 		Change in
Stake
RIL
51
Rothschild Investment LLC
Illinois
$33K – – –
PNC Financial Services Group
52
PNC Financial Services Group
Pennsylvania
$28.9K -$11.1K -182 -27%
IGWM
53
ICA Group Wealth Management
Colorado
$26.8K +$244 +4 +0.9%
SPIA
54
Steward Partners Investment Advisory
New York
$16.8K +$1.34K +22 +8%
GWM
55
Geneos Wealth Management
Colorado
$12K – – –
NA
56
NewEdge Advisors
Louisiana
$11.3K – – –
GRP
57
Global Retirement Partners
California
$10.3K – – –
Fidelity Investments
58
Fidelity Investments
Massachusetts
$8.59K – – –
AA
59
Ancora Advisors
Ohio
$6.47K – – –
SFC
60
Strategic Financial Concepts
Texas
$5.86K +$23.3M +382,227 +7,220%
HGERS
61
Householder Group Estate & Retirement Specialist
Arizona
$5K -$1.22K -20 -19%
KFI
62
Key Financial Inc
Pennsylvania
$3.78K – – –
Susquehanna International Group
63
Susquehanna International Group
Pennsylvania
– -$2.12M -33,765 Closed
Citadel Advisors
64
Citadel Advisors
Florida
– -$1.36M -21,642 Closed
HIC
65
Hartline Investment Corp
Illinois
– -$631K -10,050 Closed
NGA
66
Naples Global Advisors
Florida
– -$229K -3,650 Closed
WDC
67
Woodward Diversified Capital
California
– -$670K -3,266 Closed
JP Morgan Chase
68
JP Morgan Chase
New York
– -$1.51K -24 Closed
PS
69
Principal Securities
Iowa
– -$816 -13 Closed
1 2
3

FDM Hedge Fund Activity: Q2 2024 in Review

62 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q2 2024, worth a combined $104M — down 3.7% from $108M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of FDM and 6 opened new positions — a net loss of 1 holder — while 21 trimmed existing stakes and 24 added.

The largest buyer was Strategic Financial Concepts, adding an estimated $23.3M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $2.12M sold.

  • 62 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q2 2024, down from 63 in Q1 2024.
  • Funds reported $104M of First Trust Dow Jones Select MicroCap Index Fund stock for Q2 2024, down 3.7% quarter-over-quarter.
  • 6 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q2 2024 and 7 closed out, a net change of -1 holder.
  • The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q2 2024 was Strategic Financial Concepts, an estimated $23.3M added.
  • The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q2 2024 was Susquehanna International Group, an estimated $2.12M sold.

Based on aggregated 13F filings for Q2 2024.