First Trust Dow Jones Select MicroCap Index Fund
FDM
84 hedge funds and large institutions have $132M invested in First Trust Dow Jones Select MicroCap Index Fund in 2025 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 27 increasing their positions, 23 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
17% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 23
12% more funds holding
Funds holding: 75 → 84 (+9)
10% more capital invested
Capital invested by funds: $120M → $132M (+$12.3M)
1.42% more ownership
Funds ownership: 59.48% → 60.9% (+1.4%)
Top Buyers
Top Sellers
| 1 |
HF
HRT Financial
New York
|
-$1.06M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$662K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$615K |
| 4 |
Two Sigma Investments
New York
|
-$569K |
| 5 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$274K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FFA
76
Farther Finance Advisors
San Francisco,
California
| $9.39K | – | – | – |
|
77
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $8.92K | -$15.4K | -200 | -64% |
|
|
AA
78
Ancora Advisors
Cleveland,
Ohio
| $8.6K | – | – | – |
|
|
SIC
79
SJS Investment Consulting
Sylvania,
Ohio
| $7.96K | – | – | – |
|
|
CAL
80
Capital Analysts LLC
Fort Washington,
Pennsylvania
| $7K | – | – | – |
|
81
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $6.56K | – | – | – |
|
|
GJIA
82
Glass Jacobson Investment Advisors
Owings Mills,
Maryland
| $4.67K | +$77 | +1 | +2% |
|
|
SS
83
SBI Securities
Tokyo,
Japan
| $2.71K | – | – | – |
|
|
KFI
84
Key Financial Inc
West Chester,
Pennsylvania
| $2.07K | -$2.84K | -37 | -59% |
|
|
HF
85
HRT Financial
New York
| – | -$1.06M | -14,058 | Closed |
|
86
JP Morgan Chase
New York
| – | -$18.9K | -250 | Closed |
|
87
Citigroup
New York
| – | -$76 | -1 | Closed |
|
FDM Hedge Fund Activity: Q4 2025 in Review
84 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q4 2025, worth a combined $132M — up 10% from $120M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FDM positions and 3 closed out — a net gain of 9 holders — while 27 added to existing stakes and 23 trimmed.
The largest buyer was Raymond James Financial, adding an estimated $1.4M. The largest seller was HRT Financial, exiting entirely with an estimated $1.06M sold.
- 84 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q4 2025, up from 75 in Q3 2025.
- Funds reported $132M of First Trust Dow Jones Select MicroCap Index Fund stock for Q4 2025, up 10% quarter-over-quarter.
- 12 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q4 2025 and 3 closed out, a net change of +9 holders.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q4 2025 was Raymond James Financial, an estimated $1.4M added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q4 2025 was HRT Financial, an estimated $1.06M sold.
Based on aggregated 13F filings for Q4 2025.