First Trust Dow Jones Select MicroCap Index Fund
FDM
29 hedge funds and large institutions have $19.9M invested in First Trust Dow Jones Select MicroCap Index Fund in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 5 closing their positions.
6% less funds holding
Funds holding: 31 → 29 (-2)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
86% less capital inflows, than outflows
Capital inflows: $3.84M | Capital outflows: $27M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$2.06M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$912K |
| 3 |
Timber Hill
Greenwich,
Connecticut
|
+$405K |
| 4 |
UBS
Zurich,
Switzerland
|
+$129K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$97.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RiverFront Investment Group
Richmond,
Virginia
|
-$20.8M |
| 2 |
Raymond James & Associates
St Petersburg,
Florida
|
-$3.45M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.26M |
| 4 |
BB&T Securities
Richmond,
Virginia
|
-$746K |
| 5 |
Placemark Investments
Chicago,
Illinois
|
-$516K |
FDM Hedge Fund Activity: Q2 2014 in Review
29 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q2 2014, worth a combined $19.9M — down 55% from $44M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FDM and 3 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 8 added.
The largest buyer was SG Americas Securities, opening a new position worth an estimated $2.06M. The largest seller was RiverFront Investment Group, cutting an estimated $20.8M.
- 29 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q2 2014, down from 31 in Q1 2014.
- Funds reported $19.9M of First Trust Dow Jones Select MicroCap Index Fund stock for Q2 2014, down 55% quarter-over-quarter.
- 3 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q2 2014 and 5 closed out, a net change of -2 holders.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q2 2014 was SG Americas Securities, an estimated $2.06M added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q2 2014 was RiverFront Investment Group, an estimated $20.8M sold.
Based on aggregated 13F filings for Q2 2014.