First Trust Dow Jones Select MicroCap Index Fund
FDM
31 hedge funds and large institutions have $16.4M invested in First Trust Dow Jones Select MicroCap Index Fund in 2015 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 14 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
3% more funds holding
Funds holding: 30 → 31 (+1)
4.25% less ownership
Funds ownership: 36.25% → 32% (-4.3%)
8% less capital invested
Capital invested by funds: $17.9M → $16.4M (-$1.48M)
57% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$338K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$189K |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$48.9K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$31.9K |
| 5 |
CP
Camelot Portfolios
Maumee,
Ohio
|
+$31.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.48M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$594K |
| 3 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
-$350K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$203K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$60.4K |
FDM Hedge Fund Activity: Q4 2015 in Review
31 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q4 2015, worth a combined $16.4M — down 8.3% from $17.9M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FDM positions and 2 closed out — a net gain of 1 holder — while 6 added to existing stakes and 14 trimmed.
The largest buyer was LPL Financial, opening a new position worth an estimated $338K. The largest seller was Morgan Stanley, cutting an estimated $1.48M.
- 31 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q4 2015, up from 30 in Q3 2015.
- Funds reported $16.4M of First Trust Dow Jones Select MicroCap Index Fund stock for Q4 2015, down 8.3% quarter-over-quarter.
- 3 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q4 2015 and 2 closed out, a net change of +1 holder.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q4 2015 was LPL Financial, an estimated $338K added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q4 2015 was Morgan Stanley, an estimated $1.48M sold.
Based on aggregated 13F filings for Q4 2015.