First Trust Dow Jones Select MicroCap Index Fund
FDM
38 hedge funds and large institutions have $55.9M invested in First Trust Dow Jones Select MicroCap Index Fund in 2018 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 6 reducing their positions, and 3 closing their positions.
183% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 6
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
28% more capital invested
Capital invested by funds: $43.6M → $55.9M (+$12.3M)
9% more funds holding
Funds holding: 35 → 38 (+3)
3.7% more ownership
Funds ownership: 34.81% → 38.5% (+3.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$7.29M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.22M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$796K |
| 4 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
+$504K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$496K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$551K |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$144K |
| 3 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$73.5K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$39K |
| 5 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
-$16K |
FDM Hedge Fund Activity: Q3 2018 in Review
38 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q3 2018, worth a combined $55.9M — up 28% from $43.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FDM positions and 3 closed out — a net gain of 3 holders — while 17 added to existing stakes and 6 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $7.29M. The largest seller was CIBC World Market, exiting entirely with an estimated $551K sold.
- 38 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q3 2018, up from 35 in Q2 2018.
- Funds reported $55.9M of First Trust Dow Jones Select MicroCap Index Fund stock for Q3 2018, up 28% quarter-over-quarter.
- 6 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q3 2018 and 3 closed out, a net change of +3 holders.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q3 2018 was Morgan Stanley, an estimated $7.29M added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q3 2018 was CIBC World Market, an estimated $551K sold.
Based on aggregated 13F filings for Q3 2018.