First Trust Dow Jones Select MicroCap Index Fund
FDM
43 hedge funds and large institutions have $68M invested in First Trust Dow Jones Select MicroCap Index Fund in 2018 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
22% more capital invested
Capital invested by funds: $55.9M → $68M (+$12M)
16.98% more ownership
Funds ownership: 38.5% → 55.49% (+17%)
13% more funds holding
Funds holding: 38 → 43 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
+$21.4M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.58M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.13M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.11M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$799K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$889K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$701K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$523K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$425K |
| 5 |
SG Americas Securities
New York
|
-$314K |
FDM Hedge Fund Activity: Q4 2018 in Review
43 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q4 2018, worth a combined $68M — up 22% from $55.9M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FDM positions and 5 closed out — a net gain of 5 holders — while 15 added to existing stakes and 9 trimmed.
The largest buyer was Cardan Capital Partners, opening a new position worth an estimated $21.4M. The largest seller was Wells Fargo, cutting an estimated $889K.
- 43 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q4 2018, up from 38 in Q3 2018.
- Funds reported $68M of First Trust Dow Jones Select MicroCap Index Fund stock for Q4 2018, up 22% quarter-over-quarter.
- 10 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q4 2018 and 5 closed out, a net change of +5 holders.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q4 2018 was Cardan Capital Partners, an estimated $21.4M added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q4 2018 was Wells Fargo, an estimated $889K sold.
Based on aggregated 13F filings for Q4 2018.