First Trust Dow Jones Select MicroCap Index Fund
FDM
51 hedge funds and large institutions have $72.3M invested in First Trust Dow Jones Select MicroCap Index Fund in 2019 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 12 reducing their positions, and 1 closing their positions.
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
83% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 12
19% more funds holding
Funds holding: 43 → 51 (+8)
6% more capital invested
Capital invested by funds: $68M → $72.3M (+$4.34M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5.79% less ownership
Funds ownership: 55.49% → 49.7% (-5.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$2.92M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.63M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.08M |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$452K |
| 5 |
LPL Financial
San Diego,
California
|
+$441K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$7.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$2.25M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$669K |
| 4 |
Jane Street
New York
|
-$365K |
| 5 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
-$118K |
FDM Hedge Fund Activity: Q1 2019 in Review
51 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q1 2019, worth a combined $72.3M — up 6.4% from $68M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FDM positions and 1 closed out — a net gain of 8 holders — while 22 added to existing stakes and 12 trimmed.
The largest buyer was Cornerstone Wealth Management, opening a new position worth an estimated $2.92M. The largest seller was Morgan Stanley, cutting an estimated $7.2M.
- 51 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q1 2019, up from 43 in Q4 2018.
- Funds reported $72.3M of First Trust Dow Jones Select MicroCap Index Fund stock for Q1 2019, up 6.4% quarter-over-quarter.
- 9 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q1 2019 and 1 closed out, a net change of +8 holders.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q1 2019 was Cornerstone Wealth Management, an estimated $2.92M added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q1 2019 was Morgan Stanley, an estimated $7.2M sold.
Based on aggregated 13F filings for Q1 2019.