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First Trust Dow Jones Select MicroCap Index Fund

50 hedge funds and large institutions have $71.5M invested in First Trust Dow Jones Select MicroCap Index Fund in 2019 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 15 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 15

17% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 6

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1% less capital invested

Capital invested by funds: $72.3M → $71.5M (-$768K)

1.12% less ownership

Funds ownership: 49.7%48.58% (-1.1%)

2% less funds holding

Funds holding: 5150 (-1)

Holders
50
Holders Change
-1
Holders Change %
-1.96%
% of All Funds
1.09%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
7
Increased
18
Reduced
15
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CCP
1
Cardan Capital Partners
Colorado
$22.5M +$1.08M +24,042 +5%
Morgan Stanley
2
Morgan Stanley
New York
$16.7M +$134K +2,986 +0.8%
Bank of America
3
Bank of America
North Carolina
$3.47M -$1.93M -43,224 -36%
CPIG
4
Chicago Partners Investment Group
Illinois
$3.38M +$189K +4,214 +6%
LPL Financial
5
LPL Financial
California
$2.51M -$213K -4,761 -8%
UBS Group
6
UBS Group
Switzerland
$2.28M +$491K +10,962 +28%
Citadel Advisors
7
Citadel Advisors
Florida
$1.76M +$1.36M +30,286 +352%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$1.68M +$229K +5,122 +16%
RJFSA
9
Raymond James Financial Services Advisors
Florida
$1.45M +$171K +3,811 +14%
Wells Fargo
10
Wells Fargo
California
$1.41M -$257K -5,735 -16%
CP
11
Camelot Portfolios
Ohio
$1.39M -$124K -2,766 -8%
BTS
12
BB&T Securities
Virginia
$1.31M -$618K -13,798 -32%
EWM
13
Empirical Wealth Management
Washington
$1.2M +$259K +5,791 +28%
FWM
14
Frontier Wealth Management
Missouri
$1.18M -$23.2K -518 -2%
Susquehanna International Group
15
Susquehanna International Group
Pennsylvania
$945K -$177K -3,955 -16%
Jane Street
16
Jane Street
New York
$929K +$442K +9,875 +92%
RJA
17
Raymond James & Associates
Florida
$686K -$10.6K -237 -2%
WMG
18
WESCAP Management Group
California
$655K -$32.7K -731 -5%
CA
19
Cetera Advisors
Colorado
$509K -$20.6K -460 -4%
FA
20
FMA Advisory
Pennsylvania
$497K +$27.2K +608 +6%
CWS
21
Cypress Wealth Services
California
$488K +$18.2K +406 +4%
LNC
22
Lincoln National Corp
Pennsylvania
$481K +$5.86K +131 +1%
AG
23
Advisor Group
Arizona
$431K -$19.2K -428 -4%
CAN
24
Cetera Advisor Networks
California
$419K -$9.71K -217 -2%
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$362K +$25.6K +573 +8%

FDM Hedge Fund Activity: Q2 2019 in Review

50 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q2 2019, worth a combined $71.5M — down 1.1% from $72.3M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new FDM positions and 6 closed out — a net gain of 1 holder — while 18 added to existing stakes and 15 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $1.36M. The largest seller was Bank of America, cutting an estimated $1.93M.

  • 50 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q2 2019, down from 51 in Q1 2019.
  • Funds reported $71.5M of First Trust Dow Jones Select MicroCap Index Fund stock for Q2 2019, down 1.1% quarter-over-quarter.
  • 7 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q2 2019 and 6 closed out, a net change of +1 holder.
  • The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q2 2019 was Citadel Advisors, an estimated $1.36M added.
  • The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q2 2019 was Bank of America, an estimated $1.93M sold.

Based on aggregated 13F filings for Q2 2019.