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First Trust Dow Jones Select MicroCap Index Fund

49 hedge funds and large institutions have $66M invested in First Trust Dow Jones Select MicroCap Index Fund in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 20 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1.37% less ownership

Funds ownership: 48.58%47.2% (-1.4%)

2% less funds holding

Funds holding: 5049 (-1)

8% less capital invested

Capital invested by funds: $71.5M → $66M (-$5.5M)

20% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 5

30% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 20

Holders
49
Holders Change
-1
Holders Change %
-2%
% of All Funds
1.07%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
4
Increased
14
Reduced
20
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CCP
1
Cardan Capital Partners
Colorado
$22.8M +$30K +667 +0.1%
Morgan Stanley
2
Morgan Stanley
New York
$14.8M -$2.11M -46,840 -13%
CPIG
3
Chicago Partners Investment Group
Illinois
$3.59M +$105K +2,325 +3%
LPL Financial
4
LPL Financial
California
$3.11M +$555K +12,333 +22%
UBS Group
5
UBS Group
Switzerland
$2.54M +$237K +5,270 +10%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$2.09M +$388K +8,619 +23%
Wells Fargo
7
Wells Fargo
California
$1.55M +$124K +2,745 +9%
Bank of America
8
Bank of America
North Carolina
$1.39M -$2.09M -46,503 -61%
EWM
9
Empirical Wealth Management
Washington
$1.32M +$102K +2,261 +9%
FWM
10
Frontier Wealth Management
Missouri
$1.18M -$15.1K -336 -1%
BTS
11
BB&T Securities
Virginia
$1.15M -$168K -3,733 -13%
CP
12
Camelot Portfolios
Ohio
$923K -$475K -10,548 -34%
Jane Street
13
Jane Street
New York
$898K -$40.9K -908 -4%
LFG
14
Larson Financial Group
Missouri
$858K +$845K +18,771 New
RJFSA
15
Raymond James Financial Services Advisors
Florida
$808K -$646K -14,348 -45%
WMG
16
WESCAP Management Group
California
$592K -$69.4K -1,541 -11%
CA
17
Cetera Advisors
Colorado
$513K -$2.61K -58 -0.5%
Susquehanna International Group
18
Susquehanna International Group
Pennsylvania
$481K -$468K -10,390 -50%
LNC
19
Lincoln National Corp
Pennsylvania
$479K -$6.98K -155 -1%
RJA
20
Raymond James & Associates
Florida
$430K -$260K -5,766 -38%
FA
21
FMA Advisory
Pennsylvania
$427K -$74.9K -1,665 -15%
AG
22
Advisor Group
Arizona
$413K -$21.2K -472 -5%
TAIM
23
TD Ameritrade Investment Management
Nebraska
$400K +$63.2K +1,405 +19%
CAN
24
Cetera Advisor Networks
California
$364K -$59.3K -1,318 -14%
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$364K -$1.75K -39 -0.5%

FDM Hedge Fund Activity: Q3 2019 in Review

49 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q3 2019, worth a combined $66M — down 7.7% from $71.5M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of FDM and 4 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 14 added.

The largest buyer was Larson Financial Group, opening a new position worth an estimated $845K. The largest seller was Morgan Stanley, cutting an estimated $2.11M.

  • 49 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q3 2019, down from 50 in Q2 2019.
  • Funds reported $66M of First Trust Dow Jones Select MicroCap Index Fund stock for Q3 2019, down 7.7% quarter-over-quarter.
  • 4 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q3 2019 and 5 closed out, a net change of -1 holder.
  • The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q3 2019 was Larson Financial Group, an estimated $845K added.
  • The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q3 2019 was Morgan Stanley, an estimated $2.11M sold.

Based on aggregated 13F filings for Q3 2019.