First Trust Dow Jones Select MicroCap Index Fund
FDM
45 hedge funds and large institutions have $41.9M invested in First Trust Dow Jones Select MicroCap Index Fund in 2020 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 8 closing their positions.
163% more capital inflows, than outflows
Capital inflows: $7.86M | Capital outflows: $2.99M
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
10% more funds holding
Funds holding: 41 → 45 (+4)
1.49% more ownership
Funds ownership: 36.62% → 38.11% (+1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cardan Capital Partners
Denver,
Colorado
|
+$3.46M |
| 2 |
Mercer Global Advisors
Denver,
Colorado
|
+$682K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$565K |
| 4 |
Larson Financial Group
St Louis,
Missouri
|
+$448K |
| 5 |
Morgan Stanley
New York
|
+$391K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$568K |
| 2 |
Empirical Wealth Management
Seattle,
Washington
|
-$446K |
| 3 |
Jane Street
New York
|
-$444K |
| 4 |
AW
ACG Wealth
Atlanta,
Georgia
|
-$263K |
| 5 |
Cetera Advisors
Denver,
Colorado
|
-$251K |
FDM Hedge Fund Activity: Q2 2020 in Review
45 of the 4,890 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q2 2020, worth a combined $41.9M — up 42% from $29.5M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FDM positions and 8 closed out — a net gain of 4 holders — while 16 added to existing stakes and 12 trimmed.
The largest buyer was Cardan Capital Partners, adding an estimated $3.46M. The largest seller was Susquehanna International Group, cutting an estimated $568K.
- 45 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q2 2020, up from 41 in Q1 2020.
- Funds reported $41.9M of First Trust Dow Jones Select MicroCap Index Fund stock for Q2 2020, up 42% quarter-over-quarter.
- 12 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q2 2020 and 8 closed out, a net change of +4 holders.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q2 2020 was Cardan Capital Partners, an estimated $3.46M added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q2 2020 was Susquehanna International Group, an estimated $568K sold.
Based on aggregated 13F filings for Q2 2020.