First Trust Dow Jones Select MicroCap Index Fund
FDM
57 hedge funds and large institutions have $57M invested in First Trust Dow Jones Select MicroCap Index Fund in 2020 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 14 increasing their positions, 20 reducing their positions, and 6 closing their positions.
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
30% more capital invested
Capital invested by funds: $43.8M → $57M (+$13.2M)
16% more funds holding
Funds holding: 49 → 57 (+8)
1.63% more ownership
Funds ownership: 43.63% → 45.26% (+1.6%)
30% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 20
Top Buyers
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$6.91M |
| 2 |
Morgan Stanley
New York
|
+$1.87M |
| 3 |
Goldman Sachs
New York
|
+$485K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$426K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$372K |
Top Sellers
FDM Hedge Fund Activity: Q4 2020 in Review
57 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q4 2020, worth a combined $57M — up 30% from $43.8M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FDM positions and 6 closed out — a net gain of 9 holders — while 14 added to existing stakes and 20 trimmed.
The largest buyer was Baird Financial Group, opening a new position worth an estimated $6.91M. The largest seller was Cardan Capital Partners, cutting an estimated $4.64M.
- 57 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q4 2020, up from 49 in Q3 2020.
- Funds reported $57M of First Trust Dow Jones Select MicroCap Index Fund stock for Q4 2020, up 30% quarter-over-quarter.
- 15 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q4 2020 and 6 closed out, a net change of +9 holders.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q4 2020 was Baird Financial Group, an estimated $6.91M added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q4 2020 was Cardan Capital Partners, an estimated $4.64M sold.
Based on aggregated 13F filings for Q4 2020.