First Trust Dow Jones Select MicroCap Index Fund
FDM
57 hedge funds and large institutions have $85.1M invested in First Trust Dow Jones Select MicroCap Index Fund in 2021 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 23 increasing their positions, 15 reducing their positions, and 6 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 15
49% more capital invested
Capital invested by funds: $57M → $85.1M (+$28.1M)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
5.22% more ownership
Funds ownership: 45.26% → 50.47% (+5.2%)
0% more funds holding
Funds holding: 57 → 57 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.2M |
| 2 |
LPL Financial
San Diego,
California
|
+$2.49M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.23M |
| 4 |
WEPOG
Wealth Enhancement & Preservation of GA
Alpharetta,
Georgia
|
+$2.18M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$754K |
| 2 |
EWM
Empirical Wealth Management
Seattle,
Washington
|
-$296K |
| 3 |
PWS
Precision Wealth Strategies
Saint Louis,
Missouri
|
-$216K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$209K |
| 5 |
Morgan Stanley
New York
|
-$159K |
FDM Hedge Fund Activity: Q1 2021 in Review
57 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q1 2021, worth a combined $85.1M — up 49% from $57M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FDM positions and 6 closed out — a net gain of 1 holder — while 23 added to existing stakes and 15 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $3.2M. The largest seller was Citadel Advisors, exiting entirely with an estimated $754K sold.
- 57 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q1 2021, unchanged from Q4 2020.
- Funds reported $85.1M of First Trust Dow Jones Select MicroCap Index Fund stock for Q1 2021, up 49% quarter-over-quarter.
- 7 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q1 2021 and 6 closed out, a net change of +1 holder.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q1 2021 was Envestnet Asset Management, an estimated $3.2M added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q1 2021 was Citadel Advisors, an estimated $754K sold.
Based on aggregated 13F filings for Q1 2021.