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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.

New
Increased
Maintained
Reduced
Closed

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)

Holders
57
Holders Change
–
Holders Change %
0%
% of All Funds
1%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
7
Increased
23
Reduced
15
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$3.2M
2
LPL Financial
LPL Financial
California
+$2.49M
3
Wells Fargo
Wells Fargo
California
+$2.23M
4
WEPOG
Wealth Enhancement & Preservation of GA
Georgia
+$2.18M
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$1.09M

Top Sellers

1
Citadel Advisors
Citadel Advisors
Florida
-$754K
2
EWM
Empirical Wealth Management
Washington
-$296K
3
PWS
Precision Wealth Strategies
Missouri
-$216K
4
Bank of America
Bank of America
North Carolina
-$209K
5
Morgan Stanley
Morgan Stanley
New York
-$159K
Name Holding Trade Value Shares
Change 		Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$10.4M -$159K -2,836 -2%
Baird Financial Group
2
Baird Financial Group
Wisconsin
$9.74M +$161K +2,862 +2%
LPL Financial
3
LPL Financial
California
$7.5M +$2.49M +44,411 +55%
Wells Fargo
4
Wells Fargo
California
$6.47M +$2.23M +39,745 +59%
CPIG
5
Chicago Partners Investment Group
Illinois
$5.3M +$158K +2,812 +3%
Envestnet Asset Management
6
Envestnet Asset Management
Illinois
$3.87M +$3.2M +57,019 +778%
Mercer Global Advisors
7
Mercer Global Advisors
Colorado
$3.77M +$325K +5,795 +10%
CCP
8
Cardan Capital Partners
Colorado
$3.4M +$17K +303 +0.5%
EWM
9
Empirical Wealth Management
Washington
$2.92M -$296K -5,264 -10%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$2.5M +$1.09M +19,484 +88%
CP
11
Camelot Portfolios
Ohio
$2.48M +$342K +6,096 +17%
WEPOG
12
Wealth Enhancement & Preservation of GA
Georgia
$2.31M +$2.18M +38,734 New
UBS Group
13
UBS Group
Switzerland
$2M +$1.4K +25 +0.1%
Susquehanna International Group
14
Susquehanna International Group
Pennsylvania
$1.85M +$28.3K +503 +2%
FAIM
15
Financial Advocates Investment Management
Washington
$1.63M -$149K -2,658 -9%
Thrivent Financial for Lutherans
16
Thrivent Financial for Lutherans
Minnesota
$1.51M – – –
WMG
17
WESCAP Management Group
California
$1.31M +$380K +6,769 +45%
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$1.23M -$40.3K -717 -3%
Truist Financial
19
Truist Financial
North Carolina
$1.06M +$61.3K +1,092 +7%
Stifel Financial
20
Stifel Financial
Missouri
$1.03M +$482K +8,577 +100%
RJFSA
21
Raymond James Financial Services Advisors
Florida
$984K -$24.7K -440 -3%
MFGM
22
Marshall Financial Group (Maryland)
Maryland
$946K +$17K +302 +2%
Bank of America
23
Bank of America
North Carolina
$873K -$209K -3,718 -20%
Osaic Holdings
24
Osaic Holdings
Arizona
$805K +$96.6K +1,720 +15%
AFP
25
Ausdal Financial Partners
Iowa
$804K -$38.6K -688 -5%
1
2 3

FDM Hedge Fund Activity: Q1 2021 in Review

57 of the 5,695 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.