First Trust Dow Jones Select MicroCap Index Fund
FDM
63 hedge funds and large institutions have $76.1M invested in First Trust Dow Jones Select MicroCap Index Fund in 2022 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 22 increasing their positions, 22 reducing their positions, and 12 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 22
8% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 12
3.41% less ownership
Funds ownership: 49.66% → 46.25% (-3.4%)
5% less funds holding
Funds holding: 66 → 63 (-3)
19% less capital invested
Capital invested by funds: $93.6M → $76.1M (-$17.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WP
WealthSource Partners
San Luis Obispo,
California
|
+$1.07M |
| 2 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
+$855K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$800K |
| 4 |
Morgan Stanley
New York
|
+$697K |
| 5 |
WMG
WESCAP Management Group
Glendale,
California
|
+$640K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$6.5M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.5M |
| 3 |
NW
Naviter Wealth
Little Rock,
Arkansas
|
-$2.33M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.86M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.66M |
FDM Hedge Fund Activity: Q1 2022 in Review
63 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q1 2022, worth a combined $76.1M — down 19% from $93.6M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FDM and 11 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 22 added.
The largest buyer was WealthSource Partners, opening a new position worth an estimated $1.07M. The largest seller was Kayne Anderson Rudnick Investment Management, exiting entirely with an estimated $6.5M sold.
- 63 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q1 2022, down from 66 in Q4 2021.
- Funds reported $76.1M of First Trust Dow Jones Select MicroCap Index Fund stock for Q1 2022, down 19% quarter-over-quarter.
- 11 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q1 2022 and 12 closed out, a net change of -1 holder.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q1 2022 was WealthSource Partners, an estimated $1.07M added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q1 2022 was Kayne Anderson Rudnick Investment Management, an estimated $6.5M sold.
Based on aggregated 13F filings for Q1 2022.