First Trust Dow Jones Select MicroCap Index Fund
FDM
60 hedge funds and large institutions have $69.5M invested in First Trust Dow Jones Select MicroCap Index Fund in 2022 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 25 reducing their positions, and 7 closing their positions.
183% more capital inflows, than outflows
Capital inflows: $15.6M | Capital outflows: $5.5M
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
4.6% more ownership
Funds ownership: 45.09% → 49.68% (+4.6%)
3% more funds holding
Funds holding: 58 → 60 (+2)
28% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AE Wealth Management
Topeka,
Kansas
|
+$10.1M |
| 2 |
HB Wealth Management
Atlanta,
Georgia
|
+$1.39M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$892K |
| 4 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
+$608K |
| 5 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$373K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tower Research Capital (TRC)
New York
|
-$1.2M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$865K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$716K |
| 4 |
LPL Financial
San Diego,
California
|
-$676K |
| 5 |
Morgan Stanley
New York
|
-$383K |
FDM Hedge Fund Activity: Q3 2022 in Review
60 of the 5,831 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q3 2022, worth a combined $69.5M — up 9.4% from $63.5M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FDM positions and 7 closed out — a net gain of 3 holders — while 18 added to existing stakes and 25 trimmed.
The largest buyer was AE Wealth Management, opening a new position worth an estimated $10.1M. The largest seller was Tower Research Capital (TRC), exiting entirely with an estimated $1.2M sold.
- 60 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q3 2022, up from 58 in Q2 2022.
- Funds reported $69.5M of First Trust Dow Jones Select MicroCap Index Fund stock for Q3 2022, up 9.4% quarter-over-quarter.
- 10 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q3 2022 and 7 closed out, a net change of +3 holders.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q3 2022 was AE Wealth Management, an estimated $10.1M added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q3 2022 was Tower Research Capital (TRC), an estimated $1.2M sold.
Based on aggregated 13F filings for Q3 2022.