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First Trust Dow Jones Select MicroCap Index Fund
FDM

62 hedge funds and large institutions have $70.5M invested in First Trust Dow Jones Select MicroCap Index Fund in 2022 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 19 increasing their positions, 25 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 7

3% more funds holding

Funds holding: 60 → 62 (+2)

1% more capital invested

Capital invested by funds: $69.5M → $70.5M (+$1M)

1.45% less ownership

Funds ownership: 49.68% → 48.23% (-1.5%)

24% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 25

Holders
62
Holders Change
+2
Holders Change %
+3.33%
% of All Funds
1%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
10
Increased
19
Reduced
25
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
MAM
Marquette Asset Management
Minnesota
+$4.6M
2
Wells Fargo
Wells Fargo
California
+$1.57M
3
Bank of America
Bank of America
North Carolina
+$1.27M
4
AFG
Arkansas Financial Group
Arkansas
+$977K
5
Kayne Anderson Rudnick Investment Management
Kayne Anderson Rudnick Investment Management
California
+$777K

Top Sellers

1
AWM
AE Wealth Management
Kansas
-$9.05M
2
FAIM
Financial Advocates Investment Management
Washington
-$4.57M
3
LPL Financial
LPL Financial
California
-$998K
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$300K
5
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$217K
Name Holding Trade Value Shares
Change 		Change in
Stake
Baird Financial Group
1
Baird Financial Group
Wisconsin
$10M -$136K -2,427 -1%
CPIG
2
Chicago Partners Investment Group
Illinois
$8.13M +$540K +9,655 +8%
Morgan Stanley
3
Morgan Stanley
New York
$7.14M +$69.7K +1,247 +1%
Wells Fargo
4
Wells Fargo
California
$6.37M +$1.57M +28,066 +32%
LPL Financial
5
LPL Financial
California
$5.35M -$998K -17,851 -16%
MAM
6
Marquette Asset Management
Minnesota
$4.87M +$4.6M +82,209 +1,488%
EWM
7
Empirical Wealth Management
Washington
$2.7M -$96.5K -1,725 -3%
WMG
8
WESCAP Management Group
California
$2.24M -$13.2K -236 -0.6%
Bank of America
9
Bank of America
North Carolina
$1.96M +$1.27M +22,634 +178%
CP
10
Camelot Portfolios
Ohio
$1.4M -$121K -2,156 -8%
HWM
11
HB Wealth Management
Georgia
$1.39M – – –
Commonwealth Equity Services
12
Commonwealth Equity Services
Massachusetts
$1.07M +$388K +6,942 +56%
UBS Group
13
UBS Group
Switzerland
$1.02M -$30.4K -544 -3%
Kayne Anderson Rudnick Investment Management
14
Kayne Anderson Rudnick Investment Management
California
$999K +$777K +13,887 +337%
AFG
15
Arkansas Financial Group
Arkansas
$970K +$977K +17,477 New
Stifel Financial
16
Stifel Financial
Missouri
$920K +$214K +3,828 +30%
Envestnet Asset Management
17
Envestnet Asset Management
Illinois
$918K -$217K -3,882 -19%
RJFSA
18
Raymond James Financial Services Advisors
Florida
$879K -$115K -2,061 -12%
Osaic Holdings
19
Osaic Holdings
Arizona
$820K +$49.6K +887 +6%
Citadel Advisors
20
Citadel Advisors
Florida
$717K -$174K -3,106 -19%
AWS
21
Atria Wealth Solutions
New York
$701K +$15.7K +281 +2%
AFP
22
Ausdal Financial Partners
Iowa
$549K -$31.9K -570 -5%
AA
23
Aire Advisors
California
$528K +$251K +4,487 +89%
BCA
24
Bay Colony Advisors
Massachusetts
$501K -$12.8K -228 -2%
TAIM
25
TD Ameritrade Investment Management
Nebraska
$490K -$5.2K -93 -1%
1
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FDM Hedge Fund Activity: Q4 2022 in Review

62 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q4 2022, worth a combined $70.5M — up 1.4% from $69.5M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new FDM positions and 7 closed out — a net gain of 3 holders — while 19 added to existing stakes and 25 trimmed.

The largest buyer was Marquette Asset Management, adding an estimated $4.6M. The largest seller was AE Wealth Management, exiting entirely with an estimated $9.05M sold.

  • 62 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q4 2022, up from 60 in Q3 2022.
  • Funds reported $70.5M of First Trust Dow Jones Select MicroCap Index Fund stock for Q4 2022, up 1.4% quarter-over-quarter.
  • 10 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q4 2022 and 7 closed out, a net change of +3 holders.
  • The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q4 2022 was Marquette Asset Management, an estimated $4.6M added.
  • The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q4 2022 was AE Wealth Management, an estimated $9.05M sold.

Based on aggregated 13F filings for Q4 2022.