First Trust Dow Jones Select MicroCap Index Fund
FDM
61 hedge funds and large institutions have $81.6M invested in First Trust Dow Jones Select MicroCap Index Fund in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 23 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
30% more capital inflows, than outflows
Capital inflows: $7.14M | Capital outflows: $5.49M
5% more funds holding
Funds holding: 58 → 61 (+3)
0.19% more ownership
Funds ownership: 47.13% → 47.32% (+0.19%)
35% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arkansas Financial Group
Little Rock,
Arkansas
|
+$2.2M |
| 2 |
Kendall Capital Management
Rockville,
Maryland
|
+$888K |
| 3 |
HB Wealth Management
Atlanta,
Georgia
|
+$558K |
| 4 |
Chicago Partners Investment Group
Chicago,
Illinois
|
+$534K |
| 5 |
Graves Light Lenhart Wealth
Harrisonburg,
Virginia
|
+$338K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.37M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$785K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$590K |
| 4 |
Charles Schwab
San Francisco,
California
|
-$426K |
| 5 |
APWA
Atlas Private Wealth Advisors
Matawan,
New Jersey
|
-$369K |
FDM Hedge Fund Activity: Q4 2023 in Review
61 of the 6,875 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q4 2023, worth a combined $81.6M — up 15% from $70.8M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FDM positions and 7 closed out — a net gain of 3 holders — while 15 added to existing stakes and 23 trimmed.
The largest buyer was Arkansas Financial Group, adding an estimated $2.2M. The largest seller was Morgan Stanley, cutting an estimated $1.37M.
- 61 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q4 2023, up from 58 in Q3 2023.
- Funds reported $81.6M of First Trust Dow Jones Select MicroCap Index Fund stock for Q4 2023, up 15% quarter-over-quarter.
- 10 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q4 2023 and 7 closed out, a net change of +3 holders.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q4 2023 was Arkansas Financial Group, an estimated $2.2M added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q4 2023 was Morgan Stanley, an estimated $1.37M sold.
Based on aggregated 13F filings for Q4 2023.