First Trust Dow Jones Select MicroCap Index Fund
FDM
61 hedge funds and large institutions have $88.5M 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, 16 increasing their positions, 22 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
25% more capital invested
Capital invested by funds: $70.8M → $88.5M (+$17.7M)
5% more funds holding
Funds holding: 58 → 61 (+3)
4.2% more ownership
Funds ownership: 47.13% → 51.33% (+4.2%)
27% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 22
Top Buyers
Top Sellers
FDM Hedge Fund Activity: Q4 2023 in Review
61 of the 6,859 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 $88.5M — up 25% 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 16 added to existing stakes and 22 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.91M. The largest seller was Susquehanna International Group, cutting an estimated $785K.
- 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 $88.5M of First Trust Dow Jones Select MicroCap Index Fund stock for Q4 2023, up 25% 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 Morgan Stanley, an estimated $4.91M added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q4 2023 was Susquehanna International Group, an estimated $785K sold.
Based on aggregated 13F filings for Q4 2023.