First Trust Dow Jones Select MicroCap Index Fund
FDM
63 hedge funds and large institutions have $108M invested in First Trust Dow Jones Select MicroCap Index Fund in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 21 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
22% more capital invested
Capital invested by funds: $88.5M → $108M (+$19.8M)
8.99% more ownership
Funds ownership: 51.33% → 60.32% (+9%)
3% more funds holding
Funds holding: 61 → 63 (+2)
0% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Smithbridge Asset Management
Chadds Ford,
Pennsylvania
|
+$2.04M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.44M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$836K |
| 4 |
HIC
Hartline Investment Corp
Winnetka,
Illinois
|
+$599K |
| 5 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
+$434K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.87M |
| 2 |
VF
Virtu Financial
New York
|
-$600K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$381K |
| 4 |
EWM
Empirical Wealth Management
Seattle,
Washington
|
-$365K |
| 5 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$321K |
FDM Hedge Fund Activity: Q1 2024 in Review
63 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q1 2024, worth a combined $108M — up 22% from $88.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FDM positions and 5 closed out — a net gain of 2 holders — while 21 added to existing stakes and 21 trimmed.
The largest buyer was Smithbridge Asset Management, adding an estimated $2.04M. The largest seller was Morgan Stanley, cutting an estimated $6.87M.
- 63 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q1 2024, up from 61 in Q4 2023.
- Funds reported $108M of First Trust Dow Jones Select MicroCap Index Fund stock for Q1 2024, up 22% quarter-over-quarter.
- 7 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q1 2024 and 5 closed out, a net change of +2 holders.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q1 2024 was Smithbridge Asset Management, an estimated $2.04M added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q1 2024 was Morgan Stanley, an estimated $6.87M sold.
Based on aggregated 13F filings for Q1 2024.