First Trust Dow Jones Select MicroCap Index Fund
FDM
62 hedge funds and large institutions have $104M invested in First Trust Dow Jones Select MicroCap Index Fund in 2024 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 22 reducing their positions, and 7 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 22
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.15% less ownership
Funds ownership: 60.32% → 60.17% (-0.15%)
2% less funds holding
Funds holding: 63 → 62 (-1)
11% less capital inflows, than outflows
Capital inflows: $6.82M | Capital outflows: $7.68M
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arkansas Financial Group
Little Rock,
Arkansas
|
+$1.93M |
| 2 |
Allworth Financial
Folsom,
California
|
+$1.02M |
| 3 |
HB Wealth Management
Atlanta,
Georgia
|
+$609K |
| 4 |
LPL Financial
San Diego,
California
|
+$526K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$456K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.12M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.36M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$850K |
| 4 |
WDC
Woodward Diversified Capital
Bakersfield,
California
|
-$670K |
| 5 |
Hartline Investment Corp
Winnetka,
Illinois
|
-$631K |
FDM Hedge Fund Activity: Q2 2024 in Review
62 of the 6,941 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q2 2024, worth a combined $104M — down 3.7% from $108M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FDM and 6 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 23 added.
The largest buyer was Arkansas Financial Group, adding an estimated $1.93M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $2.12M sold.
- 62 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q2 2024, down from 63 in Q1 2024.
- Funds reported $104M of First Trust Dow Jones Select MicroCap Index Fund stock for Q2 2024, down 3.7% quarter-over-quarter.
- 6 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q2 2024 and 7 closed out, a net change of -1 holder.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q2 2024 was Arkansas Financial Group, an estimated $1.93M added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q2 2024 was Susquehanna International Group, an estimated $2.12M sold.
Based on aggregated 13F filings for Q2 2024.