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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, 24 increasing their positions, 21 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 21

13.4% more ownership

Funds ownership: 60.32% → 73.72% (+13%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

4% less capital invested

Capital invested by funds: $108M → $104M (-$3.95M)

2% less funds holding

Funds holding: 63 → 62 (-1)

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

Holders
62
Holders Change
-1
Holders Change %
-1.59%
% of All Funds
0.9%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
6
Increased
24
Reduced
21
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
SFC
Strategic Financial Concepts
Texas
+$23.3M
2
AFG
Arkansas Financial Group
Arkansas
+$1.93M
3
AF
Allworth Financial
California
+$1.02M
4
HWM
HB Wealth Management
Georgia
+$609K
5
LPL Financial
LPL Financial
California
+$526K

Top Sellers

1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$2.12M
2
Citadel Advisors
Citadel Advisors
Florida
-$1.36M
3
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$850K
4
WDC
Woodward Diversified Capital
California
-$670K
5
HIC
Hartline Investment Corp
Illinois
-$631K
Name Holding Trade Value Shares
Change 		Change in
Stake
HAS
1
Horizon Advisory Services
New York
$18.9M +$9.57K +157 +0%
CPIG
2
Chicago Partners Investment Group
Illinois
$12M +$292K +4,798 +3%
Baird Financial Group
3
Baird Financial Group
Wisconsin
$10.4M -$24.3K -398 -0.2%
AFG
4
Arkansas Financial Group
Arkansas
$7.56M +$1.93M +31,755 +34%
LPL Financial
5
LPL Financial
California
$7.51M +$526K +8,634 +7%
Wells Fargo
6
Wells Fargo
California
$6.66M +$456K +7,483 +7%
MAM
7
Marquette Asset Management
Minnesota
$6.46M +$242K +3,978 +4%
Morgan Stanley
8
Morgan Stanley
New York
$6.44M -$156K -2,558 -2%
SAM
9
Smithbridge Asset Management
Pennsylvania
$3.01M -$103K -1,696 -3%
HWM
10
HB Wealth Management
Georgia
$2.7M +$609K +10,000 +29%
EWM
11
Empirical Wealth Management
Washington
$1.95M -$305K -5,005 -13%
Bank of America
12
Bank of America
North Carolina
$1.42M +$102K +1,670 +8%
NFW
13
Noble Family Wealth
Florida
$1.32M -$116K -1,911 -8%
KCM
14
Kendall Capital Management
Maryland
$1.3M – – –
WMG
15
WESCAP Management Group
California
$1.29M -$56.2K -923 -4%
CP
16
Camelot Portfolios
Ohio
$1.28M +$131K +2,157 +11%
UBS Group
17
UBS Group
Switzerland
$1.22M +$1.65K +27 +0.1%
AF
18
Allworth Financial
California
$1.07M +$1.02M +16,702 New
AWS
19
Atria Wealth Solutions
New York
$1.01M +$22.7K +372 +2%
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$957K -$99.1K -1,627 -9%
Mariner
21
Mariner
Kansas
$681K +$46.4K +761 +7%
BCA
22
Bay Colony Advisors
Massachusetts
$601K -$975 -16 -0.2%
AFP
23
Ausdal Financial Partners
Iowa
$569K +$670 +11 +0.1%
Stifel Financial
24
Stifel Financial
Missouri
$557K -$214K -3,512 -27%
Mercer Global Advisors
25
Mercer Global Advisors
Colorado
$556K +$362K +5,947 +179%
1
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FDM Hedge Fund Activity: Q2 2024 in Review

62 of the 6,924 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 21 trimmed existing stakes and 24 added.

The largest buyer was Strategic Financial Concepts, adding an estimated $23.3M. 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 Strategic Financial Concepts, an estimated $23.3M 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.