First Trust Dow Jones Select MicroCap Index Fund
FDM
64 hedge funds and large institutions have $113M invested in First Trust Dow Jones Select MicroCap Index Fund in 2024 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 24 increasing their positions, 21 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
14% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 21
9% more capital invested
Capital invested by funds: $104M → $113M (+$9.1M)
3% more funds holding
Funds holding: 62 → 64 (+2)
0.64% more ownership
Funds ownership: 60.17% → 60.81% (+0.64%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.76M |
| 2 |
AFG
Arkansas Financial Group
Little Rock,
Arkansas
|
+$1.3M |
| 3 |
SFC
Strategic Financial Concepts
San Antonio,
Texas
|
+$356K |
| 4 |
BBHC
Brown Brothers Harriman & Co
New York
|
+$295K |
| 5 |
Jones Financial Companies
Des Peres,
Missouri
|
+$267K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GLLW
Graves Light Lenhart Wealth
Harrisonburg,
Virginia
|
-$360K |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$356K |
| 3 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$235K |
| 4 |
NFW
Noble Family Wealth
Clearwater,
Florida
|
-$132K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$122K |
FDM Hedge Fund Activity: Q3 2024 in Review
64 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q3 2024, worth a combined $113M — up 8.7% from $104M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FDM positions and 2 closed out — a net gain of 3 holders — while 24 added to existing stakes and 21 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $1.76M. The largest seller was Graves Light Lenhart Wealth, exiting entirely with an estimated $360K sold.
- 64 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q3 2024, up from 62 in Q2 2024.
- Funds reported $113M of First Trust Dow Jones Select MicroCap Index Fund stock for Q3 2024, up 8.7% quarter-over-quarter.
- 5 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q3 2024 and 2 closed out, a net change of +3 holders.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q3 2024 was Susquehanna International Group, an estimated $1.76M added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q3 2024 was Graves Light Lenhart Wealth, an estimated $360K sold.
Based on aggregated 13F filings for Q3 2024.