First Trust Dow Jones Select MicroCap Index Fund
FDM
66 hedge funds and large institutions have $100M invested in First Trust Dow Jones Select MicroCap Index Fund in 2024 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 24 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
3% more funds holding
Funds holding: 64 → 66 (+2)
4.58% less ownership
Funds ownership: 60.81% → 56.23% (-4.6%)
13% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 24
46% less capital inflows, than outflows
Capital inflows: $18.7M | Capital outflows: $35M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$2.97M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$2.79M |
| 3 |
&Partners
Nashville,
Tennessee
|
+$2.6M |
| 4 |
Virtu Financial
New York
|
+$2.54M |
| 5 |
Two Sigma Investments
New York
|
+$748K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Horizon Advisory Services
West Henrietta,
New York
|
-$21.2M |
| 2 |
Marquette Asset Management
Minneapolis,
Minnesota
|
-$7.36M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.84M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$2.66M |
| 5 |
Gemmer Asset Management
Walnut Creek,
California
|
-$301K |
FDM Hedge Fund Activity: Q4 2024 in Review
66 of the 7,616 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q4 2024, worth a combined $100M — down 12% from $113M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FDM positions and 4 closed out — a net gain of 6 holders — while 21 added to existing stakes and 24 trimmed.
The largest buyer was LPL Financial, adding an estimated $2.97M. The largest seller was Horizon Advisory Services, cutting an estimated $21.2M.
- 66 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q4 2024, up from 64 in Q3 2024.
- Funds reported $100M of First Trust Dow Jones Select MicroCap Index Fund stock for Q4 2024, down 12% quarter-over-quarter.
- 10 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q4 2024 and 4 closed out, a net change of +6 holders.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q4 2024 was LPL Financial, an estimated $2.97M added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q4 2024 was Horizon Advisory Services, an estimated $21.2M sold.
Based on aggregated 13F filings for Q4 2024.