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First Trust Dow Jones Select MicroCap Index Fund

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.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 4

3% more funds holding

Funds holding: 6466 (+2)

7.71% less ownership

Funds ownership: 63.93%56.23% (-7.7%)

12% less capital invested

Capital invested by funds: $113M → $100M (-$13.3M)

13% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 24

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
66
Holders Change
+2
Holders Change %
+3.13%
% of All Funds
0.87%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
10
Increased
21
Reduced
24
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CPIG
1
Chicago Partners Investment Group
Illinois
$12.6M +$137K +2,015 +1%
LPL Financial
2
LPL Financial
California
$11.4M +$2.97M +43,702 +35%
AFG
3
Arkansas Financial Group
Arkansas
$10.3M +$261K +3,842 +3%
Baird Financial Group
4
Baird Financial Group
Wisconsin
$9.11M -$2.66M -39,031 -23%
Morgan Stanley
5
Morgan Stanley
New York
$7.87M +$375K +5,518 +5%
Wells Fargo
6
Wells Fargo
California
$4.78M -$2.84M -41,758 -37%
HWM
7
HB Wealth Management
Georgia
$3.07M
Citadel Advisors
8
Citadel Advisors
Florida
$2.8M +$2.79M +41,024 New
Raymond James Financial
9
Raymond James Financial
Florida
$2.63M +$2.63M +38,621 New
P
10
&Partners
Tennessee
$2.63M +$2.6M +38,228 New
VF
11
Virtu Financial
New York
$2.54M +$2.54M +37,318 New
Susquehanna International Group
12
Susquehanna International Group
Pennsylvania
$2.45M +$537K +7,889 +28%
EWM
13
Empirical Wealth Management
Washington
$2.16M -$27.6K -406 -1%
Bank of America
14
Bank of America
North Carolina
$1.67M -$16.3K -240 -1%
WMG
15
WESCAP Management Group
California
$1.57M +$164K +2,414 +12%
KCM
16
Kendall Capital Management
Maryland
$1.51M +$17.7K +260 +1%
UBS Group
17
UBS Group
Switzerland
$1.42M -$6.53K -96 -0.5%
Stifel Financial
18
Stifel Financial
Missouri
$1.38M +$690K +10,137 +101%
NFW
19
Noble Family Wealth
Florida
$1.32M -$39.5K -581 -3%
AWS
20
Atria Wealth Solutions
New York
$1.24M +$89.1K +1,309 +8%
EF
21
Envision Financial
Wisconsin
$1.16M +$1.16M +17,091 New
CP
22
Camelot Portfolios
Ohio
$1.14M -$58K -852 -5%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$1.08M -$6.33K -93 -0.6%
AF
24
Allworth Financial
California
$1.02M -$63.3K -930 -6%
Two Sigma Investments
25
Two Sigma Investments
New York
$988K +$748K +11,000 +314%

FDM Hedge Fund Activity: Q4 2024 in Review

66 of the 7,592 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.