First Trust Dow Jones Select MicroCap Index Fund
FDM
72 hedge funds and large institutions have $109M invested in First Trust Dow Jones Select MicroCap Index Fund in 2025 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 30 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
25% more capital invested
Capital invested by funds: $86.9M → $109M (+$22M)
4% more funds holding
Funds holding: 69 → 72 (+3)
2.01% more ownership
Funds ownership: 55.11% → 57.12% (+2%)
43% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisory Group
Redmond,
Washington
|
+$11.1M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.22M |
| 3 |
AFG
Arkansas Financial Group
Little Rock,
Arkansas
|
+$743K |
| 4 |
EWM
Empirical Wealth Management
Seattle,
Washington
|
+$499K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$372K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWM
HB Wealth Management
Atlanta,
Georgia
|
-$2.8M |
| 2 |
AWS
Atria Wealth Solutions
New York
|
-$1.21M |
| 3 |
SAM
Smithbridge Asset Management
Chadds Ford,
Pennsylvania
|
-$1.16M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$890K |
| 5 |
VF
Virtu Financial
New York
|
-$654K |
FDM Hedge Fund Activity: Q2 2025 in Review
72 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q2 2025, worth a combined $109M — up 25% from $86.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FDM positions and 4 closed out — a net gain of 3 holders — while 17 added to existing stakes and 30 trimmed.
The largest buyer was Private Advisory Group, opening a new position worth an estimated $11.1M. The largest seller was HB Wealth Management, exiting entirely with an estimated $2.8M sold.
- 72 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q2 2025, up from 69 in Q1 2025.
- Funds reported $109M of First Trust Dow Jones Select MicroCap Index Fund stock for Q2 2025, up 25% quarter-over-quarter.
- 7 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q2 2025 and 4 closed out, a net change of +3 holders.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q2 2025 was Private Advisory Group, an estimated $11.1M added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q2 2025 was HB Wealth Management, an estimated $2.8M sold.
Based on aggregated 13F filings for Q2 2025.