First Trust Dow Jones Select MicroCap Index Fund
FDM
85 hedge funds and large institutions have $140M invested in First Trust Dow Jones Select MicroCap Index Fund in 2026 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 25 increasing their positions, 29 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
7% more capital invested
Capital invested by funds: $132M → $140M (+$8.67M)
1% more funds holding
Funds holding: 84 → 85 (+1)
0.45% more ownership
Funds ownership: 60.9% → 61.35% (+0.45%)
14% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$3.78M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.01M |
| 3 |
SWM
SHP Wealth Management
Plymouth,
Massachusetts
|
+$514K |
| 4 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
+$432K |
| 5 |
AWA
Arkadios Wealth Advisors
Atlanta,
Georgia
|
+$428K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.54M |
| 2 |
AFG
Arkansas Financial Group
Little Rock,
Arkansas
|
-$734K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$349K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$324K |
| 5 |
E
Entelevest
Coral Gables,
Florida
|
-$274K |
FDM Hedge Fund Activity: Q1 2026 in Review
85 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Select MicroCap Index Fund (FDM) for Q1 2026, worth a combined $140M — up 6.6% from $132M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FDM positions and 6 closed out — a net gain of 3 holders — while 25 added to existing stakes and 29 trimmed.
The largest buyer was LPL Financial, adding an estimated $3.78M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.54M sold.
- 85 institutional investors held First Trust Dow Jones Select MicroCap Index Fund (FDM) as of Q1 2026, up from 84 in Q4 2025.
- Funds reported $140M of First Trust Dow Jones Select MicroCap Index Fund stock for Q1 2026, up 6.6% quarter-over-quarter.
- 9 funds opened new First Trust Dow Jones Select MicroCap Index Fund positions in Q1 2026 and 6 closed out, a net change of +3 holders.
- The largest First Trust Dow Jones Select MicroCap Index Fund buyer in Q1 2026 was LPL Financial, an estimated $3.78M added.
- The largest First Trust Dow Jones Select MicroCap Index Fund seller in Q1 2026 was Susquehanna International Group, an estimated $1.54M sold.
Based on aggregated 13F filings for Q1 2026.