First Trust Horizon Managed Volatility Developed International ETF
HDMV
29 hedge funds and large institutions have $13.2M invested in First Trust Horizon Managed Volatility Developed International ETF in 2026 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 13 reducing their positions, and 0 closing their positions.
7% more funds holding
Funds holding: 27 → 29 (+2)
2.66% less ownership
Funds ownership: 82.2% → 79.54% (-2.7%)
30% less capital invested
Capital invested by funds: $18.9M → $13.2M (-$5.7M)
62% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GSEP
Golden State Equity Partners
South Coast Metro,
California
|
+$718K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$352K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$125K |
| 4 |
RIA
Realta Investment Advisors
Wilmington,
Delaware
|
+$18.5K |
| 5 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
+$15.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$6.19M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$546K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$259K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$215K |
| 5 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
-$142K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KFG
26
Kingdom Financial Group
Peoria,
Arizona
| $2.25K | – | – | – |
|
|
LAS
27
Lloyd Advisory Services
Suwanee,
Georgia
| $2.25K | +$2.26K | +61 | New |
|
28
Wells Fargo
San Francisco,
California
| $28 | – | – | – |
|
29
Russell Investments Group
London,
United Kingdom
| $21 | – | – | – |
|
HDMV Hedge Fund Activity: Q1 2026 in Review
29 of the 8,127 institutional investors tracked by Wall St. Rank reported a position in First Trust Horizon Managed Volatility Developed International ETF (HDMV) for Q1 2026, worth a combined $13.2M — down 30% from $18.9M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new HDMV positions and 0 closed out — a net gain of 3 holders — while 5 added to existing stakes and 13 trimmed.
The largest buyer was Golden State Equity Partners, adding an estimated $718K. The largest seller was LPL Financial, cutting an estimated $6.19M.
- 29 institutional investors held First Trust Horizon Managed Volatility Developed International ETF (HDMV) as of Q1 2026, up from 27 in Q4 2025.
- Funds reported $13.2M of First Trust Horizon Managed Volatility Developed International ETF stock for Q1 2026, down 30% quarter-over-quarter.
- 3 funds opened new First Trust Horizon Managed Volatility Developed International ETF positions in Q1 2026 and 0 closed out, a net change of +3 holders.
- The largest First Trust Horizon Managed Volatility Developed International ETF buyer in Q1 2026 was Golden State Equity Partners, an estimated $718K added.
- The largest First Trust Horizon Managed Volatility Developed International ETF seller in Q1 2026 was LPL Financial, an estimated $6.19M sold.
Based on aggregated 13F filings for Q1 2026.