First Trust Horizon Managed Volatility Developed International ETF
HDMV
25 hedge funds and large institutions have $19.2M invested in First Trust Horizon Managed Volatility Developed International ETF in 2025 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 5 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
0.38% more ownership
Funds ownership: 84.52% → 84.9% (+0.38%)
0% less capital invested
Capital invested by funds: $19.2M → $19.2M (-$13.2K)
14% less funds holding
Funds holding: 29 → 25 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$452K |
| 2 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
+$283K |
| 3 |
GSEP
Golden State Equity Partners
South Coast Metro,
California
|
+$264K |
| 4 |
Jane Street
New York
|
+$170K |
| 5 |
IFG
Independent Financial Group
San Diego,
California
|
+$62K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$339K |
| 2 |
LPL Financial
San Diego,
California
|
-$321K |
| 3 |
BCA
Bay Colony Advisors
Concord,
Massachusetts
|
-$200K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$89.7K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$89.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Bank of New York Mellon
New York
| – | -$339K | -9,708 | Closed |
|
|
BCA
27
Bay Colony Advisors
Concord,
Massachusetts
| – | -$200K | -5,724 | Closed |
|
28
Raymond James Financial
St Petersburg,
Florida
| – | -$83.4K | -2,386 | Closed |
|
|
AAP
29
Arax Advisory Partners
Denver,
Colorado
| – | -$12.9K | -370 | Closed |
|
|
PS
30
Principal Securities
Des Moines,
Iowa
| – | -$1.57K | -45 | Closed |
|
HDMV Hedge Fund Activity: Q3 2025 in Review
25 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in First Trust Horizon Managed Volatility Developed International ETF (HDMV) for Q3 2025, worth a combined $19.2M — down 0.07% from $19.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of HDMV and 1 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 11 added.
The largest buyer was Citadel Advisors, adding an estimated $452K. The largest seller was Bank of New York Mellon, exiting entirely with an estimated $339K sold.
- 25 institutional investors held First Trust Horizon Managed Volatility Developed International ETF (HDMV) as of Q3 2025, down from 29 in Q2 2025.
- Funds reported $19.2M of First Trust Horizon Managed Volatility Developed International ETF stock for Q3 2025, down 0.07% quarter-over-quarter.
- 1 fund opened new First Trust Horizon Managed Volatility Developed International ETF positions in Q3 2025 and 5 closed out, a net change of -4 holders.
- The largest First Trust Horizon Managed Volatility Developed International ETF buyer in Q3 2025 was Citadel Advisors, an estimated $452K added.
- The largest First Trust Horizon Managed Volatility Developed International ETF seller in Q3 2025 was Bank of New York Mellon, an estimated $339K sold.
Based on aggregated 13F filings for Q3 2025.