First Trust Horizon Managed Volatility Developed International ETF
HDMV
50 hedge funds and large institutions have $90.3M invested in First Trust Horizon Managed Volatility Developed International ETF in 2020 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 23 increasing their positions, 10 reducing their positions, and 9 closing their positions.
130% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 10
56% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 9
6% more funds holding
Funds holding: 47 → 50 (+3)
0.9% less ownership
Funds ownership: 68.33% → 67.43% (-0.9%)
15% less capital invested
Capital invested by funds: $106M → $90.3M (-$15.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$4.3M |
| 2 |
LPL Financial
San Diego,
California
|
+$3.92M |
| 3 |
Jane Street
New York
|
+$2.94M |
| 4 |
SF
Synovus Financial
Columbus,
Georgia
|
+$1.59M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$3.23M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.15M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$912K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$816K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$571K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
51
Advisory Services Network
Atlanta,
Georgia
| $1K | +$1.75K | +56 | New |
|
|
52
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$912K | -26,649 | Closed |
|
|
PAG
53
Private Advisor Group
Morristown,
New Jersey
| – | -$816K | -23,858 | Closed |
|
|
HF
54
HRT Financial
New York
| – | -$431K | -12,600 | Closed |
|
55
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$316K | -9,237 | Closed |
|
|
HI
56
Horizon Investments
Charlotte,
North Carolina
| – | -$315K | -9,218 | Closed |
|
57
Truist Financial
Charlotte,
North Carolina
| – | -$259K | -7,563 | Closed |
|
|
MA
58
Mutual Advisors
Omaha,
Nebraska
| – | -$227K | -6,625 | Closed |
|
59
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$219K | -6,352 | Closed |
|
|
SG
60
StoneX Group
New York
| – | -$208K | -6,073 | Closed |
|
HDMV Hedge Fund Activity: Q1 2020 in Review
50 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in First Trust Horizon Managed Volatility Developed International ETF (HDMV) for Q1 2020, worth a combined $90.3M — down 15% from $106M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new HDMV positions and 9 closed out — a net gain of 5 holders — while 23 added to existing stakes and 10 trimmed.
The largest buyer was Orion Portfolio Solutions, opening a new position worth an estimated $4.3M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $3.23M.
- 50 institutional investors held First Trust Horizon Managed Volatility Developed International ETF (HDMV) as of Q1 2020, up from 47 in Q4 2019.
- Funds reported $90.3M of First Trust Horizon Managed Volatility Developed International ETF stock for Q1 2020, down 15% quarter-over-quarter.
- 14 funds opened new First Trust Horizon Managed Volatility Developed International ETF positions in Q1 2020 and 9 closed out, a net change of +5 holders.
- The largest First Trust Horizon Managed Volatility Developed International ETF buyer in Q1 2020 was Orion Portfolio Solutions, an estimated $4.3M added.
- The largest First Trust Horizon Managed Volatility Developed International ETF seller in Q1 2020 was Cambridge Investment Research Advisors, an estimated $3.23M sold.
Based on aggregated 13F filings for Q1 2020.