First Trust Horizon Managed Volatility Developed International ETF
HDMV
30 hedge funds and large institutions have $35.2M invested in First Trust Horizon Managed Volatility Developed International ETF in 2025 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 9 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
1.95% less ownership
Funds ownership: 111.82% → 109.86% (-2%)
17% less funds holding
Funds holding: 36 → 30 (-6)
47% less capital inflows, than outflows
Capital inflows: $2.41M | Capital outflows: $4.51M
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$898K |
| 2 |
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$465K |
| 3 |
Flow Traders U.S.
New York
|
+$320K |
| 4 |
LPL Financial
San Diego,
California
|
+$268K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$190K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$1.05M |
| 2 |
Orion Portfolio Solutions
Omaha,
Nebraska
|
-$1.05M |
| 3 |
Jane Street
New York
|
-$792K |
| 4 |
Avantax Advisory Services
Dallas,
Texas
|
-$472K |
| 5 |
Certior Financial Group
King Of Prussia,
Pennsylvania
|
-$252K |
HDMV Hedge Fund Activity: Q1 2025 in Review
30 of the 7,489 institutional investors tracked by Wall St. Rank reported a position in First Trust Horizon Managed Volatility Developed International ETF (HDMV) for Q1 2025, worth a combined $35.2M — up 4.4% from $33.7M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of HDMV and 4 opened new positions — a net loss of 5 holders — while 11 trimmed existing stakes and 11 added.
The largest buyer was Citadel Advisors, adding an estimated $898K. The largest seller was Brinker Capital Investments, exiting entirely with an estimated $1.05M sold.
- 30 institutional investors held First Trust Horizon Managed Volatility Developed International ETF (HDMV) as of Q1 2025, down from 36 in Q4 2024.
- Funds reported $35.2M of First Trust Horizon Managed Volatility Developed International ETF stock for Q1 2025, up 4.4% quarter-over-quarter.
- 4 funds opened new First Trust Horizon Managed Volatility Developed International ETF positions in Q1 2025 and 9 closed out, a net change of -5 holders.
- The largest First Trust Horizon Managed Volatility Developed International ETF buyer in Q1 2025 was Citadel Advisors, an estimated $898K added.
- The largest First Trust Horizon Managed Volatility Developed International ETF seller in Q1 2025 was Brinker Capital Investments, an estimated $1.05M sold.
Based on aggregated 13F filings for Q1 2025.