First Trust Horizon Managed Volatility Small/Mid ETF
HSMV
15 hedge funds and large institutions have $23.2M invested in First Trust Horizon Managed Volatility Small/Mid ETF in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
23% more capital invested
Capital invested by funds: $18.8M → $23.2M (+$4.4M)
7% more funds holding
Funds holding: 14 → 15 (+1)
4.14% more ownership
Funds ownership: 121.12% → 125.27% (+4.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$3.45M |
| 2 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$1.31M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$133K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$123K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$65.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$298K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$185K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$13K |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
-$11.1K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$7.59K |
HSMV Hedge Fund Activity: Q1 2023 in Review
15 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) for Q1 2023, worth a combined $23.2M — up 23% from $18.8M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new HSMV positions and 2 closed out — a net gain of 1 holder — while 8 added to existing stakes and 4 trimmed.
The largest buyer was LPL Financial, opening a new position worth an estimated $3.45M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $298K.
- 15 institutional investors held First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) as of Q1 2023, up from 14 in Q4 2022.
- Funds reported $23.2M of First Trust Horizon Managed Volatility Small/Mid ETF stock for Q1 2023, up 23% quarter-over-quarter.
- 3 funds opened new First Trust Horizon Managed Volatility Small/Mid ETF positions in Q1 2023 and 2 closed out, a net change of +1 holder.
- The largest First Trust Horizon Managed Volatility Small/Mid ETF buyer in Q1 2023 was LPL Financial, an estimated $3.45M added.
- The largest First Trust Horizon Managed Volatility Small/Mid ETF seller in Q1 2023 was Cambridge Investment Research Advisors, an estimated $298K sold.
Based on aggregated 13F filings for Q1 2023.