First Trust Indxx Medical Devices ETF
MDEV
7 hedge funds and large institutions have $1.23M invested in First Trust Indxx Medical Devices ETF in 2023 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 1 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
15% more capital invested
Capital invested by funds: $1.07M → $1.23M (+$157K)
0.73% more ownership
Funds ownership: 12.66% → 13.39% (+0.73%)
13% less funds holding
Funds holding: 8 → 7 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Harbour Investments
Madison,
Wisconsin
|
+$90.8K |
| 2 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
+$23.7K |
| 3 |
Jane Street
New York
|
+$11.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
-$47.9K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$8.69K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$4.64K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $802K | +$11.9K | +603 | +2% |
|
|
2
Citadel Advisors
Miami,
Florida
| $240K | -$8.69K | -440 | -4% |
|
|
HI
3
Harbour Investments
Madison,
Wisconsin
| $97.1K | +$90.8K | +4,598 | +2,705% |
|
|
BAAM
4
Baker Avenue Asset Management
San Francisco,
California
| $33K | -$47.9K | -2,427 | -60% |
|
|
AAP
5
Arax Advisory Partners
Denver,
Colorado
| $26.9K | +$23.7K | +1,201 | +993% |
|
6
Osaic Holdings
Scottsdale,
Arizona
| $19.9K | – | – | – |
|
|
JAWM
7
J. Arnold Wealth Management
Youngstown,
Ohio
| $7.65K | – | – | – |
|
|
8
UBS Group
Zurich,
Switzerland
| – | -$4.64K | -247 | Closed |
|
MDEV Hedge Fund Activity: Q1 2023 in Review
7 of the 6,279 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx Medical Devices ETF (MDEV) for Q1 2023, worth a combined $1.23M — up 15% from $1.07M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of MDEV and 0 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 3 added.
The largest buyer was Harbour Investments, adding an estimated $90.8K. The largest seller was Baker Avenue Asset Management, cutting an estimated $47.9K.
- 7 institutional investors held First Trust Indxx Medical Devices ETF (MDEV) as of Q1 2023, down from 8 in Q4 2022.
- Funds reported $1.23M of First Trust Indxx Medical Devices ETF stock for Q1 2023, up 15% quarter-over-quarter.
- 0 funds opened new First Trust Indxx Medical Devices ETF positions in Q1 2023 and 1 closed out, a net change of -1 holder.
- The largest First Trust Indxx Medical Devices ETF buyer in Q1 2023 was Harbour Investments, an estimated $90.8K added.
- The largest First Trust Indxx Medical Devices ETF seller in Q1 2023 was Baker Avenue Asset Management, an estimated $47.9K sold.
Based on aggregated 13F filings for Q1 2023.