First Trust Indxx Medical Devices ETF
MDEV
5 hedge funds and large institutions have $1.34M invested in First Trust Indxx Medical Devices ETF in 2023 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, reducing their positions, and 2 closing their positions.
265% more capital invested
Capital invested by funds: $368K → $1.34M (+$974K)
39.72% more ownership
Funds ownership: 4.58% → 44.29% (+40%)
17% less funds holding
Funds holding: 6 → 5 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GT
Glenview Trust
Louisville,
Kentucky
|
+$669K |
| 2 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
+$156K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$25.5K |
| 4 |
BCM
Brasada Capital Management
Houston,
Texas
|
+$12.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
-$29.2K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GT
1
Glenview Trust
Louisville,
Kentucky
| $745K | +$669K | +36,870 | New |
|
|
BCM
2
Brasada Capital Management
Houston,
Texas
| $255K | +$12.9K | +712 | +6% |
|
|
AAP
3
Arax Advisory Partners
Denver,
Colorado
| $239K | +$156K | +8,574 | +262% |
|
|
HI
4
Harbour Investments
Madison,
Wisconsin
| $54.9K | – | – | – |
|
|
5
Osaic Holdings
Scottsdale,
Arizona
| $48.2K | +$25.5K | +1,405 | +143% |
|
|
BAAM
6
Baker Avenue Asset Management
San Francisco,
California
| – | -$29.2K | -1,621 | Closed |
|
|
7
UBS Group
Zurich,
Switzerland
| – | -$1.8K | -100 | Closed |
|
MDEV Hedge Fund Activity: Q4 2023 in Review
5 of the 6,865 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx Medical Devices ETF (MDEV) for Q4 2023, worth a combined $1.34M — up 265% from $368K a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of MDEV and 1 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 3 added.
The largest buyer was Glenview Trust, opening a new position worth an estimated $669K. The largest seller was Baker Avenue Asset Management, exiting entirely with an estimated $29.2K sold.
- 5 institutional investors held First Trust Indxx Medical Devices ETF (MDEV) as of Q4 2023, down from 6 in Q3 2023.
- Funds reported $1.34M of First Trust Indxx Medical Devices ETF stock for Q4 2023, up 265% quarter-over-quarter.
- 1 fund opened new First Trust Indxx Medical Devices ETF positions in Q4 2023 and 2 closed out, a net change of -1 holder.
- The largest First Trust Indxx Medical Devices ETF buyer in Q4 2023 was Glenview Trust, an estimated $669K added.
- The largest First Trust Indxx Medical Devices ETF seller in Q4 2023 was Baker Avenue Asset Management, an estimated $29.2K sold.
Based on aggregated 13F filings for Q4 2023.