First Trust Indxx Medical Devices ETF
MDEV
6 hedge funds and large institutions have $1.6M invested in First Trust Indxx Medical Devices ETF in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
20% more funds holding
Funds holding: 5 → 6 (+1)
19% more capital invested
Capital invested by funds: $1.34M → $1.6M (+$253K)
5.42% more ownership
Funds ownership: 44.29% → 49.72% (+5.4%)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$230K |
| 2 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
+$217K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.96K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brasada Capital Management
Houston,
Texas
|
-$255K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$20.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GT
1
Glenview Trust
Louisville,
Kentucky
| $789K | – | – | – |
|
|
AAP
2
Arax Advisory Partners
Denver,
Colorado
| $478K | +$217K | +10,514 | +89% |
|
|
3
Citadel Advisors
Miami,
Florida
| $238K | +$230K | +11,130 | New |
|
|
HI
4
Harbour Investments
Madison,
Wisconsin
| $58.2K | – | – | – |
|
|
5
Osaic Holdings
Scottsdale,
Arizona
| $30.1K | -$20.2K | -980 | -41% |
|
|
6
UBS Group
Zurich,
Switzerland
| $2.03K | +$1.96K | +95 | New |
|
|
BCM
7
Brasada Capital Management
Houston,
Texas
| – | -$255K | -12,625 | Closed |
|
MDEV Hedge Fund Activity: Q1 2024 in Review
6 of the 6,948 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx Medical Devices ETF (MDEV) for Q1 2024, worth a combined $1.6M — up 19% from $1.34M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new MDEV positions and 1 closed out — a net gain of 1 holder — while 1 added to existing stakes and 1 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $230K. The largest seller was Brasada Capital Management, exiting entirely with an estimated $255K sold.
- 6 institutional investors held First Trust Indxx Medical Devices ETF (MDEV) as of Q1 2024, up from 5 in Q4 2023.
- Funds reported $1.6M of First Trust Indxx Medical Devices ETF stock for Q1 2024, up 19% quarter-over-quarter.
- 2 funds opened new First Trust Indxx Medical Devices ETF positions in Q1 2024 and 1 closed out, a net change of +1 holder.
- The largest First Trust Indxx Medical Devices ETF buyer in Q1 2024 was Citadel Advisors, an estimated $230K added.
- The largest First Trust Indxx Medical Devices ETF seller in Q1 2024 was Brasada Capital Management, an estimated $255K sold.
Based on aggregated 13F filings for Q1 2024.