First Trust Indxx Medical Devices ETF
MDEV
6 hedge funds and large institutions have $1.07M invested in First Trust Indxx Medical Devices ETF in 2025 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 2 closing their positions.
14% less funds holding
Funds holding: 7 → 6 (-1)
17.14% less ownership
Funds ownership: 70.09% → 52.95% (-17%)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
51% less capital invested
Capital invested by funds: $2.16M → $1.07M (-$1.09M)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$481K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.74K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GT
Glenview Trust
Louisville,
Kentucky
|
-$758K |
| 2 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
-$591K |
| 3 |
Jane Street
New York
|
-$183K |
| 4 |
HI
Harbour Investments
Madison,
Wisconsin
|
-$26.9K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.45K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
1
Virtu Financial
New York
| $459K | +$481K | +22,784 | New |
|
|
2
Jane Street
New York
| $303K | -$183K | -8,651 | -36% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $218K | -$5.45K | -258 | -2% |
|
|
AAP
4
Arax Advisory Partners
Denver,
Colorado
| $42K | -$591K | -28,021 | -93% |
|
5
Osaic Holdings
Scottsdale,
Arizona
| $28.3K | – | – | – |
|
|
6
UBS Group
Zurich,
Switzerland
| $15.9K | +$2.74K | +130 | +20% |
|
|
GT
7
Glenview Trust
Louisville,
Kentucky
| – | -$758K | -36,870 | Closed |
|
|
HI
8
Harbour Investments
Madison,
Wisconsin
| – | -$26.9K | -1,302 | Closed |
|
MDEV Hedge Fund Activity: Q1 2025 in Review
6 of the 7,466 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx Medical Devices ETF (MDEV) for Q1 2025, worth a combined $1.07M — down 51% from $2.16M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of MDEV and 1 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 1 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $481K. The largest seller was Glenview Trust, exiting entirely with an estimated $758K sold.
- 6 institutional investors held First Trust Indxx Medical Devices ETF (MDEV) as of Q1 2025, down from 7 in Q4 2024.
- Funds reported $1.07M of First Trust Indxx Medical Devices ETF stock for Q1 2025, down 51% quarter-over-quarter.
- 1 fund opened new First Trust Indxx Medical Devices ETF positions in Q1 2025 and 2 closed out, a net change of -1 holder.
- The largest First Trust Indxx Medical Devices ETF buyer in Q1 2025 was Virtu Financial, an estimated $481K added.
- The largest First Trust Indxx Medical Devices ETF seller in Q1 2025 was Glenview Trust, an estimated $758K sold.
Based on aggregated 13F filings for Q1 2025.