First Trust Indxx Aerospace & Defense ETF
MISL
58 hedge funds and large institutions have $135M invested in First Trust Indxx Aerospace & Defense ETF in 2025 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 25 increasing their positions, 13 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
92% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 13
26% more capital invested
Capital invested by funds: $107M → $135M (+$28.4M)
9% more funds holding
Funds holding: 53 → 58 (+5)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.07% less ownership
Funds ownership: 68.16% → 66.09% (-2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$3.03M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
+$2.99M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$1.84M |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$1.66M |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
+$1.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCFM
Clear Creek Financial Management
Silverdale,
Washington
|
-$1.21M |
| 2 |
TAP
Tounjian Advisory Partners
Fort Myers,
Florida
|
-$1.21M |
| 3 |
SWGC
Summit Wealth Group (Colorado)
Colorado Springs,
Colorado
|
-$527K |
| 4 |
Jane Street
New York
|
-$362K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$201K |
MISL Hedge Fund Activity: Q3 2025 in Review
58 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx Aerospace & Defense ETF (MISL) for Q3 2025, worth a combined $135M — up 26% from $107M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MISL positions and 6 closed out — a net gain of 6 holders — while 25 added to existing stakes and 13 trimmed.
The largest buyer was LPL Financial, adding an estimated $3.03M. The largest seller was Clear Creek Financial Management, cutting an estimated $1.21M.
- 58 institutional investors held First Trust Indxx Aerospace & Defense ETF (MISL) as of Q3 2025, up from 53 in Q2 2025.
- Funds reported $135M of First Trust Indxx Aerospace & Defense ETF stock for Q3 2025, up 26% quarter-over-quarter.
- 12 funds opened new First Trust Indxx Aerospace & Defense ETF positions in Q3 2025 and 6 closed out, a net change of +6 holders.
- The largest First Trust Indxx Aerospace & Defense ETF buyer in Q3 2025 was LPL Financial, an estimated $3.03M added.
- The largest First Trust Indxx Aerospace & Defense ETF seller in Q3 2025 was Clear Creek Financial Management, an estimated $1.21M sold.
Based on aggregated 13F filings for Q3 2025.