First Trust Indxx Aerospace & Defense ETF
MISL
49 hedge funds and large institutions have $81.4M invested in First Trust Indxx Aerospace & Defense ETF in 2025 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 13 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
77% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 13
16% more capital invested
Capital invested by funds: $70.2M → $81.4M (+$11.2M)
14% more funds holding
Funds holding: 43 → 49 (+6)
3.33% more ownership
Funds ownership: 62.11% → 65.44% (+3.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
+$10.6M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$2.89M |
| 3 |
GAA
Global Assets Advisory
Orlando,
Florida
|
+$2.15M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.9M |
| 5 |
CIAS
Capital Investment Advisory Services
Raleigh,
North Carolina
|
+$870K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$5.9M |
| 2 |
OL
Owen LaRue
Elizabethtown,
Kentucky
|
-$1.01M |
| 3 |
TCM
Triumph Capital Management
Denver,
Colorado
|
-$886K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$551K |
| 5 |
BFWM
Bright Futures Wealth Management
Webster, Ny 14580,
New York
|
-$509K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AFG
51
Atomi Financial Group
New York
| – | -$499K | -16,393 | Closed |
|
52
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$419K | -13,751 | Closed |
|
|
JIP
53
Jaffetilchin Investment Partners
Tampa,
Florida
| – | -$355K | -11,673 | Closed |
|
MISL Hedge Fund Activity: Q1 2025 in Review
49 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx Aerospace & Defense ETF (MISL) for Q1 2025, worth a combined $81.4M — up 16% from $70.2M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MISL positions and 4 closed out — a net gain of 6 holders — while 23 added to existing stakes and 13 trimmed.
The largest buyer was MML Investors Services, opening a new position worth an estimated $10.6M. The largest seller was LPL Financial, cutting an estimated $5.9M.
- 49 institutional investors held First Trust Indxx Aerospace & Defense ETF (MISL) as of Q1 2025, up from 43 in Q4 2024.
- Funds reported $81.4M of First Trust Indxx Aerospace & Defense ETF stock for Q1 2025, up 16% quarter-over-quarter.
- 10 funds opened new First Trust Indxx Aerospace & Defense ETF positions in Q1 2025 and 4 closed out, a net change of +6 holders.
- The largest First Trust Indxx Aerospace & Defense ETF buyer in Q1 2025 was MML Investors Services, an estimated $10.6M added.
- The largest First Trust Indxx Aerospace & Defense ETF seller in Q1 2025 was LPL Financial, an estimated $5.9M sold.
Based on aggregated 13F filings for Q1 2025.