First Trust Indxx Aerospace & Defense ETF
MISL
53 hedge funds and large institutions have $107M invested in First Trust Indxx Aerospace & Defense ETF in 2025 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 19 increasing their positions, 17 reducing their positions, and 5 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
32% more capital invested
Capital invested by funds: $81.4M → $107M (+$25.7M)
12% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 17
8% more funds holding
Funds holding: 49 → 53 (+4)
2.72% more ownership
Funds ownership: 65.44% → 68.16% (+2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
+$5.22M |
| 2 |
CCFM
Clear Creek Financial Management
Silverdale,
Washington
|
+$1.55M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$1.26M |
| 4 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$911K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$817K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAA
Global Assets Advisory
Orlando,
Florida
|
-$1.47M |
| 2 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$1.24M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.05M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$736K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$658K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LFG
51
Larson Financial Group
St Louis,
Missouri
| $4.87K | – | – | – |
|
|
T
52
Tidemark
San Diego,
California
| $4.74K | -$5.42K | -164 | -56% |
|
53
Morgan Stanley
New York
| $46 | – | – | – |
|
|
54
Citadel Advisors
Miami,
Florida
| – | -$1.05M | -34,705 | Closed |
|
|
WS
55
Wedbush Securities
Los Angeles,
California
| – | -$228K | -7,524 | Closed |
|
|
VCM
56
Virtue Capital Management
Brentwood,
Tennessee
| – | -$211K | -6,957 | Closed |
|
|
SWM
57
Spire Wealth Management
Mclean,
Virginia
| – | -$130K | -4,279 | Closed |
|
58
Fidelity Investments
Boston,
Massachusetts
| – | -$3.65K | -120 | Closed |
|
MISL Hedge Fund Activity: Q2 2025 in Review
53 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx Aerospace & Defense ETF (MISL) for Q2 2025, worth a combined $107M — up 32% from $81.4M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MISL positions and 5 closed out — a net gain of 5 holders — while 19 added to existing stakes and 17 trimmed.
The largest buyer was Raymond James Financial, adding an estimated $5.22M. The largest seller was Global Assets Advisory, cutting an estimated $1.47M.
- 53 institutional investors held First Trust Indxx Aerospace & Defense ETF (MISL) as of Q2 2025, up from 49 in Q1 2025.
- Funds reported $107M of First Trust Indxx Aerospace & Defense ETF stock for Q2 2025, up 32% quarter-over-quarter.
- 10 funds opened new First Trust Indxx Aerospace & Defense ETF positions in Q2 2025 and 5 closed out, a net change of +5 holders.
- The largest First Trust Indxx Aerospace & Defense ETF buyer in Q2 2025 was Raymond James Financial, an estimated $5.22M added.
- The largest First Trust Indxx Aerospace & Defense ETF seller in Q2 2025 was Global Assets Advisory, an estimated $1.47M sold.
Based on aggregated 13F filings for Q2 2025.