Sound Equity Dividend Income ETF
DIVY
6 hedge funds and large institutions have $20.1M invested in Sound Equity Dividend Income ETF in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 3 closing their positions.
7% more capital invested
Capital invested by funds: $18.8M → $20.1M (+$1.29M)
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
0.61% less ownership
Funds ownership: 83.25% → 82.64% (-0.61%)
25% less funds holding
Funds holding: 8 → 6 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$703K |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$469K |
| 3 |
SIM
Stratos Investment Management
Beachwood,
Ohio
|
+$248K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LWA
Lineweaver Wealth Advisors
Valley View,
Ohio
|
-$23.4K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$12.3K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$4K |
| 4 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
-$3.06K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$26 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIS
1
Sound Income Strategies
Ft Lauderdale,
Florida
| $17.9M | +$703K | +26,821 | +4% |
|
|
CAN
2
Cetera Advisor Networks
El Segundo,
California
| $1.23M | +$469K | +17,910 | +60% |
|
|
LWA
3
Lineweaver Wealth Advisors
Valley View,
Ohio
| $707K | -$23.4K | -895 | -3% |
|
|
SIM
4
Stratos Investment Management
Beachwood,
Ohio
| $242K | +$248K | +9,453 | New |
|
|
HI
5
Harbour Investments
Madison,
Wisconsin
| $4.09K | – | – | – |
|
|
6
UBS Group
Zurich,
Switzerland
| $2.69K | -$12.3K | -468 | -82% |
|
|
IA
7
IFP Advisors
Tampa,
Florida
| – | -$4K | -192 | Closed |
|
|
CFGS
8
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$3.06K | -117 | Closed |
|
|
9
Fidelity Investments
Boston,
Massachusetts
| – | -$26 | -1 | Closed |
|
DIVY Hedge Fund Activity: Q1 2023 in Review
6 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Sound Equity Dividend Income ETF (DIVY) for Q1 2023, worth a combined $20.1M — up 6.8% from $18.8M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of DIVY and 1 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 2 added.
The largest buyer was Sound Income Strategies, adding an estimated $703K. The largest seller was Lineweaver Wealth Advisors, cutting an estimated $23.4K.
- 6 institutional investors held Sound Equity Dividend Income ETF (DIVY) as of Q1 2023, down from 8 in Q4 2022.
- Funds reported $20.1M of Sound Equity Dividend Income ETF stock for Q1 2023, up 6.8% quarter-over-quarter.
- 1 fund opened new Sound Equity Dividend Income ETF positions in Q1 2023 and 3 closed out, a net change of -2 holders.
- The largest Sound Equity Dividend Income ETF buyer in Q1 2023 was Sound Income Strategies, an estimated $703K added.
- The largest Sound Equity Dividend Income ETF seller in Q1 2023 was Lineweaver Wealth Advisors, an estimated $23.4K sold.
Based on aggregated 13F filings for Q1 2023.