FT Vest S&P 500 Dividend Aristocrats Target Income ETF
KNG
133 hedge funds and large institutions have $378M invested in FT Vest S&P 500 Dividend Aristocrats Target Income ETF in 2023 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 62 increasing their positions, 33 reducing their positions, and 13 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 33
77% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 13
8% more funds holding
Funds holding: 123 → 133 (+10)
8% more capital invested
Capital invested by funds: $351M → $378M (+$27.3M)
0.85% more ownership
Funds ownership: 64.17% → 65.02% (+0.85%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$4.49M |
| 2 |
PAG
Private Advisory Group
Redmond,
Washington
|
+$2.28M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.99M |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$1.97M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG
StoneX Group
New York
|
-$3.53M |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$2.66M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
-$1.57M |
| 4 |
AA
Altman Advisors
Chicago,
Illinois
|
-$1.42M |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$1.13M |
KNG Hedge Fund Activity: Q1 2023 in Review
133 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) for Q1 2023, worth a combined $378M — up 7.8% from $351M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new KNG positions and 13 closed out — a net gain of 10 holders — while 62 added to existing stakes and 33 trimmed.
The largest buyer was LPL Financial, adding an estimated $4.49M. The largest seller was StoneX Group, exiting entirely with an estimated $3.53M sold.
- 133 institutional investors held FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) as of Q1 2023, up from 123 in Q4 2022.
- Funds reported $378M of FT Vest S&P 500 Dividend Aristocrats Target Income ETF stock for Q1 2023, up 7.8% quarter-over-quarter.
- 23 funds opened new FT Vest S&P 500 Dividend Aristocrats Target Income ETF positions in Q1 2023 and 13 closed out, a net change of +10 holders.
- The largest FT Vest S&P 500 Dividend Aristocrats Target Income ETF buyer in Q1 2023 was LPL Financial, an estimated $4.49M added.
- The largest FT Vest S&P 500 Dividend Aristocrats Target Income ETF seller in Q1 2023 was StoneX Group, an estimated $3.53M sold.
Based on aggregated 13F filings for Q1 2023.