FT Vest S&P 500 Dividend Aristocrats Target Income ETF
147 hedge funds and large institutions have $487M invested in FT Vest S&P 500 Dividend Aristocrats Target Income ETF in 2023 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 74 increasing their positions, 31 reducing their positions, and 10 closing their positions.
180% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 10
139% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 31
29% more capital invested
Capital invested by funds: $378M → $487M (+$109M)
11% more funds holding
Funds holding: 133 → 147 (+14)
3.31% more ownership
Funds ownership: 65.02% → 68.33% (+3.3%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $400K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$14.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$11.6M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$11.3M |
| 4 |
LPL Financial
San Diego,
California
|
+$11.2M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$9.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.04M |
| 2 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$1.88M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$543K |
| 4 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$495K |
| 5 |
MA
Mutual Advisors
Omaha,
Nebraska
|
-$405K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
151
Advisory Services Network
Atlanta,
Georgia
| – | -$44K | -856 | Closed |
|
|
WP
152
WealthPLAN Partners
Omaha,
Nebraska
| – | -$20.8K | -404 | Closed |
|
|
CSPAM
153
Cary Street Partners Asset Management
Richmond,
Virginia
| – | -$12.6K | -245 | Closed |
|
154
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$4.58K | -89 | Closed |
|
|
GI
155
Gradient Investments
Arden Hills,
Minnesota
| – | -$3.09K | -60 | Closed |
|
|
BAM
156
Belpointe Asset Management
Reno,
Nevada
| – | -$2.47K | -48 | Closed |
|
|
AFS
157
Annapolis Financial Services
Annapolis,
Maryland
| – | -$721 | -14 | Closed |
|
KNG Hedge Fund Activity: Q2 2023 in Review
147 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) for Q2 2023, worth a combined $487M — up 29% from $378M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new KNG positions and 10 closed out — a net gain of 18 holders — while 74 added to existing stakes and 31 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $14.2M. The largest seller was Royal Bank of Canada, cutting an estimated $3.04M.
- 147 institutional investors held FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) as of Q2 2023, up from 133 in Q1 2023.
- Funds reported $487M of FT Vest S&P 500 Dividend Aristocrats Target Income ETF stock for Q2 2023, up 29% quarter-over-quarter.
- 28 funds opened new FT Vest S&P 500 Dividend Aristocrats Target Income ETF positions in Q2 2023 and 10 closed out, a net change of +18 holders.
- The largest FT Vest S&P 500 Dividend Aristocrats Target Income ETF buyer in Q2 2023 was Morgan Stanley, an estimated $14.2M added.
- The largest FT Vest S&P 500 Dividend Aristocrats Target Income ETF seller in Q2 2023 was Royal Bank of Canada, an estimated $3.04M sold.
Based on aggregated 13F filings for Q2 2023.