FT Vest S&P 500 Dividend Aristocrats Target Income ETF
186 hedge funds and large institutions have $925M invested in FT Vest S&P 500 Dividend Aristocrats Target Income ETF in 2023 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 103 increasing their positions, 24 reducing their positions, and 14 closing their positions.
329% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 24
271% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 14
89% more capital invested
Capital invested by funds: $491M → $925M (+$435M)
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
26% more funds holding
Funds holding: 148 → 186 (+38)
3.15% more ownership
Funds ownership: 68.91% → 72.06% (+3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$91.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$67.6M |
| 3 |
LPL Financial
San Diego,
California
|
+$46.9M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$33.2M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$19.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPIA
Steward Partners Investment Advisory
New York
|
-$1.49M |
| 2 |
Jane Street
New York
|
-$1.48M |
| 3 |
Cerity Partners
New York
|
-$1.13M |
| 4 |
GS
GTS Securities
Miami,
Florida
|
-$1.06M |
| 5 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
-$365K |
KNG Hedge Fund Activity: Q3 2023 in Review
186 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) for Q3 2023, worth a combined $925M — up 89% from $491M a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new KNG positions and 14 closed out — a net gain of 38 holders — while 103 added to existing stakes and 24 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $91.3M. The largest seller was Steward Partners Investment Advisory, cutting an estimated $1.49M.
- 186 institutional investors held FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) as of Q3 2023, up from 148 in Q2 2023.
- Funds reported $925M of FT Vest S&P 500 Dividend Aristocrats Target Income ETF stock for Q3 2023, up 89% quarter-over-quarter.
- 52 funds opened new FT Vest S&P 500 Dividend Aristocrats Target Income ETF positions in Q3 2023 and 14 closed out, a net change of +38 holders.
- The largest FT Vest S&P 500 Dividend Aristocrats Target Income ETF buyer in Q3 2023 was Morgan Stanley, an estimated $91.3M added.
- The largest FT Vest S&P 500 Dividend Aristocrats Target Income ETF seller in Q3 2023 was Steward Partners Investment Advisory, an estimated $1.49M sold.
Based on aggregated 13F filings for Q3 2023.