FT Vest S&P 500 Dividend Aristocrats Target Income ETF
235 hedge funds and large institutions have $1.36B invested in FT Vest S&P 500 Dividend Aristocrats Target Income ETF in 2023 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 115 increasing their positions, 41 reducing their positions, and 15 closing their positions.
333% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 15
180% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 41
80% more funds holding in top 10
Funds holding in top 10: 5 → 9 (+4)
47% more capital invested
Capital invested by funds: $925M → $1.36B (+$436M)
26% more funds holding
Funds holding: 186 → 235 (+49)
0.52% less ownership
Funds ownership: 72.06% → 71.55% (-0.52%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$43.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$41.8M |
| 3 |
LPL Financial
San Diego,
California
|
+$33.6M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$23.7M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$22.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
RiverTree Advisors
Winter Park,
Florida
|
-$6.56M |
| 2 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
-$6.16M |
| 3 |
US Bancorp
Minneapolis,
Minnesota
|
-$4.02M |
| 4 |
CAM
Concorde Asset Management
Ann Arbor,
Michigan
|
-$2.5M |
| 5 |
KA
Kure Advisory
Plymouth,
Minnesota
|
-$1.86M |
KNG Hedge Fund Activity: Q4 2023 in Review
235 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) for Q4 2023, worth a combined $1.36B — up 47% from $925M a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new KNG positions and 15 closed out — a net gain of 50 holders — while 115 added to existing stakes and 41 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $43.3M. The largest seller was RiverTree Advisors, exiting entirely with an estimated $6.56M sold.
- 235 institutional investors held FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) as of Q4 2023, up from 186 in Q3 2023.
- Funds reported $1.36B of FT Vest S&P 500 Dividend Aristocrats Target Income ETF stock for Q4 2023, up 47% quarter-over-quarter.
- 65 funds opened new FT Vest S&P 500 Dividend Aristocrats Target Income ETF positions in Q4 2023 and 15 closed out, a net change of +50 holders.
- The largest FT Vest S&P 500 Dividend Aristocrats Target Income ETF buyer in Q4 2023 was Morgan Stanley, an estimated $43.3M added.
- The largest FT Vest S&P 500 Dividend Aristocrats Target Income ETF seller in Q4 2023 was RiverTree Advisors, an estimated $6.56M sold.
Based on aggregated 13F filings for Q4 2023.