FT Vest S&P 500 Dividend Aristocrats Target Income ETF
259 hedge funds and large institutions have $1.78B invested in FT Vest S&P 500 Dividend Aristocrats Target Income ETF in 2024 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 146 increasing their positions, 54 reducing their positions, and 16 closing their positions.
170% more repeat investments, than reductions
Existing positions increased: 146 | Existing positions reduced: 54
163% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 16
18% more capital invested
Capital invested by funds: $1.51B → $1.78B (+$269M)
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
11% more funds holding
Funds holding: 234 → 259 (+25)
9.86% less ownership
Funds ownership: 79.27% → 69.4% (-9.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$45.8M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$31.7M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$26.1M |
| 4 |
LPL Financial
San Diego,
California
|
+$21.8M |
| 5 |
GAA
Global Assets Advisory
Orlando,
Florida
|
+$20.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$100M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$7.55M |
| 3 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$5.12M |
| 4 |
CCM
Cullen Capital Management
New York
|
-$4.32M |
| 5 |
BI
Bramshill Investments
Naples,
Florida
|
-$3.18M |
KNG Hedge Fund Activity: Q1 2024 in Review
259 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) for Q1 2024, worth a combined $1.78B — up 18% from $1.51B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new KNG positions and 16 closed out — a net gain of 26 holders — while 146 added to existing stakes and 54 trimmed.
The largest buyer was Wells Fargo, adding an estimated $45.8M. The largest seller was Morgan Stanley, cutting an estimated $100M.
- 259 institutional investors held FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) as of Q1 2024, up from 234 in Q4 2023.
- Funds reported $1.78B of FT Vest S&P 500 Dividend Aristocrats Target Income ETF stock for Q1 2024, up 18% quarter-over-quarter.
- 42 funds opened new FT Vest S&P 500 Dividend Aristocrats Target Income ETF positions in Q1 2024 and 16 closed out, a net change of +26 holders.
- The largest FT Vest S&P 500 Dividend Aristocrats Target Income ETF buyer in Q1 2024 was Wells Fargo, an estimated $45.8M added.
- The largest FT Vest S&P 500 Dividend Aristocrats Target Income ETF seller in Q1 2024 was Morgan Stanley, an estimated $100M sold.
Based on aggregated 13F filings for Q1 2024.