FT Vest S&P 500 Dividend Aristocrats Target Income ETF
271 hedge funds and large institutions have $1.79B invested in FT Vest S&P 500 Dividend Aristocrats Target Income ETF in 2024 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 152 increasing their positions, 60 reducing their positions, and 20 closing their positions.
153% more repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 60
80% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 20
5% more funds holding
Funds holding: 259 → 271 (+12)
1% more capital invested
Capital invested by funds: $1.78B → $1.79B (+$10.9M)
4.38% less ownership
Funds ownership: 69.4% → 65.02% (-4.4%)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFC
Strategic Financial Concepts
San Antonio,
Texas
|
+$39.9M |
| 2 |
LPL Financial
San Diego,
California
|
+$36.9M |
| 3 |
Morgan Stanley
New York
|
+$24.8M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$11.6M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$11.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPGK
Financial Partners Group (Kansas)
Overland Park,
Kansas
|
-$8.11M |
| 2 |
GAA
Global Assets Advisory
Orlando,
Florida
|
-$7.53M |
| 3 |
M1FG
Mach-1 Financial Group
Rogers,
Arkansas
|
-$5.89M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$3.95M |
| 5 |
BIM
Bullseye Investment Management
Cincinnati,
Ohio
|
-$3.7M |
KNG Hedge Fund Activity: Q2 2024 in Review
271 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) for Q2 2024, worth a combined $1.79B — up 0.61% from $1.78B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new KNG positions and 20 closed out — a net gain of 16 holders — while 152 added to existing stakes and 60 trimmed.
The largest buyer was Strategic Financial Concepts, adding an estimated $39.9M. The largest seller was Financial Partners Group (Kansas), cutting an estimated $8.11M.
- 271 institutional investors held FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) as of Q2 2024, up from 259 in Q1 2024.
- Funds reported $1.79B of FT Vest S&P 500 Dividend Aristocrats Target Income ETF stock for Q2 2024, up 0.61% quarter-over-quarter.
- 36 funds opened new FT Vest S&P 500 Dividend Aristocrats Target Income ETF positions in Q2 2024 and 20 closed out, a net change of +16 holders.
- The largest FT Vest S&P 500 Dividend Aristocrats Target Income ETF buyer in Q2 2024 was Strategic Financial Concepts, an estimated $39.9M added.
- The largest FT Vest S&P 500 Dividend Aristocrats Target Income ETF seller in Q2 2024 was Financial Partners Group (Kansas), an estimated $8.11M sold.
Based on aggregated 13F filings for Q2 2024.