Invesco S&P Ultra Dividend Revenue ETF
RDIV
120 hedge funds and large institutions have $348M invested in Invesco S&P Ultra Dividend Revenue ETF in 2023 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 55 increasing their positions, 29 reducing their positions, and 8 closing their positions.
90% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 29
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
3% more funds holding
Funds holding: 117 → 120 (+3)
0.47% more ownership
Funds ownership: 38.76% → 39.23% (+0.47%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
59% less capital invested
Capital invested by funds: $854M → $348M (-$506M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAS
SMI Advisory Services
Columbus,
Indiana
|
+$8.56M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.71M |
| 3 |
LPL Financial
San Diego,
California
|
+$2.37M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.02M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PS
Portfolio Strategies
Monsey,
New York
|
-$24.5M |
| 2 |
KWM
KFG Wealth Management
Granger,
Indiana
|
-$10.2M |
| 3 |
Morgan Stanley
New York
|
-$2.99M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$2.21M |
| 5 |
PIN
Prudent Investors Network
Lake Forest,
California
|
-$1.54M |
RDIV Hedge Fund Activity: Q1 2023 in Review
120 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P Ultra Dividend Revenue ETF (RDIV) for Q1 2023, worth a combined $348M — down 59% from $854M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new RDIV positions and 8 closed out — a net gain of 3 holders — while 55 added to existing stakes and 29 trimmed.
The largest buyer was SMI Advisory Services, opening a new position worth an estimated $8.56M. The largest seller was Portfolio Strategies, exiting entirely with an estimated $24.5M sold.
- 120 institutional investors held Invesco S&P Ultra Dividend Revenue ETF (RDIV) as of Q1 2023, up from 117 in Q4 2022.
- Funds reported $348M of Invesco S&P Ultra Dividend Revenue ETF stock for Q1 2023, down 59% quarter-over-quarter.
- 11 funds opened new Invesco S&P Ultra Dividend Revenue ETF positions in Q1 2023 and 8 closed out, a net change of +3 holders.
- The largest Invesco S&P Ultra Dividend Revenue ETF buyer in Q1 2023 was SMI Advisory Services, an estimated $8.56M added.
- The largest Invesco S&P Ultra Dividend Revenue ETF seller in Q1 2023 was Portfolio Strategies, an estimated $24.5M sold.
Based on aggregated 13F filings for Q1 2023.