First Trust Rising Dividend Achievers ETF
RDVY
407 hedge funds and large institutions have $5.48B invested in First Trust Rising Dividend Achievers ETF in 2022 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 207 increasing their positions, 136 reducing their positions, and 51 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 207 | Existing positions reduced: 136
0.85% less ownership
Funds ownership: 69.6% → 68.75% (-0.85%)
5% less funds holding
Funds holding: 427 → 407 (-20)
8% less funds holding in top 10
Funds holding in top 10: 52 → 48 (-4)
18% less capital invested
Capital invested by funds: $6.7B → $5.48B (-$1.22B)
33% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$42.3M |
| 2 |
FTS
Fifth Third Securities
Cincinnati,
Ohio
|
+$34.5M |
| 3 |
LPL Financial
San Diego,
California
|
+$25.1M |
| 4 |
GWANC
Guardian Wealth Advisors (North Carolina)
Raleigh,
North Carolina
|
+$15M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$11.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$52.6M |
| 2 |
ODFS
O'Donnell Financial Services
San Rafael,
California
|
-$35M |
| 3 |
IFG
Independent Financial Group
San Diego,
California
|
-$30.5M |
| 4 |
Morgan Stanley
New York
|
-$29.8M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$28.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
451
Bessemer Group
Woodbridge,
New Jersey
| – | -$37K | -745 | Closed |
|
|
FFA
452
Freedman Financial Associates
Peabody,
Massachusetts
| – | -$20K | -409 | Closed |
|
|
MAM
453
Meeder Asset Management
Dublin,
Ohio
| – | -$14K | -292 | Closed |
|
|
BBHC
454
Brown Brothers Harriman & Co
New York
| – | -$11K | -234 | Closed |
|
|
OIA
455
Optimum Investment Advisors
Chicago,
Illinois
| – | -$11K | -224 | Closed |
|
|
SL
456
Savior LLC
Wellesley Hills,
Massachusetts
| – | -$10K | -202 | Closed |
|
|
SCA
457
Stonebridge Capital Advisors
St Paul,
Minnesota
| – | -$10K | -195 | Closed |
|
|
LAS
458
Lloyd Advisory Services
Suwanee,
Georgia
| – | -$7K | -144 | Closed |
|
RDVY Hedge Fund Activity: Q2 2022 in Review
407 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in First Trust Rising Dividend Achievers ETF (RDVY) for Q2 2022, worth a combined $5.48B — down 18% from $6.7B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of RDVY and 34 opened new positions — a net loss of 17 holders — while 136 trimmed existing stakes and 207 added.
The largest buyer was Ameriprise, adding an estimated $42.3M. The largest seller was Wells Fargo, cutting an estimated $52.6M.
- 407 institutional investors held First Trust Rising Dividend Achievers ETF (RDVY) as of Q2 2022, down from 427 in Q1 2022.
- Funds reported $5.48B of First Trust Rising Dividend Achievers ETF stock for Q2 2022, down 18% quarter-over-quarter.
- 34 funds opened new First Trust Rising Dividend Achievers ETF positions in Q2 2022 and 51 closed out, a net change of -17 holders.
- The largest First Trust Rising Dividend Achievers ETF buyer in Q2 2022 was Ameriprise, an estimated $42.3M added.
- The largest First Trust Rising Dividend Achievers ETF seller in Q2 2022 was Wells Fargo, an estimated $52.6M sold.
Based on aggregated 13F filings for Q2 2022.