First Trust Rising Dividend Achievers ETF
RDVY
432 hedge funds and large institutions have $5.45B invested in First Trust Rising Dividend Achievers ETF in 2023 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 169 increasing their positions, 194 reducing their positions, and 26 closing their positions.
27% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 26
1.16% more ownership
Funds ownership: 67.44% → 68.6% (+1.2%)
3% more capital invested
Capital invested by funds: $5.28B → $5.45B (+$173M)
0% more funds holding
Funds holding: 432 → 432 (0)
9% less funds holding in top 10
Funds holding in top 10: 44 → 40 (-4)
13% less repeat investments, than reductions
Existing positions increased: 169 | Existing positions reduced: 194
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$16.9M |
| 2 |
LPL Financial
San Diego,
California
|
+$11.9M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$10.3M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$9.24M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$7.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$31M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$24.4M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$17.9M |
| 4 |
Mercer Global Advisors
Denver,
Colorado
|
-$13.2M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BAM
451
Belpointe Asset Management
Reno,
Nevada
| – | -$154K | -3,435 | Closed |
|
452
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$56.8K | -1,266 | Closed |
|
|
VWM
453
Venturi Wealth Management
Austin,
Texas
| – | -$14.8K | -329 | Closed |
|
|
BTI
454
Blue Trust Inc
Alpharetta,
Georgia
| – | -$9K | -208 | Closed |
|
|
GI
455
Gradient Investments
Arden Hills,
Minnesota
| – | -$5.38K | -120 | Closed |
|
|
BC
456
Bartlett & Co
Cincinnati,
Ohio
| – | -$5K | -110 | Closed |
|
|
BCWM
457
Bartlett & Co Wealth Management
Cincinnati,
Ohio
| – | -$4.94K | -110 | Closed |
|
|
RTC
458
Riverview Trust Company
Vancouver,
Washington
| – | -$3.32K | -74 | Closed |
|
|
PCM
459
Pointe Capital Management
Grosse Pointe Farms,
Michigan
| – | -$2.51K | -56 | Closed |
|
|
FCAS
460
First Command Advisory Services
Fort Worth,
Texas
| – | +$7.37K | +163 | New |
|
RDVY Hedge Fund Activity: Q2 2023 in Review
432 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Rising Dividend Achievers ETF (RDVY) for Q2 2023, worth a combined $5.45B — up 3.3% from $5.28B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new RDVY positions and 26 closed out — a net gain of 7 holders — while 169 added to existing stakes and 194 trimmed.
The largest buyer was Thrivent Financial for Lutherans, adding an estimated $16.9M. The largest seller was Wells Fargo, cutting an estimated $31M.
- 432 institutional investors held First Trust Rising Dividend Achievers ETF (RDVY) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $5.45B of First Trust Rising Dividend Achievers ETF stock for Q2 2023, up 3.3% quarter-over-quarter.
- 33 funds opened new First Trust Rising Dividend Achievers ETF positions in Q2 2023 and 26 closed out, a net change of +7 holders.
- The largest First Trust Rising Dividend Achievers ETF buyer in Q2 2023 was Thrivent Financial for Lutherans, an estimated $16.9M added.
- The largest First Trust Rising Dividend Achievers ETF seller in Q2 2023 was Wells Fargo, an estimated $31M sold.
Based on aggregated 13F filings for Q2 2023.