First Trust Rising Dividend Achievers ETF
RDVY
85 hedge funds and large institutions have $306M invested in First Trust Rising Dividend Achievers ETF in 2018 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 38 increasing their positions, 27 reducing their positions, and 9 closing their positions.
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
41% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 27
6% more funds holding
Funds holding: 80 → 85 (+5)
2.62% less ownership
Funds ownership: 54.47% → 51.85% (-2.6%)
18% less capital invested
Capital invested by funds: $375M → $306M (-$69.3M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$11.8M |
| 2 |
LPL Financial
San Diego,
California
|
+$4.66M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.07M |
| 4 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$3.2M |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$1.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$10.9M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$8.41M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$6.29M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.75M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.88M |
RDVY Hedge Fund Activity: Q4 2018 in Review
85 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in First Trust Rising Dividend Achievers ETF (RDVY) for Q4 2018, worth a combined $306M — down 18% from $375M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new RDVY positions and 9 closed out — a net gain of 6 holders — while 38 added to existing stakes and 27 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $11.8M. The largest seller was Morgan Stanley, cutting an estimated $10.9M.
- 85 institutional investors held First Trust Rising Dividend Achievers ETF (RDVY) as of Q4 2018, up from 80 in Q3 2018.
- Funds reported $306M of First Trust Rising Dividend Achievers ETF stock for Q4 2018, down 18% quarter-over-quarter.
- 15 funds opened new First Trust Rising Dividend Achievers ETF positions in Q4 2018 and 9 closed out, a net change of +6 holders.
- The largest First Trust Rising Dividend Achievers ETF buyer in Q4 2018 was Raymond James Financial Services Advisors, an estimated $11.8M added.
- The largest First Trust Rising Dividend Achievers ETF seller in Q4 2018 was Morgan Stanley, an estimated $10.9M sold.
Based on aggregated 13F filings for Q4 2018.