First Trust Rising Dividend Achievers ETF
RDVY
123 hedge funds and large institutions have $788M invested in First Trust Rising Dividend Achievers ETF in 2020 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 46 increasing their positions, 47 reducing their positions, and 19 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
11% more capital invested
Capital invested by funds: $708M → $788M (+$79.9M)
1.21% more ownership
Funds ownership: 59.66% → 60.88% (+1.2%)
2% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 47
4% less funds holding
Funds holding: 128 → 123 (-5)
21% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$11.6M |
| 2 |
Morgan Stanley
New York
|
+$6.27M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$3.97M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3.88M |
| 5 |
LPL Financial
San Diego,
California
|
+$3.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
-$4.75M |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$2.27M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.69M |
| 4 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$1.59M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.51M |
RDVY Hedge Fund Activity: Q3 2020 in Review
123 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust Rising Dividend Achievers ETF (RDVY) for Q3 2020, worth a combined $788M — up 11% from $708M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of RDVY and 15 opened new positions — a net loss of 4 holders — while 47 trimmed existing stakes and 46 added.
The largest buyer was Royal Bank of Canada, adding an estimated $11.6M. The largest seller was MML Investors Services, cutting an estimated $4.75M.
- 123 institutional investors held First Trust Rising Dividend Achievers ETF (RDVY) as of Q3 2020, down from 128 in Q2 2020.
- Funds reported $788M of First Trust Rising Dividend Achievers ETF stock for Q3 2020, up 11% quarter-over-quarter.
- 15 funds opened new First Trust Rising Dividend Achievers ETF positions in Q3 2020 and 19 closed out, a net change of -4 holders.
- The largest First Trust Rising Dividend Achievers ETF buyer in Q3 2020 was Royal Bank of Canada, an estimated $11.6M added.
- The largest First Trust Rising Dividend Achievers ETF seller in Q3 2020 was MML Investors Services, an estimated $4.75M sold.
Based on aggregated 13F filings for Q3 2020.