First Trust Rising Dividend Achievers ETF
RDVY
504 hedge funds and large institutions have $7.15B invested in First Trust Rising Dividend Achievers ETF in 2023 Q4 according to their latest regulatory filings, with 87 funds opening new positions, 196 increasing their positions, 183 reducing their positions, and 22 closing their positions.
295% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 22
29% more capital invested
Capital invested by funds: $5.52B → $7.15B (+$1.63B)
14% more funds holding
Funds holding: 443 → 504 (+61)
8.39% more ownership
Funds ownership: 69.51% → 77.9% (+8.4%)
7% more repeat investments, than reductions
Existing positions increased: 196 | Existing positions reduced: 183
0% more funds holding in top 10
Funds holding in top 10: 45 → 45 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$619M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$44.1M |
| 3 |
LPL Financial
San Diego,
California
|
+$32.6M |
| 4 |
JP Morgan Chase
New York
|
+$31.4M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$26.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$36.8M |
| 2 |
ACM
Advance Capital Management
Southfield,
Michigan
|
-$34.8M |
| 3 |
GA
Goldstein Advisors
Madison,
Wisconsin
|
-$21.1M |
| 4 |
Koshinski Asset Management
Decatur,
Illinois
|
-$20.9M |
| 5 |
Mariner
Overland Park,
Kansas
|
-$14.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TWM
526
Tradition Wealth Management
Edina,
Minnesota
| – | -$5K | -114 | Closed |
|
|
WWP
527
WR Wealth Planners
Columbia,
Missouri
| – | -$4.59K | -100 | Closed |
|
528
BlackRock
New York
| – | -$26 | -1 | Closed |
|
RDVY Hedge Fund Activity: Q4 2023 in Review
504 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Rising Dividend Achievers ETF (RDVY) for Q4 2023, worth a combined $7.15B — up 29% from $5.52B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new RDVY positions and 22 closed out — a net gain of 65 holders — while 196 added to existing stakes and 183 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $619M. The largest seller was Osaic Holdings, cutting an estimated $36.8M.
- 504 institutional investors held First Trust Rising Dividend Achievers ETF (RDVY) as of Q4 2023, up from 443 in Q3 2023.
- Funds reported $7.15B of First Trust Rising Dividend Achievers ETF stock for Q4 2023, up 29% quarter-over-quarter.
- 87 funds opened new First Trust Rising Dividend Achievers ETF positions in Q4 2023 and 22 closed out, a net change of +65 holders.
- The largest First Trust Rising Dividend Achievers ETF buyer in Q4 2023 was Morgan Stanley, an estimated $619M added.
- The largest First Trust Rising Dividend Achievers ETF seller in Q4 2023 was Osaic Holdings, an estimated $36.8M sold.
Based on aggregated 13F filings for Q4 2023.