First Trust Rising Dividend Achievers ETF
RDVY
64 hedge funds and large institutions have $244M invested in First Trust Rising Dividend Achievers ETF in 2018 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 39 increasing their positions, 7 reducing their positions, and 4 closing their positions.
457% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 7
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
26% more capital invested
Capital invested by funds: $193M → $244M (+$50.6M)
8% more funds holding
Funds holding: 59 → 64 (+5)
8.73% less ownership
Funds ownership: 64.52% → 55.79% (-8.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$13.7M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$9M |
| 3 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$7.55M |
| 4 |
LPL Financial
San Diego,
California
|
+$7.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$4.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$8.52M |
| 2 |
Jane Street
New York
|
-$2.15M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.05M |
| 4 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
-$449K |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$274K |
RDVY Hedge Fund Activity: Q1 2018 in Review
64 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in First Trust Rising Dividend Achievers ETF (RDVY) for Q1 2018, worth a combined $244M — up 26% from $193M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new RDVY positions and 4 closed out — a net gain of 6 holders — while 39 added to existing stakes and 7 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $13.7M. The largest seller was Wells Fargo, cutting an estimated $8.52M.
- 64 institutional investors held First Trust Rising Dividend Achievers ETF (RDVY) as of Q1 2018, up from 59 in Q4 2017.
- Funds reported $244M of First Trust Rising Dividend Achievers ETF stock for Q1 2018, up 26% quarter-over-quarter.
- 10 funds opened new First Trust Rising Dividend Achievers ETF positions in Q1 2018 and 4 closed out, a net change of +6 holders.
- The largest First Trust Rising Dividend Achievers ETF buyer in Q1 2018 was Morgan Stanley, an estimated $13.7M added.
- The largest First Trust Rising Dividend Achievers ETF seller in Q1 2018 was Wells Fargo, an estimated $8.52M sold.
Based on aggregated 13F filings for Q1 2018.