First Trust Rising Dividend Achievers ETF
RDVY
80 hedge funds and large institutions have $375M invested in First Trust Rising Dividend Achievers ETF in 2018 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 46 increasing their positions, 12 reducing their positions, and 6 closing their positions.
283% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 12
167% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 6
33% more capital invested
Capital invested by funds: $281M → $375M (+$94.1M)
14% more funds holding
Funds holding: 70 → 80 (+10)
1.89% more ownership
Funds ownership: 52.57% → 54.47% (+1.9%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$15.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$12.7M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$10.1M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$7.99M |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$5.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$7.06M |
| 2 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$5.31M |
| 3 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$2.15M |
| 4 |
MWM
Mascoma Wealth Management
Hanover,
New Hampshire
|
-$1.8M |
| 5 |
SG Americas Securities
New York
|
-$1.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MWPCG
76
Measured Wealth Private Client Group
Portsmouth,
New Hampshire
| $5K | +$4.5K | +145 | New |
|
|
CAGAS
77
Capital Advisory Group Advisory Services
Bloomington,
Minnesota
| $2K | – | – | – |
|
78
BlackRock
New York
| $1K | – | – | – |
|
|
BRF
79
B. Riley Financial
Los Angeles,
California
| – | -$2.15M | -70,251 | Closed |
|
|
MWM
80
Mascoma Wealth Management
Hanover,
New Hampshire
| – | -$1.8M | -57,975 | -100% |
|
|
81
SG Americas Securities
New York
| – | -$1.03M | -34,277 | Closed |
|
|
CWM
82
Cornerstone Wealth Management
St. Peters,
Missouri
| – | -$750K | -22,425 | Closed |
|
|
HPC
83
Hobart Private Capital
Charlotte,
North Carolina
| – | -$225K | -7,514 | Closed |
|
|
BCA
84
Bay Colony Advisors
Concord,
Massachusetts
| – | -$47K | -1,578 | Closed |
|
|
CF
85
Centaurus Financial
Anaheim,
California
| – | -$16K | -527 | Closed |
|
RDVY Hedge Fund Activity: Q3 2018 in Review
80 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust Rising Dividend Achievers ETF (RDVY) for Q3 2018, worth a combined $375M — up 33% from $281M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new RDVY positions and 6 closed out — a net gain of 10 holders — while 46 added to existing stakes and 12 trimmed.
The largest buyer was Wells Fargo, adding an estimated $15.9M. The largest seller was Kovack Advisors, cutting an estimated $7.06M.
- 80 institutional investors held First Trust Rising Dividend Achievers ETF (RDVY) as of Q3 2018, up from 70 in Q2 2018.
- Funds reported $375M of First Trust Rising Dividend Achievers ETF stock for Q3 2018, up 33% quarter-over-quarter.
- 16 funds opened new First Trust Rising Dividend Achievers ETF positions in Q3 2018 and 6 closed out, a net change of +10 holders.
- The largest First Trust Rising Dividend Achievers ETF buyer in Q3 2018 was Wells Fargo, an estimated $15.9M added.
- The largest First Trust Rising Dividend Achievers ETF seller in Q3 2018 was Kovack Advisors, an estimated $7.06M sold.
Based on aggregated 13F filings for Q3 2018.