First Trust Rising Dividend Achievers ETF
RDVY
120 hedge funds and large institutions have $568M invested in First Trust Rising Dividend Achievers ETF in 2020 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 58 increasing their positions, 25 reducing their positions, and 40 closing their positions.
132% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 25
1.56% more ownership
Funds ownership: 56.13% → 57.69% (+1.6%)
10% less funds holding
Funds holding: 133 → 120 (-13)
10% less capital invested
Capital invested by funds: $633M → $568M (-$65.4M)
28% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 40
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$39.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$36M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$19.3M |
| 4 |
RW
RVW Wealth
Los Angeles,
California
|
+$12.9M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$12.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BSAM
Blue Sky Asset Management
Greenwood Village,
Colorado
|
-$15.6M |
| 2 |
PS
Portfolio Strategies
Monsey,
New York
|
-$7.7M |
| 3 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$6.69M |
| 4 |
MAP
Milestone Advisory Partners
Southern Pines,
North Carolina
|
-$4.92M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.41M |
RDVY Hedge Fund Activity: Q1 2020 in Review
120 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in First Trust Rising Dividend Achievers ETF (RDVY) for Q1 2020, worth a combined $568M — down 10% from $633M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of RDVY and 29 opened new positions — a net loss of 11 holders — while 25 trimmed existing stakes and 58 added.
The largest buyer was Morgan Stanley, adding an estimated $39.1M. The largest seller was Blue Sky Asset Management, exiting entirely with an estimated $15.6M sold.
- 120 institutional investors held First Trust Rising Dividend Achievers ETF (RDVY) as of Q1 2020, down from 133 in Q4 2019.
- Funds reported $568M of First Trust Rising Dividend Achievers ETF stock for Q1 2020, down 10% quarter-over-quarter.
- 29 funds opened new First Trust Rising Dividend Achievers ETF positions in Q1 2020 and 40 closed out, a net change of -11 holders.
- The largest First Trust Rising Dividend Achievers ETF buyer in Q1 2020 was Morgan Stanley, an estimated $39.1M added.
- The largest First Trust Rising Dividend Achievers ETF seller in Q1 2020 was Blue Sky Asset Management, an estimated $15.6M sold.
Based on aggregated 13F filings for Q1 2020.