First Trust Rising Dividend Achievers ETF
RDVY
443 hedge funds and large institutions have $5.52B invested in First Trust Rising Dividend Achievers ETF in 2023 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 192 increasing their positions, 161 reducing their positions, and 32 closing their positions.
47% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 32
19% more repeat investments, than reductions
Existing positions increased: 192 | Existing positions reduced: 161
13% more funds holding in top 10
Funds holding in top 10: 40 → 45 (+5)
3% more funds holding
Funds holding: 432 → 443 (+11)
1% more capital invested
Capital invested by funds: $5.45B → $5.52B (+$68.6M)
0.91% more ownership
Funds ownership: 68.6% → 69.51% (+0.91%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$46.4M |
| 2 |
LPL Financial
San Diego,
California
|
+$33M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$24.6M |
| 4 |
AWM
Affinity Wealth Management
Wilmington,
Delaware
|
+$16M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$12.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Advance Capital Management
Southfield,
Michigan
|
-$18.6M |
| 2 |
KWM
Keebeck Wealth Management
Chicago,
Illinois
|
-$13.7M |
| 3 |
KFGK
Keystone Financial Group (Kentucky)
Lexington,
Kentucky
|
-$5.51M |
| 4 |
SA
SFI Advisors
Montclair,
New Jersey
|
-$4.65M |
| 5 |
C
CEDRUS
Littleton,
Colorado
|
-$4.48M |
RDVY Hedge Fund Activity: Q3 2023 in Review
443 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Rising Dividend Achievers ETF (RDVY) for Q3 2023, worth a combined $5.52B — up 1.3% from $5.45B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new RDVY positions and 32 closed out — a net gain of 15 holders — while 192 added to existing stakes and 161 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $46.4M. The largest seller was Advance Capital Management, cutting an estimated $18.6M.
- 443 institutional investors held First Trust Rising Dividend Achievers ETF (RDVY) as of Q3 2023, up from 432 in Q2 2023.
- Funds reported $5.52B of First Trust Rising Dividend Achievers ETF stock for Q3 2023, up 1.3% quarter-over-quarter.
- 47 funds opened new First Trust Rising Dividend Achievers ETF positions in Q3 2023 and 32 closed out, a net change of +15 holders.
- The largest First Trust Rising Dividend Achievers ETF buyer in Q3 2023 was Morgan Stanley, an estimated $46.4M added.
- The largest First Trust Rising Dividend Achievers ETF seller in Q3 2023 was Advance Capital Management, an estimated $18.6M sold.
Based on aggregated 13F filings for Q3 2023.