First Trust Rising Dividend Achievers ETF
RDVY
432 hedge funds and large institutions have $5.28B invested in First Trust Rising Dividend Achievers ETF in 2023 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 155 increasing their positions, 193 reducing their positions, and 37 closing their positions.
24% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 37
2% more funds holding in top 10
Funds holding in top 10: 43 → 44 (+1)
0.53% less ownership
Funds ownership: 67.97% → 67.44% (-0.53%)
1% less funds holding
Funds holding: 437 → 432 (-5)
6% less capital invested
Capital invested by funds: $5.6B → $5.28B (-$322M)
20% less repeat investments, than reductions
Existing positions increased: 155 | Existing positions reduced: 193
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mercer Global Advisors
Denver,
Colorado
|
+$7.1M |
| 2 |
AT
American Trust
Lexington,
Kentucky
|
+$6.02M |
| 3 |
ACM
Advance Capital Management
Southfield,
Michigan
|
+$5.66M |
| 4 |
GA
Goldstein Advisors
Madison,
Wisconsin
|
+$5.21M |
| 5 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$4.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$36.5M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$26.5M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$23.8M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$15.2M |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$15M |
RDVY Hedge Fund Activity: Q1 2023 in Review
432 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust Rising Dividend Achievers ETF (RDVY) for Q1 2023, worth a combined $5.28B — down 5.8% from $5.6B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new RDVY positions and 37 closed out — a net gain of 9 holders — while 155 added to existing stakes and 193 trimmed.
The largest buyer was Mercer Global Advisors, adding an estimated $7.1M. The largest seller was Wells Fargo, cutting an estimated $36.5M.
- 432 institutional investors held First Trust Rising Dividend Achievers ETF (RDVY) as of Q1 2023, down from 437 in Q4 2022.
- Funds reported $5.28B of First Trust Rising Dividend Achievers ETF stock for Q1 2023, down 5.8% quarter-over-quarter.
- 46 funds opened new First Trust Rising Dividend Achievers ETF positions in Q1 2023 and 37 closed out, a net change of +9 holders.
- The largest First Trust Rising Dividend Achievers ETF buyer in Q1 2023 was Mercer Global Advisors, an estimated $7.1M added.
- The largest First Trust Rising Dividend Achievers ETF seller in Q1 2023 was Wells Fargo, an estimated $36.5M sold.
Based on aggregated 13F filings for Q1 2023.