First Trust Rising Dividend Achievers ETF
RDVY
69 hedge funds and large institutions have $280M invested in First Trust Rising Dividend Achievers ETF in 2018 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 36 increasing their positions, 16 reducing their positions, and 5 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 16
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
15% more capital invested
Capital invested by funds: $244M → $280M (+$36.6M)
8% more funds holding
Funds holding: 64 → 69 (+5)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
3.34% less ownership
Funds ownership: 55.79% → 52.45% (-3.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$11.4M |
| 2 |
Morgan Stanley
New York
|
+$8.12M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.73M |
| 4 |
LPL Financial
San Diego,
California
|
+$4.48M |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$4.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$12.3M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$5.87M |
| 3 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$2.04M |
| 4 |
HPWM
Highland Private Wealth Management
Bellevue,
Washington
|
-$883K |
| 5 |
NFG
Next Financial Group
Houston,
Texas
|
-$701K |
RDVY Hedge Fund Activity: Q2 2018 in Review
69 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in First Trust Rising Dividend Achievers ETF (RDVY) for Q2 2018, worth a combined $280M — up 15% from $244M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new RDVY positions and 5 closed out — a net gain of 6 holders — while 36 added to existing stakes and 16 trimmed.
The largest buyer was Bank of America, adding an estimated $11.4M. The largest seller was Aviance Capital Management, cutting an estimated $12.3M.
- 69 institutional investors held First Trust Rising Dividend Achievers ETF (RDVY) as of Q2 2018, up from 64 in Q1 2018.
- Funds reported $280M of First Trust Rising Dividend Achievers ETF stock for Q2 2018, up 15% quarter-over-quarter.
- 11 funds opened new First Trust Rising Dividend Achievers ETF positions in Q2 2018 and 5 closed out, a net change of +6 holders.
- The largest First Trust Rising Dividend Achievers ETF buyer in Q2 2018 was Bank of America, an estimated $11.4M added.
- The largest First Trust Rising Dividend Achievers ETF seller in Q2 2018 was Aviance Capital Management, an estimated $12.3M sold.
Based on aggregated 13F filings for Q2 2018.