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First Trust Rising Dividend Achievers ETF

85 hedge funds and large institutions have $306M invested in First Trust Rising Dividend Achievers ETF in 2018 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 38 increasing their positions, 27 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 9

41% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 27

6% more funds holding

Funds holding: 8085 (+5)

2.62% less ownership

Funds ownership: 54.47%51.85% (-2.6%)

18% less capital invested

Capital invested by funds: $375M → $306M (-$69.3M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
85
Holders Change
+5
Holders Change %
+6.25%
% of All Funds
1.89%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
15
Increased
38
Reduced
27
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$45M -$10.9M -376,220 -18%
Bank of America
2
Bank of America
North Carolina
$34.4M -$2.88M -99,475 -7%
LPL Financial
3
LPL Financial
California
$25.5M +$4.66M +160,684 +20%
Wells Fargo
4
Wells Fargo
California
$24.4M -$791K -27,288 -3%
RJFSA
5
Raymond James Financial Services Advisors
Florida
$23.1M +$11.8M +407,389 +88%
UBS Group
6
UBS Group
Switzerland
$18M -$6.29M -216,944 -24%
RJA
7
Raymond James & Associates
Florida
$11.6M -$8.41M -290,007 -40%
Stifel Financial
8
Stifel Financial
Missouri
$11.5M +$1.12M +38,469 +10%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$11.3M +$571K +19,707 +5%
FAAS
10
First Allied Advisory Services
California
$10.9M -$475K -16,372 -4%
EIA
11
Eldridge Investment Advisors
New Hampshire
$10.5M -$872K -30,065 -7%
Ameriprise
12
Ameriprise
Minnesota
$7.83M -$5.75M -198,179 -40%
BTS
13
BB&T Securities
Virginia
$5.57M +$1.46M +50,513 +32%
Janney Montgomery Scott
14
Janney Montgomery Scott
Pennsylvania
$5.27M -$845K -29,128 -13%
KA
15
Kovack Advisors
Florida
$4.91M +$3.2M +110,388 +147%
AG
16
Advisor Group
Arizona
$4.51M +$434K +14,965 +10%
US Bancorp
17
US Bancorp
Minnesota
$4.44M +$1.18M +40,617 +32%
Envestnet Asset Management
18
Envestnet Asset Management
Illinois
$3.72M +$4.07M +140,459 New
LTFS
19
Ladenburg Thalmann Financial Services
Florida
$3.14M +$316K +10,894 +10%
NFG
20
Nations Financial Group
Iowa
$2.56M -$119K -4,094 -4%
FHA
21
First Horizon Advisors
Tennessee
$2.54M -$153K -5,284 -5%
SPC
22
Sigma Planning Corp
Michigan
$2.46M +$1.06M +36,457 +65%
MAP
23
Milestone Advisory Partners
North Carolina
$2.36M -$1.81M -62,527 -41%
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$2.26M +$1.16M +39,910 +88%
PAG
25
Private Advisor Group
New Jersey
$2.09M +$940K +32,401 +70%

RDVY Hedge Fund Activity: Q4 2018 in Review

85 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in First Trust Rising Dividend Achievers ETF (RDVY) for Q4 2018, worth a combined $306M — down 18% from $375M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new RDVY positions and 9 closed out — a net gain of 6 holders — while 38 added to existing stakes and 27 trimmed.

The largest buyer was Raymond James Financial Services Advisors, adding an estimated $11.8M. The largest seller was Morgan Stanley, cutting an estimated $10.9M.

  • 85 institutional investors held First Trust Rising Dividend Achievers ETF (RDVY) as of Q4 2018, up from 80 in Q3 2018.
  • Funds reported $306M of First Trust Rising Dividend Achievers ETF stock for Q4 2018, down 18% quarter-over-quarter.
  • 15 funds opened new First Trust Rising Dividend Achievers ETF positions in Q4 2018 and 9 closed out, a net change of +6 holders.
  • The largest First Trust Rising Dividend Achievers ETF buyer in Q4 2018 was Raymond James Financial Services Advisors, an estimated $11.8M added.
  • The largest First Trust Rising Dividend Achievers ETF seller in Q4 2018 was Morgan Stanley, an estimated $10.9M sold.

Based on aggregated 13F filings for Q4 2018.