First Trust Rising Dividend Achievers ETF
RDVY
128 hedge funds and large institutions have $708M invested in First Trust Rising Dividend Achievers ETF in 2020 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 51 increasing their positions, 36 reducing their positions, and 22 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 36
36% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 22
25% more capital invested
Capital invested by funds: $568M → $708M (+$141M)
7% more funds holding
Funds holding: 120 → 128 (+8)
1.97% more ownership
Funds ownership: 57.69% → 59.66% (+2%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$11.1M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$5.76M |
| 3 |
Morgan Stanley
New York
|
+$4.82M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$4.75M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$3.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$7.06M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$6.02M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$4M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$1.69M |
| 5 |
LPL Financial
San Diego,
California
|
-$1.66M |
RDVY Hedge Fund Activity: Q2 2020 in Review
128 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Rising Dividend Achievers ETF (RDVY) for Q2 2020, worth a combined $708M — up 25% from $568M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new RDVY positions and 22 closed out — a net gain of 8 holders — while 51 added to existing stakes and 36 trimmed.
The largest buyer was Wells Fargo, adding an estimated $11.1M. The largest seller was Kovack Advisors, exiting entirely with an estimated $7.06M sold.
- 128 institutional investors held First Trust Rising Dividend Achievers ETF (RDVY) as of Q2 2020, up from 120 in Q1 2020.
- Funds reported $708M of First Trust Rising Dividend Achievers ETF stock for Q2 2020, up 25% quarter-over-quarter.
- 30 funds opened new First Trust Rising Dividend Achievers ETF positions in Q2 2020 and 22 closed out, a net change of +8 holders.
- The largest First Trust Rising Dividend Achievers ETF buyer in Q2 2020 was Wells Fargo, an estimated $11.1M added.
- The largest First Trust Rising Dividend Achievers ETF seller in Q2 2020 was Kovack Advisors, an estimated $7.06M sold.
Based on aggregated 13F filings for Q2 2020.