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First Trust Rising Dividend Achievers ETF

504 hedge funds and large institutions have $7.15B invested in First Trust Rising Dividend Achievers ETF in 2023 Q4 according to their latest regulatory filings, with 87 funds opening new positions, 196 increasing their positions, 183 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

295% more first-time investments, than exits

New positions opened: 87 | Existing positions closed: 22

29% more capital invested

Capital invested by funds: $5.52B → $7.15B (+$1.63B)

14% more funds holding

Funds holding: 443504 (+61)

8.39% more ownership

Funds ownership: 69.51%77.9% (+8.4%)

7% more repeat investments, than reductions

Existing positions increased: 196 | Existing positions reduced: 183

0% more funds holding in top 10

Funds holding in top 10: 4545 (0)

Holders
504
Holders Change
+61
Holders Change %
+13.77%
% of All Funds
7.35%
Holding in Top 10
45
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.66%
New
87
Increased
196
Reduced
183
Closed
22
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$1.35B +$619M +13,097,637 +101%
LPL Financial
2
LPL Financial
California
$869M +$32.6M +688,801 +4%
Wells Fargo
3
Wells Fargo
California
$411M +$3.76M +79,637 +1%
RJFSA
4
Raymond James Financial Services Advisors
Florida
$300M +$26.4M +557,879 +11%
Ameriprise
5
Ameriprise
Minnesota
$214M +$3.52M +74,524 +2%
Bank of America
6
Bank of America
North Carolina
$210M +$26.2M +554,217 +16%
Commonwealth Equity Services
7
Commonwealth Equity Services
Massachusetts
$206M +$44.1M +933,923 +31%
Osaic Holdings
8
Osaic Holdings
Arizona
$187M -$36.8M -778,833 -18%
UBS Group
9
UBS Group
Switzerland
$171M -$14.3M -302,438 -8%
Envestnet Asset Management
10
Envestnet Asset Management
Illinois
$151M +$3.7M +78,257 +3%
RJA
11
Raymond James & Associates
Florida
$140M +$11.9M +250,954 +10%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$131M -$1.38M -29,124 -1%
ACM
13
Advance Capital Management
Michigan
$116M -$34.8M -736,868 -25%
KAS
14
Kestra Advisory Services
Texas
$112M +$15.3M +324,217 +18%
Cambridge Investment Research Advisors
15
Cambridge Investment Research Advisors
Iowa
$87.9M -$8.77M -185,505 -10%
Northwestern Mutual Wealth Management
16
Northwestern Mutual Wealth Management
Wisconsin
$83.5M +$17M +360,168 +29%
PAG
17
Private Advisor Group
New Jersey
$73M +$6.48M +137,015 +11%
Stifel Financial
18
Stifel Financial
Missouri
$62.2M +$4.01M +84,893 +8%
FTS
19
Fifth Third Securities
Ohio
$51.9M -$727K -15,374 -2%
CAG
20
Csenge Advisory Group
Florida
$50.8M +$618K +13,084 +1%
PNC Financial Services Group
21
PNC Financial Services Group
Pennsylvania
$46.6M +$461K +9,763 +1%
EH
22
Equitable Holdings
New York
$45M -$3.24M -68,575 -7%
MML Investors Services
23
MML Investors Services
Massachusetts
$44.3M -$2.67M -56,444 -6%
CAN
24
Cetera Advisor Networks
California
$42.2M +$3.95M +83,474 +11%
Cetera Investment Advisers
25
Cetera Investment Advisers
Illinois
$42M +$7.38M +156,239 +24%

RDVY Hedge Fund Activity: Q4 2023 in Review

504 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Rising Dividend Achievers ETF (RDVY) for Q4 2023, worth a combined $7.15B — up 29% from $5.52B a quarter earlier.

Buyers outnumbered sellers: 87 funds opened new RDVY positions and 22 closed out — a net gain of 65 holders — while 196 added to existing stakes and 183 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $619M. The largest seller was Osaic Holdings, cutting an estimated $36.8M.

  • 504 institutional investors held First Trust Rising Dividend Achievers ETF (RDVY) as of Q4 2023, up from 443 in Q3 2023.
  • Funds reported $7.15B of First Trust Rising Dividend Achievers ETF stock for Q4 2023, up 29% quarter-over-quarter.
  • 87 funds opened new First Trust Rising Dividend Achievers ETF positions in Q4 2023 and 22 closed out, a net change of +65 holders.
  • The largest First Trust Rising Dividend Achievers ETF buyer in Q4 2023 was Morgan Stanley, an estimated $619M added.
  • The largest First Trust Rising Dividend Achievers ETF seller in Q4 2023 was Osaic Holdings, an estimated $36.8M sold.

Based on aggregated 13F filings for Q4 2023.