ALPS Dynamic Core Income ETF
RFCI
15 hedge funds and large institutions have $83.8M invested in ALPS Dynamic Core Income ETF in 2018 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 2 closing their positions.
66% more capital invested
Capital invested by funds: $50.6M → $83.8M (+$33.2M)
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
2.6% more ownership
Funds ownership: 89.09% → 91.68% (+2.6%)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
6% less funds holding
Funds holding: 16 → 15 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$36.9M |
| 2 |
Jane Street
New York
|
+$3.71M |
| 3 |
VF
Virtu Financial
New York
|
+$704K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$304K |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$165K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$3.39M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$582K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$512K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$406K |
| 5 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$349K |
RFCI Hedge Fund Activity: Q1 2018 in Review
15 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in ALPS Dynamic Core Income ETF (RFCI) for Q1 2018, worth a combined $83.8M — up 66% from $50.6M a quarter earlier.
Fund positioning in RFCI was balanced in Q1 2018: 2 funds opened new positions, 2 closed out, 8 added to existing stakes and 5 trimmed.
The largest buyer was RiverFront Investment Group, adding an estimated $36.9M. The largest seller was BB&T Securities, cutting an estimated $3.39M.
- 15 institutional investors held ALPS Dynamic Core Income ETF (RFCI) as of Q1 2018, down from 16 in Q4 2017.
- Funds reported $83.8M of ALPS Dynamic Core Income ETF stock for Q1 2018, up 66% quarter-over-quarter.
- 2 funds opened new ALPS Dynamic Core Income ETF positions in Q1 2018 and 2 closed out, a net change of 0 holders.
- The largest ALPS Dynamic Core Income ETF buyer in Q1 2018 was RiverFront Investment Group, an estimated $36.9M added.
- The largest ALPS Dynamic Core Income ETF seller in Q1 2018 was BB&T Securities, an estimated $3.39M sold.
Based on aggregated 13F filings for Q1 2018.