ALPS Dynamic Core Income ETF
RFCI
20 hedge funds and large institutions have $115M invested in ALPS Dynamic Core Income ETF in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
11% more funds holding
Funds holding: 18 → 20 (+2)
2.75% less ownership
Funds ownership: 87.57% → 84.82% (-2.8%)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
16% less capital invested
Capital invested by funds: $137M → $115M (-$22M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$900K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$730K |
| 3 |
TSS
Two Sigma Securities
New York
|
+$219K |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$183K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$133K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$16.4M |
| 2 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$5.89M |
| 3 |
Jane Street
New York
|
-$2.08M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.06M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$302K |
RFCI Hedge Fund Activity: Q3 2019 in Review
20 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in ALPS Dynamic Core Income ETF (RFCI) for Q3 2019, worth a combined $115M — down 16% from $137M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new RFCI positions and 1 closed out — a net gain of 2 holders — while 7 added to existing stakes and 8 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $900K. The largest seller was BB&T Securities, cutting an estimated $16.4M.
- 20 institutional investors held ALPS Dynamic Core Income ETF (RFCI) as of Q3 2019, up from 18 in Q2 2019.
- Funds reported $115M of ALPS Dynamic Core Income ETF stock for Q3 2019, down 16% quarter-over-quarter.
- 3 funds opened new ALPS Dynamic Core Income ETF positions in Q3 2019 and 1 closed out, a net change of +2 holders.
- The largest ALPS Dynamic Core Income ETF buyer in Q3 2019 was Citadel Advisors, an estimated $900K added.
- The largest ALPS Dynamic Core Income ETF seller in Q3 2019 was BB&T Securities, an estimated $16.4M sold.
Based on aggregated 13F filings for Q3 2019.