ALPS Dynamic US Dividend Advantage ETF
RFDA
23 hedge funds and large institutions have $69.2M invested in ALPS Dynamic US Dividend Advantage ETF in 2024 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 3 closing their positions.
0.86% more ownership
Funds ownership: 89.36% → 90.23% (+0.86%)
0% less capital invested
Capital invested by funds: $69.4M → $69.2M (-$157K)
4% less funds holding
Funds holding: 24 → 23 (-1)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$502K |
| 2 |
GI
GAMMA Investing
Foster City,
California
|
+$326K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$212K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$68K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$25.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$1.65M |
| 2 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$413K |
| 3 |
Jane Street
New York
|
-$411K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$363K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$340K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Citadel Advisors
Miami,
Florida
| – | -$340K | -6,697 | Closed |
|
|
CWA
27
Continuum Wealth Advisors
Saratoga Springs,
New York
| – | -$313K | -6,163 | Closed |
|
RFDA Hedge Fund Activity: Q2 2024 in Review
23 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in ALPS Dynamic US Dividend Advantage ETF (RFDA) for Q2 2024, worth a combined $69.2M — down 0.23% from $69.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of RFDA and 2 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 7 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $502K. The largest seller was RiverFront Investment Group, cutting an estimated $1.65M.
- 23 institutional investors held ALPS Dynamic US Dividend Advantage ETF (RFDA) as of Q2 2024, down from 24 in Q1 2024.
- Funds reported $69.2M of ALPS Dynamic US Dividend Advantage ETF stock for Q2 2024, down 0.23% quarter-over-quarter.
- 2 funds opened new ALPS Dynamic US Dividend Advantage ETF positions in Q2 2024 and 3 closed out, a net change of -1 holder.
- The largest ALPS Dynamic US Dividend Advantage ETF buyer in Q2 2024 was Susquehanna International Group, an estimated $502K added.
- The largest ALPS Dynamic US Dividend Advantage ETF seller in Q2 2024 was RiverFront Investment Group, an estimated $1.65M sold.
Based on aggregated 13F filings for Q2 2024.