ALPS Dynamic US Dividend Advantage ETF
RFDA
10 hedge funds and large institutions have $20.5M invested in ALPS Dynamic US Dividend Advantage ETF in 2017 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 1 reducing their positions, and 1 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 1
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
98% more capital invested
Capital invested by funds: $10.4M → $20.5M (+$10.1M)
30.47% more ownership
Funds ownership: 33.6% → 64.07% (+30%)
25% more funds holding
Funds holding: 8 → 10 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$4.9M |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$1.19M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.11M |
| 4 |
Koshinski Asset Management
Decatur,
Illinois
|
+$982K |
| 5 |
Jane Street
New York
|
+$645K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$287K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$192K |
RFDA Hedge Fund Activity: Q1 2017 in Review
10 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in ALPS Dynamic US Dividend Advantage ETF (RFDA) for Q1 2017, worth a combined $20.5M — up 98% from $10.4M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new RFDA positions and 1 closed out — a net gain of 2 holders — while 6 added to existing stakes and 1 trimmed.
The largest buyer was BB&T Securities, adding an estimated $4.9M. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $287K sold.
- 10 institutional investors held ALPS Dynamic US Dividend Advantage ETF (RFDA) as of Q1 2017, up from 8 in Q4 2016.
- Funds reported $20.5M of ALPS Dynamic US Dividend Advantage ETF stock for Q1 2017, up 98% quarter-over-quarter.
- 3 funds opened new ALPS Dynamic US Dividend Advantage ETF positions in Q1 2017 and 1 closed out, a net change of +2 holders.
- The largest ALPS Dynamic US Dividend Advantage ETF buyer in Q1 2017 was BB&T Securities, an estimated $4.9M added.
- The largest ALPS Dynamic US Dividend Advantage ETF seller in Q1 2017 was Virtu KCG Holdings, an estimated $287K sold.
Based on aggregated 13F filings for Q1 2017.