ALPS Dynamic US Dividend Advantage ETF
RFDA
10 hedge funds and large institutions have $33.2M invested in ALPS Dynamic US Dividend Advantage ETF in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 1 reducing their positions, and 2 closing their positions.
600% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 1
62% more capital invested
Capital invested by funds: $20.5M → $33.2M (+$12.7M)
22.55% more ownership
Funds ownership: 64.07% → 86.62% (+23%)
0% more funds holding
Funds holding: 10 → 10 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$11.5M |
| 2 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$896K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$836K |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$579K |
| 5 |
BTIS
BB&T Investment Services
Charlotte,
North Carolina
|
+$578K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.45M |
| 2 |
Koshinski Asset Management
Decatur,
Illinois
|
-$988K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$98.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BTS
1
BB&T Securities
Richmond,
Virginia
| $17.4M | +$11.5M | +408,415 | +199% |
|
|
2
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| $5.54M | +$836K | +29,749 | +18% |
|
|
RIG
3
RiverFront Investment Group
Richmond,
Virginia
| $5.26M | +$896K | +31,892 | +21% |
|
|
PFS
4
Prospera Financial Services
Dallas,
Texas
| $2.19M | +$579K | +20,616 | +36% |
|
|
BTIS
5
BB&T Investment Services
Charlotte,
North Carolina
| $1.23M | +$578K | +20,582 | +91% |
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| $729K | +$14.9K | +531 | +2% |
|
|
RJA
7
Raymond James & Associates
St Petersburg,
Florida
| $325K | -$98.9K | -3,521 | -24% |
|
|
BFEC
8
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $275K | +$87.3K | +3,106 | +47% |
|
|
AG
9
Advisor Group
Phoenix,
Arizona
| $123K | +$121K | +4,321 | New |
|
|
NA
10
NewEdge Advisors
New Orleans,
Louisiana
| $123K | +$121K | +4,309 | New |
|
|
11
Jane Street
New York
| – | -$1.45M | -52,035 | Closed |
|
|
12
Koshinski Asset Management
Decatur,
Illinois
| – | -$988K | -35,429 | Closed |
|
RFDA Hedge Fund Activity: Q2 2017 in Review
10 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in ALPS Dynamic US Dividend Advantage ETF (RFDA) for Q2 2017, worth a combined $33.2M — up 62% from $20.5M a quarter earlier.
Fund positioning in RFDA was balanced in Q2 2017: 2 funds opened new positions, 2 closed out, 7 added to existing stakes and 1 trimmed.
The largest buyer was BB&T Securities, adding an estimated $11.5M. The largest seller was Jane Street, exiting entirely with an estimated $1.45M sold.
- 10 institutional investors held ALPS Dynamic US Dividend Advantage ETF (RFDA) as of Q2 2017, unchanged from Q1 2017.
- Funds reported $33.2M of ALPS Dynamic US Dividend Advantage ETF stock for Q2 2017, up 62% quarter-over-quarter.
- 2 funds opened new ALPS Dynamic US Dividend Advantage ETF positions in Q2 2017 and 2 closed out, a net change of 0 holders.
- The largest ALPS Dynamic US Dividend Advantage ETF buyer in Q2 2017 was BB&T Securities, an estimated $11.5M added.
- The largest ALPS Dynamic US Dividend Advantage ETF seller in Q2 2017 was Jane Street, an estimated $1.45M sold.
Based on aggregated 13F filings for Q2 2017.