ALPS Dynamic US Dividend Advantage ETF
RFDA
15 hedge funds and large institutions have $56.8M invested in ALPS Dynamic US Dividend Advantage ETF in 2017 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 2 reducing their positions, and 1 closing their positions.
350% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 2
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
21% more capital invested
Capital invested by funds: $47M → $56.8M (+$9.82M)
15% more funds holding
Funds holding: 13 → 15 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.51% less ownership
Funds ownership: 92.13% → 89.62% (-2.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$2.13M |
| 2 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$1.83M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.01M |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
+$676K |
| 5 |
BTIS
BB&T Investment Services
Charlotte,
North Carolina
|
+$459K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$720K |
| 2 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$18.1K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$14.9K |
RFDA Hedge Fund Activity: Q4 2017 in Review
15 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in ALPS Dynamic US Dividend Advantage ETF (RFDA) for Q4 2017, worth a combined $56.8M — up 21% from $47M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new RFDA positions and 1 closed out — a net gain of 2 holders — while 9 added to existing stakes and 2 trimmed.
The largest buyer was BB&T Securities, adding an estimated $2.13M. The largest seller was Virtu Financial, exiting entirely with an estimated $720K sold.
- 15 institutional investors held ALPS Dynamic US Dividend Advantage ETF (RFDA) as of Q4 2017, up from 13 in Q3 2017.
- Funds reported $56.8M of ALPS Dynamic US Dividend Advantage ETF stock for Q4 2017, up 21% quarter-over-quarter.
- 3 funds opened new ALPS Dynamic US Dividend Advantage ETF positions in Q4 2017 and 1 closed out, a net change of +2 holders.
- The largest ALPS Dynamic US Dividend Advantage ETF buyer in Q4 2017 was BB&T Securities, an estimated $2.13M added.
- The largest ALPS Dynamic US Dividend Advantage ETF seller in Q4 2017 was Virtu Financial, an estimated $720K sold.
Based on aggregated 13F filings for Q4 2017.