ALPS Dynamic US Dividend Advantage ETF
RFDA
15 hedge funds and large institutions have $104M invested in ALPS Dynamic US Dividend Advantage ETF in 2018 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
3% more capital invested
Capital invested by funds: $101M → $104M (+$2.72M)
0% more funds holding
Funds holding: 15 → 15 (0)
2.15% less ownership
Funds ownership: 90.86% → 88.72% (-2.1%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$2.43M |
| 2 |
Jane Street
New York
|
+$482K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$241K |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$183K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$130K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$2.48M |
| 2 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
-$393K |
| 3 |
HH
Hilltop Holdings
Dallas,
Texas
|
-$201K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$36.6K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$26.3K |
RFDA Hedge Fund Activity: Q2 2018 in Review
15 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in ALPS Dynamic US Dividend Advantage ETF (RFDA) for Q2 2018, worth a combined $104M — up 2.7% from $101M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new RFDA positions and 2 closed out — a net gain of 1 holder — while 8 added to existing stakes and 4 trimmed.
The largest buyer was BB&T Securities, adding an estimated $2.43M. The largest seller was RiverFront Investment Group, cutting an estimated $2.48M.
- 15 institutional investors held ALPS Dynamic US Dividend Advantage ETF (RFDA) as of Q2 2018, unchanged from Q1 2018.
- Funds reported $104M of ALPS Dynamic US Dividend Advantage ETF stock for Q2 2018, up 2.7% quarter-over-quarter.
- 3 funds opened new ALPS Dynamic US Dividend Advantage ETF positions in Q2 2018 and 2 closed out, a net change of +1 holder.
- The largest ALPS Dynamic US Dividend Advantage ETF buyer in Q2 2018 was BB&T Securities, an estimated $2.43M added.
- The largest ALPS Dynamic US Dividend Advantage ETF seller in Q2 2018 was RiverFront Investment Group, an estimated $2.48M sold.
Based on aggregated 13F filings for Q2 2018.