ALPS Dynamic US Dividend Advantage ETF
RFDA
15 hedge funds and large institutions have $135M invested in ALPS Dynamic US Dividend Advantage ETF in 2018 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 2 reducing their positions, and 2 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 2
30% more capital invested
Capital invested by funds: $104M → $135M (+$31.6M)
0.62% more ownership
Funds ownership: 88.72% → 89.34% (+0.62%)
0% more funds holding
Funds holding: 15 → 15 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$14.8M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$7.6M |
| 3 |
Koshinski Asset Management
Decatur,
Illinois
|
+$2.57M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.02M |
| 5 |
Jane Street
New York
|
+$683K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$990K |
| 2 |
AG
Advisor Group
Phoenix,
Arizona
|
-$57.5K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$40K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$11K |
RFDA Hedge Fund Activity: Q3 2018 in Review
15 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in ALPS Dynamic US Dividend Advantage ETF (RFDA) for Q3 2018, worth a combined $135M — up 30% from $104M a quarter earlier.
Fund positioning in RFDA was balanced in Q3 2018: 2 funds opened new positions, 2 closed out, 10 added to existing stakes and 2 trimmed.
The largest buyer was RiverFront Investment Group, adding an estimated $14.8M. The largest seller was Prospera Financial Services, cutting an estimated $990K.
- 15 institutional investors held ALPS Dynamic US Dividend Advantage ETF (RFDA) as of Q3 2018, unchanged from Q2 2018.
- Funds reported $135M of ALPS Dynamic US Dividend Advantage ETF stock for Q3 2018, up 30% quarter-over-quarter.
- 2 funds opened new ALPS Dynamic US Dividend Advantage ETF positions in Q3 2018 and 2 closed out, a net change of 0 holders.
- The largest ALPS Dynamic US Dividend Advantage ETF buyer in Q3 2018 was RiverFront Investment Group, an estimated $14.8M added.
- The largest ALPS Dynamic US Dividend Advantage ETF seller in Q3 2018 was Prospera Financial Services, an estimated $990K sold.
Based on aggregated 13F filings for Q3 2018.