ALPS Dynamic US Dividend Advantage ETF
RFDA
16 hedge funds and large institutions have $105M invested in ALPS Dynamic US Dividend Advantage ETF in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
7% more funds holding
Funds holding: 15 → 16 (+1)
9.8% less ownership
Funds ownership: 89.34% → 79.54% (-9.8%)
22% less capital invested
Capital invested by funds: $135M → $105M (-$30.3M)
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$4.63M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$557K |
| 3 |
MOS
MGO One Seven
Beachwood,
Ohio
|
+$107K |
| 4 |
HH
Hilltop Holdings
Dallas,
Texas
|
+$44.6K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$34.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$7.24M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$3.15M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.27M |
| 4 |
Jane Street
New York
|
-$1.19M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$920K |
RFDA Hedge Fund Activity: Q4 2018 in Review
16 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in ALPS Dynamic US Dividend Advantage ETF (RFDA) for Q4 2018, worth a combined $105M — down 22% from $135M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new RFDA positions and 3 closed out — a net gain of 1 holder — while 3 added to existing stakes and 9 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $4.63M. The largest seller was RiverFront Investment Group, cutting an estimated $7.24M.
- 16 institutional investors held ALPS Dynamic US Dividend Advantage ETF (RFDA) as of Q4 2018, up from 15 in Q3 2018.
- Funds reported $105M of ALPS Dynamic US Dividend Advantage ETF stock for Q4 2018, down 22% quarter-over-quarter.
- 4 funds opened new ALPS Dynamic US Dividend Advantage ETF positions in Q4 2018 and 3 closed out, a net change of +1 holder.
- The largest ALPS Dynamic US Dividend Advantage ETF buyer in Q4 2018 was Raymond James & Associates, an estimated $4.63M added.
- The largest ALPS Dynamic US Dividend Advantage ETF seller in Q4 2018 was RiverFront Investment Group, an estimated $7.24M sold.
Based on aggregated 13F filings for Q4 2018.