ALPS Dynamic US Dividend Advantage ETF
RFDA
19 hedge funds and large institutions have $117M invested in ALPS Dynamic US Dividend Advantage ETF in 2019 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
9% more capital invested
Capital invested by funds: $108M → $117M (+$9.4M)
6% more funds holding
Funds holding: 18 → 19 (+1)
3.52% more ownership
Funds ownership: 83.45% → 86.97% (+3.5%)
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$18.3M |
| 2 |
Koshinski Asset Management
Decatur,
Illinois
|
+$4.69M |
| 3 |
Jane Street
New York
|
+$1.38M |
| 4 |
HH
Hilltop Holdings
Dallas,
Texas
|
+$449K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$405K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$4.55M |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$729K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$329K |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
-$48.6K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$40.1K |
RFDA Hedge Fund Activity: Q4 2019 in Review
19 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in ALPS Dynamic US Dividend Advantage ETF (RFDA) for Q4 2019, worth a combined $117M — up 8.7% from $108M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new RFDA positions and 3 closed out — a net gain of 2 holders — while 4 added to existing stakes and 9 trimmed.
The largest buyer was Truist Financial, opening a new position worth an estimated $18.3M. The largest seller was RiverFront Investment Group, cutting an estimated $4.55M.
- 19 institutional investors held ALPS Dynamic US Dividend Advantage ETF (RFDA) as of Q4 2019, up from 18 in Q3 2019.
- Funds reported $117M of ALPS Dynamic US Dividend Advantage ETF stock for Q4 2019, up 8.7% quarter-over-quarter.
- 5 funds opened new ALPS Dynamic US Dividend Advantage ETF positions in Q4 2019 and 3 closed out, a net change of +2 holders.
- The largest ALPS Dynamic US Dividend Advantage ETF buyer in Q4 2019 was Truist Financial, an estimated $18.3M added.
- The largest ALPS Dynamic US Dividend Advantage ETF seller in Q4 2019 was RiverFront Investment Group, an estimated $4.55M sold.
Based on aggregated 13F filings for Q4 2019.