ALPS Dynamic US Dividend Advantage ETF
RFDA
20 hedge funds and large institutions have $118M invested in ALPS Dynamic US Dividend Advantage ETF in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 0 closing their positions.
52% more capital invested
Capital invested by funds: $77.9M → $118M (+$40.3M)
25% more funds holding
Funds holding: 16 → 20 (+4)
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
6.13% more ownership
Funds ownership: 83.33% → 89.46% (+6.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$15.6M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$2.84M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.51M |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$1.17M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Koshinski Asset Management
Decatur,
Illinois
|
-$1.06M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$983K |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$936K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$689K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$464K |
RFDA Hedge Fund Activity: Q2 2020 in Review
20 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in ALPS Dynamic US Dividend Advantage ETF (RFDA) for Q2 2020, worth a combined $118M — up 52% from $77.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new RFDA positions and 0 closed out — a net gain of 4 holders — while 7 added to existing stakes and 6 trimmed.
The largest buyer was RiverFront Investment Group, adding an estimated $15.6M. The largest seller was Koshinski Asset Management, cutting an estimated $1.06M.
- 20 institutional investors held ALPS Dynamic US Dividend Advantage ETF (RFDA) as of Q2 2020, up from 16 in Q1 2020.
- Funds reported $118M of ALPS Dynamic US Dividend Advantage ETF stock for Q2 2020, up 52% quarter-over-quarter.
- 4 funds opened new ALPS Dynamic US Dividend Advantage ETF positions in Q2 2020 and 0 closed out, a net change of +4 holders.
- The largest ALPS Dynamic US Dividend Advantage ETF buyer in Q2 2020 was RiverFront Investment Group, an estimated $15.6M added.
- The largest ALPS Dynamic US Dividend Advantage ETF seller in Q2 2020 was Koshinski Asset Management, an estimated $1.06M sold.
Based on aggregated 13F filings for Q2 2020.