ALPS Dynamic US Dividend Advantage ETF
RFDA
19 hedge funds and large institutions have $119M invested in ALPS Dynamic US Dividend Advantage ETF in 2020 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 11 reducing their positions, and 2 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
2.19% more ownership
Funds ownership: 89.46% → 91.64% (+2.2%)
1% more capital invested
Capital invested by funds: $118M → $119M (+$761K)
5% less funds holding
Funds holding: 20 → 19 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
64% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$366K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$249K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$55.2K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$27.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$5.59M |
| 2 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$3.4M |
| 3 |
HH
Hilltop Holdings
Dallas,
Texas
|
-$1.13M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$768K |
| 5 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$582K |
RFDA Hedge Fund Activity: Q3 2020 in Review
19 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in ALPS Dynamic US Dividend Advantage ETF (RFDA) for Q3 2020, worth a combined $119M — up 0.64% from $118M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of RFDA and 1 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 4 added.
The largest buyer was Janney Montgomery Scott, adding an estimated $366K. The largest seller was Raymond James & Associates, cutting an estimated $5.59M.
- 19 institutional investors held ALPS Dynamic US Dividend Advantage ETF (RFDA) as of Q3 2020, down from 20 in Q2 2020.
- Funds reported $119M of ALPS Dynamic US Dividend Advantage ETF stock for Q3 2020, up 0.64% quarter-over-quarter.
- 1 fund opened new ALPS Dynamic US Dividend Advantage ETF positions in Q3 2020 and 2 closed out, a net change of -1 holder.
- The largest ALPS Dynamic US Dividend Advantage ETF buyer in Q3 2020 was Janney Montgomery Scott, an estimated $366K added.
- The largest ALPS Dynamic US Dividend Advantage ETF seller in Q3 2020 was Raymond James & Associates, an estimated $5.59M sold.
Based on aggregated 13F filings for Q3 2020.