ALPS Dynamic US Dividend Advantage ETF
RFDA
19 hedge funds and large institutions have $122M invested in ALPS Dynamic US Dividend Advantage ETF in 2020 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 1 closing their positions.
3% more capital invested
Capital invested by funds: $119M → $122M (+$3.26M)
0% more funds holding
Funds holding: 19 → 19 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
0.36% less ownership
Funds ownership: 91.64% → 91.28% (-0.36%)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$648K |
| 2 |
Koshinski Asset Management
Decatur,
Illinois
|
+$414K |
| 3 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$383K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$153K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$58K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$3.81M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
-$1.86M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.57M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$850K |
| 5 |
T
TRUADVICE
Sarasota,
Florida
|
-$437K |
RFDA Hedge Fund Activity: Q4 2020 in Review
19 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in ALPS Dynamic US Dividend Advantage ETF (RFDA) for Q4 2020, worth a combined $122M — up 2.7% from $119M a quarter earlier.
Fund positioning in RFDA was balanced in Q4 2020: 1 fund opened new positions, 1 closed out, 7 added to existing stakes and 9 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $648K. The largest seller was RiverFront Investment Group, cutting an estimated $3.81M.
- 19 institutional investors held ALPS Dynamic US Dividend Advantage ETF (RFDA) as of Q4 2020, unchanged from Q3 2020.
- Funds reported $122M of ALPS Dynamic US Dividend Advantage ETF stock for Q4 2020, up 2.7% quarter-over-quarter.
- 1 fund opened new ALPS Dynamic US Dividend Advantage ETF positions in Q4 2020 and 1 closed out, a net change of 0 holders.
- The largest ALPS Dynamic US Dividend Advantage ETF buyer in Q4 2020 was Susquehanna International Group, an estimated $648K added.
- The largest ALPS Dynamic US Dividend Advantage ETF seller in Q4 2020 was RiverFront Investment Group, an estimated $3.81M sold.
Based on aggregated 13F filings for Q4 2020.