ALPS Dynamic US Dividend Advantage ETF
RFDA
16 hedge funds and large institutions have $132M invested in ALPS Dynamic US Dividend Advantage ETF in 2021 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 4 closing their positions.
0% less capital invested
Capital invested by funds: $132M → $132M (-$486K)
2.21% less ownership
Funds ownership: 106.83% → 104.62% (-2.2%)
20% less funds holding
Funds holding: 20 → 16 (-4)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$694K |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$202K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$27.9K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$15.1K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$10.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$2.02M |
| 2 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$1.04M |
| 3 |
Koshinski Asset Management
Decatur,
Illinois
|
-$945K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$458K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$375K |
RFDA Hedge Fund Activity: Q2 2021 in Review
16 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in ALPS Dynamic US Dividend Advantage ETF (RFDA) for Q2 2021, worth a combined $132M — down 0.37% from $132M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of RFDA and 1 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 5 added.
The largest buyer was Susquehanna International Group, adding an estimated $694K. The largest seller was Citadel Advisors, exiting entirely with an estimated $2.02M sold.
- 16 institutional investors held ALPS Dynamic US Dividend Advantage ETF (RFDA) as of Q2 2021, down from 20 in Q1 2021.
- Funds reported $132M of ALPS Dynamic US Dividend Advantage ETF stock for Q2 2021, down 0.37% quarter-over-quarter.
- 1 fund opened new ALPS Dynamic US Dividend Advantage ETF positions in Q2 2021 and 4 closed out, a net change of -3 holders.
- The largest ALPS Dynamic US Dividend Advantage ETF buyer in Q2 2021 was Susquehanna International Group, an estimated $694K added.
- The largest ALPS Dynamic US Dividend Advantage ETF seller in Q2 2021 was Citadel Advisors, an estimated $2.02M sold.
Based on aggregated 13F filings for Q2 2021.