ALPS Dynamic US Dividend Advantage ETF
RFDA
23 hedge funds and large institutions have $123M invested in ALPS Dynamic US Dividend Advantage ETF in 2022 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 4 closing their positions.
2.97% more ownership
Funds ownership: 104.47% → 107.45% (+3%)
0% more funds holding
Funds holding: 23 → 23 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
7% less capital invested
Capital invested by funds: $133M → $123M (-$9.9M)
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$1.85M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.32M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$268K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$210K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$59.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$15.7M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.75M |
| 3 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$467K |
| 4 |
MFT
Moisand Fitzgerald Tamayo
Orlando,
Florida
|
-$463K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$384K |
RFDA Hedge Fund Activity: Q1 2022 in Review
23 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in ALPS Dynamic US Dividend Advantage ETF (RFDA) for Q1 2022, worth a combined $123M — down 7.5% from $133M a quarter earlier.
Fund positioning in RFDA was balanced in Q1 2022: 4 funds opened new positions, 4 closed out, 6 added to existing stakes and 11 trimmed.
The largest buyer was Belpointe Asset Management, opening a new position worth an estimated $1.85M. The largest seller was RiverFront Investment Group, cutting an estimated $15.7M.
- 23 institutional investors held ALPS Dynamic US Dividend Advantage ETF (RFDA) as of Q1 2022, unchanged from Q4 2021.
- Funds reported $123M of ALPS Dynamic US Dividend Advantage ETF stock for Q1 2022, down 7.5% quarter-over-quarter.
- 4 funds opened new ALPS Dynamic US Dividend Advantage ETF positions in Q1 2022 and 4 closed out, a net change of 0 holders.
- The largest ALPS Dynamic US Dividend Advantage ETF buyer in Q1 2022 was Belpointe Asset Management, an estimated $1.85M added.
- The largest ALPS Dynamic US Dividend Advantage ETF seller in Q1 2022 was RiverFront Investment Group, an estimated $15.7M sold.
Based on aggregated 13F filings for Q1 2022.