ALPS Dynamic US Dividend Advantage ETF
RFDA
27 hedge funds and large institutions have $87.1M invested in ALPS Dynamic US Dividend Advantage ETF in 2026 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
15% more capital invested
Capital invested by funds: $75.9M → $87.1M (+$11.2M)
13% more funds holding
Funds holding: 24 → 27 (+3)
0.31% more ownership
Funds ownership: 100.66% → 100.98% (+0.31%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
+$2.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.24M |
| 3 |
EL
EWA LLC
Pittsbugh,
Pennsylvania
|
+$685K |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
+$464K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$382K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$1.46M |
| 2 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$1.02M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$409K |
| 4 |
Two Sigma Investments
New York
|
-$274K |
| 5 |
RPGNY
Retirement Planning Group (New York)
Malta,
New York
|
-$134K |
RFDA Hedge Fund Activity: Q2 2026 in Review
27 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in ALPS Dynamic US Dividend Advantage ETF (RFDA) for Q2 2026, worth a combined $87.1M — up 15% from $75.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new RFDA positions and 1 closed out — a net gain of 3 holders — while 11 added to existing stakes and 9 trimmed.
The largest buyer was ALPS Advisors, adding an estimated $2.3M. The largest seller was Prospera Financial Services, cutting an estimated $1.46M.
- 27 institutional investors held ALPS Dynamic US Dividend Advantage ETF (RFDA) as of Q2 2026, up from 24 in Q1 2026.
- Funds reported $87.1M of ALPS Dynamic US Dividend Advantage ETF stock for Q2 2026, up 15% quarter-over-quarter.
- 4 funds opened new ALPS Dynamic US Dividend Advantage ETF positions in Q2 2026 and 1 closed out, a net change of +3 holders.
- The largest ALPS Dynamic US Dividend Advantage ETF buyer in Q2 2026 was ALPS Advisors, an estimated $2.3M added.
- The largest ALPS Dynamic US Dividend Advantage ETF seller in Q2 2026 was Prospera Financial Services, an estimated $1.46M sold.
Based on aggregated 13F filings for Q2 2026.