First Trust RiverFront Dynamic Developed International ETF
RFDI
61 hedge funds and large institutions have $477M invested in First Trust RiverFront Dynamic Developed International ETF in 2018 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 37 increasing their positions, 4 reducing their positions, and 3 closing their positions.
825% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 4
333% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 3
47% more capital invested
Capital invested by funds: $324M → $477M (+$153M)
17% more funds holding
Funds holding: 52 → 61 (+9)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4.4% less ownership
Funds ownership: 76.56% → 72.15% (-4.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$66.6M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$24M |
| 3 |
Morgan Stanley
New York
|
+$20.2M |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$11.5M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$8.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$1.01M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$387K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$35K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$7.72K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MOS
51
MGO One Seven
Beachwood,
Ohio
| $132K | – | – | – |
|
52
US Bancorp
Minneapolis,
Minnesota
| $120K | +$22.4K | +343 | +22% |
|
|
IA
53
IFP Advisors
Tampa,
Florida
| $106K | – | – | – |
|
|
SPIA
54
Steward Partners Investment Advisory
New York
| $61K | – | – | – |
|
55
Fifth Third Bancorp
Cincinnati,
Ohio
| $38K | +$38.8K | +593 | New |
|
|
PFGIA
56
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $14K | – | – | – |
|
|
GWM
57
Geneos Wealth Management
Englewood,
Colorado
| $12K | +$13.1K | +200 | New |
|
|
RIA
58
RPG Investment Advisory
Pleasanton,
California
| $8K | – | – | – |
|
|
IWM
59
IHT Wealth Management
Chicago,
Illinois
| $5K | +$3.66K | +56 | +295% |
|
60
SEI Investments
Oaks,
Pennsylvania
| $2K | – | – | – |
|
61
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $2K | +$1.57K | +24 | New |
|
|
SI
62
SII Investments
Appleton,
Wisconsin
| – | -$4.56M | -71,149 | Closed |
|
|
63
Bank of America
Charlotte,
North Carolina
| – | -$35K | -544 | Closed |
|
|
64
Wells Fargo
San Francisco,
California
| – | -$7K | -107 | Closed |
|
RFDI Hedge Fund Activity: Q1 2018 in Review
61 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in First Trust RiverFront Dynamic Developed International ETF (RFDI) for Q1 2018, worth a combined $477M — up 47% from $324M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new RFDI positions and 3 closed out — a net gain of 10 holders — while 37 added to existing stakes and 4 trimmed.
The largest buyer was RiverFront Investment Group, adding an estimated $66.6M. The largest seller was First Allied Advisory Services, cutting an estimated $1.01M.
- 61 institutional investors held First Trust RiverFront Dynamic Developed International ETF (RFDI) as of Q1 2018, up from 52 in Q4 2017.
- Funds reported $477M of First Trust RiverFront Dynamic Developed International ETF stock for Q1 2018, up 47% quarter-over-quarter.
- 13 funds opened new First Trust RiverFront Dynamic Developed International ETF positions in Q1 2018 and 3 closed out, a net change of +10 holders.
- The largest First Trust RiverFront Dynamic Developed International ETF buyer in Q1 2018 was RiverFront Investment Group, an estimated $66.6M added.
- The largest First Trust RiverFront Dynamic Developed International ETF seller in Q1 2018 was First Allied Advisory Services, an estimated $1.01M sold.
Based on aggregated 13F filings for Q1 2018.