First Trust RiverFront Dynamic Developed International ETF
RFDI
56 hedge funds and large institutions have $222M invested in First Trust RiverFront Dynamic Developed International ETF in 2019 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 20 increasing their positions, 24 reducing their positions, and 6 closing their positions.
0.34% more ownership
Funds ownership: 70.08% → 70.41% (+0.34%)
6% less capital invested
Capital invested by funds: $237M → $222M (-$14.8M)
7% less funds holding
Funds holding: 60 → 56 (-4)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
17% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$2.25M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.5M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$1.04M |
| 4 |
NFG
Next Financial Group
Houston,
Texas
|
+$966K |
| 5 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$941K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$9.51M |
| 2 |
Jane Street
New York
|
-$7.11M |
| 3 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$2.39M |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$1.7M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| $17K | -$170 | -3 | -1% |
|
|
GWM
52
Geneos Wealth Management
Englewood,
Colorado
| $11K | – | – | – |
|
|
SPIA
53
Steward Partners Investment Advisory
New York
| $9K | +$9.28K | +164 | New |
|
|
FHA
54
Flagship Harbor Advisors
Boston,
Massachusetts
| $1K | – | – | – |
|
55
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1K | – | – | – |
|
56
Ameriprise
Minneapolis,
Minnesota
| – | -$446K | -7,909 | Closed |
|
57
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$306K | -5,453 | Closed |
|
58
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$45K | -800 | Closed |
|
|
CWA
59
Clarus Wealth Advisors
Peoria,
Arizona
| – | -$28K | -500 | Closed |
|
60
Bank of America
Charlotte,
North Carolina
| – | -$4K | -77 | Closed |
|
61
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$3K | -53 | Closed |
|
|
LFG
62
Larson Financial Group
St Louis,
Missouri
| – | +$113 | +2 | New |
|
RFDI Hedge Fund Activity: Q2 2019 in Review
56 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Trust RiverFront Dynamic Developed International ETF (RFDI) for Q2 2019, worth a combined $222M — down 6.3% from $237M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of RFDI and 5 opened new positions — a net loss of 1 holder — while 24 trimmed existing stakes and 20 added.
The largest buyer was Prospera Financial Services, opening a new position worth an estimated $2.25M. The largest seller was Morgan Stanley, cutting an estimated $9.51M.
- 56 institutional investors held First Trust RiverFront Dynamic Developed International ETF (RFDI) as of Q2 2019, down from 60 in Q1 2019.
- Funds reported $222M of First Trust RiverFront Dynamic Developed International ETF stock for Q2 2019, down 6.3% quarter-over-quarter.
- 5 funds opened new First Trust RiverFront Dynamic Developed International ETF positions in Q2 2019 and 6 closed out, a net change of -1 holder.
- The largest First Trust RiverFront Dynamic Developed International ETF buyer in Q2 2019 was Prospera Financial Services, an estimated $2.25M added.
- The largest First Trust RiverFront Dynamic Developed International ETF seller in Q2 2019 was Morgan Stanley, an estimated $9.51M sold.
Based on aggregated 13F filings for Q2 2019.