First Trust RiverFront Dynamic Developed International ETF
RFDI
57 hedge funds and large institutions have $167M invested in First Trust RiverFront Dynamic Developed International ETF in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 29 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
2% more funds holding
Funds holding: 56 → 57 (+1)
5.33% less ownership
Funds ownership: 70.41% → 65.08% (-5.3%)
25% less capital invested
Capital invested by funds: $222M → $167M (-$55M)
59% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$4.95M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.13M |
| 3 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$1.28M |
| 4 |
Goldman Sachs
New York
|
+$906K |
| 5 |
IA
IFG Advisory
Atlanta,
Georgia
|
+$320K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$10.3M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$7.39M |
| 3 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$6.29M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$6.05M |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$5.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HNB
51
Huntington National Bank
Columbus,
Ohio
| $18K | – | – | – |
|
|
GWM
52
Geneos Wealth Management
Englewood,
Colorado
| $11K | – | – | – |
|
|
SPIA
53
Steward Partners Investment Advisory
New York
| $9K | – | – | – |
|
|
FHA
54
Flagship Harbor Advisors
Boston,
Massachusetts
| $1K | – | – | – |
|
55
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1K | – | – | – |
|
56
Koshinski Asset Management
Decatur,
Illinois
| – | -$2.05M | -36,068 | Closed |
|
57
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$585K | -10,307 | Closed |
|
|
CF
58
Centaurus Financial
Anaheim,
California
| – | -$127K | -2,236 | Closed |
|
|
TPWA
59
TRUE Private Wealth Advisors
Salem,
Oregon
| – | -$56K | -997 | Closed |
|
|
GSWM
60
Golden State Wealth Management
Santa Ana,
California
| – | -$22K | -400 | Closed |
|
|
TRCT
61
Tower Research Capital (TRC)
New York
| – | -$16.7K | -302 | -100% |
|
|
LFG
62
Larson Financial Group
St Louis,
Missouri
| – | +$55 | +1 | +50% |
|
RFDI Hedge Fund Activity: Q3 2019 in Review
57 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust RiverFront Dynamic Developed International ETF (RFDI) for Q3 2019, worth a combined $167M — down 25% from $222M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new RFDI positions and 5 closed out — a net gain of 1 holder — while 12 added to existing stakes and 29 trimmed.
The largest buyer was Jane Street, adding an estimated $4.95M. The largest seller was Royal Bank of Canada, cutting an estimated $10.3M.
- 57 institutional investors held First Trust RiverFront Dynamic Developed International ETF (RFDI) as of Q3 2019, up from 56 in Q2 2019.
- Funds reported $167M of First Trust RiverFront Dynamic Developed International ETF stock for Q3 2019, down 25% quarter-over-quarter.
- 6 funds opened new First Trust RiverFront Dynamic Developed International ETF positions in Q3 2019 and 5 closed out, a net change of +1 holder.
- The largest First Trust RiverFront Dynamic Developed International ETF buyer in Q3 2019 was Jane Street, an estimated $4.95M added.
- The largest First Trust RiverFront Dynamic Developed International ETF seller in Q3 2019 was Royal Bank of Canada, an estimated $10.3M sold.
Based on aggregated 13F filings for Q3 2019.