First Trust RiverFront Dynamic Developed International ETF
RFDI
58 hedge funds and large institutions have $229M invested in First Trust RiverFront Dynamic Developed International ETF in 2018 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 29 reducing their positions, and 15 closing their positions.
3.14% less ownership
Funds ownership: 70.42% → 67.28% (-3.1%)
11% less funds holding
Funds holding: 65 → 58 (-7)
44% less capital invested
Capital invested by funds: $411M → $229M (-$182M)
47% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 15
48% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 29
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.63M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.81M |
| 3 |
Jane Street
New York
|
+$3.31M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.15M |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$67.4M |
| 2 |
LPL Financial
San Diego,
California
|
-$14.4M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$13M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$11.5M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$10.4M |
RFDI Hedge Fund Activity: Q4 2018 in Review
58 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in First Trust RiverFront Dynamic Developed International ETF (RFDI) for Q4 2018, worth a combined $229M — down 44% from $411M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of RFDI and 8 opened new positions — a net loss of 7 holders — while 29 trimmed existing stakes and 15 added.
The largest buyer was Royal Bank of Canada, adding an estimated $5.63M. The largest seller was Morgan Stanley, cutting an estimated $67.4M.
- 58 institutional investors held First Trust RiverFront Dynamic Developed International ETF (RFDI) as of Q4 2018, down from 65 in Q3 2018.
- Funds reported $229M of First Trust RiverFront Dynamic Developed International ETF stock for Q4 2018, down 44% quarter-over-quarter.
- 8 funds opened new First Trust RiverFront Dynamic Developed International ETF positions in Q4 2018 and 15 closed out, a net change of -7 holders.
- The largest First Trust RiverFront Dynamic Developed International ETF buyer in Q4 2018 was Royal Bank of Canada, an estimated $5.63M added.
- The largest First Trust RiverFront Dynamic Developed International ETF seller in Q4 2018 was Morgan Stanley, an estimated $67.4M sold.
Based on aggregated 13F filings for Q4 2018.