First Trust RiverFront Dynamic Developed International ETF
RFDI
44 hedge funds and large institutions have $89.7M invested in First Trust RiverFront Dynamic Developed International ETF in 2020 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 26 reducing their positions, and 5 closing their positions.
1.3% more ownership
Funds ownership: 64.55% → 65.86% (+1.3%)
2% less capital invested
Capital invested by funds: $91.3M → $89.7M (-$1.59M)
4% less funds holding
Funds holding: 46 → 44 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
77% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$805K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$360K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$83.4K |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$48.3K |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$20.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.52M |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$1.11M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.06M |
| 4 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$1M |
| 5 |
NFG
Next Financial Group
Houston,
Texas
|
-$749K |
RFDI Hedge Fund Activity: Q3 2020 in Review
44 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in First Trust RiverFront Dynamic Developed International ETF (RFDI) for Q3 2020, worth a combined $89.7M — down 1.7% from $91.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of RFDI and 3 opened new positions — a net loss of 2 holders — while 26 trimmed existing stakes and 6 added.
The largest buyer was FormulaFolio Investments, adding an estimated $805K. The largest seller was Morgan Stanley, cutting an estimated $1.52M.
- 44 institutional investors held First Trust RiverFront Dynamic Developed International ETF (RFDI) as of Q3 2020, down from 46 in Q2 2020.
- Funds reported $89.7M of First Trust RiverFront Dynamic Developed International ETF stock for Q3 2020, down 1.7% quarter-over-quarter.
- 3 funds opened new First Trust RiverFront Dynamic Developed International ETF positions in Q3 2020 and 5 closed out, a net change of -2 holders.
- The largest First Trust RiverFront Dynamic Developed International ETF buyer in Q3 2020 was FormulaFolio Investments, an estimated $805K added.
- The largest First Trust RiverFront Dynamic Developed International ETF seller in Q3 2020 was Morgan Stanley, an estimated $1.52M sold.
Based on aggregated 13F filings for Q3 2020.