First Trust RiverFront Dynamic Developed International ETF
RFDI
45 hedge funds and large institutions have $127M invested in First Trust RiverFront Dynamic Developed International ETF in 2021 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 16 increasing their positions, 16 reducing their positions, and 4 closing their positions.
23% more capital invested
Capital invested by funds: $104M → $127M (+$23.7M)
9.25% more ownership
Funds ownership: 69.89% → 79.14% (+9.2%)
0% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 16
4% less funds holding
Funds holding: 47 → 45 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$9.9M |
| 2 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$9.75M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$3.24M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.03M |
| 5 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$817K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.99M |
| 2 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$1.18M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$723K |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$471K |
| 5 |
CWM
Cranbrook Wealth Management
Bloomfield Hills,
Michigan
|
-$460K |
RFDI Hedge Fund Activity: Q1 2021 in Review
45 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in First Trust RiverFront Dynamic Developed International ETF (RFDI) for Q1 2021, worth a combined $127M — up 23% from $104M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of RFDI and 2 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 16 added.
The largest buyer was Envestnet Asset Management, adding an estimated $9.9M. The largest seller was Morgan Stanley, cutting an estimated $1.99M.
- 45 institutional investors held First Trust RiverFront Dynamic Developed International ETF (RFDI) as of Q1 2021, down from 47 in Q4 2020.
- Funds reported $127M of First Trust RiverFront Dynamic Developed International ETF stock for Q1 2021, up 23% quarter-over-quarter.
- 2 funds opened new First Trust RiverFront Dynamic Developed International ETF positions in Q1 2021 and 4 closed out, a net change of -2 holders.
- The largest First Trust RiverFront Dynamic Developed International ETF buyer in Q1 2021 was Envestnet Asset Management, an estimated $9.9M added.
- The largest First Trust RiverFront Dynamic Developed International ETF seller in Q1 2021 was Morgan Stanley, an estimated $1.99M sold.
Based on aggregated 13F filings for Q1 2021.