ALPS Active Equity Opportunity ETF
RFFC
19 hedge funds and large institutions have $20.6M invested in ALPS Active Equity Opportunity ETF in 2023 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 12 reducing their positions, and 2 closing their positions.
10.34% less ownership
Funds ownership: 103.95% → 93.6% (-10%)
14% less funds holding
Funds holding: 22 → 19 (-3)
24% less capital invested
Capital invested by funds: $27.1M → $20.6M (-$6.5M)
83% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 12
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$238K |
| 2 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$581 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.47M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
-$2.01M |
| 3 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$444K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$433K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$335K |
RFFC Hedge Fund Activity: Q1 2023 in Review
19 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in ALPS Active Equity Opportunity ETF (RFFC) for Q1 2023, worth a combined $20.6M — down 24% from $27.1M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of RFFC and 0 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 2 added.
The largest buyer was Prospera Financial Services, adding an estimated $238K. The largest seller was Envestnet Asset Management, cutting an estimated $3.47M.
- 19 institutional investors held ALPS Active Equity Opportunity ETF (RFFC) as of Q1 2023, down from 22 in Q4 2022.
- Funds reported $20.6M of ALPS Active Equity Opportunity ETF stock for Q1 2023, down 24% quarter-over-quarter.
- 0 funds opened new ALPS Active Equity Opportunity ETF positions in Q1 2023 and 2 closed out, a net change of -2 holders.
- The largest ALPS Active Equity Opportunity ETF buyer in Q1 2023 was Prospera Financial Services, an estimated $238K added.
- The largest ALPS Active Equity Opportunity ETF seller in Q1 2023 was Envestnet Asset Management, an estimated $3.47M sold.
Based on aggregated 13F filings for Q1 2023.