First Trust SMID Cap Rising Dividend Achievers ETF
SDVY
167 hedge funds and large institutions have $829M invested in First Trust SMID Cap Rising Dividend Achievers ETF in 2023 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 75 increasing their positions, 62 reducing their positions, and 17 closing their positions.
29% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 17
21% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 62
2.59% more ownership
Funds ownership: 69.11% → 71.7% (+2.6%)
2% more funds holding
Funds holding: 164 → 167 (+3)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
4% less capital invested
Capital invested by funds: $862M → $829M (-$33.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$14M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$8.4M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$8.19M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
+$6.89M |
| 5 |
PSCM
Per Stirling Capital Management
Austin,
Texas
|
+$5.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$11.9M |
| 2 |
CA
Crumly & Associates
Springfield,
Illinois
|
-$3.3M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$2.7M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.58M |
| 5 |
WA
Waverly Advisors
Birmingham,
Alabama
|
-$2.48M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$488K | -18,323 | Closed |
|
|
OWM
177
OneAscent Wealth Management
Birmingham,
Alabama
| – | -$464K | -17,416 | Closed |
|
|
JAWM
178
J. Arnold Wealth Management
Youngstown,
Ohio
| – | -$267K | -10,000 | Closed |
|
179
Renaissance Technologies
New York
| – | -$240K | -9,000 | Closed |
|
|
AWM
180
Accel Wealth Management
Waverly,
Iowa
| – | -$154K | -5,788 | Closed |
|
|
ASN
181
Advisory Services Network
Atlanta,
Georgia
| – | -$68K | -2,550 | Closed |
|
182
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$68K | -2,536 | Closed |
|
|
TAM
183
Tucker Asset Management
Littleton,
Colorado
| – | -$66.1K | -2,480 | Closed |
|
|
CG
184
Cutler Group
San Francisco,
California
| – | -$13K | -500 | Closed |
|
SDVY Hedge Fund Activity: Q2 2023 in Review
167 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) for Q2 2023, worth a combined $829M — down 3.8% from $862M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new SDVY positions and 17 closed out — a net gain of 5 holders — while 75 added to existing stakes and 62 trimmed.
The largest buyer was Osaic Holdings, adding an estimated $14M. The largest seller was LPL Financial, cutting an estimated $11.9M.
- 167 institutional investors held First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) as of Q2 2023, up from 164 in Q1 2023.
- Funds reported $829M of First Trust SMID Cap Rising Dividend Achievers ETF stock for Q2 2023, down 3.8% quarter-over-quarter.
- 22 funds opened new First Trust SMID Cap Rising Dividend Achievers ETF positions in Q2 2023 and 17 closed out, a net change of +5 holders.
- The largest First Trust SMID Cap Rising Dividend Achievers ETF buyer in Q2 2023 was Osaic Holdings, an estimated $14M added.
- The largest First Trust SMID Cap Rising Dividend Achievers ETF seller in Q2 2023 was LPL Financial, an estimated $11.9M sold.
Based on aggregated 13F filings for Q2 2023.