First Trust SMID Cap Rising Dividend Achievers ETF
SDVY
308 hedge funds and large institutions have $3.19B invested in First Trust SMID Cap Rising Dividend Achievers ETF in 2024 Q1 according to their latest regulatory filings, with 84 funds opening new positions, 167 increasing their positions, 44 reducing their positions, and 12 closing their positions.
2,511% more capital inflows, than outflows
Capital inflows: $1.16B | Capital outflows: $44.6M
600% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 12
280% more repeat investments, than reductions
Existing positions increased: 167 | Existing positions reduced: 44
75% more funds holding in top 10
Funds holding in top 10: 8 → 14 (+6)
30% more funds holding
Funds holding: 237 → 308 (+71)
31.33% less ownership
Funds ownership: 112.45% → 81.12% (-31%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$138M |
| 2 |
LPL Financial
San Diego,
California
|
+$136M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$94.2M |
| 4 |
LI
LVZ Inc
Holland,
Michigan
|
+$87.9M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$69.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AE Wealth Management
Topeka,
Kansas
|
-$11.6M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$3.99M |
| 3 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$3.8M |
| 4 |
IF
Intrua Financial
Houston,
Texas
|
-$3.74M |
| 5 |
Jane Street
New York
|
-$3.63M |
SDVY Hedge Fund Activity: Q1 2024 in Review
308 of the 6,963 institutional investors tracked by Wall St. Rank reported a position in First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) for Q1 2024, worth a combined $3.19B — up 70% from $1.88B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new SDVY positions and 12 closed out — a net gain of 72 holders — while 167 added to existing stakes and 44 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $138M. The largest seller was AE Wealth Management, cutting an estimated $11.6M.
- 308 institutional investors held First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) as of Q1 2024, up from 237 in Q4 2023.
- Funds reported $3.19B of First Trust SMID Cap Rising Dividend Achievers ETF stock for Q1 2024, up 70% quarter-over-quarter.
- 84 funds opened new First Trust SMID Cap Rising Dividend Achievers ETF positions in Q1 2024 and 12 closed out, a net change of +72 holders.
- The largest First Trust SMID Cap Rising Dividend Achievers ETF buyer in Q1 2024 was Morgan Stanley, an estimated $138M added.
- The largest First Trust SMID Cap Rising Dividend Achievers ETF seller in Q1 2024 was AE Wealth Management, an estimated $11.6M sold.
Based on aggregated 13F filings for Q1 2024.