AAM S&P 500 High Dividend Value ETF
SPDV
34 hedge funds and large institutions have $33.5M invested in AAM S&P 500 High Dividend Value ETF in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 18 reducing their positions, and 5 closing their positions.
1.76% more ownership
Funds ownership: 45.71% → 47.47% (+1.8%)
3% less capital invested
Capital invested by funds: $34.5M → $33.5M (-$1M)
11% less funds holding
Funds holding: 38 → 34 (-4)
44% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 18
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$4.6M |
| 2 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$244K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$183K |
| 4 |
RIA
Realta Investment Advisors
Wilmington,
Delaware
|
+$33.9K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$17.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
-$1.42M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.36M |
| 3 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$734K |
| 4 |
Jane Street
New York
|
-$493K |
| 5 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
-$411K |
SPDV Hedge Fund Activity: Q2 2023 in Review
34 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in AAM S&P 500 High Dividend Value ETF (SPDV) for Q2 2023, worth a combined $33.5M — down 2.9% from $34.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SPDV and 1 opened new positions — a net loss of 4 holders — while 18 trimmed existing stakes and 10 added.
The largest buyer was LPL Financial, adding an estimated $4.6M. The largest seller was Financial Advocates Investment Management, cutting an estimated $1.42M.
- 34 institutional investors held AAM S&P 500 High Dividend Value ETF (SPDV) as of Q2 2023, down from 38 in Q1 2023.
- Funds reported $33.5M of AAM S&P 500 High Dividend Value ETF stock for Q2 2023, down 2.9% quarter-over-quarter.
- 1 fund opened new AAM S&P 500 High Dividend Value ETF positions in Q2 2023 and 5 closed out, a net change of -4 holders.
- The largest AAM S&P 500 High Dividend Value ETF buyer in Q2 2023 was LPL Financial, an estimated $4.6M added.
- The largest AAM S&P 500 High Dividend Value ETF seller in Q2 2023 was Financial Advocates Investment Management, an estimated $1.42M sold.
Based on aggregated 13F filings for Q2 2023.