AAM S&P 500 High Dividend Value ETF
SPDV
33 hedge funds and large institutions have $31.2M invested in AAM S&P 500 High Dividend Value ETF in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 4 closing their positions.
0.47% less ownership
Funds ownership: 47.47% → 47% (-0.47%)
3% less funds holding
Funds holding: 34 → 33 (-1)
7% less capital invested
Capital invested by funds: $33.5M → $31.2M (-$2.34M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
29% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
+$983K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$302K |
| 3 |
PVI
Pine Valley Investments
Marlton,
New Jersey
|
+$129K |
| 4 |
Jane Street
New York
|
+$89.1K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$64.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$1.17M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$220K |
| 3 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$216K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$208K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$189K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RG
26
Retirement Group
San Diego,
California
| $21.8K | -$51.2K | -1,800 | -69% |
|
|
NA
27
NewEdge Advisors
New Orleans,
Louisiana
| $19.1K | – | – | – |
|
28
UBS Group
Zurich,
Switzerland
| $9.71K | +$10.1K | +356 | New |
|
|
RCM
29
Raleigh Capital Management
Cary,
North Carolina
| $4.59K | +$28 | +1 | +0.6% |
|
|
SIS
30
Sound Income Strategies
Ft Lauderdale,
Florida
| $4.48K | – | – | – |
|
|
GRP
31
Global Retirement Partners
San Rafael,
California
| $27 | – | – | – |
|
32
Fidelity Investments
Boston,
Massachusetts
| $27 | +$28 | +1 | New |
|
33
Wells Fargo
San Francisco,
California
| $18 | -$37.7K | -1,323 | -100% |
|
|
AAS
34
Avantax Advisory Services
Dallas,
Texas
| – | -$1.17M | -41,000 | Closed |
|
|
KAS
35
Kestra Advisory Services
Austin,
Texas
| – | -$220K | -7,740 | Closed |
|
|
IWM
36
IHT Wealth Management
Chicago,
Illinois
| – | -$216K | -7,600 | Closed |
|
|
37
Ameriprise
Minneapolis,
Minnesota
| – | -$208K | -7,309 | Closed |
|
SPDV Hedge Fund Activity: Q3 2023 in Review
33 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in AAM S&P 500 High Dividend Value ETF (SPDV) for Q3 2023, worth a combined $31.2M — down 7% from $33.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of SPDV and 3 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 10 added.
The largest buyer was Financial Advocates Investment Management, adding an estimated $983K. The largest seller was Avantax Advisory Services, exiting entirely with an estimated $1.17M sold.
- 33 institutional investors held AAM S&P 500 High Dividend Value ETF (SPDV) as of Q3 2023, down from 34 in Q2 2023.
- Funds reported $31.2M of AAM S&P 500 High Dividend Value ETF stock for Q3 2023, down 7% quarter-over-quarter.
- 3 funds opened new AAM S&P 500 High Dividend Value ETF positions in Q3 2023 and 4 closed out, a net change of -1 holder.
- The largest AAM S&P 500 High Dividend Value ETF buyer in Q3 2023 was Financial Advocates Investment Management, an estimated $983K added.
- The largest AAM S&P 500 High Dividend Value ETF seller in Q3 2023 was Avantax Advisory Services, an estimated $1.17M sold.
Based on aggregated 13F filings for Q3 2023.