Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
23 hedge funds and large institutions have $27.7M invested in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 4 reducing their positions, and 2 closing their positions.
175% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 4
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
18% more capital invested
Capital invested by funds: $23.5M → $27.7M (+$4.2M)
10% more funds holding
Funds holding: 21 → 23 (+2)
0.9% less ownership
Funds ownership: 27.03% → 26.13% (-0.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIC
Cutler Investment Counsel
Jacksonville,
Oregon
|
+$2.58M |
| 2 |
Jane Street
New York
|
+$1.99M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$1.38M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$863K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$543K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NYLIM
New York Life Investment Management
New York
|
-$2.82M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$288K |
| 3 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$54.2K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$10.4K |
| 5 |
AIG
American International Group
New York
|
-$1.69K |
PDN Hedge Fund Activity: Q4 2013 in Review
23 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) for Q4 2013, worth a combined $27.7M — up 18% from $23.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PDN positions and 2 closed out — a net gain of 3 holders — while 11 added to existing stakes and 4 trimmed.
The largest buyer was Cutler Investment Counsel, adding an estimated $2.58M. The largest seller was New York Life Investment Management, exiting entirely with an estimated $2.82M sold.
- 23 institutional investors held Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) as of Q4 2013, up from 21 in Q3 2013.
- Funds reported $27.7M of Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF stock for Q4 2013, up 18% quarter-over-quarter.
- 5 funds opened new Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF positions in Q4 2013 and 2 closed out, a net change of +3 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF buyer in Q4 2013 was Cutler Investment Counsel, an estimated $2.58M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF seller in Q4 2013 was New York Life Investment Management, an estimated $2.82M sold.
Based on aggregated 13F filings for Q4 2013.