Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
29 hedge funds and large institutions have $34.4M invested in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 4 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
275% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 4
16% more funds holding
Funds holding: 25 → 29 (+4)
12% more capital invested
Capital invested by funds: $30.7M → $34.4M (+$3.73M)
2.27% more ownership
Funds ownership: 27.14% → 29.42% (+2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$864K |
| 2 |
BOTW
Bank of the West
Monterey Park,
California
|
+$546K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$540K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$416K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$377K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.03M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$825K |
| 3 |
Morgan Stanley
New York
|
-$199K |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$98.6K |
| 5 |
MA
MUFG Americas
New York
|
-$8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of Montreal
Toronto,
Ontario, Canada
| $6K | – | – | – |
|
|
1IC
27
1919 Investment Counsel
Baltimore,
Maryland
| $3K | – | – | – |
|
28
Citigroup
New York
| $3K | – | – | – |
|
|
MFS
29
MSI Financial Services
Springfield,
Massachusetts
| $1K | – | – | – |
|
|
MA
30
MUFG Americas
New York
| – | -$8K | -300 | Closed |
|
PDN Hedge Fund Activity: Q2 2014 in Review
29 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) for Q2 2014, worth a combined $34.4M — up 12% from $30.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PDN positions and 1 closed out — a net gain of 4 holders — while 15 added to existing stakes and 4 trimmed.
The largest buyer was Bank of America, adding an estimated $864K. The largest seller was Jane Street, cutting an estimated $1.03M.
- 29 institutional investors held Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) as of Q2 2014, up from 25 in Q1 2014.
- Funds reported $34.4M of Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF stock for Q2 2014, up 12% quarter-over-quarter.
- 5 funds opened new Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF positions in Q2 2014 and 1 closed out, a net change of +4 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF buyer in Q2 2014 was Bank of America, an estimated $864K added.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF seller in Q2 2014 was Jane Street, an estimated $1.03M sold.
Based on aggregated 13F filings for Q2 2014.