Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
28 hedge funds and large institutions have $32.4M invested in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 16 increasing their positions, 3 reducing their positions, and 2 closing their positions.
433% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 3
0.07% less ownership
Funds ownership: 29.42% → 29.35% (-0.07%)
3% less funds holding
Funds holding: 29 → 28 (-1)
6% less capital invested
Capital invested by funds: $34.4M → $32.4M (-$1.99M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.02M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$320K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$276K |
| 4 |
Morgan Stanley
New York
|
+$194K |
| 5 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
+$192K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.42M |
| 2 |
Goldman Sachs
New York
|
-$731K |
| 3 |
Jane Street
New York
|
-$527K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$55.4K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$30.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1IC
26
1919 Investment Counsel
Baltimore,
Maryland
| $3K | – | – | – |
|
27
Citigroup
New York
| $3K | – | – | – |
|
|
MFS
28
MSI Financial Services
Springfield,
Massachusetts
| $1K | – | – | – |
|
|
29
Goldman Sachs
New York
| – | -$731K | -25,008 | Closed |
|
|
30
Jane Street
New York
| – | -$527K | -18,011 | Closed |
|
PDN Hedge Fund Activity: Q3 2014 in Review
28 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) for Q3 2014, worth a combined $32.4M — down 5.8% from $34.4M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of PDN and 1 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 16 added.
The largest buyer was Bank of America, adding an estimated $1.02M. The largest seller was Susquehanna International Group, cutting an estimated $1.42M.
- 28 institutional investors held Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) as of Q3 2014, down from 29 in Q2 2014.
- Funds reported $32.4M of Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF stock for Q3 2014, down 5.8% quarter-over-quarter.
- 1 fund opened new Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF positions in Q3 2014 and 2 closed out, a net change of -1 holder.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF buyer in Q3 2014 was Bank of America, an estimated $1.02M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF seller in Q3 2014 was Susquehanna International Group, an estimated $1.42M sold.
Based on aggregated 13F filings for Q3 2014.