Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
30 hedge funds and large institutions have $32.2M invested in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF in 2014 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
7% more funds holding
Funds holding: 28 → 30 (+2)
1.58% more ownership
Funds ownership: 29.35% → 30.92% (+1.6%)
1% less capital invested
Capital invested by funds: $32.4M → $32.2M (-$252K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BOTW
Bank of the West
Monterey Park,
California
|
+$2.61M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.93M |
| 3 |
Goldman Sachs
New York
|
+$388K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$279K |
| 5 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
+$214K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIC
Cutler Investment Counsel
Jacksonville,
Oregon
|
-$2.71M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$742K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$626K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$552K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$228K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAA
26
Managed Account Advisors
Jersey City,
New Jersey
| $9K | +$9.51K | +360 | New |
|
27
Bank of Montreal
Toronto,
Ontario, Canada
| $5K | – | – | – |
|
28
Citigroup
New York
| $3K | – | – | – |
|
|
MFS
29
MSI Financial Services
Springfield,
Massachusetts
| $1K | – | – | – |
|
|
30
Envestnet Asset Management
Chicago,
Illinois
| – | -$742K | -26,865 | Closed |
|
|
RJA
31
Raymond James & Associates
St Petersburg,
Florida
| – | -$626K | -22,681 | Closed |
|
|
32
HighTower Advisors
Chicago,
Illinois
| – | -$228K | -8,263 | Closed |
|
33
Ameriprise
Minneapolis,
Minnesota
| – | -$120K | -4,340 | Closed |
|
34
Parallax Volatility Advisers
San Francisco,
California
| – | +$26 | +1 | New |
|
PDN Hedge Fund Activity: Q4 2014 in Review
30 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) for Q4 2014, worth a combined $32.2M — down 0.78% from $32.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PDN positions and 4 closed out — a net gain of 4 holders — while 10 added to existing stakes and 7 trimmed.
The largest buyer was Bank of the West, adding an estimated $2.61M. The largest seller was Cutler Investment Counsel, cutting an estimated $2.71M.
- 30 institutional investors held Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) as of Q4 2014, up from 28 in Q3 2014.
- Funds reported $32.2M of Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF stock for Q4 2014, down 0.78% quarter-over-quarter.
- 8 funds opened new Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF positions in Q4 2014 and 4 closed out, a net change of +4 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF buyer in Q4 2014 was Bank of the West, an estimated $2.61M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF seller in Q4 2014 was Cutler Investment Counsel, an estimated $2.71M sold.
Based on aggregated 13F filings for Q4 2014.