Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
35 hedge funds and large institutions have $76.5M invested in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF in 2015 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
17% more funds holding
Funds holding: 30 → 35 (+5)
11% more capital invested
Capital invested by funds: $69.1M → $76.5M (+$7.38M)
1.63% more ownership
Funds ownership: 53.02% → 54.66% (+1.6%)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$2.78M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$1.95M |
| 3 |
Goldman Sachs
New York
|
+$1.26M |
| 4 |
Jane Street
New York
|
+$1.17M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$506K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$882K |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$759K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$445K |
| 4 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
-$424K |
| 5 |
CPO
Cerity Partners OCIO
New York
|
-$258K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
26
Next Financial Group
Houston,
Texas
| $54K | -$25.4K | -970 | -32% |
|
|
AIG
27
American International Group
New York
| $51K | +$51.2K | +1,953 | New |
|
|
MFS
28
MSI Financial Services
Springfield,
Massachusetts
| $51K | +$51.8K | +1,978 | New |
|
|
GT
29
Glenmede Trust
Philadelphia,
Pennsylvania
| $37K | – | – | – |
|
30
Creative Planning
Overland Park,
Kansas
| $30K | – | – | – |
|
|
SAM
31
Sunnymeath Asset Management
Red Bank,
New Jersey
| $26K | +$26.2K | +1,000 | New |
|
|
LTFS
32
Ladenburg Thalmann Financial Services
Miami,
Florida
| $15K | +$1.07K | +41 | +8% |
|
33
Citigroup
New York
| $6K | – | – | – |
|
34
Bank of Montreal
Toronto,
Ontario, Canada
| $5K | -$27.1K | -1,033 | -84% |
|
|
35
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$882K | -34,759 | Closed |
|
|
CPO
36
Cerity Partners OCIO
New York
| – | -$258K | -10,197 | Closed |
|
|
TRCT
37
Tower Research Capital (TRC)
New York
| – | -$68K | -2,700 | Closed |
|
PDN Hedge Fund Activity: Q4 2015 in Review
35 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) for Q4 2015, worth a combined $76.5M — up 11% from $69.1M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PDN positions and 3 closed out — a net gain of 5 holders — while 9 added to existing stakes and 11 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $2.78M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $882K sold.
- 35 institutional investors held Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) as of Q4 2015, up from 30 in Q3 2015.
- Funds reported $76.5M of Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF stock for Q4 2015, up 11% quarter-over-quarter.
- 8 funds opened new Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF positions in Q4 2015 and 3 closed out, a net change of +5 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF buyer in Q4 2015 was Citadel Advisors, an estimated $2.78M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF seller in Q4 2015 was Susquehanna International Group, an estimated $882K sold.
Based on aggregated 13F filings for Q4 2015.