Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
35 hedge funds and large institutions have $93.6M invested in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 15 reducing their positions, and 4 closing their positions.
22% more capital invested
Capital invested by funds: $76.5M → $93.6M (+$17.1M)
6.48% more ownership
Funds ownership: 54.66% → 61.14% (+6.5%)
0% more funds holding
Funds holding: 35 → 35 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
33% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$10.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$9.94M |
| 3 |
CIC
Cutler Investment Counsel
Jacksonville,
Oregon
|
+$1.09M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$495K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
+$479K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$2.75M |
| 2 |
Goldman Sachs
New York
|
-$1.96M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$1.4M |
| 4 |
Morgan Stanley
New York
|
-$530K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$428K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
26
American International Group
New York
| $56K | +$4.27K | +173 | +9% |
|
|
GT
27
Glenmede Trust
Philadelphia,
Pennsylvania
| $38K | – | – | – |
|
|
IWMPD
28
Integrated Wealth Management (Palm Desert)
Palm Desert,
California
| $27K | +$25.4K | +1,029 | New |
|
|
MFS
29
MSI Financial Services
Springfield,
Massachusetts
| $15K | -$34.5K | -1,400 | -71% |
|
|
LTFS
30
Ladenburg Thalmann Financial Services
Miami,
Florida
| $14K | -$913 | -37 | -6% |
|
31
Citigroup
New York
| $8K | +$1.16K | +47 | +20% |
|
32
Creative Planning
Overland Park,
Kansas
| $5K | -$24.4K | -989 | -85% |
|
33
Bank of Montreal
Toronto,
Ontario, Canada
| $5K | – | – | – |
|
34
BlackRock
New York
| $3K | +$3.11K | +126 | New |
|
|
35
Citadel Advisors
Miami,
Florida
| – | -$2.75M | -105,939 | Closed |
|
|
OMC
36
Old Mission Capital
Chicago,
Illinois
| – | -$428K | -16,522 | Closed |
|
|
NFG
37
Next Financial Group
Houston,
Texas
| – | -$54K | -2,090 | Closed |
|
|
SAM
38
Sunnymeath Asset Management
Red Bank,
New Jersey
| – | -$26K | -1,000 | Closed |
|
PDN Hedge Fund Activity: Q1 2016 in Review
35 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) for Q1 2016, worth a combined $93.6M — up 22% from $76.5M a quarter earlier.
Fund positioning in PDN was balanced in Q1 2016: 4 funds opened new positions, 4 closed out, 10 added to existing stakes and 15 trimmed.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $10.5M. The largest seller was Citadel Advisors, exiting entirely with an estimated $2.75M sold.
- 35 institutional investors held Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) as of Q1 2016, unchanged from Q4 2015.
- Funds reported $93.6M of Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF stock for Q1 2016, up 22% quarter-over-quarter.
- 4 funds opened new Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF positions in Q1 2016 and 4 closed out, a net change of 0 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF buyer in Q1 2016 was Charles Schwab Investment Advisory, an estimated $10.5M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF seller in Q1 2016 was Citadel Advisors, an estimated $2.75M sold.
Based on aggregated 13F filings for Q1 2016.