Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
38 hedge funds and large institutions have $96.9M invested in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF in 2016 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
9% more funds holding
Funds holding: 35 → 38 (+3)
2.03% more ownership
Funds ownership: 61.14% → 63.17% (+2%)
4% more capital invested
Capital invested by funds: $93.6M → $96.9M (+$3.33M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
+$5M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$2.82M |
| 3 |
Jane Street
New York
|
+$1.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$877K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$468K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.45M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$1.31M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.15M |
| 4 |
CIC
Cutler Investment Counsel
Jacksonville,
Oregon
|
-$735K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$497K |
PDN Hedge Fund Activity: Q2 2016 in Review
38 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) for Q2 2016, worth a combined $96.9M — up 3.6% from $93.6M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PDN positions and 7 closed out — a net gain of 3 holders — while 12 added to existing stakes and 10 trimmed.
The largest buyer was Carroll Financial Associates, opening a new position worth an estimated $5M. The largest seller was Wells Fargo, cutting an estimated $2.45M.
- 38 institutional investors held Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) as of Q2 2016, up from 35 in Q1 2016.
- Funds reported $96.9M of Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF stock for Q2 2016, up 3.6% quarter-over-quarter.
- 10 funds opened new Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF positions in Q2 2016 and 7 closed out, a net change of +3 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF buyer in Q2 2016 was Carroll Financial Associates, an estimated $5M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF seller in Q2 2016 was Wells Fargo, an estimated $2.45M sold.
Based on aggregated 13F filings for Q2 2016.