Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
41 hedge funds and large institutions have $110M invested in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF in 2017 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 17 reducing their positions, and 4 closing their positions.
5% more capital invested
Capital invested by funds: $104M → $110M (+$5.64M)
2.34% less ownership
Funds ownership: 60.15% → 57.8% (-2.3%)
2% less funds holding
Funds holding: 42 → 41 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
35% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$3.18M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.05M |
| 3 |
NPC
National Planning Corporation
El Segundo,
California
|
+$564K |
| 4 |
HCM
Harvest Capital Management
Concord,
New Hampshire
|
+$210K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$120K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$1.72M |
| 2 |
CIC
Cutler Investment Counsel
Jacksonville,
Oregon
|
-$1.03M |
| 3 |
Jane Street
New York
|
-$1.01M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$947K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$635K |
PDN Hedge Fund Activity: Q2 2017 in Review
41 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) for Q2 2017, worth a combined $110M — up 5.4% from $104M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PDN and 3 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 11 added.
The largest buyer was Invesco, adding an estimated $3.18M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $1.72M.
- 41 institutional investors held Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) as of Q2 2017, down from 42 in Q1 2017.
- Funds reported $110M of Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF stock for Q2 2017, up 5.4% quarter-over-quarter.
- 3 funds opened new Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF positions in Q2 2017 and 4 closed out, a net change of -1 holder.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF buyer in Q2 2017 was Invesco, an estimated $3.18M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF seller in Q2 2017 was Charles Schwab Investment Advisory, an estimated $1.72M sold.
Based on aggregated 13F filings for Q2 2017.