Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
42 hedge funds and large institutions have $119M invested in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF in 2017 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
8% more capital invested
Capital invested by funds: $110M → $119M (+$9.03M)
2% more funds holding
Funds holding: 41 → 42 (+1)
0.71% more ownership
Funds ownership: 57.8% → 58.51% (+0.71%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$3.15M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.32M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$810K |
| 4 |
Morgan Stanley
New York
|
+$568K |
| 5 |
CIC
Cutler Investment Counsel
Jacksonville,
Oregon
|
+$438K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.33M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$1.08M |
| 3 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$844K |
| 4 |
SG Americas Securities
New York
|
-$229K |
| 5 |
NPC
National Planning Corporation
El Segundo,
California
|
-$177K |
PDN Hedge Fund Activity: Q3 2017 in Review
42 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) for Q3 2017, worth a combined $119M — up 8.2% from $110M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PDN positions and 4 closed out — a net gain of 2 holders — while 15 added to existing stakes and 12 trimmed.
The largest buyer was Jane Street, adding an estimated $3.15M. The largest seller was Bank of America, cutting an estimated $2.33M.
- 42 institutional investors held Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) as of Q3 2017, up from 41 in Q2 2017.
- Funds reported $119M of Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF stock for Q3 2017, up 8.2% quarter-over-quarter.
- 6 funds opened new Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF positions in Q3 2017 and 4 closed out, a net change of +2 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF buyer in Q3 2017 was Jane Street, an estimated $3.15M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF seller in Q3 2017 was Bank of America, an estimated $2.33M sold.
Based on aggregated 13F filings for Q3 2017.