Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
50 hedge funds and large institutions have $115M invested in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 6 closing their positions.
0% more funds holding
Funds holding: 50 → 50 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
0.5% less ownership
Funds ownership: 51.93% → 51.43% (-0.5%)
11% less capital invested
Capital invested by funds: $129M → $115M (-$14.1M)
19% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$1.45M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$987K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$691K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$541K |
| 5 |
Jane Street
New York
|
+$260K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
-$6.89M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$2.77M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.54M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$914K |
| 5 |
AFA
Arlington Financial Advisors
Santa Barbara,
California
|
-$701K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Citadel Advisors
Miami,
Florida
| – | -$1.54M | -45,282 | Closed |
|
|
SC
52
Scotia Capital
Toronto,
Ontario, Canada
| – | -$397K | -11,644 | Closed |
|
|
RJFSA
53
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$212K | -6,206 | Closed |
|
|
SWP
54
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$37K | -1,075 | Closed |
|
|
NCM
55
Nelson Capital Management
Menlo Park,
California
| – | -$9K | -250 | Closed |
|
PDN Hedge Fund Activity: Q2 2018 in Review
50 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) for Q2 2018, worth a combined $115M — down 11% from $129M a quarter earlier.
Fund positioning in PDN was balanced in Q2 2018: 6 funds opened new positions, 6 closed out, 13 added to existing stakes and 16 trimmed.
The largest buyer was Glenmede Trust, adding an estimated $1.45M. The largest seller was Frontier Wealth Management, exiting entirely with an estimated $6.89M sold.
- 50 institutional investors held Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) as of Q2 2018, unchanged from Q1 2018.
- Funds reported $115M of Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF stock for Q2 2018, down 11% quarter-over-quarter.
- 6 funds opened new Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF positions in Q2 2018 and 6 closed out, a net change of 0 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF buyer in Q2 2018 was Glenmede Trust, an estimated $1.45M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF seller in Q2 2018 was Frontier Wealth Management, an estimated $6.89M sold.
Based on aggregated 13F filings for Q2 2018.