Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
55 hedge funds and large institutions have $217M invested in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 23 reducing their positions, and 7 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less capital invested
Capital invested by funds: $222M → $217M (-$5.14M)
2.18% less ownership
Funds ownership: 68.62% → 66.44% (-2.2%)
4% less funds holding
Funds holding: 57 → 55 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
39% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$521K |
| 2 |
AFA
Arlington Financial Advisors
Santa Barbara,
California
|
+$431K |
| 3 |
CIC
Cutler Investment Counsel
Jacksonville,
Oregon
|
+$290K |
| 4 |
PWM
Paulson Wealth Management
Wheaton,
Illinois
|
+$205K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$203K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$4.13M |
| 2 |
Morgan Stanley
New York
|
-$3.83M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$3.81M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$3.02M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.52M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $5K | +$3.69K | +125 | New |
|
52
BlackRock
New York
| $4K | -$826 | -28 | -18% |
|
53
Fidelity Investments
Boston,
Massachusetts
| $1K | +$885 | +30 | New |
|
|
GT
54
Glenmede Trust
Philadelphia,
Pennsylvania
| $43 | – | – | – |
|
|
S
55
SimplyRich
Carlsbad,
California
| – | -$676K | -24,477 | Closed |
|
|
ASN
56
Advisory Services Network
Atlanta,
Georgia
| – | -$76K | -2,770 | Closed |
|
|
AIA
57
Alera Investment Advisors
Deerfield,
Illinois
| – | -$18K | -664 | Closed |
|
|
VFA
58
Valeo Financial Advisors
Carmel,
Indiana
| – | -$15.1K | -511 | Closed |
|
59
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$11K | -396 | Closed |
|
|
AIC
60
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$8K | -277 | Closed |
|
PDN Hedge Fund Activity: Q1 2019 in Review
55 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) for Q1 2019, worth a combined $217M — down 2.3% from $222M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PDN and 5 opened new positions — a net loss of 2 holders — while 23 trimmed existing stakes and 14 added.
The largest buyer was Jane Street, opening a new position worth an estimated $521K. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $4.13M.
- 55 institutional investors held Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) as of Q1 2019, down from 57 in Q4 2018.
- Funds reported $217M of Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF stock for Q1 2019, down 2.3% quarter-over-quarter.
- 5 funds opened new Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF positions in Q1 2019 and 7 closed out, a net change of -2 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF buyer in Q1 2019 was Jane Street, an estimated $521K added.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF seller in Q1 2019 was Charles Schwab Investment Advisory, an estimated $4.13M sold.
Based on aggregated 13F filings for Q1 2019.