Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
57 hedge funds and large institutions have $202M invested in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF in 2019 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 19 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
4% more funds holding
Funds holding: 55 → 57 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.59% less ownership
Funds ownership: 66.44% → 63.86% (-2.6%)
7% less capital invested
Capital invested by funds: $217M → $202M (-$15.2M)
26% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.74M |
| 2 |
Jane Street
New York
|
+$935K |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$388K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$297K |
| 5 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
+$162K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$13.2M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$1.89M |
| 3 |
BOTW
Bank of the West
Monterey Park,
California
|
-$979K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$886K |
| 5 |
MSWMA
Market Street Wealth Management Advisors
Indianapolis,
Indiana
|
-$843K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
BlackRock
New York
| $4K | – | – | – |
|
|
SBL
52
Sargent Bickham Lagudis
Boulder,
Colorado
| $3K | +$2.92K | +98 | New |
|
53
Fidelity Investments
Boston,
Massachusetts
| $1K | +$209 | +7 | +23% |
|
|
SWP
54
Strategic Wealth Partners
Independence,
Ohio
| $1K | +$1.07K | +36 | New |
|
|
GT
55
Glenmede Trust
Philadelphia,
Pennsylvania
| $34 | -$8.95K | -300 | -21% |
|
|
RJFSA
56
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$886K | -29,684 | Closed |
|
|
HCM
57
Harvest Capital Management
Concord,
New Hampshire
| – | -$440K | -14,755 | Closed |
|
|
FDCDDQ
58
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$175K | -5,855 | Closed |
|
|
FHA
59
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$8K | -300 | Closed |
|
|
SIM
60
Sonora Investment Management
Tucson,
Arizona
| – | +$30 | +1 | New |
|
PDN Hedge Fund Activity: Q2 2019 in Review
57 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) for Q2 2019, worth a combined $202M — down 7% from $217M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PDN positions and 4 closed out — a net gain of 2 holders — while 14 added to existing stakes and 19 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $1.74M. The largest seller was Invesco, cutting an estimated $13.2M.
- 57 institutional investors held Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) as of Q2 2019, up from 55 in Q1 2019.
- Funds reported $202M of Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF stock for Q2 2019, down 7% quarter-over-quarter.
- 6 funds opened new Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF positions in Q2 2019 and 4 closed out, a net change of +2 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF buyer in Q2 2019 was Citadel Advisors, an estimated $1.74M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF seller in Q2 2019 was Invesco, an estimated $13.2M sold.
Based on aggregated 13F filings for Q2 2019.