Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
65 hedge funds and large institutions have $267M invested in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF in 2021 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 23 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
8% more funds holding
Funds holding: 60 → 65 (+5)
2% more capital invested
Capital invested by funds: $261M → $267M (+$5.47M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.08% less ownership
Funds ownership: 71.2% → 69.12% (-2.1%)
26% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
+$3.17M |
| 2 |
RPSA
Richard P. Slaughter Associates
Austin,
Texas
|
+$2.35M |
| 3 |
WP
WealthSource Partners
San Luis Obispo,
California
|
+$1.12M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$698K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$667K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$9.71M |
| 2 |
SL
Systelligence LLC
Bloomington,
Minnesota
|
-$3.93M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$2.82M |
| 4 |
Jane Street
New York
|
-$1.09M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$426K |
PDN Hedge Fund Activity: Q1 2021 in Review
65 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) for Q1 2021, worth a combined $267M — up 2.1% from $261M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PDN positions and 4 closed out — a net gain of 6 holders — while 17 added to existing stakes and 23 trimmed.
The largest buyer was Redhawk Wealth Advisors, opening a new position worth an estimated $3.17M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $9.71M.
- 65 institutional investors held Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) as of Q1 2021, up from 60 in Q4 2020.
- Funds reported $267M of Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF stock for Q1 2021, up 2.1% quarter-over-quarter.
- 10 funds opened new Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF positions in Q1 2021 and 4 closed out, a net change of +6 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF buyer in Q1 2021 was Redhawk Wealth Advisors, an estimated $3.17M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF seller in Q1 2021 was Charles Schwab Investment Advisory, an estimated $9.71M sold.
Based on aggregated 13F filings for Q1 2021.