Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
86 hedge funds and large institutions have $340M invested in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF in 2022 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 29 increasing their positions, 26 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
12% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 26
6% more funds holding
Funds holding: 81 → 86 (+5)
5.94% more ownership
Funds ownership: 76.58% → 82.52% (+5.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less capital invested
Capital invested by funds: $380M → $340M (-$40.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIAS
CFS Investment Advisory Services
Totowa,
New Jersey
|
+$22.3M |
| 2 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$3.74M |
| 3 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$3.09M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.89M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$1.15M |
| 2 |
WFA
Wade Financial Advisory
Campbell,
California
|
-$949K |
| 3 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$727K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$650K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$611K |
PDN Hedge Fund Activity: Q3 2022 in Review
86 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) for Q3 2022, worth a combined $340M — down 11% from $380M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PDN positions and 7 closed out — a net gain of 6 holders — while 29 added to existing stakes and 26 trimmed.
The largest buyer was CFS Investment Advisory Services, adding an estimated $22.3M. The largest seller was Flow Traders U.S., cutting an estimated $1.15M.
- 86 institutional investors held Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) as of Q3 2022, up from 81 in Q2 2022.
- Funds reported $340M of Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF stock for Q3 2022, down 11% quarter-over-quarter.
- 13 funds opened new Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF positions in Q3 2022 and 7 closed out, a net change of +6 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF buyer in Q3 2022 was CFS Investment Advisory Services, an estimated $22.3M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF seller in Q3 2022 was Flow Traders U.S., an estimated $1.15M sold.
Based on aggregated 13F filings for Q3 2022.