Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
100 hedge funds and large institutions have $392M invested in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 34 increasing their positions, 28 reducing their positions, and 10 closing their positions.
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
21% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 28
3% more funds holding
Funds holding: 97 → 100 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.75% less ownership
Funds ownership: 76.06% → 75.3% (-0.75%)
3% less capital invested
Capital invested by funds: $404M → $392M (-$11.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.53M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.42M |
| 3 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$817K |
| 4 |
CIC
Cutler Investment Counsel
Jacksonville,
Oregon
|
+$716K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$532K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$12.7M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$4.5M |
| 3 |
WFA
Wade Financial Advisory
Campbell,
California
|
-$1.04M |
| 4 |
Jane Street
New York
|
-$935K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$812K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWM
101
Empirical Wealth Management
Seattle,
Washington
| – | -$208K | -6,408 | Closed |
|
|
GJIA
102
Glass Jacobson Investment Advisors
Owings Mills,
Maryland
| – | -$88.5K | -2,725 | Closed |
|
|
S
103
SignatureFD
Atlanta,
Georgia
| – | -$87.1K | -2,682 | Closed |
|
|
BTI
104
Blue Trust Inc
Alpharetta,
Georgia
| – | -$55K | -1,849 | Closed |
|
105
Comerica Bank
Dallas,
Texas
| – | -$33.8K | -1,041 | Closed |
|
|
FHA
106
First Horizon Advisors
Memphis,
Tennessee
| – | -$31.9K | -983 | Closed |
|
|
ASN
107
Advisory Services Network
Atlanta,
Georgia
| – | -$14.1K | -435 | Closed |
|
|
LFG
108
Larson Financial Group
St Louis,
Missouri
| – | -$10.1K | -311 | Closed |
|
|
T
109
Tidemark
San Diego,
California
| – | -$3.25K | -100 | Closed |
|
|
IA
110
IFP Advisors
Tampa,
Florida
| – | -$32 | -1 | Closed |
|
|
HFS
111
Hantz Financial Services
Southfield,
Michigan
| – | +$32 | +1 | New |
|
PDN Hedge Fund Activity: Q1 2024 in Review
100 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) for Q1 2024, worth a combined $392M — down 2.9% from $404M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new PDN positions and 10 closed out — a net gain of 5 holders — while 34 added to existing stakes and 28 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $1.53M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $12.7M.
- 100 institutional investors held Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) as of Q1 2024, up from 97 in Q4 2023.
- Funds reported $392M of Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF stock for Q1 2024, down 2.9% quarter-over-quarter.
- 15 funds opened new Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF positions in Q1 2024 and 10 closed out, a net change of +5 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF buyer in Q1 2024 was Citadel Advisors, an estimated $1.53M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF seller in Q1 2024 was Charles Schwab Investment Advisory, an estimated $12.7M sold.
Based on aggregated 13F filings for Q1 2024.