Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
21 hedge funds and large institutions have $23.5M invested in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
19% more capital invested
Capital invested by funds: $19.7M → $23.5M (+$3.79M)
11% more funds holding
Funds holding: 19 → 21 (+2)
1.54% less ownership
Funds ownership: 28.58% → 27.03% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIC
Cutler Investment Counsel
Jacksonville,
Oregon
|
+$2.37M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$620K |
| 3 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
+$380K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$160K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$154K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.68M |
| 2 |
LPL Financial
San Diego,
California
|
-$302K |
| 3 |
Citigroup
New York
|
-$10.7K |
PDN Hedge Fund Activity: Q3 2013 in Review
21 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) for Q3 2013, worth a combined $23.5M — up 19% from $19.7M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new PDN positions and 0 closed out — a net gain of 2 holders — while 10 added to existing stakes and 3 trimmed.
The largest buyer was Cutler Investment Counsel, opening a new position worth an estimated $2.37M. The largest seller was Susquehanna International Group, cutting an estimated $2.68M.
- 21 institutional investors held Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) as of Q3 2013, up from 19 in Q2 2013.
- Funds reported $23.5M of Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF stock for Q3 2013, up 19% quarter-over-quarter.
- 2 funds opened new Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF positions in Q3 2013 and 0 closed out, a net change of +2 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF buyer in Q3 2013 was Cutler Investment Counsel, an estimated $2.37M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF seller in Q3 2013 was Susquehanna International Group, an estimated $2.68M sold.
Based on aggregated 13F filings for Q3 2013.