Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
34 hedge funds and large institutions have $40.1M invested in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
25% more capital invested
Capital invested by funds: $32.2M → $40.1M (+$7.94M)
13% more funds holding
Funds holding: 30 → 34 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
+$5.82M |
| 2 |
Goldman Sachs
New York
|
+$3.12M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.45M |
| 4 |
Jane Street
New York
|
+$631K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$380K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BOTW
Bank of the West
Monterey Park,
California
|
-$2.25M |
| 2 |
CIC
Cutler Investment Counsel
Jacksonville,
Oregon
|
-$2.07M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.04M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$337K |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$330K |
PDN Hedge Fund Activity: Q1 2015 in Review
34 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) for Q1 2015, worth a combined $40.1M — up 25% from $32.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PDN positions and 2 closed out — a net gain of 4 holders — while 12 added to existing stakes and 8 trimmed.
The largest buyer was Frontier Wealth Management, opening a new position worth an estimated $5.82M. The largest seller was Bank of the West, cutting an estimated $2.25M.
- 34 institutional investors held Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) as of Q1 2015, up from 30 in Q4 2014.
- Funds reported $40.1M of Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF stock for Q1 2015, up 25% quarter-over-quarter.
- 6 funds opened new Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF positions in Q1 2015 and 2 closed out, a net change of +4 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF buyer in Q1 2015 was Frontier Wealth Management, an estimated $5.82M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF seller in Q1 2015 was Bank of the West, an estimated $2.25M sold.
Based on aggregated 13F filings for Q1 2015.