Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
39 hedge funds and large institutions have $101M invested in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF in 2016 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
3% more funds holding
Funds holding: 38 → 39 (+1)
4% more capital invested
Capital invested by funds: $96.9M → $101M (+$3.85M)
2.4% less ownership
Funds ownership: 63.17% → 60.77% (-2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
+$2.3M |
| 2 |
CIC
Cutler Investment Counsel
Jacksonville,
Oregon
|
+$1.93M |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$1.86M |
| 4 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
+$404K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$384K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$6.52M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$1.54M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$854K |
| 4 |
Jane Street
New York
|
-$615K |
| 5 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
-$453K |
PDN Hedge Fund Activity: Q3 2016 in Review
39 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) for Q3 2016, worth a combined $101M — up 4% from $96.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PDN positions and 3 closed out — a net gain of 2 holders — while 17 added to existing stakes and 12 trimmed.
The largest buyer was Condor Capital Management, opening a new position worth an estimated $2.3M. The largest seller was Wells Fargo, cutting an estimated $6.52M.
- 39 institutional investors held Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) as of Q3 2016, up from 38 in Q2 2016.
- Funds reported $101M of Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF stock for Q3 2016, up 4% quarter-over-quarter.
- 5 funds opened new Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF positions in Q3 2016 and 3 closed out, a net change of +2 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF buyer in Q3 2016 was Condor Capital Management, an estimated $2.3M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF seller in Q3 2016 was Wells Fargo, an estimated $6.52M sold.
Based on aggregated 13F filings for Q3 2016.