Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
39 hedge funds and large institutions have $94.8M invested in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
3% more funds holding
Funds holding: 38 → 39 (+1)
1.76% less ownership
Funds ownership: 60.76% → 58.99% (-1.8%)
6% less capital invested
Capital invested by funds: $101M → $94.8M (-$5.95M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIC
Cutler Investment Counsel
Jacksonville,
Oregon
|
+$1.33M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$811K |
| 3 |
Jane Street
New York
|
+$643K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$609K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$569K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$3.89M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$1.96M |
| 3 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$1.05M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$697K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$259K |
PDN Hedge Fund Activity: Q4 2016 in Review
39 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) for Q4 2016, worth a combined $94.8M — down 5.9% from $101M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PDN positions and 4 closed out — a net gain of 1 holder — while 14 added to existing stakes and 12 trimmed.
The largest buyer was Cutler Investment Counsel, adding an estimated $1.33M. The largest seller was Invesco, cutting an estimated $3.89M.
- 39 institutional investors held Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) as of Q4 2016, up from 38 in Q3 2016.
- Funds reported $94.8M of Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF stock for Q4 2016, down 5.9% quarter-over-quarter.
- 5 funds opened new Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF positions in Q4 2016 and 4 closed out, a net change of +1 holder.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF buyer in Q4 2016 was Cutler Investment Counsel, an estimated $1.33M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF seller in Q4 2016 was Invesco, an estimated $3.89M sold.
Based on aggregated 13F filings for Q4 2016.