Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
42 hedge funds and large institutions have $104M invested in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
10% more capital invested
Capital invested by funds: $94.8M → $104M (+$9.66M)
8% more funds holding
Funds holding: 39 → 42 (+3)
1.15% more ownership
Funds ownership: 58.99% → 60.15% (+1.2%)
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$5.92M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.28M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$1.09M |
| 4 |
Morgan Stanley
New York
|
+$232K |
| 5 |
SFS
Summit Financial Strategies
Columbus,
Ohio
|
+$207K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
-$1.34M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$1.2M |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$980K |
| 4 |
Jane Street
New York
|
-$972K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$807K |
PDN Hedge Fund Activity: Q1 2017 in Review
42 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) for Q1 2017, worth a combined $104M — up 10% from $94.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PDN positions and 2 closed out — a net gain of 4 holders — while 13 added to existing stakes and 15 trimmed.
The largest buyer was Ameriprise, adding an estimated $5.92M. The largest seller was Carroll Financial Associates, cutting an estimated $1.34M.
- 42 institutional investors held Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) as of Q1 2017, up from 39 in Q4 2016.
- Funds reported $104M of Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF stock for Q1 2017, up 10% quarter-over-quarter.
- 6 funds opened new Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF positions in Q1 2017 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 2017 was Ameriprise, an estimated $5.92M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF seller in Q1 2017 was Carroll Financial Associates, an estimated $1.34M sold.
Based on aggregated 13F filings for Q1 2017.