Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
50 hedge funds and large institutions have $129M invested in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 18 reducing their positions, and 6 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 52 → 50 (-2)
11.92% less ownership
Funds ownership: 63.85% → 51.93% (-12%)
15% less capital invested
Capital invested by funds: $151M → $129M (-$22.2M)
17% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 18
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
+$1.16M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$942K |
| 3 |
TYCC
Texas Yale Capital Corp
St. Petersburg,
Florida
|
+$835K |
| 4 |
Morgan Stanley
New York
|
+$753K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$574K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$24.2M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$828K |
| 3 |
Jane Street
New York
|
-$711K |
| 4 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
-$630K |
| 5 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
-$462K |
PDN Hedge Fund Activity: Q1 2018 in Review
50 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) for Q1 2018, worth a combined $129M — down 15% from $151M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PDN and 4 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 15 added.
The largest buyer was Frontier Wealth Management, adding an estimated $1.16M. The largest seller was Invesco, cutting an estimated $24.2M.
- 50 institutional investors held Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) as of Q1 2018, down from 52 in Q4 2017.
- Funds reported $129M of Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF stock for Q1 2018, down 15% quarter-over-quarter.
- 4 funds opened new Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF positions in Q1 2018 and 6 closed out, a net change of -2 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF buyer in Q1 2018 was Frontier Wealth Management, an estimated $1.16M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF seller in Q1 2018 was Invesco, an estimated $24.2M sold.
Based on aggregated 13F filings for Q1 2018.