Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
59 hedge funds and large institutions have $223M invested in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF in 2020 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 17 reducing their positions, and 13 closing their positions.
7.16% more ownership
Funds ownership: 65.45% → 72.62% (+7.2%)
6% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 17
3% more capital invested
Capital invested by funds: $215M → $223M (+$7.51M)
11% less funds holding
Funds holding: 66 → 59 (-7)
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$87.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$5.05M |
| 3 |
SL
Systelligence LLC
Bloomington,
Minnesota
|
+$2.24M |
| 4 |
DSA
Droms Strauss Advisors
St. Louis,
Missouri
|
+$1.91M |
| 5 |
CST
Charles Schwab Trust
Henderson,
Nevada
|
+$1.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFA
Arlington Financial Advisors
Santa Barbara,
California
|
-$6.23M |
| 2 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
-$3.2M |
| 3 |
MSWMA
Market Street Wealth Management Advisors
Indianapolis,
Indiana
|
-$1.27M |
| 4 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$1.13M |
| 5 |
Morgan Stanley
New York
|
-$831K |
PDN Hedge Fund Activity: Q1 2020 in Review
59 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) for Q1 2020, worth a combined $223M — up 3.5% from $215M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of PDN and 8 opened new positions — a net loss of 5 holders — while 17 trimmed existing stakes and 18 added.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $87.2M. The largest seller was Arlington Financial Advisors, exiting entirely with an estimated $6.23M sold.
- 59 institutional investors held Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) as of Q1 2020, down from 66 in Q4 2019.
- Funds reported $223M of Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF stock for Q1 2020, up 3.5% quarter-over-quarter.
- 8 funds opened new Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF positions in Q1 2020 and 13 closed out, a net change of -5 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF buyer in Q1 2020 was Charles Schwab Investment Advisory, an estimated $87.2M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF seller in Q1 2020 was Arlington Financial Advisors, an estimated $6.23M sold.
Based on aggregated 13F filings for Q1 2020.