Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
53 hedge funds and large institutions have $232M invested in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF in 2020 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 20 reducing their positions, and 9 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3.03% less ownership
Funds ownership: 75.19% → 72.16% (-3%)
4% less funds holding
Funds holding: 55 → 53 (-2)
9% less capital invested
Capital invested by funds: $254M → $232M (-$21.8M)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
40% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.63M |
| 2 |
RSWM
Robertson Stephens Wealth Management
San Francisco,
California
|
+$671K |
| 3 |
Jane Street
New York
|
+$366K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$287K |
| 5 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$277K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$24.1M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$9.87M |
| 3 |
SL
Systelligence LLC
Bloomington,
Minnesota
|
-$4.99M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.85M |
| 5 |
CGL
Clarius Group LLC
Seattle,
Washington
|
-$932K |
PDN Hedge Fund Activity: Q3 2020 in Review
53 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) for Q3 2020, worth a combined $232M — down 8.6% from $254M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PDN and 7 opened new positions — a net loss of 2 holders — while 20 trimmed existing stakes and 12 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $2.63M. The largest seller was Citadel Advisors, cutting an estimated $24.1M.
- 53 institutional investors held Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) as of Q3 2020, down from 55 in Q2 2020.
- Funds reported $232M of Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF stock for Q3 2020, down 8.6% quarter-over-quarter.
- 7 funds opened new Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF positions in Q3 2020 and 9 closed out, a net change of -2 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF buyer in Q3 2020 was Susquehanna International Group, an estimated $2.63M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF seller in Q3 2020 was Citadel Advisors, an estimated $24.1M sold.
Based on aggregated 13F filings for Q3 2020.