Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
85 hedge funds and large institutions have $334M invested in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF in 2021 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 36 increasing their positions, 17 reducing their positions, and 15 closing their positions.
112% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 17
27% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 15
21% more capital invested
Capital invested by funds: $276M → $334M (+$57.4M)
3.9% more ownership
Funds ownership: 65.07% → 68.97% (+3.9%)
4% more funds holding
Funds holding: 82 → 85 (+3)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$57.4M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.39M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$1.99M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$1.48M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CST
Charles Schwab Trust
Henderson,
Nevada
|
-$2.92M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$970K |
| 3 |
Jane Street
New York
|
-$954K |
| 4 |
Goldman Sachs
New York
|
-$591K |
| 5 |
CIAS
CFS Investment Advisory Services
Totowa,
New Jersey
|
-$429K |
PDN Hedge Fund Activity: Q4 2021 in Review
85 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) for Q4 2021, worth a combined $334M — up 21% from $276M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new PDN positions and 15 closed out — a net gain of 4 holders — while 36 added to existing stakes and 17 trimmed.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $57.4M. The largest seller was Charles Schwab Trust, exiting entirely with an estimated $2.92M sold.
- 85 institutional investors held Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) as of Q4 2021, up from 82 in Q3 2021.
- Funds reported $334M of Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF stock for Q4 2021, up 21% quarter-over-quarter.
- 19 funds opened new Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF positions in Q4 2021 and 15 closed out, a net change of +4 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF buyer in Q4 2021 was Charles Schwab Investment Advisory, an estimated $57.4M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF seller in Q4 2021 was Charles Schwab Trust, an estimated $2.92M sold.
Based on aggregated 13F filings for Q4 2021.