Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
81 hedge funds and large institutions have $380M invested in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF in 2022 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 38 increasing their positions, 18 reducing their positions, and 14 closing their positions.
111% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 18
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $386M → $380M (-$6.39M)
4% less funds holding
Funds holding: 84 → 81 (-3)
5.75% less ownership
Funds ownership: 82.33% → 76.58% (-5.8%)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$41.3M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$6.71M |
| 3 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
+$4.1M |
| 4 |
AF
Allworth Financial
Folsom,
California
|
+$3.14M |
| 5 |
WFA
Wade Financial Advisory
Campbell,
California
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIAS
CFS Investment Advisory Services
Totowa,
New Jersey
|
-$48.8M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$634K |
| 3 |
SEA
Stegent Equity Advisors
Houston,
Texas
|
-$469K |
| 4 |
OPOWM
One Plus One Wealth Management
Jupiter,
Florida
|
-$468K |
| 5 |
Jane Street
New York
|
-$399K |
PDN Hedge Fund Activity: Q2 2022 in Review
81 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) for Q2 2022, worth a combined $380M — down 1.7% from $386M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of PDN and 12 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 38 added.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $41.3M. The largest seller was CFS Investment Advisory Services, cutting an estimated $48.8M.
- 81 institutional investors held Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) as of Q2 2022, down from 84 in Q1 2022.
- Funds reported $380M of Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF stock for Q2 2022, down 1.7% quarter-over-quarter.
- 12 funds opened new Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF positions in Q2 2022 and 14 closed out, a net change of -2 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF buyer in Q2 2022 was Charles Schwab Investment Advisory, an estimated $41.3M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF seller in Q2 2022 was CFS Investment Advisory Services, an estimated $48.8M sold.
Based on aggregated 13F filings for Q2 2022.