Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
98 hedge funds and large institutions have $407M invested in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF in 2023 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 21 increasing their positions, 37 reducing their positions, and 5 closing their positions.
220% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 5
13% more funds holding
Funds holding: 87 → 98 (+11)
0.13% less ownership
Funds ownership: 76.13% → 76% (-0.13%)
43% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 37
72% less capital inflows, than outflows
Capital inflows: $11.7M | Capital outflows: $42.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.53M |
| 2 |
Flow Traders U.S.
New York
|
+$2.15M |
| 3 |
Dynamic Advisor Solutions
Phoenix,
Arizona
|
+$965K |
| 4 |
L & S Advisors
Los Angeles,
California
|
+$589K |
| 5 |
Cerity Partners
New York
|
+$277K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$25.2M |
| 2 |
Charles Schwab Investment Advisory
San Francisco,
California
|
-$10.2M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.97M |
| 4 |
Atria Wealth Solutions
New York
|
-$991K |
| 5 |
Old Mission Capital
Chicago,
Illinois
|
-$792K |
PDN Hedge Fund Activity: Q2 2023 in Review
98 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) for Q2 2023, worth a combined $407M — down 7.5% from $440M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PDN positions and 5 closed out — a net gain of 11 holders — while 21 added to existing stakes and 37 trimmed.
The largest buyer was Jane Street, adding an estimated $2.53M. The largest seller was Citadel Advisors, cutting an estimated $25.2M.
- 98 institutional investors held Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) as of Q2 2023, up from 87 in Q1 2023.
- Funds reported $407M of Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF stock for Q2 2023, down 7.5% quarter-over-quarter.
- 16 funds opened new Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF positions in Q2 2023 and 5 closed out, a net change of +11 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF buyer in Q2 2023 was Jane Street, an estimated $2.53M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF seller in Q2 2023 was Citadel Advisors, an estimated $25.2M sold.
Based on aggregated 13F filings for Q2 2023.