Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
101 hedge funds and large institutions have $392M invested in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 35 increasing their positions, 27 reducing their positions, and 10 closing their positions.
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
30% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 27
3% more funds holding
Funds holding: 98 → 101 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.68% less ownership
Funds ownership: 75.98% → 75.3% (-0.68%)
63% less capital inflows, than outflows
Capital inflows: $8.04M | Capital outflows: $21.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.53M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.42M |
| 3 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$817K |
| 4 |
Cutler Investment Counsel
Jacksonville,
Oregon
|
+$716K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$532K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab Investment Advisory
San Francisco,
California
|
-$12.7M |
| 2 |
Flow Traders U.S.
New York
|
-$4.5M |
| 3 |
WFA
Wade Financial Advisory
Campbell,
California
|
-$1.04M |
| 4 |
Jane Street
New York
|
-$935K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$812K |
PDN Hedge Fund Activity: Q1 2024 in Review
101 of the 6,966 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) for Q1 2024, worth a combined $392M — down 2.8% from $404M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new PDN positions and 10 closed out — a net gain of 5 holders — while 35 added to existing stakes and 27 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $1.53M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $12.7M.
- 101 institutional investors held Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) as of Q1 2024, up from 98 in Q4 2023.
- Funds reported $392M of Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF stock for Q1 2024, down 2.8% quarter-over-quarter.
- 15 funds opened new Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF positions in Q1 2024 and 10 closed out, a net change of +5 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF buyer in Q1 2024 was Citadel Advisors, an estimated $1.53M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF seller in Q1 2024 was Charles Schwab Investment Advisory, an estimated $12.7M sold.
Based on aggregated 13F filings for Q1 2024.