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Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF

100 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, 34 increasing their positions, 28 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 10

21% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 28

3% more funds holding

Funds holding: 97100 (+3)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.75% less ownership

Funds ownership: 76.06%75.3% (-0.75%)

3% less capital invested

Capital invested by funds: $404M → $392M (-$11.7M)

Holders
100
Holders Change
+3
Holders Change %
+3.09%
% of All Funds
1.44%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
15
Increased
34
Reduced
28
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CSIA
1
Charles Schwab Investment Advisory
California
$290M -$12.7M -398,107 -4%
CIC
2
Cutler Investment Counsel
Oregon
$10.4M +$716K +22,381 +8%
FTUS
3
Flow Traders U.S.
New York
$9.36M -$4.5M -140,657 -33%
Invesco
4
Invesco
Georgia
$7.69M -$812K -25,396 -10%
OWM
5
Opes Wealth Management
California
$6.74M -$55.3K -1,730 -0.8%
Jane Street
6
Jane Street
New York
$6.67M -$935K -29,241 -13%
HighTower Advisors
7
HighTower Advisors
Illinois
$6.29M +$2.88K +90 +0%
MWM
8
Merriman Wealth Management
Washington
$4.15M -$56.8K -1,777 -1%
CAPTRUST Financial Advisors
9
CAPTRUST Financial Advisors
North Carolina
$3.74M +$66.1K +2,066 +2%
DSA
10
Droms Strauss Advisors
Missouri
$3.66M +$1.09K +34 +0%
RF
11
Robinswood Financial
Washington
$3.47M -$459K -14,365 -12%
Ameriprise
12
Ameriprise
Minnesota
$2.74M +$156K +4,881 +6%
OMC
13
Old Mission Capital
Illinois
$2.35M +$291K +9,100 +15%
AIM
14
Alhambra Investment Management
Florida
$2.14M +$12.8K +401 +0.6%
KW
15
KWB Wealth
California
$2.12M -$73.4K -2,296 -3%
Susquehanna International Group
16
Susquehanna International Group
Pennsylvania
$1.85M +$1.42M +44,282 +366%
Citadel Advisors
17
Citadel Advisors
Florida
$1.78M +$1.53M +47,754 +756%
WFA
18
Wade Financial Advisory
California
$1.74M -$1.04M -32,570 -38%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$1.57M +$310K +9,684 +25%
Bank of Montreal
20
Bank of Montreal
Ontario, Canada
$1.55M -$28.8K -901 -2%
CST
21
Charles Schwab Trust
Nevada
$1.08M -$256 -8 -0%
Wells Fargo
22
Wells Fargo
California
$1.03M +$57.6K +1,802 +6%
SIM
23
Studio Investment Management
Illinois
$970K +$141K +4,401 +18%
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$944K +$419K +13,092 +84%
KA
25
Klingman & Associates
New York
$855K

PDN Hedge Fund Activity: Q1 2024 in Review

100 of the 6,942 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 2.9% 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 34 added to existing stakes and 28 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.

  • 100 institutional investors held Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) as of Q1 2024, up from 97 in Q4 2023.
  • Funds reported $392M of Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF stock for Q1 2024, down 2.9% 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.