Invesco FTSE RAFI US 1500 Small-Mid ETF
PRFZ
144 hedge funds and large institutions have $964M invested in Invesco FTSE RAFI US 1500 Small-Mid ETF in 2018 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 50 increasing their positions, 40 reducing their positions, and 11 closing their positions.
64% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 11
25% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 40
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
4% more funds holding
Funds holding: 138 → 144 (+6)
2% less capital invested
Capital invested by funds: $985M → $964M (-$21.4M)
5% less call options, than puts
Call options by funds: $278K | Put options by funds: $292K
23.51% less ownership
Funds ownership: 262.48% → 238.97% (-24%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCA
Rowland Carmichael Advisors
Scottsdale,
Arizona
|
+$13.1M |
| 2 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$11.4M |
| 3 |
EC
Estate Counselors
Thiensville,
Wisconsin
|
+$9.3M |
| 4 |
Mariner
Overland Park,
Kansas
|
+$4.25M |
| 5 |
Morgan Stanley
New York
|
+$2.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$100M |
| 2 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
-$14.7M |
| 3 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$7.03M |
| 4 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
-$6.38M |
| 5 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$4.54M |
PRFZ Hedge Fund Activity: Q2 2018 in Review
144 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) for Q2 2018, worth a combined $964M — down 2.2% from $985M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new PRFZ positions and 11 closed out — a net gain of 7 holders — while 50 added to existing stakes and 40 trimmed.
The largest buyer was Rowland Carmichael Advisors, opening a new position worth an estimated $13.1M. The largest seller was Bank of America, cutting an estimated $100M.
- 144 institutional investors held Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) as of Q2 2018, up from 138 in Q1 2018.
- Funds reported $964M of Invesco FTSE RAFI US 1500 Small-Mid ETF stock for Q2 2018, down 2.2% quarter-over-quarter.
- 18 funds opened new Invesco FTSE RAFI US 1500 Small-Mid ETF positions in Q2 2018 and 11 closed out, a net change of +7 holders.
- The largest Invesco FTSE RAFI US 1500 Small-Mid ETF buyer in Q2 2018 was Rowland Carmichael Advisors, an estimated $13.1M added.
- The largest Invesco FTSE RAFI US 1500 Small-Mid ETF seller in Q2 2018 was Bank of America, an estimated $100M sold.
Based on aggregated 13F filings for Q2 2018.