Invesco FTSE RAFI US 1500 Small-Mid ETF
PRFZ
227 hedge funds and large institutions have $1.37B invested in Invesco FTSE RAFI US 1500 Small-Mid ETF in 2023 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 71 increasing their positions, 75 reducing their positions, and 14 closing their positions.
36% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 14
1% more funds holding
Funds holding: 224 → 227 (+3)
1% less capital invested
Capital invested by funds: $1.38B → $1.37B (-$14.5M)
5% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 75
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
278.37% less ownership
Funds ownership: 346.92% → 68.55% (-278%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$33.3M |
| 2 |
Bank of New York Mellon
New York
|
+$27.7M |
| 3 |
WA
Waverly Advisors
Birmingham,
Alabama
|
+$3.79M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$3.28M |
| 5 |
SFS
Solitude Financial Services
Charlottesville,
Virginia
|
+$2.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mercer Global Advisors
Denver,
Colorado
|
-$13.7M |
| 2 |
DI
DFPG Investments
Sandy,
Utah
|
-$6.89M |
| 3 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$5.68M |
| 4 |
IA
IFG Advisory
Atlanta,
Georgia
|
-$2.24M |
| 5 |
MWM
Mascoma Wealth Management
Hanover,
New Hampshire
|
-$1.71M |
PRFZ Hedge Fund Activity: Q3 2023 in Review
227 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) for Q3 2023, worth a combined $1.37B — down 1% from $1.38B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new PRFZ positions and 14 closed out — a net gain of 5 holders — while 71 added to existing stakes and 75 trimmed.
The largest buyer was Wealth Enhancement Advisory Services, adding an estimated $33.3M. The largest seller was Mercer Global Advisors, cutting an estimated $13.7M.
- 227 institutional investors held Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) as of Q3 2023, up from 224 in Q2 2023.
- Funds reported $1.37B of Invesco FTSE RAFI US 1500 Small-Mid ETF stock for Q3 2023, down 1% quarter-over-quarter.
- 19 funds opened new Invesco FTSE RAFI US 1500 Small-Mid ETF positions in Q3 2023 and 14 closed out, a net change of +5 holders.
- The largest Invesco FTSE RAFI US 1500 Small-Mid ETF buyer in Q3 2023 was Wealth Enhancement Advisory Services, an estimated $33.3M added.
- The largest Invesco FTSE RAFI US 1500 Small-Mid ETF seller in Q3 2023 was Mercer Global Advisors, an estimated $13.7M sold.
Based on aggregated 13F filings for Q3 2023.