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Invesco FTSE RAFI US 1500 Small-Mid ETF

253 hedge funds and large institutions have $1.65B invested in Invesco FTSE RAFI US 1500 Small-Mid ETF in 2023 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 66 increasing their positions, 79 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

208% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 13

133% more funds holding in top 10

Funds holding in top 10: 37 (+4)

20% more capital invested

Capital invested by funds: $1.37B → $1.65B (+$279M)

11% more funds holding

Funds holding: 227253 (+26)

3.35% more ownership

Funds ownership: 68.55%71.91% (+3.4%)

16% less repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 79

Holders
253
Holders Change
+26
Holders Change %
+11.45%
% of All Funds
3.69%
Holding in Top 10
7
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+133.33%
% of All Funds
0.1%
New
40
Increased
66
Reduced
79
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CSIA
1
Charles Schwab Investment Advisory
California
$788M +$29.4M +877,406 +4%
Morgan Stanley
2
Morgan Stanley
New York
$92M +$41.4M +1,234,742 +101%
Bank of America
3
Bank of America
North Carolina
$90.2M -$891K -26,568 -1%
WA
4
Waverly Advisors
Alabama
$61.2M +$1.48M +44,148 +3%
LPL Financial
5
LPL Financial
California
$46M +$26.4M +787,675 +179%
Wealth Enhancement Advisory Services
6
Wealth Enhancement Advisory Services
Minnesota
$39.5M +$1.85M +55,266 +6%
RJA
7
Raymond James & Associates
Florida
$37.8M +$492K +14,674 +1%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$32.9M +$2.66M +79,262 +10%
AIA
9
Arbor Investment Advisors
North Carolina
$30.4M +$21.1K +628 +0.1%
Wells Fargo
10
Wells Fargo
California
$26.2M +$1.34M +40,005 +6%
UBS Group
11
UBS Group
Switzerland
$24M -$357K -10,657 -2%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$22.1M +$709K +21,158 +4%
Osaic Holdings
13
Osaic Holdings
Arizona
$21.9M -$1.52M -45,199 -7%
FFA
14
First Foundation Advisors
California
$20.7M +$1.14M +33,983 +7%
Baird Financial Group
15
Baird Financial Group
Wisconsin
$20.5M +$537K +16,024 +3%
CAN
16
Cetera Advisor Networks
California
$14.9M +$143K +4,256 +1%
NRI
17
NFP Retirement Inc
California
$13.7M +$899K +26,827 +8%
CC
18
Callan Capital
California
$11.1M -$1.09M -32,494 -10%
Mariner
19
Mariner
Kansas
$10.4M -$92.8K -2,769 -1%
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$10.4M -$279K -8,317 -3%
CAPTRUST Financial Advisors
21
CAPTRUST Financial Advisors
North Carolina
$10.3M -$165K -4,936 -2%
AAS
22
Avantax Advisory Services
Texas
$10M +$1.69M +50,440 +23%
AI
23
Accredited Investors
Minnesota
$9.65M -$461K -13,754 -5%
AFA
24
Arlington Financial Advisors
California
$8.85M +$1.57M +46,809 +25%
DAS
25
Dynamic Advisor Solutions
Arizona
$8.66M +$1.45M +43,395 +22%

PRFZ Hedge Fund Activity: Q4 2023 in Review

253 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) for Q4 2023, worth a combined $1.65B — up 20% from $1.37B a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new PRFZ positions and 13 closed out — a net gain of 27 holders — while 66 added to existing stakes and 79 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $41.4M. The largest seller was Invesco, cutting an estimated $27.8M.

  • 253 institutional investors held Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) as of Q4 2023, up from 227 in Q3 2023.
  • Funds reported $1.65B of Invesco FTSE RAFI US 1500 Small-Mid ETF stock for Q4 2023, up 20% quarter-over-quarter.
  • 40 funds opened new Invesco FTSE RAFI US 1500 Small-Mid ETF positions in Q4 2023 and 13 closed out, a net change of +27 holders.
  • The largest Invesco FTSE RAFI US 1500 Small-Mid ETF buyer in Q4 2023 was Morgan Stanley, an estimated $41.4M added.
  • The largest Invesco FTSE RAFI US 1500 Small-Mid ETF seller in Q4 2023 was Invesco, an estimated $27.8M sold.

Based on aggregated 13F filings for Q4 2023.