Invesco FTSE RAFI US 1500 Small-Mid ETF
PRFZ
294 hedge funds and large institutions have $977M invested in Invesco FTSE RAFI US 1500 Small-Mid ETF in 2025 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 95 increasing their positions, 75 reducing their positions, and 15 closing their positions.
93% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 15
27% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 75
13% more capital invested
Capital invested by funds: $867M → $977M (+$109M)
3% more funds holding
Funds holding: 285 → 294 (+9)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1.66% less ownership
Funds ownership: 36.48% → 34.82% (-1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$23.7M |
| 2 |
SA
Sanctuary Advisors
Indianapolis,
Indiana
|
+$11.1M |
| 3 |
Bank of New York Mellon
New York
|
+$7.56M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$5.24M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$4.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$9.35M |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
-$5.43M |
| 3 |
AIA
Arbor Investment Advisors
Winston Salem,
North Carolina
|
-$5.35M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.85M |
| 5 |
WA
Waverly Advisors
Birmingham,
Alabama
|
-$1.46M |
PRFZ Hedge Fund Activity: Q3 2025 in Review
294 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) for Q3 2025, worth a combined $977M — up 13% from $867M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new PRFZ positions and 15 closed out — a net gain of 14 holders — while 95 added to existing stakes and 75 trimmed.
The largest buyer was Cetera Investment Advisers, adding an estimated $23.7M. The largest seller was UBS Group, cutting an estimated $9.35M.
- 294 institutional investors held Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) as of Q3 2025, up from 285 in Q2 2025.
- Funds reported $977M of Invesco FTSE RAFI US 1500 Small-Mid ETF stock for Q3 2025, up 13% quarter-over-quarter.
- 29 funds opened new Invesco FTSE RAFI US 1500 Small-Mid ETF positions in Q3 2025 and 15 closed out, a net change of +14 holders.
- The largest Invesco FTSE RAFI US 1500 Small-Mid ETF buyer in Q3 2025 was Cetera Investment Advisers, an estimated $23.7M added.
- The largest Invesco FTSE RAFI US 1500 Small-Mid ETF seller in Q3 2025 was UBS Group, an estimated $9.35M sold.
Based on aggregated 13F filings for Q3 2025.