Invesco FTSE RAFI Developed Markets ex-US ETF
108 hedge funds and large institutions have $852M invested in Invesco FTSE RAFI Developed Markets ex-US ETF in 2019 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 24 increasing their positions, 39 reducing their positions, and 7 closing their positions.
143% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 7
9% more funds holding
Funds holding: 99 → 108 (+9)
6% more capital invested
Capital invested by funds: $800M → $852M (+$51.5M)
0.86% more ownership
Funds ownership: 66.49% → 67.35% (+0.86%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
38% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$11.1M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$4.44M |
| 3 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$1.41M |
| 4 |
US Bancorp
Minneapolis,
Minnesota
|
+$966K |
| 5 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$924K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$13.3M |
| 2 |
Jane Street
New York
|
-$6.25M |
| 3 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$4.63M |
| 4 |
CAM
Cidel Asset Management
Toronto, Ontario,
Ontario, Canada
|
-$4.22M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.68M |
PXF Hedge Fund Activity: Q4 2019 in Review
108 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) for Q4 2019, worth a combined $852M — up 6.4% from $800M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PXF positions and 7 closed out — a net gain of 10 holders — while 24 added to existing stakes and 39 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $11.1M. The largest seller was Susquehanna International Group, cutting an estimated $13.3M.
- 108 institutional investors held Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) as of Q4 2019, up from 99 in Q3 2019.
- Funds reported $852M of Invesco FTSE RAFI Developed Markets ex-US ETF stock for Q4 2019, up 6.4% quarter-over-quarter.
- 17 funds opened new Invesco FTSE RAFI Developed Markets ex-US ETF positions in Q4 2019 and 7 closed out, a net change of +10 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US ETF buyer in Q4 2019 was Victory Capital Management, an estimated $11.1M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US ETF seller in Q4 2019 was Susquehanna International Group, an estimated $13.3M sold.
Based on aggregated 13F filings for Q4 2019.