Invesco FTSE RAFI Developed Markets ex-US ETF
59 hedge funds and large institutions have $568M invested in Invesco FTSE RAFI Developed Markets ex-US ETF in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 33 increasing their positions, 13 reducing their positions, and 5 closing their positions.
154% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 13
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
5% more funds holding
Funds holding: 56 → 59 (+3)
0% less capital invested
Capital invested by funds: $568M → $568M (-$465K)
3.68% less ownership
Funds ownership: 73.7% → 70.01% (-3.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$7.15M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$5.48M |
| 3 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$5.42M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$3.31M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$15.1M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$10.8M |
| 3 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
-$6.96M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.68M |
| 5 |
Goldman Sachs
New York
|
-$889K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $61K | +$60.6K | +1,395 | +69,750% |
|
52
Bank of Montreal
Toronto,
Ontario, Canada
| $46K | +$25.5K | +586 | +127% |
|
53
Citigroup
New York
| $40K | +$35.1K | +808 | +808% |
|
|
TRCT
54
Tower Research Capital (TRC)
New York
| $31K | +$30.4K | +700 | New |
|
|
GG
55
Gofen & Glossberg
Chicago,
Illinois
| $26K | – | – | – |
|
|
TAIM
56
TD Ameritrade Investment Management
Omaha,
Nebraska
| $25K | – | – | – |
|
|
FWM
57
Focused Wealth Management
Newburgh,
New York
| $9K | – | – | – |
|
|
ECM
58
Exchange Capital Management
Ann Arbor,
Michigan
| $8K | – | – | – |
|
|
WA
59
WFG Advisors
Dallas,
Texas
| $5K | +$5.26K | +121 | New |
|
|
MWM
60
Merriman Wealth Management
Seattle,
Washington
| – | -$6.96M | -158,313 | Closed |
|
|
SC
61
Scotia Capital
Toronto,
Ontario, Canada
| – | -$559K | -12,696 | Closed |
|
|
RP
62
Reinhart Partners
Mequon,
Wisconsin
| – | -$347K | -7,884 | Closed |
|
|
AI
63
Atria Investments
Charlotte,
North Carolina
| – | -$237K | -5,390 | Closed |
|
|
HI
64
Hudock Inc
Williamsport,
Pennsylvania
| – | -$9K | -209 | Closed |
|
PXF Hedge Fund Activity: Q1 2014 in Review
59 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) for Q1 2014, worth a combined $568M — down 0.08% from $568M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PXF positions and 5 closed out — a net gain of 4 holders — while 33 added to existing stakes and 13 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $7.15M. The largest seller was RiverFront Investment Group, cutting an estimated $15.1M.
- 59 institutional investors held Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) as of Q1 2014, up from 56 in Q4 2013.
- Funds reported $568M of Invesco FTSE RAFI Developed Markets ex-US ETF stock for Q1 2014, down 0.08% quarter-over-quarter.
- 9 funds opened new Invesco FTSE RAFI Developed Markets ex-US ETF positions in Q1 2014 and 5 closed out, a net change of +4 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US ETF buyer in Q1 2014 was Morgan Stanley, an estimated $7.15M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US ETF seller in Q1 2014 was RiverFront Investment Group, an estimated $15.1M sold.
Based on aggregated 13F filings for Q1 2014.