Invesco FTSE RAFI Developed Markets ex-US ETF
59 hedge funds and large institutions have $608M invested in Invesco FTSE RAFI Developed Markets ex-US ETF in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 35 increasing their positions, 15 reducing their positions, and 5 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 15
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
7% more capital invested
Capital invested by funds: $568M → $608M (+$40.2M)
0% more funds holding
Funds holding: 59 → 59 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
1.67% less ownership
Funds ownership: 70.01% → 68.35% (-1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$9M |
| 2 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
+$8.73M |
| 3 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$3.53M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.78M |
| 5 |
FMWA
Forvis Mazars Wealth Advisors
Springfield,
Missouri
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$8.61M |
| 2 |
Jane Street
New York
|
-$4.82M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.92M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$711K |
| 5 |
Goldman Sachs
New York
|
-$602K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $41K | – | – | – |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| $24K | -$8K | -178 | -25% |
|
|
GSC
53
Ground Swell Capital
Folly Beach,
South Carolina
| $14K | +$13.5K | +300 | New |
|
|
HI
54
Hudock Inc
Williamsport,
Pennsylvania
| $10K | +$9.79K | +218 | New |
|
|
FWM
55
Focused Wealth Management
Newburgh,
New York
| $9K | – | – | – |
|
56
Creative Planning
Overland Park,
Kansas
| $9K | +$8.71K | +194 | New |
|
|
WA
57
WFG Advisors
Dallas,
Texas
| $6K | +$90 | +2 | +2% |
|
|
ECM
58
Exchange Capital Management
Ann Arbor,
Michigan
| $4K | -$4.94K | -110 | -58% |
|
|
BRWA
59
B. Riley Wealth Advisors
Boca Raton,
Florida
| $3.42K | +$3.37K | +75 | New |
|
|
60
Jane Street
New York
| – | -$4.82M | -109,733 | Closed |
|
|
61
Goldman Sachs
New York
| – | -$602K | -13,713 | Closed |
|
62
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$336K | -7,665 | Closed |
|
|
GG
63
Gofen & Glossberg
Chicago,
Illinois
| – | -$26K | -585 | Closed |
|
|
TAIM
64
TD Ameritrade Investment Management
Omaha,
Nebraska
| – | -$25K | -567 | Closed |
|
PXF Hedge Fund Activity: Q2 2014 in Review
59 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) for Q2 2014, worth a combined $608M — up 7.1% from $568M a quarter earlier.
Fund positioning in PXF was balanced in Q2 2014: 5 funds opened new positions, 5 closed out, 35 added to existing stakes and 15 trimmed.
The largest buyer was UBS, adding an estimated $9M. The largest seller was Bank of America, cutting an estimated $8.61M.
- 59 institutional investors held Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) as of Q2 2014, unchanged from Q1 2014.
- Funds reported $608M of Invesco FTSE RAFI Developed Markets ex-US ETF stock for Q2 2014, up 7.1% quarter-over-quarter.
- 5 funds opened new Invesco FTSE RAFI Developed Markets ex-US ETF positions in Q2 2014 and 5 closed out, a net change of 0 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US ETF buyer in Q2 2014 was UBS, an estimated $9M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US ETF seller in Q2 2014 was Bank of America, an estimated $8.61M sold.
Based on aggregated 13F filings for Q2 2014.