Invesco FTSE RAFI Developed Markets ex-US ETF
61 hedge funds and large institutions have $711M invested in Invesco FTSE RAFI Developed Markets ex-US ETF in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 25 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
47% more capital invested
Capital invested by funds: $485M → $711M (+$226M)
7% more funds holding
Funds holding: 57 → 61 (+4)
5.96% more ownership
Funds ownership: 69.77% → 75.74% (+6%)
20% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 25
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$196M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$5.11M |
| 3 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$4.17M |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$2.16M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$11.6M |
| 2 |
FMWA
Forvis Mazars Wealth Advisors
Springfield,
Missouri
|
-$8.52M |
| 3 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$2.26M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.17M |
| 5 |
Morgan Stanley
New York
|
-$2.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CPO
51
Cerity Partners OCIO
New York
| $202K | -$139K | -3,850 | -41% |
|
|
MFS
52
MSI Financial Services
Springfield,
Massachusetts
| $199K | -$18K | -500 | -8% |
|
53
Creative Planning
Overland Park,
Kansas
| $54K | – | – | – |
|
|
AG
54
Advisor Group
Phoenix,
Arizona
| $38K | -$5.07K | -141 | -12% |
|
|
IA
55
IFP Advisors
Tampa,
Florida
| $31K | – | – | – |
|
56
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| $17K | +$5.76K | +160 | +53% |
|
57
BlackRock
New York
| $12K | – | – | – |
|
|
TIM
58
Tortoise Investment Management
White Plains,
New York
| $10K | – | – | – |
|
59
Citigroup
New York
| $6K | -$3.6K | -100 | -37% |
|
|
CWM
60
Concert Wealth Management
San Jose,
California
| $4K | +$3.63K | +101 | New |
|
|
MAM
61
Marquette Asset Management
Minneapolis,
Minnesota
| – | -$218K | -6,300 | Closed |
|
62
Envestnet Asset Management
Chicago,
Illinois
| – | -$121K | -3,514 | Closed |
|
PXF Hedge Fund Activity: Q3 2016 in Review
61 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) for Q3 2016, worth a combined $711M — up 47% from $485M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PXF positions and 2 closed out — a net gain of 4 holders — while 20 added to existing stakes and 25 trimmed.
The largest buyer was Invesco, adding an estimated $196M. The largest seller was Wells Fargo, cutting an estimated $11.6M.
- 61 institutional investors held Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) as of Q3 2016, up from 57 in Q2 2016.
- Funds reported $711M of Invesco FTSE RAFI Developed Markets ex-US ETF stock for Q3 2016, up 47% quarter-over-quarter.
- 6 funds opened new Invesco FTSE RAFI Developed Markets ex-US ETF positions in Q3 2016 and 2 closed out, a net change of +4 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US ETF buyer in Q3 2016 was Invesco, an estimated $196M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US ETF seller in Q3 2016 was Wells Fargo, an estimated $11.6M sold.
Based on aggregated 13F filings for Q3 2016.