Invesco FTSE RAFI Developed Markets ex-US ETF
155 hedge funds and large institutions have $983M invested in Invesco FTSE RAFI Developed Markets ex-US ETF in 2022 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 38 increasing their positions, 44 reducing their positions, and 12 closing their positions.
233% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 12
21% more capital invested
Capital invested by funds: $811M → $983M (+$172M)
17% more funds holding
Funds holding: 132 → 155 (+23)
1% less ownership
Funds ownership: 78.59% → 77.59% (-1%)
14% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 44
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$25.8M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$4.97M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$4.69M |
| 4 |
Morgan Stanley
New York
|
+$4.43M |
| 5 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
+$4.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$25M |
| 2 |
JWWM
Johnson & White Wealth Management
York,
Pennsylvania
|
-$7.46M |
| 3 |
GW
GW & Wade
Wellesley,
Massachusetts
|
-$1.9M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.82M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.63M |
PXF Hedge Fund Activity: Q4 2022 in Review
155 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) for Q4 2022, worth a combined $983M — up 21% from $811M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new PXF positions and 12 closed out — a net gain of 28 holders — while 38 added to existing stakes and 44 trimmed.
The largest buyer was Bank of America, adding an estimated $25.8M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $25M.
- 155 institutional investors held Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) as of Q4 2022, up from 132 in Q3 2022.
- Funds reported $983M of Invesco FTSE RAFI Developed Markets ex-US ETF stock for Q4 2022, up 21% quarter-over-quarter.
- 40 funds opened new Invesco FTSE RAFI Developed Markets ex-US ETF positions in Q4 2022 and 12 closed out, a net change of +28 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US ETF buyer in Q4 2022 was Bank of America, an estimated $25.8M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US ETF seller in Q4 2022 was Charles Schwab Investment Advisory, an estimated $25M sold.
Based on aggregated 13F filings for Q4 2022.