Invesco FTSE RAFI Developed Markets ex-US ETF
85 hedge funds and large institutions have $972M invested in Invesco FTSE RAFI Developed Markets ex-US ETF in 2018 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 27 increasing their positions, 29 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
41% more capital invested
Capital invested by funds: $689M → $972M (+$283M)
11.08% more ownership
Funds ownership: 56.05% → 67.13% (+11%)
5% more funds holding
Funds holding: 81 → 85 (+4)
7% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 29
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$132M |
| 2 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$74.1M |
| 3 |
Jane Street
New York
|
+$19.7M |
| 4 |
PI
PFS Investments
Duluth,
Georgia
|
+$6.99M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$6.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$14.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$9.82M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$6.23M |
| 4 |
Goldman Sachs
New York
|
-$2.09M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.68M |
PXF Hedge Fund Activity: Q3 2018 in Review
85 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) for Q3 2018, worth a combined $972M — up 41% from $689M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PXF positions and 7 closed out — a net gain of 6 holders — while 27 added to existing stakes and 29 trimmed.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $132M. The largest seller was Susquehanna International Group, cutting an estimated $14.3M.
- 85 institutional investors held Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) as of Q3 2018, up from 81 in Q2 2018.
- Funds reported $972M of Invesco FTSE RAFI Developed Markets ex-US ETF stock for Q3 2018, up 41% quarter-over-quarter.
- 13 funds opened new Invesco FTSE RAFI Developed Markets ex-US ETF positions in Q3 2018 and 7 closed out, a net change of +6 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US ETF buyer in Q3 2018 was Charles Schwab Investment Advisory, an estimated $132M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US ETF seller in Q3 2018 was Susquehanna International Group, an estimated $14.3M sold.
Based on aggregated 13F filings for Q3 2018.