Invesco FTSE RAFI Developed Markets ex-US ETF
95 hedge funds and large institutions have $820M invested in Invesco FTSE RAFI Developed Markets ex-US ETF in 2020 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 35 reducing their positions, and 23 closing their positions.
9.2% more ownership
Funds ownership: 67.35% → 76.55% (+9.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less capital invested
Capital invested by funds: $852M → $820M (-$31.5M)
12% less funds holding
Funds holding: 108 → 95 (-13)
26% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 35
48% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$261M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$61.7M |
| 3 |
Jane Street
New York
|
+$9.61M |
| 4 |
Morgan Stanley
New York
|
+$4.81M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BO
BRR OpCo
Columbus,
Ohio
|
-$28M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$21M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$5.04M |
| 4 |
US Bancorp
Minneapolis,
Minnesota
|
-$3.24M |
| 5 |
PO
Private Ocean
San Rafael,
California
|
-$3.04M |
PXF Hedge Fund Activity: Q1 2020 in Review
95 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) for Q1 2020, worth a combined $820M — down 3.7% from $852M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of PXF and 12 opened new positions — a net loss of 11 holders — while 35 trimmed existing stakes and 26 added.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $261M. The largest seller was BRR OpCo, cutting an estimated $28M.
- 95 institutional investors held Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) as of Q1 2020, down from 108 in Q4 2019.
- Funds reported $820M of Invesco FTSE RAFI Developed Markets ex-US ETF stock for Q1 2020, down 3.7% quarter-over-quarter.
- 12 funds opened new Invesco FTSE RAFI Developed Markets ex-US ETF positions in Q1 2020 and 23 closed out, a net change of -11 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US ETF buyer in Q1 2020 was Charles Schwab Investment Advisory, an estimated $261M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US ETF seller in Q1 2020 was BRR OpCo, an estimated $28M sold.
Based on aggregated 13F filings for Q1 2020.