Invesco FTSE RAFI Developed Markets ex-US ETF
86 hedge funds and large institutions have $614M invested in Invesco FTSE RAFI Developed Markets ex-US ETF in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 41 reducing their positions, and 17 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
9% less funds holding
Funds holding: 95 → 86 (-9)
12.3% less ownership
Funds ownership: 76.55% → 64.25% (-12%)
25% less capital invested
Capital invested by funds: $820M → $614M (-$206M)
53% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 17
54% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BO
BRR OpCo
Columbus,
Ohio
|
+$33.1M |
| 2 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$9.37M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.46M |
| 4 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
+$4M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$173M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$63.2M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$53.2M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$25.1M |
| 5 |
WAM
Wakefield Asset Management
Englewood,
Colorado
|
-$10.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Rockefeller Capital Management
New York
| – | -$12K | -408 | Closed |
|
|
TIM
102
Tortoise Investment Management
White Plains,
New York
| – | -$8K | -264 | Closed |
|
|
GI
103
Gradient Investments
Arden Hills,
Minnesota
| – | -$5K | -175 | Closed |
|
PXF Hedge Fund Activity: Q2 2020 in Review
86 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) for Q2 2020, worth a combined $614M — down 25% from $820M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of PXF and 8 opened new positions — a net loss of 9 holders — while 41 trimmed existing stakes and 19 added.
The largest buyer was BRR OpCo, adding an estimated $33.1M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $173M.
- 86 institutional investors held Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) as of Q2 2020, down from 95 in Q1 2020.
- Funds reported $614M of Invesco FTSE RAFI Developed Markets ex-US ETF stock for Q2 2020, down 25% quarter-over-quarter.
- 8 funds opened new Invesco FTSE RAFI Developed Markets ex-US ETF positions in Q2 2020 and 17 closed out, a net change of -9 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US ETF buyer in Q2 2020 was BRR OpCo, an estimated $33.1M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US ETF seller in Q2 2020 was Charles Schwab Investment Advisory, an estimated $173M sold.
Based on aggregated 13F filings for Q2 2020.