Invesco FTSE RAFI Developed Markets ex-US ETF
59 hedge funds and large institutions have $568M invested in Invesco FTSE RAFI Developed Markets ex-US ETF in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 33 increasing their positions, 13 reducing their positions, and 5 closing their positions.
154% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 13
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
5% more funds holding
Funds holding: 56 → 59 (+3)
0% less capital invested
Capital invested by funds: $568M → $568M (-$465K)
3.68% less ownership
Funds ownership: 73.7% → 70.01% (-3.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$7.15M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$5.48M |
| 3 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$5.42M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$3.31M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$15.1M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$10.8M |
| 3 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
-$6.96M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.68M |
| 5 |
Goldman Sachs
New York
|
-$889K |
PXF Hedge Fund Activity: Q1 2014 in Review
59 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) for Q1 2014, worth a combined $568M — down 0.08% from $568M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PXF positions and 5 closed out — a net gain of 4 holders — while 33 added to existing stakes and 13 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $7.15M. The largest seller was RiverFront Investment Group, cutting an estimated $15.1M.
- 59 institutional investors held Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) as of Q1 2014, up from 56 in Q4 2013.
- Funds reported $568M of Invesco FTSE RAFI Developed Markets ex-US ETF stock for Q1 2014, down 0.08% quarter-over-quarter.
- 9 funds opened new Invesco FTSE RAFI Developed Markets ex-US ETF positions in Q1 2014 and 5 closed out, a net change of +4 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US ETF buyer in Q1 2014 was Morgan Stanley, an estimated $7.15M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US ETF seller in Q1 2014 was RiverFront Investment Group, an estimated $15.1M sold.
Based on aggregated 13F filings for Q1 2014.