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Invesco FTSE RAFI Developed Markets ex-US ETF

63 hedge funds and large institutions have $530M invested in Invesco FTSE RAFI Developed Markets ex-US ETF in 2014 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 20 increasing their positions, 23 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more funds holding in top 10

Funds holding in top 10: 35 (+2)

17% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 12

0% more funds holding

Funds holding: 6363 (0)

1.08% less ownership

Funds ownership: 67.62%66.55% (-1.1%)

11% less capital invested

Capital invested by funds: $598M → $530M (-$67.6M)

13% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 23

Holders
63
Holders Change
Holders Change %
0%
% of All Funds
1.68%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.13%
New
14
Increased
20
Reduced
23
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
1
Invesco
Georgia
$277M +$11.8M +291,095 +4%
Bank of America
2
Bank of America
North Carolina
$25.8M -$1.31M -32,215 -5%
BTS
3
BB&T Securities
Virginia
$19.6M -$1.83M -44,926 -48%
GT
4
Glenmede Trust
Pennsylvania
$19.1M +$2.59M +63,688 +15%
FMWA
5
Forvis Mazars Wealth Advisors
Missouri
$18.4M -$87.7K -2,156 -0.5%
UBS Group
6
UBS Group
Switzerland
$18.3M +$18.8M +463,003 New
Morgan Stanley
7
Morgan Stanley
New York
$15.2M -$2.58M -63,485 -14%
RC
8
RegentAtlantic Capital
New Jersey
$11.2M +$10.5M +259,050 +1,046%
USAA
9
United Services Automobile Association
Texas
$11M +$11.3M +278,500 New
Wells Fargo
10
Wells Fargo
California
$9.57M -$1.79M -44,094 -15%
CPO
11
Cerity Partners OCIO
New York
$9.19M +$7.56M +185,796 +396%
HSBC Holdings
12
HSBC Holdings
United Kingdom
$8.8M -$654K -16,068 -7%
OC
13
Oppenheimer & Co
New York
$7.04M +$380K +9,350 +6%
NA
14
Nottingham Advisors
New York
$7.02M -$21.9K -539 -0.3%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$6.52M +$186K +4,571 +3%
JWA
16
JFS Wealth Advisors
Pennsylvania
$6.3M +$403K +9,903 +7%
Jane Street
17
Jane Street
New York
$5.46M +$4.07M +100,093 +262%
KL
18
Kinsight LLC
Alabama
$4.47M +$2.68M +65,862 +140%
CAN
19
Cetera Advisor Networks
California
$4.3M -$181K -4,450 -4%
CA
20
Cetera Advisors
Colorado
$4.02M +$1.04M +25,592 +34%
PO
21
Private Ocean
California
$3.81M +$10.8K +265 +0.3%
MIH
22
Madison Investment Holdings
Wisconsin
$3.4M +$207K +5,084 +6%
CFA
23
Carroll Financial Associates
North Carolina
$3.23M -$3.44M -84,441 -51%
Ameriprise
24
Ameriprise
Minnesota
$3.14M +$323K +7,946 +11%
MFP
25
Mosaic Financial Partners
California
$2.9M +$1.97M +48,396 +192%

PXF Hedge Fund Activity: Q4 2014 in Review

63 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) for Q4 2014, worth a combined $530M — down 11% from $598M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new PXF positions and 12 closed out — a net gain of 2 holders — while 20 added to existing stakes and 23 trimmed.

The largest buyer was Invesco, adding an estimated $11.8M. The largest seller was RiverFront Investment Group, exiting entirely with an estimated $48.5M sold.

  • 63 institutional investors held Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) as of Q4 2014, unchanged from Q3 2014.
  • Funds reported $530M of Invesco FTSE RAFI Developed Markets ex-US ETF stock for Q4 2014, down 11% quarter-over-quarter.
  • 14 funds opened new Invesco FTSE RAFI Developed Markets ex-US ETF positions in Q4 2014 and 12 closed out, a net change of +2 holders.
  • The largest Invesco FTSE RAFI Developed Markets ex-US ETF buyer in Q4 2014 was Invesco, an estimated $11.8M added.
  • The largest Invesco FTSE RAFI Developed Markets ex-US ETF seller in Q4 2014 was RiverFront Investment Group, an estimated $48.5M sold.

Based on aggregated 13F filings for Q4 2014.