Invesco FTSE RAFI Developed Markets ex-US ETF
64 hedge funds and large institutions have $502M invested in Invesco FTSE RAFI Developed Markets ex-US ETF in 2015 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 29 increasing their positions, 22 reducing their positions, and 7 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 22
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
1.18% less ownership
Funds ownership: 70.01% → 68.83% (-1.2%)
2% less funds holding
Funds holding: 65 → 64 (-1)
16% less capital invested
Capital invested by funds: $599M → $502M (-$96.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$45M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$12M |
| 3 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$9.11M |
| 4 |
Goldman Sachs
New York
|
+$5.35M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$3.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$78.2M |
| 2 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$12.8M |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
-$4.38M |
| 4 |
FMWA
Forvis Mazars Wealth Advisors
Springfield,
Missouri
|
-$3.63M |
| 5 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$3.46M |
PXF Hedge Fund Activity: Q3 2015 in Review
64 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) for Q3 2015, worth a combined $502M — down 16% from $599M a quarter earlier.
Fund positioning in PXF was balanced in Q3 2015: 7 funds opened new positions, 7 closed out, 29 added to existing stakes and 22 trimmed.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $45M. The largest seller was Invesco, cutting an estimated $78.2M.
- 64 institutional investors held Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) as of Q3 2015, down from 65 in Q2 2015.
- Funds reported $502M of Invesco FTSE RAFI Developed Markets ex-US ETF stock for Q3 2015, down 16% quarter-over-quarter.
- 7 funds opened new Invesco FTSE RAFI Developed Markets ex-US ETF positions in Q3 2015 and 7 closed out, a net change of 0 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US ETF buyer in Q3 2015 was Charles Schwab Investment Advisory, an estimated $45M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US ETF seller in Q3 2015 was Invesco, an estimated $78.2M sold.
Based on aggregated 13F filings for Q3 2015.