Invesco FTSE RAFI Developed Markets ex-US ETF
92 hedge funds and large institutions have $964M invested in Invesco FTSE RAFI Developed Markets ex-US ETF in 2019 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 38 reducing their positions, and 10 closing their positions.
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
1% more funds holding
Funds holding: 91 → 92 (+1)
2% more capital invested
Capital invested by funds: $949M → $964M (+$14.9M)
8.04% less ownership
Funds ownership: 73.67% → 65.63% (-8%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
32% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$16M |
| 2 |
Jane Street
New York
|
+$13.6M |
| 3 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$10M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$9.88M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$3.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PFS Investments
Duluth,
Georgia
|
-$63.4M |
| 2 |
TA
Tiedemann Advisors
New York
|
-$8.72M |
| 3 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$8.22M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$8.12M |
| 5 |
Morgan Stanley
New York
|
-$6.48M |
PXF Hedge Fund Activity: Q1 2019 in Review
92 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) for Q1 2019, worth a combined $964M — up 1.6% from $949M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PXF positions and 10 closed out — a net gain of 2 holders — while 26 added to existing stakes and 38 trimmed.
The largest buyer was Bank of America, adding an estimated $16M. The largest seller was PFS Investments, exiting entirely with an estimated $63.4M sold.
- 92 institutional investors held Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) as of Q1 2019, up from 91 in Q4 2018.
- Funds reported $964M of Invesco FTSE RAFI Developed Markets ex-US ETF stock for Q1 2019, up 1.6% quarter-over-quarter.
- 12 funds opened new Invesco FTSE RAFI Developed Markets ex-US ETF positions in Q1 2019 and 10 closed out, a net change of +2 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US ETF buyer in Q1 2019 was Bank of America, an estimated $16M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US ETF seller in Q1 2019 was PFS Investments, an estimated $63.4M sold.
Based on aggregated 13F filings for Q1 2019.