Invesco FTSE RAFI Developed Markets ex-US ETF
167 hedge funds and large institutions have $1.23B invested in Invesco FTSE RAFI Developed Markets ex-US ETF in 2023 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 57 increasing their positions, 47 reducing their positions, and 13 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 47
0% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 13
1% less funds holding
Funds holding: 169 → 167 (-2)
2.03% less ownership
Funds ownership: 82.19% → 80.16% (-2%)
5% less capital invested
Capital invested by funds: $1.3B → $1.23B (-$71.3M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$31.9M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$7.27M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$7.01M |
| 4 |
LPL Financial
San Diego,
California
|
+$6.07M |
| 5 |
Morgan Stanley
New York
|
+$3.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$34.3M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$13.6M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.34M |
| 4 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
-$4.8M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$4.68M |
PXF Hedge Fund Activity: Q3 2023 in Review
167 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) for Q3 2023, worth a combined $1.23B — down 5.5% from $1.3B a quarter earlier.
Fund positioning in PXF was balanced in Q3 2023: 13 funds opened new positions, 13 closed out, 57 added to existing stakes and 47 trimmed.
The largest buyer was Bank of New York Mellon, opening a new position worth an estimated $31.9M. The largest seller was Jane Street, cutting an estimated $34.3M.
- 167 institutional investors held Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) as of Q3 2023, down from 169 in Q2 2023.
- Funds reported $1.23B of Invesco FTSE RAFI Developed Markets ex-US ETF stock for Q3 2023, down 5.5% quarter-over-quarter.
- 13 funds opened new Invesco FTSE RAFI Developed Markets ex-US ETF positions in Q3 2023 and 13 closed out, a net change of 0 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US ETF buyer in Q3 2023 was Bank of New York Mellon, an estimated $31.9M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US ETF seller in Q3 2023 was Jane Street, an estimated $34.3M sold.
Based on aggregated 13F filings for Q3 2023.