Invesco FTSE RAFI Developed Markets ex-US ETF
204 hedge funds and large institutions have $1.64B invested in Invesco FTSE RAFI Developed Markets ex-US ETF in 2025 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 78 increasing their positions, 53 reducing their positions, and 7 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
47% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 53
1% more funds holding
Funds holding: 201 → 204 (+3)
3% more capital invested
Capital invested by funds: $1.58B → $1.64B (+$55.2M)
1.28% less ownership
Funds ownership: 77.68% → 76.4% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$7.56M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$5.98M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$5.19M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$3.43M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$3.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$29.1M |
| 2 |
Charles Schwab
San Francisco,
California
|
-$28.9M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$13.5M |
| 4 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
-$4.81M |
| 5 |
EH
Equitable Holdings
New York
|
-$2.56M |
PXF Hedge Fund Activity: Q3 2025 in Review
204 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) for Q3 2025, worth a combined $1.64B — up 3.5% from $1.58B a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new PXF positions and 7 closed out — a net gain of 7 holders — while 78 added to existing stakes and 53 trimmed.
The largest buyer was Wells Fargo, adding an estimated $7.56M. The largest seller was Victory Capital Management, cutting an estimated $29.1M.
- 204 institutional investors held Invesco FTSE RAFI Developed Markets ex-US ETF (PXF) as of Q3 2025, up from 201 in Q2 2025.
- Funds reported $1.64B of Invesco FTSE RAFI Developed Markets ex-US ETF stock for Q3 2025, up 3.5% quarter-over-quarter.
- 14 funds opened new Invesco FTSE RAFI Developed Markets ex-US ETF positions in Q3 2025 and 7 closed out, a net change of +7 holders.
- The largest Invesco FTSE RAFI Developed Markets ex-US ETF buyer in Q3 2025 was Wells Fargo, an estimated $7.56M added.
- The largest Invesco FTSE RAFI Developed Markets ex-US ETF seller in Q3 2025 was Victory Capital Management, an estimated $29.1M sold.
Based on aggregated 13F filings for Q3 2025.