Invesco FTSE RAFI Emerging Markets ETF
107 hedge funds and large institutions have $741M invested in Invesco FTSE RAFI Emerging Markets ETF in 2020 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 32 increasing their positions, 45 reducing their positions, and 29 closing their positions.
4% less capital invested
Capital invested by funds: $770M → $741M (-$28.9M)
8.64% less ownership
Funds ownership: 81.14% → 72.5% (-8.6%)
11% less funds holding
Funds holding: 120 → 107 (-13)
29% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 45
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
45% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$31.9M |
| 2 |
TAIM
TD Ameritrade Investment Management
Omaha,
Nebraska
|
+$10.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$6.16M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$4.84M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$64.8M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$54.1M |
| 3 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
-$37.8M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$21.7M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$14.7M |
PXH Hedge Fund Activity: Q2 2020 in Review
107 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Emerging Markets ETF (PXH) for Q2 2020, worth a combined $741M — down 3.8% from $770M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of PXH and 16 opened new positions — a net loss of 13 holders — while 45 trimmed existing stakes and 32 added.
The largest buyer was Brinker Capital Investments, adding an estimated $31.9M. The largest seller was Avantax Advisory Services, cutting an estimated $64.8M.
- 107 institutional investors held Invesco FTSE RAFI Emerging Markets ETF (PXH) as of Q2 2020, down from 120 in Q1 2020.
- Funds reported $741M of Invesco FTSE RAFI Emerging Markets ETF stock for Q2 2020, down 3.8% quarter-over-quarter.
- 16 funds opened new Invesco FTSE RAFI Emerging Markets ETF positions in Q2 2020 and 29 closed out, a net change of -13 holders.
- The largest Invesco FTSE RAFI Emerging Markets ETF buyer in Q2 2020 was Brinker Capital Investments, an estimated $31.9M added.
- The largest Invesco FTSE RAFI Emerging Markets ETF seller in Q2 2020 was Avantax Advisory Services, an estimated $64.8M sold.
Based on aggregated 13F filings for Q2 2020.