Invesco FTSE RAFI Emerging Markets ETF
120 hedge funds and large institutions have $770M invested in Invesco FTSE RAFI Emerging Markets ETF in 2020 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 50 increasing their positions, 39 reducing their positions, and 25 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 39
6.5% more ownership
Funds ownership: 74.64% → 81.14% (+6.5%)
12% less funds holding
Funds holding: 137 → 120 (-17)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
27% less capital invested
Capital invested by funds: $1.05B → $770M (-$281M)
56% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$65.6M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$63.7M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$9.06M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.17M |
| 5 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
+$5.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$54.2M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$18.4M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$9.56M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$8.64M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$8.6M |
PXH Hedge Fund Activity: Q1 2020 in Review
120 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Emerging Markets ETF (PXH) for Q1 2020, worth a combined $770M — down 27% from $1.05B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of PXH and 11 opened new positions — a net loss of 14 holders — while 39 trimmed existing stakes and 50 added.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $65.6M. The largest seller was Brinker Capital Investments, cutting an estimated $54.2M.
- 120 institutional investors held Invesco FTSE RAFI Emerging Markets ETF (PXH) as of Q1 2020, down from 137 in Q4 2019.
- Funds reported $770M of Invesco FTSE RAFI Emerging Markets ETF stock for Q1 2020, down 27% quarter-over-quarter.
- 11 funds opened new Invesco FTSE RAFI Emerging Markets ETF positions in Q1 2020 and 25 closed out, a net change of -14 holders.
- The largest Invesco FTSE RAFI Emerging Markets ETF buyer in Q1 2020 was Charles Schwab Investment Advisory, an estimated $65.6M added.
- The largest Invesco FTSE RAFI Emerging Markets ETF seller in Q1 2020 was Brinker Capital Investments, an estimated $54.2M sold.
Based on aggregated 13F filings for Q1 2020.