Invesco FTSE RAFI Emerging Markets ETF
85 hedge funds and large institutions have $669M invested in Invesco FTSE RAFI Emerging Markets ETF in 2018 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 33 increasing their positions, 19 reducing their positions, and 19 closing their positions.
74% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 19
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
5% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 19
2% less funds holding
Funds holding: 87 → 85 (-2)
8.09% less ownership
Funds ownership: 72.69% → 64.6% (-8.1%)
42% less capital inflows, than outflows
Capital inflows: $104M | Capital outflows: $178M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab Investment Advisory
San Francisco,
California
|
+$33.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$16.4M |
| 3 |
Credit Suisse
Zurich,
Switzerland
|
+$11.4M |
| 4 |
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$8.98M |
| 5 |
Chessman Wealth Strategies RIA
Dallas,
Texas
|
+$7.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
United Services Automobile Association
San Antonio,
Texas
|
-$127M |
| 2 |
Raymond James & Associates
St Petersburg,
Florida
|
-$10.2M |
| 3 |
Morgan Stanley
New York
|
-$6.89M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$6.72M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$5.28M |
PXH Hedge Fund Activity: Q2 2018 in Review
85 of the 4,386 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Emerging Markets ETF (PXH) for Q2 2018, worth a combined $669M — down 19% from $830M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of PXH and 18 opened new positions — a net loss of 1 holder — while 19 trimmed existing stakes and 33 added.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $33.1M. The largest seller was United Services Automobile Association, exiting entirely with an estimated $127M sold.
- 85 institutional investors held Invesco FTSE RAFI Emerging Markets ETF (PXH) as of Q2 2018, down from 87 in Q1 2018.
- Funds reported $669M of Invesco FTSE RAFI Emerging Markets ETF stock for Q2 2018, down 19% quarter-over-quarter.
- 18 funds opened new Invesco FTSE RAFI Emerging Markets ETF positions in Q2 2018 and 19 closed out, a net change of -1 holder.
- The largest Invesco FTSE RAFI Emerging Markets ETF buyer in Q2 2018 was Charles Schwab Investment Advisory, an estimated $33.1M added.
- The largest Invesco FTSE RAFI Emerging Markets ETF seller in Q2 2018 was United Services Automobile Association, an estimated $127M sold.
Based on aggregated 13F filings for Q2 2018.