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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.

New
Increased
Maintained
Reduced
Closed

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: 137120 (-17)

17% less funds holding in top 10

Funds holding in top 10: 65 (-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

Holders
120
Holders Change
-17
Holders Change %
-12.41%
% of All Funds
2.64%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.11%
New
11
Increased
50
Reduced
39
Closed
25
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CSIA
1
Charles Schwab Investment Advisory
California
$161M +$65.6M +3,329,641 +47%
Victory Capital Management
2
Victory Capital Management
Texas
$99.8M +$63.7M +3,233,835 +100%
AAS
3
Avantax Advisory Services
Texas
$70.3M +$1.54M +78,173 +2%
BCI
4
Brinker Capital Investments
Pennsylvania
$67.9M -$54.2M -2,750,393 -38%
TAIM
5
TD Ameritrade Investment Management
Nebraska
$57M +$899K +45,629 +1%
Invesco
6
Invesco
Georgia
$43.7M -$18.4M -931,821 -25%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$39.9M +$7.17M +363,616 +16%
Bank of America
8
Bank of America
North Carolina
$35.8M +$1.5M +76,278 +3%
WA
9
Waverly Advisors
Alabama
$26M +$5.24M +265,657 +19%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$25.1M +$9.06M +459,815 +39%
Ameriprise
11
Ameriprise
Minnesota
$22.6M -$9.56M -485,310 -25%
Morgan Stanley
12
Morgan Stanley
New York
$15.4M +$4.53M +229,864 +30%
FDCDDQ
13
Federation des caisses Desjardins du Quebec
Quebec, Canada
$10.1M +$152K +7,708 +1%
Citadel Advisors
14
Citadel Advisors
Florida
$6.67M +$4.08M +206,895 +92%
CFA
15
Carroll Financial Associates
North Carolina
$6.54M +$933K +47,337 +13%
Osaic Holdings
16
Osaic Holdings
Arizona
$6.29M +$8.04M +408,009 New
Envestnet Asset Management
17
Envestnet Asset Management
Illinois
$5.5M -$8.6M -436,638 -55%
UBS Group
18
UBS Group
Switzerland
$4.3M -$1.94M -98,634 -26%
Jane Street
19
Jane Street
New York
$3.91M +$2.74M +139,045 +121%
FWM
20
Foresight Wealth Management
Utah
$3.77M +$443K +22,461 +10%
DC
21
Derby & Company
Massachusetts
$3.72M +$4.75M +240,897 New
FM
22
Foster & Motley
Ohio
$3.44M +$1.12M +56,695 +34%
PWC
23
PYA Waltman Capital
Tennessee
$3.34M +$41.4K +2,100 +1%
CCM
24
Chilton Capital Management
Texas
$2.95M +$513K +26,052 +16%
FTUS
25
Flow Traders U.S.
New York
$2.9M +$3.27M +165,703 +735%

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.