Invesco FTSE RAFI Emerging Markets ETF
108 hedge funds and large institutions have $868M invested in Invesco FTSE RAFI Emerging Markets ETF in 2020 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 29 increasing their positions, 36 reducing their positions, and 13 closing their positions.
85% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 13
13% more capital invested
Capital invested by funds: $766M → $868M (+$103M)
11% more funds holding
Funds holding: 97 → 108 (+11)
6.88% less ownership
Funds ownership: 78.19% → 71.31% (-6.9%)
19% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 36
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Daiwa Securities Group
Tokyo,
Japan
|
+$4.82M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.49M |
| 3 |
AC
Alexandria Capital
Arlington,
Virginia
|
+$2.24M |
| 4 |
WA
Waverly Advisors
Birmingham,
Alabama
|
+$1.32M |
| 5 |
SB
Strategic Blueprint
Atlanta,
Georgia
|
+$1.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$24.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$7.12M |
| 3 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$6.93M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$5.17M |
| 5 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$4.63M |
PXH Hedge Fund Activity: Q4 2020 in Review
108 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Emerging Markets ETF (PXH) for Q4 2020, worth a combined $868M — up 13% from $766M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new PXH positions and 13 closed out — a net gain of 11 holders — while 29 added to existing stakes and 36 trimmed.
The largest buyer was Daiwa Securities Group, adding an estimated $4.82M. The largest seller was Bank of America, cutting an estimated $24.6M.
- 108 institutional investors held Invesco FTSE RAFI Emerging Markets ETF (PXH) as of Q4 2020, up from 97 in Q3 2020.
- Funds reported $868M of Invesco FTSE RAFI Emerging Markets ETF stock for Q4 2020, up 13% quarter-over-quarter.
- 24 funds opened new Invesco FTSE RAFI Emerging Markets ETF positions in Q4 2020 and 13 closed out, a net change of +11 holders.
- The largest Invesco FTSE RAFI Emerging Markets ETF buyer in Q4 2020 was Daiwa Securities Group, an estimated $4.82M added.
- The largest Invesco FTSE RAFI Emerging Markets ETF seller in Q4 2020 was Bank of America, an estimated $24.6M sold.
Based on aggregated 13F filings for Q4 2020.