Invesco FTSE RAFI Emerging Markets ETF
148 hedge funds and large institutions have $977M invested in Invesco FTSE RAFI Emerging Markets ETF in 2023 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 45 increasing their positions, 51 reducing their positions, and 19 closing their positions.
5% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 19
1% less funds holding
Funds holding: 150 → 148 (-2)
8.3% less ownership
Funds ownership: 93.17% → 84.87% (-8.3%)
12% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 51
75% less capital inflows, than outflows
Capital inflows: $48.9M | Capital outflows: $192M
100% less funds holding in top 10
Funds holding in top 10: 4 → 0 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$22.8M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$8.16M |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$5.15M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.81M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$50.2M |
| 2 |
Orion Portfolio Solutions
Omaha,
Nebraska
|
-$50.2M |
| 3 |
Charles Schwab
San Francisco,
California
|
-$47.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$13.2M |
| 5 |
Charles Schwab Investment Advisory
San Francisco,
California
|
-$10.4M |
PXH Hedge Fund Activity: Q3 2023 in Review
148 of the 6,316 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Emerging Markets ETF (PXH) for Q3 2023, worth a combined $977M — down 18% from $1.19B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new PXH positions and 19 closed out — a net gain of 1 holder — while 45 added to existing stakes and 51 trimmed.
The largest buyer was Bank of New York Mellon, opening a new position worth an estimated $22.8M. The largest seller was Brinker Capital Investments, cutting an estimated $50.2M.
- 148 institutional investors held Invesco FTSE RAFI Emerging Markets ETF (PXH) as of Q3 2023, down from 150 in Q2 2023.
- Funds reported $977M of Invesco FTSE RAFI Emerging Markets ETF stock for Q3 2023, down 18% quarter-over-quarter.
- 20 funds opened new Invesco FTSE RAFI Emerging Markets ETF positions in Q3 2023 and 19 closed out, a net change of +1 holder.
- The largest Invesco FTSE RAFI Emerging Markets ETF buyer in Q3 2023 was Bank of New York Mellon, an estimated $22.8M added.
- The largest Invesco FTSE RAFI Emerging Markets ETF seller in Q3 2023 was Brinker Capital Investments, an estimated $50.2M sold.
Based on aggregated 13F filings for Q3 2023.