Invesco FTSE RAFI Emerging Markets ETF
225 hedge funds and large institutions have $1.47B invested in Invesco FTSE RAFI Emerging Markets ETF in 2026 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 91 increasing their positions, 50 reducing their positions, and 11 closing their positions.
182% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 11
82% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 50
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
7% more funds holding
Funds holding: 210 → 225 (+15)
2.97% less ownership
Funds ownership: 82.67% → 79.7% (-3%)
23% less capital inflows, than outflows
Capital inflows: $104M | Capital outflows: $135M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$23.3M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$9.77M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$8.59M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$7.81M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$7.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
-$78.7M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
-$13.1M |
| 3 |
Charles Schwab
San Francisco,
California
|
-$11M |
| 4 |
LPL Financial
San Diego,
California
|
-$7.69M |
| 5 |
Axxcess Wealth Management
Carlsbad,
California
|
-$4.99M |
PXH Hedge Fund Activity: Q1 2026 in Review
225 of the 8,210 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Emerging Markets ETF (PXH) for Q1 2026, worth a combined $1.47B — up 1.6% from $1.44B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new PXH positions and 11 closed out — a net gain of 20 holders — while 91 added to existing stakes and 50 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $23.3M. The largest seller was Itau Unibanco Holding S.A., exiting entirely with an estimated $78.7M sold.
- 225 institutional investors held Invesco FTSE RAFI Emerging Markets ETF (PXH) as of Q1 2026, up from 210 in Q4 2025.
- Funds reported $1.47B of Invesco FTSE RAFI Emerging Markets ETF stock for Q1 2026, up 1.6% quarter-over-quarter.
- 31 funds opened new Invesco FTSE RAFI Emerging Markets ETF positions in Q1 2026 and 11 closed out, a net change of +20 holders.
- The largest Invesco FTSE RAFI Emerging Markets ETF buyer in Q1 2026 was Morgan Stanley, an estimated $23.3M added.
- The largest Invesco FTSE RAFI Emerging Markets ETF seller in Q1 2026 was Itau Unibanco Holding S.A., an estimated $78.7M sold.
Based on aggregated 13F filings for Q1 2026.