Invesco FTSE RAFI Emerging Markets

PXH • ARCA

Invesco FTSE RAFI Emerging Markets is an exchange-traded fund on ARCA. As of Q3 2025, 198 institutional investors hold shares in this ETF, with total holdings valued at $1.3B. SCHWAB CHARLES INVESTMENT MANAGEMENT INC is the largest holder with a position valued at $611.9M.

Overview

Overview of institutional ownership in PXH as of Q3 2025

All Institutions

Institutions: 198
Value Held: $1.3B
Shares Held: 52.9M
Avg Position: $6.8M
Median Position: $311.0K

Hedge Funds

Hedge Funds: 3
Value Held: $2.4M
Shares Held: 95.1K
Avg Position: $805.4K
Median Position: $674.6K

Biggest Investors

Institutions with the largest positions in PXH as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$611.9M 0.10% of portfolio	24.1M shares	Q2 2024 Held for 1y 5m	$620.51B
FMR LLC Institution	-	$77.1M 0.00% of portfolio	3.0M shares	Q1 2019 Held for 6y 8m	$1.92T
I Itau Unibanco Holding S.A. Institution	-	$74.4M 2.53% of portfolio	2.9M shares	Q2 2025 Held for 5 months	$2.9B
AMERIPRISE FINANCIAL INC Institution	Jim Cracchiolo CEO	$65.5M 0.02% of portfolio	2.6M shares	≤ Q2 2013 Held for 12y 5m+	$433.11B
WELLS FARGO & COMPANY/MN Institution	Charles W. Scharf CEO	$48.3M 0.01% of portfolio	1.9M shares	≤ Q2 2013 Held for 12y 5m+	$488.50B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$47.1M 0.00% of portfolio	1.9M shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	David Craig Brown CEO	$41.4M 0.03% of portfolio	1.6M shares	Q3 2019 Held for 6y 2m	$158.22B
D Daiwa Securities Group Inc. Institution	-	$33.9M 0.12% of portfolio	1.3M shares	≤ Q2 2013 Held for 12y 5m+	$28.7B
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$33.2M 0.01% of portfolio	1.3M shares	≤ Q2 2013 Held for 12y 5m+	$633.08B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$26.9M 0.00% of portfolio	1.1M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T

Net Capital Flow

Institutional buying and selling activity for PXH in Q3 2025

Traded: +$33.4M
Buyers: 104
Sellers: 64
Total Bought: +$79.8M
Total Sold: −$46.5M
Avg Position: $6.4M

Biggest Buyers

Institution	Net Bought	Current Position
WELLS FARGO & COMPANY/MN Institution	+$30.2M +1.2M shares	$48.3M 1.9M shares
D Daiwa Securities Group Inc. Institution	+$10.2M +400.0K shares	$33.9M 1.3M shares
AMERIPRISE FINANCIAL INC Institution	+$5.8M +226.4K shares	$65.5M 2.6M shares
Axiom Financial Strategies, LLC RIA/Wealth	+$3.8M +148.7K shares	$3.8M 148.7K shares
FMR LLC Institution	+$3.5M +139.5K shares	$77.1M 3.0M shares
Virtus Family Office LLC Family Office	+$2.9M +115.0K shares	$6.5M 255.0K shares
Financial Management Professionals, Inc. RIA/Wealth	+$2.3M +91.0K shares	$2.3M 91.0K shares
Integrated Wealth Concepts LLC RIA/Wealth	+$2.2M +86.9K shares	$2.2M 86.9K shares
MAI Wealth Advisors RIA/Wealth	+$1.9M +76.7K shares	$2.0M 80.0K shares
Cetera Investment Advisers RIA/Wealth	+$1.9M +74.6K shares	$2.3M 90.2K shares

Biggest Sellers

Institution	Net Sold	Current Position
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	−$26.0M −1.0M shares	$611.9M 24.1M shares
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	−$3.7M −146.8K shares	$41.4M 1.6M shares
BANK OF AMERICA CORP /DE/ Institution	−$3.4M −133.2K shares	$47.1M 1.9M shares
F FIDUCIARY TRUST CO Institution	−$2.6M −102.5K shares	$519.0K 20.4K shares
A Advisor Group Holdings, Inc. Institution	−$2.5M −100.5K shares	$15.7M 643.0K shares
J JANE STREET GROUP, LLC Institution	−$1.8M −75.6K shares	Sold Off 0 shares
CAPTRUST FINANCIAL ADVISORS RIA/Wealth	−$1.4M −54.9K shares	$10.2M 402.7K shares
Invesco Ltd. ETF Provider	−$1.3M −51.3K shares	$33.2M 1.3M shares
L LPL Financial LLC Institution	−$522.5K −20.6K shares	$25.5M 1.0M shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	−$501.9K −19.7K shares	$2.2M 85.5K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited PXH in Q3 2025

New Positions: 21
New Value: $10.2M
Exited Positions: 13
Exited Value: $2.2M

New Positions

Institution	Position Value
Axiom Financial Strategies, LLC RIA/Wealth	$3.8M 148.7K shares
Integrated Wealth Concepts LLC RIA/Wealth	$2.2M 86.9K shares
T TrueMark Investments, LLC Institution	$1.4M 54.2K shares
Quantinno Capital Management LP Hedge Fund•Market Neutral	$674.6K 26.5K shares
Rollins Financial Advisors, LLC RIA/Wealth	$477.4K 18.8K shares
Apeiron RIA LLC RIA/Wealth	$448.4K 17.9K shares
Redwood Financial Network Corp RIA/Wealth	$232.7K 9.2K shares
Capital Investment Advisors, LLC RIA/Wealth	$228.4K 9.0K shares
Vishria Bird Financial Group, LLC RIA/Wealth	$206.6K 8.1K shares
KCM INVESTMENT ADVISORS LLC RIA/Wealth	$203.4K 8.0K shares

Exited Positions

Institution	Previous Position
J JANE STREET GROUP, LLC Institution	$1.8M 75.6K shares
E EVERGREEN CAPITAL MANAGEMENT LLC Institution	$327.0K 14.0K shares
NorthRock Partners, LLC RIA/Wealth	$49.0K 2.1K shares
Ameritas Advisory Services, LLC RIA/Wealth	$47.1K 2.0K shares
MorganRosel Wealth Management, LLC RIA/Wealth	$17.5K 748.0 shares
TOTH FINANCIAL ADVISORY CORP RIA/Wealth	$10.9K 465.0 shares
Abound Wealth Management RIA/Wealth	$3.6K 154.0 shares
Sound Income Strategies, LLC RIA/Wealth	$3.4K 144.0 shares
Transce3nd, LLC RIA/Wealth	$842.0 36.0 shares
PNC FINANCIAL SERVICES GROUP, INC. Institution	$47.0 2.0 shares

Options Activity

Institutions with the largest Call and Put options positions in PXH as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with PXH as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Virtus Family Office LLC Family Office	Norma Angelica Peralta Morales CCO	6.09% $6.5M	255.0K shares	Q2 2025 Held for 5 months	$106.4M
Johnson & White Wealth Management, LLC RIA/Wealth	Timothy Paul White CCO	3.20% $7.0M	275.0K shares	Q3 2022 Held for 3y 2m	$218.3M
I Itau Unibanco Holding S.A. Institution	-	2.53% $74.4M	2.9M shares	Q2 2025 Held for 5 months	$2.9B
ONE + ONE WEALTH MANAGEMENT, LLC RIA/Wealth	Keith Anthony Dubauskas Managing Partner	2.35% $4.6M	182.5K shares	Q1 2021 Held for 4y 8m	$197.3M
Axiom Financial Strategies, LLC RIA/Wealth	David Vaughan Scott CEO	1.63% $3.8M	148.7K shares	Q3 2025 Held for 2 months	$232.1M
Aries Wealth Management RIA/Wealth	Jason Gregory Viola Managing Partner	1.23% $5.2M	204.3K shares	Q2 2021 Held for 4y 5m	$422.4M
CUSTOM INDEX SYSTEMS, LLC RIA/Wealth	Sidney Wilbert Vanloh CEO	1.08% $3.6M	143.4K shares	Q1 2025 Held for 8 months	$337.3M
A Atlas Legacy Advisors, LLC RIA/Wealth	Marc M Rosenbach Founder	0.99% $5.1M	201.3K shares	Q4 2024 Held for 11 months	$517.9M
T TORON CAPITAL MARKETS INC. Long Only Manager	Henry Perren Chairman	0.84% $14.6M	573.5K shares	Q3 2018 Held for 7y 2m	$1.7B
Trademark Financial Management, LLC RIA/Wealth	Mark Anbuhl Carlton Managing Partner	0.61% $1.0M	41.2K shares	Q3 2024 Held for 1y 2m	$171.4M

Hedge Fund Spotlight

Discover hedge funds investing in PXH

RIVERNORTH CAPITAL MANAGEMENT, LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerPatrick William Galley

Portfolio Value: $1.7B
Positions: 297
Last Reported: Q3 2025

Sector Allocation

Position in Invesco FTSE RAFI Emerging Markets

Market Value: $1.4M
Shares Held: 54.2K
Portfolio Weight: 0.08%
Owned Since: 2013-Q2

Top Holding	Sector	Market Value	Weight
1 Blackrock Muniholdings Fund MHD	Unknown Unknown	$48.7M	2.95%
2 Blackrock Muniyield Fund MYD	Unknown Unknown	$48.3M	2.92%
3 Invesco Municipal Trust VKQ	Unknown Unknown	$42.3M	2.56%