Invesco Dorsey Wright SmallCap Momentum ETF
DWAS
105 hedge funds and large institutions have $304M invested in Invesco Dorsey Wright SmallCap Momentum ETF in 2026 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 32 increasing their positions, 31 reducing their positions, and 11 closing their positions.
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
24% more capital invested
Capital invested by funds: $244M → $304M (+$59.6M)
3% more funds holding
Funds holding: 102 → 105 (+3)
3% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 31
0.69% more ownership
Funds ownership: 67.24% → 67.94% (+0.69%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.92M |
| 2 |
Morgan Stanley
New York
|
+$1.91M |
| 3 |
CRI
Colonial River Investments
Midlothian,
Virginia
|
+$1.43M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.16M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$9.52M |
| 2 |
FCT
Family Capital Trust
Peabody,
Massachusetts
|
-$4.06M |
| 3 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$1.28M |
| 4 |
KFP
KMG Fiduciary Partners
Toledo,
Ohio
|
-$882K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$817K |
DWAS Hedge Fund Activity: Q2 2026 in Review
105 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) for Q2 2026, worth a combined $304M — up 24% from $244M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new DWAS positions and 11 closed out — a net gain of 5 holders — while 32 added to existing stakes and 31 trimmed.
The largest buyer was Bank of America, adding an estimated $3.92M. The largest seller was Wealth Enhancement Advisory Services, cutting an estimated $9.52M.
- 105 institutional investors held Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) as of Q2 2026, up from 102 in Q1 2026.
- Funds reported $304M of Invesco Dorsey Wright SmallCap Momentum ETF stock for Q2 2026, up 24% quarter-over-quarter.
- 16 funds opened new Invesco Dorsey Wright SmallCap Momentum ETF positions in Q2 2026 and 11 closed out, a net change of +5 holders.
- The largest Invesco Dorsey Wright SmallCap Momentum ETF buyer in Q2 2026 was Bank of America, an estimated $3.92M added.
- The largest Invesco Dorsey Wright SmallCap Momentum ETF seller in Q2 2026 was Wealth Enhancement Advisory Services, an estimated $9.52M sold.
Based on aggregated 13F filings for Q2 2026.