Invesco Dorsey Wright SmallCap Momentum ETF
DWAS
91 hedge funds and large institutions have $740M invested in Invesco Dorsey Wright SmallCap Momentum ETF in 2024 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 34 increasing their positions, 22 reducing their positions, and 12 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 22
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
18% more capital invested
Capital invested by funds: $630M → $740M (+$110M)
5% more funds holding
Funds holding: 87 → 91 (+4)
3.9% less ownership
Funds ownership: 83.92% → 80.02% (-3.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$40.2M |
| 2 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
+$17.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$10.5M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$2.77M |
| 5 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$2.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$25.4M |
| 2 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$2.09M |
| 3 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$1.42M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$864K |
| 5 |
Two Sigma Investments
New York
|
-$536K |
DWAS Hedge Fund Activity: Q1 2024 in Review
91 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) for Q1 2024, worth a combined $740M — up 18% from $630M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new DWAS positions and 12 closed out — a net gain of 5 holders — while 34 added to existing stakes and 22 trimmed.
The largest buyer was Wealth Enhancement Advisory Services, adding an estimated $40.2M. The largest seller was Morgan Stanley, cutting an estimated $25.4M.
- 91 institutional investors held Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) as of Q1 2024, up from 87 in Q4 2023.
- Funds reported $740M of Invesco Dorsey Wright SmallCap Momentum ETF stock for Q1 2024, up 18% quarter-over-quarter.
- 17 funds opened new Invesco Dorsey Wright SmallCap Momentum ETF positions in Q1 2024 and 12 closed out, a net change of +5 holders.
- The largest Invesco Dorsey Wright SmallCap Momentum ETF buyer in Q1 2024 was Wealth Enhancement Advisory Services, an estimated $40.2M added.
- The largest Invesco Dorsey Wright SmallCap Momentum ETF seller in Q1 2024 was Morgan Stanley, an estimated $25.4M sold.
Based on aggregated 13F filings for Q1 2024.