Invesco Dorsey Wright SmallCap Momentum ETF
DWAS
42 hedge funds and large institutions have $84M invested in Invesco Dorsey Wright SmallCap Momentum ETF in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 25 reducing their positions, and 18 closing their positions.
10.79% less ownership
Funds ownership: 57.1% → 46.32% (-11%)
25% less funds holding
Funds holding: 56 → 42 (-14)
64% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 25
65% less capital invested
Capital invested by funds: $242M → $84M (-$158M)
78% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 18
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$861K |
| 2 |
Jane Street
New York
|
+$817K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$535K |
| 4 |
SHA
Smith Hayes Advisers
Lincoln,
Nebraska
|
+$201K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$149K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$26.3M |
| 2 |
Morgan Stanley
New York
|
-$25.6M |
| 3 |
LPL Financial
San Diego,
California
|
-$15.3M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$12.2M |
| 5 |
HF
Hoxton Financial
Shepherdstown,
West Virginia
|
-$10.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
US Bancorp
Minneapolis,
Minnesota
| – | -$509K | -13,530 | Closed |
|
|
TFA
52
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$456K | -12,107 | Closed |
|
|
SPC
53
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$328K | -8,732 | Closed |
|
|
JIP
54
Jaffetilchin Investment Partners
Tampa,
Florida
| – | -$323K | -8,584 | Closed |
|
|
VFS
55
VSR Financial Services
Overland Park,
Kansas
| – | -$302K | -8,040 | Closed |
|
|
AIM
56
Aspen Investment Management
Grand Rapids,
Michigan
| – | -$300K | -7,984 | Closed |
|
|
PAG
57
Private Advisor Group
Morristown,
New Jersey
| – | -$261K | -6,945 | Closed |
|
58
Envestnet Asset Management
Chicago,
Illinois
| – | -$222K | -5,892 | Closed |
|
|
BFEC
59
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$101K | -2,696 | Closed |
|
DWAS Hedge Fund Activity: Q1 2016 in Review
42 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) for Q1 2016, worth a combined $84M — down 65% from $242M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of DWAS and 4 opened new positions — a net loss of 14 holders — while 25 trimmed existing stakes and 9 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $861K. The largest seller was Wells Fargo, cutting an estimated $26.3M.
- 42 institutional investors held Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) as of Q1 2016, down from 56 in Q4 2015.
- Funds reported $84M of Invesco Dorsey Wright SmallCap Momentum ETF stock for Q1 2016, down 65% quarter-over-quarter.
- 4 funds opened new Invesco Dorsey Wright SmallCap Momentum ETF positions in Q1 2016 and 18 closed out, a net change of -14 holders.
- The largest Invesco Dorsey Wright SmallCap Momentum ETF buyer in Q1 2016 was Millennium Management, an estimated $861K added.
- The largest Invesco Dorsey Wright SmallCap Momentum ETF seller in Q1 2016 was Wells Fargo, an estimated $26.3M sold.
Based on aggregated 13F filings for Q1 2016.