Invesco Dorsey Wright SmallCap Momentum ETF
DWAS
62 hedge funds and large institutions have $147M invested in Invesco Dorsey Wright SmallCap Momentum ETF in 2018 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 29 reducing their positions, and 13 closing their positions.
7% less funds holding
Funds holding: 67 → 62 (-5)
25.85% less ownership
Funds ownership: 81.27% → 55.42% (-26%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
48% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 29
60% less capital invested
Capital invested by funds: $369M → $147M (-$222M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$7.72M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.77M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.74M |
| 4 |
Jane Street
New York
|
+$660K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$437K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$89.2M |
| 2 |
Morgan Stanley
New York
|
-$23.6M |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$12.8M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$10M |
| 5 |
SFI
SPC Financial Inc
Rockville,
Maryland
|
-$7.97M |
DWAS Hedge Fund Activity: Q4 2018 in Review
62 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) for Q4 2018, worth a combined $147M — down 60% from $369M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of DWAS and 8 opened new positions — a net loss of 5 holders — while 29 trimmed existing stakes and 15 added.
The largest buyer was Royal Bank of Canada, adding an estimated $7.72M. The largest seller was Credit Suisse, exiting entirely with an estimated $89.2M sold.
- 62 institutional investors held Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) as of Q4 2018, down from 67 in Q3 2018.
- Funds reported $147M of Invesco Dorsey Wright SmallCap Momentum ETF stock for Q4 2018, down 60% quarter-over-quarter.
- 8 funds opened new Invesco Dorsey Wright SmallCap Momentum ETF positions in Q4 2018 and 13 closed out, a net change of -5 holders.
- The largest Invesco Dorsey Wright SmallCap Momentum ETF buyer in Q4 2018 was Royal Bank of Canada, an estimated $7.72M added.
- The largest Invesco Dorsey Wright SmallCap Momentum ETF seller in Q4 2018 was Credit Suisse, an estimated $89.2M sold.
Based on aggregated 13F filings for Q4 2018.