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Invesco Dorsey Wright SmallCap Momentum ETF

97 hedge funds and large institutions have $585M invested in Invesco Dorsey Wright SmallCap Momentum ETF in 2025 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 28 increasing their positions, 34 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 10

9% more capital invested

Capital invested by funds: $536M → $585M (+$48.9M)

3% more funds holding

Funds holding: 9497 (+3)

2.63% more ownership

Funds ownership: 79.4%82.03% (+2.6%)

18% less repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 34

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $27.6M

Holders
97
Holders Change
+3
Holders Change %
+3.19%
% of All Funds
1.27%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
14
Increased
28
Reduced
34
Closed
10
Calls
Puts
$27.6M
Net Calls
-$27.6M
Net Calls Change
-$2.19M
Name Holding Trade Value Shares
Change
Change in
Stake
Ameriprise
51
Ameriprise
Minnesota
$324K
IA
52
IFP Advisors
Florida
$322K +$5.25K +60 +2%
NA
53
NewEdge Advisors
Louisiana
$305K -$6.82K -78 -2%
GVAG
54
Great Valley Advisor Group
Delaware
$287K -$437 -5 -0.2%
BlackRock
55
BlackRock
New York
$279K
Mercer Global Advisors
56
Mercer Global Advisors
Colorado
$276K -$63.7K -729 -20%
PMG
57
ProVise Management Group
Florida
$268K +$255K +2,911 New
FFN
58
Focus Financial Network
Minnesota
$257K
SPIA
59
Steward Partners Investment Advisory
New York
$238K
National Bank of Canada
60
National Bank of Canada
Quebec, Canada
$235K
CIBC World Market
61
CIBC World Market
Ontario, Canada
$230K +$218K +2,496 New
WA
62
Waverly Advisors
Alabama
$230K +$218K +2,493 New
Mariner
63
Mariner
Kansas
$224K
QCM
64
Quantinno Capital Management
New York
$216K +$205K +2,342 New
NFG
65
Nations Financial Group
Iowa
$214K -$14K -160 -6%
MIM
66
MTM Investment Management
South Carolina
$199K -$14.4K -165 -7%
JP Morgan Chase
67
JP Morgan Chase
New York
$196K +$103K +1,182 +125%
Fidelity Investments
68
Fidelity Investments
Massachusetts
$172K +$25.9K +296 +19%
ASN
69
Advisory Services Network
Georgia
$170K +$161K +1,844 New
TRCT
70
Tower Research Capital (TRC)
New York
$164K +$156K +1,780 New
SWM
71
Spire Wealth Management
Virginia
$155K -$8.74K -100 -6%
CA
72
CoreCap Advisors
Michigan
$122K +$18K +206 +18%
FFA
73
Founders Financial Alliance
North Carolina
$98K +$93K +1,064 New
Jones Financial Companies
74
Jones Financial Companies
Missouri
$91.5K +$45.5K +520 +109%
HWM
75
Hemington Wealth Management
Virginia
$84K

DWAS Hedge Fund Activity: Q3 2025 in Review

97 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) for Q3 2025, worth a combined $585M — up 9.1% from $536M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new DWAS positions and 10 closed out — a net gain of 4 holders — while 28 added to existing stakes and 34 trimmed.

The largest buyer was Wealth Enhancement Advisory Services, adding an estimated $20.6M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $3.39M.

  • 97 institutional investors held Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) as of Q3 2025, up from 94 in Q2 2025.
  • Funds reported $585M of Invesco Dorsey Wright SmallCap Momentum ETF stock for Q3 2025, up 9.1% quarter-over-quarter.
  • 14 funds opened new Invesco Dorsey Wright SmallCap Momentum ETF positions in Q3 2025 and 10 closed out, a net change of +4 holders.
  • The largest Invesco Dorsey Wright SmallCap Momentum ETF buyer in Q3 2025 was Wealth Enhancement Advisory Services, an estimated $20.6M added.
  • The largest Invesco Dorsey Wright SmallCap Momentum ETF seller in Q3 2025 was Cambridge Investment Research Advisors, an estimated $3.39M sold.

Based on aggregated 13F filings for Q3 2025.