Invesco Dorsey Wright SmallCap Momentum ETF
DWAS
77 hedge funds and large institutions have $293M invested in Invesco Dorsey Wright SmallCap Momentum ETF in 2021 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 30 increasing their positions, 15 reducing their positions, and 10 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 15
90% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 10
34% more capital invested
Capital invested by funds: $219M → $293M (+$74.6M)
13% more funds holding
Funds holding: 68 → 77 (+9)
14.78% less ownership
Funds ownership: 60.24% → 45.46% (-15%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$15.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$9.78M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$6.15M |
| 4 |
LPL Financial
San Diego,
California
|
+$4.87M |
| 5 |
IWA
IBEX Wealth Advisors
Bedminster,
New Jersey
|
+$3.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Synergy Asset Management
Vancouver,
Washington
|
-$7.86M |
| 2 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$5.67M |
| 3 |
BFG
Berger Financial Group
Plymouth,
Minnesota
|
-$2.26M |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$1.73M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$704K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
76
Montag & Associates
Atlanta,
Georgia
| $1K | +$859 | +10 | New |
|
|
BFG
77
Berger Financial Group
Plymouth,
Minnesota
| – | -$2.26M | -29,959 | Closed |
|
|
SPC
78
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$1.73M | -22,939 | Closed |
|
79
CIBC World Market
Toronto,
Ontario, Canada
| – | -$545K | -7,244 | Closed |
|
|
CF
80
Centaurus Financial
Anaheim,
California
| – | -$535K | -7,108 | Closed |
|
|
BAM
81
Belpointe Asset Management
Reno,
Nevada
| – | -$387K | -5,141 | Closed |
|
82
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$290K | -3,600 | Closed |
|
|
RWA
83
Redhawk Wealth Advisors
Minneapolis,
Minnesota
| – | -$259K | -3,434 | Closed |
|
|
TWM
84
Tradition Wealth Management
Edina,
Minnesota
| – | -$22K | -298 | Closed |
|
85
Bessemer Group
Woodbridge,
New Jersey
| – | -$5K | -67 | Closed |
|
|
GFPC
86
Global Financial Private Client
Sarasota,
Florida
| – | -$2.41K | -32 | Closed |
|
DWAS Hedge Fund Activity: Q1 2021 in Review
77 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) for Q1 2021, worth a combined $293M — up 34% from $219M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new DWAS positions and 10 closed out — a net gain of 9 holders — while 30 added to existing stakes and 15 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $15.7M. The largest seller was Synergy Asset Management, cutting an estimated $7.86M.
- 77 institutional investors held Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) as of Q1 2021, up from 68 in Q4 2020.
- Funds reported $293M of Invesco Dorsey Wright SmallCap Momentum ETF stock for Q1 2021, up 34% quarter-over-quarter.
- 19 funds opened new Invesco Dorsey Wright SmallCap Momentum ETF positions in Q1 2021 and 10 closed out, a net change of +9 holders.
- The largest Invesco Dorsey Wright SmallCap Momentum ETF buyer in Q1 2021 was Morgan Stanley, an estimated $15.7M added.
- The largest Invesco Dorsey Wright SmallCap Momentum ETF seller in Q1 2021 was Synergy Asset Management, an estimated $7.86M sold.
Based on aggregated 13F filings for Q1 2021.