Invesco Dorsey Wright SmallCap Momentum ETF
DWAS
93 hedge funds and large institutions have $511M invested in Invesco Dorsey Wright SmallCap Momentum ETF in 2025 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 31 increasing their positions, 35 reducing their positions, and 19 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4.51% less ownership
Funds ownership: 82.6% → 78.09% (-4.5%)
11% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 35
12% less funds holding
Funds holding: 106 → 93 (-13)
39% less capital invested
Capital invested by funds: $831M → $511M (-$320M)
58% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCT
Family Capital Trust
Peabody,
Massachusetts
|
+$4.59M |
| 2 |
Goldman Sachs
New York
|
+$4.2M |
| 3 |
FFA
Farther Finance Advisors
San Francisco,
California
|
+$1.58M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.1M |
| 5 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$886K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$195M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$5.04M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
-$4.82M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$4.77M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$4.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RWA
101
Redhawk Wealth Advisors
Minneapolis,
Minnesota
| – | -$232K | -2,541 | Closed |
|
|
BIP
102
Blueprint Investment Partners
Greensboro,
North Carolina
| – | -$225K | -2,463 | Closed |
|
|
SW
103
Simplicity Wealth
Summit,
New Jersey
| – | -$225K | -2,463 | Closed |
|
|
GS
104
GTS Securities
New York
| – | -$217K | -2,372 | Closed |
|
|
EBA
105
Eagle Bay Advisors
New York
| – | -$186K | -2,039 | Closed |
|
|
FFA
106
Founders Financial Alliance
Raleigh,
North Carolina
| – | -$97K | -1,063 | Closed |
|
|
CFP
107
Comprehensive Financial Planning
East Petersburg,
Pennsylvania
| – | -$27K | -296 | Closed |
|
|
PTC
108
Private Trust Company
Cleveland,
Ohio
| – | -$23.2K | -254 | Closed |
|
|
PB
109
Pinnacle Bancorp
Beatrice,
Nebraska
| – | -$9.4K | -103 | Closed |
|
|
GIA
110
GHP Investment Advisors
Denver,
Colorado
| – | -$3.47K | -38 | Closed |
|
|
AF
111
Advisornet Financial
Minnetonka,
Minnesota
| – | -$3.38K | -37 | Closed |
|
|
AWM
112
Avior Wealth Management
Omaha,
Nebraska
| – | -$3.19K | -35 | Closed |
|
113
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$2.96K | -33 | Closed |
|
DWAS Hedge Fund Activity: Q1 2025 in Review
93 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) for Q1 2025, worth a combined $511M — down 39% from $831M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of DWAS and 8 opened new positions — a net loss of 11 holders — while 35 trimmed existing stakes and 31 added.
The largest buyer was Family Capital Trust, adding an estimated $4.59M. The largest seller was Wealth Enhancement Advisory Services, cutting an estimated $195M.
- 93 institutional investors held Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) as of Q1 2025, down from 106 in Q4 2024.
- Funds reported $511M of Invesco Dorsey Wright SmallCap Momentum ETF stock for Q1 2025, down 39% quarter-over-quarter.
- 8 funds opened new Invesco Dorsey Wright SmallCap Momentum ETF positions in Q1 2025 and 19 closed out, a net change of -11 holders.
- The largest Invesco Dorsey Wright SmallCap Momentum ETF buyer in Q1 2025 was Family Capital Trust, an estimated $4.59M added.
- The largest Invesco Dorsey Wright SmallCap Momentum ETF seller in Q1 2025 was Wealth Enhancement Advisory Services, an estimated $195M sold.
Based on aggregated 13F filings for Q1 2025.