Invesco Dorsey Wright SmallCap Momentum ETF
DWAS
48 hedge funds and large institutions have $81M invested in Invesco Dorsey Wright SmallCap Momentum ETF in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 22 reducing their positions, and 18 closing their positions.
4.58% less ownership
Funds ownership: 56.17% → 51.59% (-4.6%)
23% less funds holding
Funds holding: 62 → 48 (-14)
43% less capital invested
Capital invested by funds: $143M → $81M (-$61.7M)
45% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 22
67% less first-time investments, than exits
New positions opened: 6 | 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 |
Citadel Advisors
Miami,
Florida
|
+$3.99M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.89M |
| 3 |
LPL Financial
San Diego,
California
|
+$2.25M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.21M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFI
SPC Financial Inc
Rockville,
Maryland
|
-$9.61M |
| 2 |
Morgan Stanley
New York
|
-$7.74M |
| 3 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$5.78M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.79M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.93M |
DWAS Hedge Fund Activity: Q1 2020 in Review
48 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) for Q1 2020, worth a combined $81M — down 43% from $143M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of DWAS and 6 opened new positions — a net loss of 12 holders — while 22 trimmed existing stakes and 12 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $3.99M. The largest seller was SPC Financial Inc, exiting entirely with an estimated $9.61M sold.
- 48 institutional investors held Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) as of Q1 2020, down from 62 in Q4 2019.
- Funds reported $81M of Invesco Dorsey Wright SmallCap Momentum ETF stock for Q1 2020, down 43% quarter-over-quarter.
- 6 funds opened new Invesco Dorsey Wright SmallCap Momentum ETF positions in Q1 2020 and 18 closed out, a net change of -12 holders.
- The largest Invesco Dorsey Wright SmallCap Momentum ETF buyer in Q1 2020 was Citadel Advisors, an estimated $3.99M added.
- The largest Invesco Dorsey Wright SmallCap Momentum ETF seller in Q1 2020 was SPC Financial Inc, an estimated $9.61M sold.
Based on aggregated 13F filings for Q1 2020.