Invesco Dorsey Wright SmallCap Momentum ETF
DWAS
80 hedge funds and large institutions have $216M invested in Invesco Dorsey Wright SmallCap Momentum ETF in 2022 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 21 increasing their positions, 34 reducing their positions, and 19 closing their positions.
7.96% less ownership
Funds ownership: 59.42% → 51.45% (-8%)
16% less funds holding
Funds holding: 95 → 80 (-15)
27% less capital invested
Capital invested by funds: $295M → $216M (-$79.3M)
38% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 34
68% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Win Advisors
Palm Beach Gardens,
Florida
|
+$18M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$1.25M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$891K |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$793K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$758K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$27.5M |
| 2 |
Morgan Stanley
New York
|
-$11.4M |
| 3 |
LPL Financial
San Diego,
California
|
-$6.52M |
| 4 |
MWM
MorganRosel Wealth Management
Highlands Ranch,
Colorado
|
-$5.48M |
| 5 |
IWA
IBEX Wealth Advisors
Bedminster,
New Jersey
|
-$4.25M |
DWAS Hedge Fund Activity: Q1 2022 in Review
80 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) for Q1 2022, worth a combined $216M — down 27% from $295M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of DWAS and 6 opened new positions — a net loss of 13 holders — while 34 trimmed existing stakes and 21 added.
The largest buyer was Win Advisors, adding an estimated $18M. The largest seller was Bank of America, cutting an estimated $27.5M.
- 80 institutional investors held Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) as of Q1 2022, down from 95 in Q4 2021.
- Funds reported $216M of Invesco Dorsey Wright SmallCap Momentum ETF stock for Q1 2022, down 27% quarter-over-quarter.
- 6 funds opened new Invesco Dorsey Wright SmallCap Momentum ETF positions in Q1 2022 and 19 closed out, a net change of -13 holders.
- The largest Invesco Dorsey Wright SmallCap Momentum ETF buyer in Q1 2022 was Win Advisors, an estimated $18M added.
- The largest Invesco Dorsey Wright SmallCap Momentum ETF seller in Q1 2022 was Bank of America, an estimated $27.5M sold.
Based on aggregated 13F filings for Q1 2022.