Invesco Dorsey Wright SmallCap Momentum ETF
DWAS
82 hedge funds and large institutions have $449M invested in Invesco Dorsey Wright SmallCap Momentum ETF in 2023 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 23 increasing their positions, 27 reducing their positions, and 15 closing their positions.
31% more capital invested
Capital invested by funds: $342M → $449M (+$107M)
0.3% more ownership
Funds ownership: 64.98% → 65.28% (+0.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 15
4% less funds holding
Funds holding: 85 → 82 (-3)
15% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$86.9M |
| 2 |
LPL Financial
San Diego,
California
|
+$8.15M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$2.48M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$2.11M |
| 5 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
+$1.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.37M |
| 2 |
DSCM
Del-Sette Capital Management
Schenectady,
New York
|
-$5.47M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$3.31M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.17M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$2.1M |
DWAS Hedge Fund Activity: Q2 2023 in Review
82 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) for Q2 2023, worth a combined $449M — up 31% from $342M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of DWAS and 14 opened new positions — a net loss of 1 holder — while 27 trimmed existing stakes and 23 added.
The largest buyer was Wealth Enhancement Advisory Services, adding an estimated $86.9M. The largest seller was Royal Bank of Canada, cutting an estimated $6.37M.
- 82 institutional investors held Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) as of Q2 2023, down from 85 in Q1 2023.
- Funds reported $449M of Invesco Dorsey Wright SmallCap Momentum ETF stock for Q2 2023, up 31% quarter-over-quarter.
- 14 funds opened new Invesco Dorsey Wright SmallCap Momentum ETF positions in Q2 2023 and 15 closed out, a net change of -1 holder.
- The largest Invesco Dorsey Wright SmallCap Momentum ETF buyer in Q2 2023 was Wealth Enhancement Advisory Services, an estimated $86.9M added.
- The largest Invesco Dorsey Wright SmallCap Momentum ETF seller in Q2 2023 was Royal Bank of Canada, an estimated $6.37M sold.
Based on aggregated 13F filings for Q2 2023.