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Invesco Dorsey Wright SmallCap Momentum ETF

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.

New
Increased
Maintained
Reduced
Closed

32% more capital invested

Capital invested by funds: $340M → $449M (+$109M)

0.3% more ownership

Funds ownership: 64.98%65.28% (+0.3%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

7% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 15

4% less funds holding

Funds holding: 8582 (-3)

15% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 27

Holders
82
Holders Change
-3
Holders Change %
-3.53%
% of All Funds
1.29%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
14
Increased
23
Reduced
27
Closed
15
Calls
$527K
Puts
Net Calls
+$527K
Net Calls Change
+$63K
Name Holding Trade Value Shares
Change
Change in
Stake
Wealth Enhancement Advisory Services
1
Wealth Enhancement Advisory Services
Minnesota
$266M +$86.9M +1,168,655 +53%
Morgan Stanley
2
Morgan Stanley
New York
$25M +$389K +5,230 +2%
LPL Financial
3
LPL Financial
California
$22.5M +$8.15M +109,537 +62%
RJA
4
Raymond James & Associates
Florida
$20.6M +$36.1K +485 +0.2%
Wells Fargo
5
Wells Fargo
California
$18.7M -$3.31M -44,483 -16%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$15.8M -$6.37M -85,641 -30%
Bank of America
7
Bank of America
North Carolina
$12.6M -$1.62M -21,720 -12%
UBS Group
8
UBS Group
Switzerland
$6.24M -$1.69M -22,761 -22%
Cambridge Investment Research Advisors
9
Cambridge Investment Research Advisors
Iowa
$4.33M +$2.48M +33,371 +155%
LWM
10
LJI Wealth Management
Indiana
$3.67M +$131K +1,763 +4%
Carson Wealth (CWM LLC)
11
Carson Wealth (CWM LLC)
Nebraska
$3.55M +$278K +3,733 +9%
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$3.49M -$2.17M -29,221 -40%
PAG
13
Private Advisor Group
New Jersey
$2.76M +$2.11M +28,299 +416%
PFS
14
Prospera Financial Services
Texas
$2.45M -$152K -2,040 -6%
Janney Montgomery Scott
15
Janney Montgomery Scott
Pennsylvania
$2.37M -$2.1M -28,253 -48%
RJFSA
16
Raymond James Financial Services Advisors
Florida
$2.33M +$14.9K +200 +0.7%
1WM
17
1900 Wealth Management
Texas
$1.91M +$221K +2,966 +14%
MCC
18
Money Concepts Capital
Florida
$1.91M +$1.8M +24,245 New
Stifel Financial
19
Stifel Financial
Missouri
$1.89M -$95.4K -1,282 -5%
PAG
20
Private Advisory Group
Washington
$1.75M +$1.66M +22,277 New
CAN
21
Cetera Advisor Networks
California
$1.72M -$59.1K -794 -3%
BIA
22
Biondo Investment Advisors
Pennsylvania
$1.64M +$44.5K +598 +3%
Truist Financial
23
Truist Financial
North Carolina
$1.43M +$1.35M +18,155 New
SG
24
Strid Group
Pennsylvania
$1.36M -$13.4K -180 -1%
Goldman Sachs
25
Goldman Sachs
New York
$1.29M -$1.93K -26 -0.2%

DWAS Hedge Fund Activity: Q2 2023 in Review

82 of the 6,369 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 32% from $340M 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 32% 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.