Invesco Dorsey Wright SmallCap Momentum ETF
DWAS
82 hedge funds and large institutions have $540M invested in Invesco Dorsey Wright SmallCap Momentum ETF in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 32 increasing their positions, 26 reducing their positions, and 8 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 26
20% more capital invested
Capital invested by funds: $449M → $540M (+$90.2M)
14.63% more ownership
Funds ownership: 65.28% → 79.91% (+15%)
0% more funds holding
Funds holding: 82 → 82 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$119M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.03M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.06M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$1.04M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$960K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.52M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
-$1.43M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.07M |
| 4 |
Two Sigma Investments
New York
|
-$1,000K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$826K |
DWAS Hedge Fund Activity: Q3 2023 in Review
82 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) for Q3 2023, worth a combined $540M — up 20% from $449M a quarter earlier.
Fund positioning in DWAS was balanced in Q3 2023: 8 funds opened new positions, 8 closed out, 32 added to existing stakes and 26 trimmed.
The largest buyer was Wealth Enhancement Advisory Services, adding an estimated $119M. The largest seller was Morgan Stanley, cutting an estimated $1.52M.
- 82 institutional investors held Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) as of Q3 2023, unchanged from Q2 2023.
- Funds reported $540M of Invesco Dorsey Wright SmallCap Momentum ETF stock for Q3 2023, up 20% quarter-over-quarter.
- 8 funds opened new Invesco Dorsey Wright SmallCap Momentum ETF positions in Q3 2023 and 8 closed out, a net change of 0 holders.
- The largest Invesco Dorsey Wright SmallCap Momentum ETF buyer in Q3 2023 was Wealth Enhancement Advisory Services, an estimated $119M added.
- The largest Invesco Dorsey Wright SmallCap Momentum ETF seller in Q3 2023 was Morgan Stanley, an estimated $1.52M sold.
Based on aggregated 13F filings for Q3 2023.