Invesco Dorsey Wright SmallCap Momentum ETF
DWAS
91 hedge funds and large institutions have $740M invested in Invesco Dorsey Wright SmallCap Momentum ETF in 2024 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 35 increasing their positions, 21 reducing their positions, and 12 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 21
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
23% more capital invested
Capital invested by funds: $603M → $740M (+$138M)
5% more funds holding
Funds holding: 87 → 91 (+4)
0.3% less ownership
Funds ownership: 80.32% → 80.02% (-0.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$40.2M |
| 2 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
+$17.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$10.5M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$2.77M |
| 5 |
Morgan Stanley
New York
|
+$2.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$2.09M |
| 2 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$1.42M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$864K |
| 4 |
Two Sigma Investments
New York
|
-$536K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$524K |
DWAS Hedge Fund Activity: Q1 2024 in Review
91 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) for Q1 2024, worth a combined $740M — up 23% from $603M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new DWAS positions and 12 closed out — a net gain of 5 holders — while 35 added to existing stakes and 21 trimmed.
The largest buyer was Wealth Enhancement Advisory Services, adding an estimated $40.2M. The largest seller was Private Advisory Group, exiting entirely with an estimated $2.09M sold.
- 91 institutional investors held Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) as of Q1 2024, up from 87 in Q4 2023.
- Funds reported $740M of Invesco Dorsey Wright SmallCap Momentum ETF stock for Q1 2024, up 23% quarter-over-quarter.
- 17 funds opened new Invesco Dorsey Wright SmallCap Momentum ETF positions in Q1 2024 and 12 closed out, a net change of +5 holders.
- The largest Invesco Dorsey Wright SmallCap Momentum ETF buyer in Q1 2024 was Wealth Enhancement Advisory Services, an estimated $40.2M added.
- The largest Invesco Dorsey Wright SmallCap Momentum ETF seller in Q1 2024 was Private Advisory Group, an estimated $2.09M sold.
Based on aggregated 13F filings for Q1 2024.