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Invesco Dorsey Wright SmallCap Momentum ETF

93 hedge funds and large institutions have $511M invested in Invesco Dorsey Wright SmallCap Momentum ETF in 2025 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 31 increasing their positions, 35 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4.51% less ownership

Funds ownership: 82.6%78.09% (-4.5%)

11% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 35

12% less funds holding

Funds holding: 10693 (-13)

39% less capital invested

Capital invested by funds: $831M → $511M (-$320M)

58% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 19

Holders
93
Holders Change
-13
Holders Change %
-12.26%
% of All Funds
1.25%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
8
Increased
31
Reduced
35
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wealth Enhancement Advisory Services
1
Wealth Enhancement Advisory Services
Minnesota
$328M -$195M -2,241,222 -35%
Morgan Stanley
2
Morgan Stanley
New York
$28.4M -$1.92M -21,977 -6%
Raymond James Financial
3
Raymond James Financial
Florida
$17M -$4.82M -55,286 -20%
Wells Fargo
4
Wells Fargo
California
$15.6M -$4.77M -54,697 -21%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$14.2M -$178K -2,040 -1%
LPL Financial
6
LPL Financial
California
$13.6M -$2.15M -24,619 -12%
Bank of America
7
Bank of America
North Carolina
$11.4M -$5.04M -57,838 -28%
UBS Group
8
UBS Group
Switzerland
$8.81M +$294K +3,375 +3%
Cambridge Investment Research Advisors
9
Cambridge Investment Research Advisors
Iowa
$5M -$877K -10,056 -14%
FCT
10
Family Capital Trust
Massachusetts
$4.29M +$4.59M +52,617 +2,156%
Goldman Sachs
11
Goldman Sachs
New York
$3.75M +$4.2M +48,131 New
HWM
12
HighMark Wealth Management
Minnesota
$3.69M -$29.7K -341 -0.7%
SA
13
Sanctuary Advisors
Indiana
$3.57M +$546K +6,261 +16%
AI
14
Atria Investments
North Carolina
$3.41M +$580K +6,657 +18%
Northwestern Mutual Wealth Management
15
Northwestern Mutual Wealth Management
Wisconsin
$2.84M -$4.31M -49,479 -58%
Baird Financial Group
16
Baird Financial Group
Wisconsin
$2.44M -$51.9K -595 -2%
PAG
17
Private Advisor Group
New Jersey
$2.32M -$400K -4,594 -13%
PFS
18
Prospera Financial Services
Texas
$2.24M
Janney Montgomery Scott
19
Janney Montgomery Scott
Pennsylvania
$2.12M -$112K -1,285 -5%
Carson Wealth (CWM LLC)
20
Carson Wealth (CWM LLC)
Nebraska
$2.1M -$4.31M -49,474 -65%
BIA
21
Biondo Investment Advisors
Pennsylvania
$1.9M +$39K +447 +2%
KFP
22
KMG Fiduciary Partners
Ohio
$1.84M +$247K +2,836 +14%
Stifel Financial
23
Stifel Financial
Missouri
$1.81M +$304K +3,488 +18%
Cetera Investment Advisers
24
Cetera Investment Advisers
Illinois
$1.65M +$34.5K +396 +2%
OC
25
Oppenheimer & Co
New York
$1.6M -$134K -1,541 -7%

DWAS Hedge Fund Activity: Q1 2025 in Review

93 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) for Q1 2025, worth a combined $511M — down 39% from $831M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of DWAS and 8 opened new positions — a net loss of 11 holders — while 35 trimmed existing stakes and 31 added.

The largest buyer was Family Capital Trust, adding an estimated $4.59M. The largest seller was Wealth Enhancement Advisory Services, cutting an estimated $195M.

  • 93 institutional investors held Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) as of Q1 2025, down from 106 in Q4 2024.
  • Funds reported $511M of Invesco Dorsey Wright SmallCap Momentum ETF stock for Q1 2025, down 39% quarter-over-quarter.
  • 8 funds opened new Invesco Dorsey Wright SmallCap Momentum ETF positions in Q1 2025 and 19 closed out, a net change of -11 holders.
  • The largest Invesco Dorsey Wright SmallCap Momentum ETF buyer in Q1 2025 was Family Capital Trust, an estimated $4.59M added.
  • The largest Invesco Dorsey Wright SmallCap Momentum ETF seller in Q1 2025 was Wealth Enhancement Advisory Services, an estimated $195M sold.

Based on aggregated 13F filings for Q1 2025.