Invesco Dorsey Wright Financial Momentum ETF
38 hedge funds and large institutions have $79.2M invested in Invesco Dorsey Wright Financial Momentum ETF in 2016 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 2 closing their positions.
850% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 2
529% more capital invested
Capital invested by funds: $12.6M → $79.2M (+$66.6M)
81% more funds holding
Funds holding: 21 → 38 (+17)
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
35.14% more ownership
Funds ownership: 45.6% → 80.74% (+35%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$38.2M |
| 2 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$11.3M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$2.9M |
| 4 |
Morgan Stanley
New York
|
+$2.77M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$787K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$749K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$529K |
| 4 |
Jane Street
New York
|
-$313K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$63.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ADL
26
Asset Dedication LLC
San Francisco,
California
| $183K | – | – | – |
|
|
AG
27
Advisor Group
Phoenix,
Arizona
| $175K | +$171K | +5,684 | New |
|
28
JP Morgan Chase
New York
| $157K | +$154K | +5,120 | New |
|
|
AIM
29
Advantage Investment Management
Cedar Rapids,
Iowa
| $142K | +$139K | +4,634 | New |
|
|
GT
30
Glenmede Trust
Philadelphia,
Pennsylvania
| $65K | – | – | – |
|
31
Wells Fargo
San Francisco,
California
| $62K | – | – | – |
|
|
NFG
32
Next Financial Group
Houston,
Texas
| $57K | – | – | – |
|
|
BIG
33
Bellwether Investment Group
Chattanooga,
Tennessee
| $23K | +$22.8K | +760 | New |
|
34
Bank of Montreal
Toronto,
Ontario, Canada
| $9K | +$3.25K | +108 | +60% |
|
35
Citigroup
New York
| $8K | -$7.51K | -250 | -50% |
|
|
IA
36
IFP Advisors
Tampa,
Florida
| $6K | +$6.01K | +200 | New |
|
37
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $4K | +$3.64K | +121 | New |
|
|
38
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$787K | -25,607 | Closed |
|
|
39
Citadel Advisors
Miami,
Florida
| – | -$529K | -17,215 | Closed |
|
PFI Hedge Fund Activity: Q4 2016 in Review
38 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Financial Momentum ETF (PFI) for Q4 2016, worth a combined $79.2M — up 529% from $12.6M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new PFI positions and 2 closed out — a net gain of 17 holders — while 9 added to existing stakes and 5 trimmed.
The largest buyer was Invesco, opening a new position worth an estimated $38.2M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $787K sold.
- 38 institutional investors held Invesco Dorsey Wright Financial Momentum ETF (PFI) as of Q4 2016, up from 21 in Q3 2016.
- Funds reported $79.2M of Invesco Dorsey Wright Financial Momentum ETF stock for Q4 2016, up 529% quarter-over-quarter.
- 19 funds opened new Invesco Dorsey Wright Financial Momentum ETF positions in Q4 2016 and 2 closed out, a net change of +17 holders.
- The largest Invesco Dorsey Wright Financial Momentum ETF buyer in Q4 2016 was Invesco, an estimated $38.2M added.
- The largest Invesco Dorsey Wright Financial Momentum ETF seller in Q4 2016 was Susquehanna International Group, an estimated $787K sold.
Based on aggregated 13F filings for Q4 2016.