Invesco Dorsey Wright Financial Momentum ETF
40 hedge funds and large institutions have $70.2M invested in Invesco Dorsey Wright Financial Momentum ETF in 2017 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 14 reducing their positions, and 0 closing their positions.
5% more funds holding
Funds holding: 38 → 40 (+2)
0% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 14
9.79% less ownership
Funds ownership: 80.74% → 70.95% (-9.8%)
11% less capital invested
Capital invested by funds: $79.2M → $70.2M (-$8.99M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.48M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.14M |
| 3 |
Jane Street
New York
|
+$870K |
| 4 |
FA
Fortis Advisors
Wayne,
Pennsylvania
|
+$245K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$235K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$9.07M |
| 2 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$2.12M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.55M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.09M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$542K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IP
26
Investment Partners
New Philadelphia,
Ohio
| $238K | -$84K | -2,694 | -26% |
|
|
ADL
27
Asset Dedication LLC
San Francisco,
California
| $185K | – | – | – |
|
|
AG
28
Advisor Group
Phoenix,
Arizona
| $181K | +$5.39K | +173 | +3% |
|
29
JP Morgan Chase
New York
| $181K | +$22.1K | +709 | +14% |
|
|
AIM
30
Advantage Investment Management
Cedar Rapids,
Iowa
| $95K | -$48.7K | -1,563 | -34% |
|
|
GT
31
Glenmede Trust
Philadelphia,
Pennsylvania
| $66K | – | – | – |
|
32
Wells Fargo
San Francisco,
California
| $62K | -$468 | -15 | -0.7% |
|
|
NFG
33
Next Financial Group
Houston,
Texas
| $57K | – | – | – |
|
|
FDCDDQ
34
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $12.4K | +$12.5K | +400 | New |
|
|
BIG
35
Bellwether Investment Group
Chattanooga,
Tennessee
| $12K | -$11.7K | -375 | -49% |
|
36
Bank of Montreal
Toronto,
Ontario, Canada
| $9K | – | – | – |
|
37
Citigroup
New York
| $8K | – | – | – |
|
|
IA
38
IFP Advisors
Tampa,
Florida
| $6K | – | – | – |
|
39
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $4K | – | – | – |
|
PFI Hedge Fund Activity: Q1 2017 in Review
40 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Financial Momentum ETF (PFI) for Q1 2017, worth a combined $70.2M — down 11% from $79.2M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new PFI positions and 0 closed out — a net gain of 3 holders — while 14 added to existing stakes and 14 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $2.48M. The largest seller was Invesco, cutting an estimated $9.07M.
- 40 institutional investors held Invesco Dorsey Wright Financial Momentum ETF (PFI) as of Q1 2017, up from 38 in Q4 2016.
- Funds reported $70.2M of Invesco Dorsey Wright Financial Momentum ETF stock for Q1 2017, down 11% quarter-over-quarter.
- 3 funds opened new Invesco Dorsey Wright Financial Momentum ETF positions in Q1 2017 and 0 closed out, a net change of +3 holders.
- The largest Invesco Dorsey Wright Financial Momentum ETF buyer in Q1 2017 was Susquehanna International Group, an estimated $2.48M added.
- The largest Invesco Dorsey Wright Financial Momentum ETF seller in Q1 2017 was Invesco, an estimated $9.07M sold.
Based on aggregated 13F filings for Q1 2017.