Invesco Dorsey Wright Financial Momentum ETF
40 hedge funds and large institutions have $55.3M invested in Invesco Dorsey Wright Financial Momentum ETF in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 14 reducing their positions, and 4 closing their positions.
2.12% more ownership
Funds ownership: 70.95% → 73.07% (+2.1%)
0% more funds holding
Funds holding: 40 → 40 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
21% less capital invested
Capital invested by funds: $70.2M → $55.3M (-$14.9M)
43% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG
StoneX Group
New York
|
+$223K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$123K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$118K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$73.7K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$54.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$10.8M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.46M |
| 3 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$1.37M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.13M |
| 5 |
LPL Financial
San Diego,
California
|
-$366K |
PFI Hedge Fund Activity: Q2 2017 in Review
40 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Financial Momentum ETF (PFI) for Q2 2017, worth a combined $55.3M — down 21% from $70.2M a quarter earlier.
Fund positioning in PFI was balanced in Q2 2017: 4 funds opened new positions, 4 closed out, 8 added to existing stakes and 14 trimmed.
The largest buyer was StoneX Group, opening a new position worth an estimated $223K. The largest seller was Invesco, cutting an estimated $10.8M.
- 40 institutional investors held Invesco Dorsey Wright Financial Momentum ETF (PFI) as of Q2 2017, unchanged from Q1 2017.
- Funds reported $55.3M of Invesco Dorsey Wright Financial Momentum ETF stock for Q2 2017, down 21% quarter-over-quarter.
- 4 funds opened new Invesco Dorsey Wright Financial Momentum ETF positions in Q2 2017 and 4 closed out, a net change of 0 holders.
- The largest Invesco Dorsey Wright Financial Momentum ETF buyer in Q2 2017 was StoneX Group, an estimated $223K added.
- The largest Invesco Dorsey Wright Financial Momentum ETF seller in Q2 2017 was Invesco, an estimated $10.8M sold.
Based on aggregated 13F filings for Q2 2017.