Invesco Dorsey Wright Financial Momentum ETF
30 hedge funds and large institutions have $9.48M invested in Invesco Dorsey Wright Financial Momentum ETF in 2018 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
3% more funds holding
Funds holding: 29 → 30 (+1)
5.29% less ownership
Funds ownership: 44.57% → 39.27% (-5.3%)
43% less capital invested
Capital invested by funds: $16.8M → $9.48M (-$7.27M)
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$951K |
| 2 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
+$529K |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
+$88.9K |
| 4 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$67.1K |
| 5 |
LPL Financial
San Diego,
California
|
+$9.94K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.37M |
| 2 |
FA
Fortis Advisors
Wayne,
Pennsylvania
|
-$1.3M |
| 3 |
Jane Street
New York
|
-$1.01M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$625K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$566K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $4K | +$31 | +1 | +0.8% |
|
|
LDFR
27
Lehman & Derafelo Financial Resources
Media,
Pennsylvania
| $4K | +$4.7K | +150 | New |
|
|
GT
28
Glenmede Trust
Philadelphia,
Pennsylvania
| $61 | +$67.1K | +2,141 | New |
|
|
FA
29
Fortis Advisors
Wayne,
Pennsylvania
| – | -$1.3M | -41,332 | Closed |
|
|
CAN
30
Cetera Advisor Networks
El Segundo,
California
| – | -$360K | -10,575 | Closed |
|
31
MML Investors Services
Springfield,
Massachusetts
| – | -$245K | -7,186 | Closed |
|
32
Millennium Management
New York
| – | -$219K | -6,378 | Closed |
|
33
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$15K | -440 | Closed |
|
34
Fidelity Investments
Boston,
Massachusetts
| – | +$31 | +1 | New |
|
PFI Hedge Fund Activity: Q4 2018 in Review
30 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Financial Momentum ETF (PFI) for Q4 2018, worth a combined $9.48M — down 43% from $16.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PFI positions and 5 closed out — a net gain of 1 holder — while 6 added to existing stakes and 11 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $951K. The largest seller was Ameriprise, cutting an estimated $1.37M.
- 30 institutional investors held Invesco Dorsey Wright Financial Momentum ETF (PFI) as of Q4 2018, up from 29 in Q3 2018.
- Funds reported $9.48M of Invesco Dorsey Wright Financial Momentum ETF stock for Q4 2018, down 43% quarter-over-quarter.
- 6 funds opened new Invesco Dorsey Wright Financial Momentum ETF positions in Q4 2018 and 5 closed out, a net change of +1 holder.
- The largest Invesco Dorsey Wright Financial Momentum ETF buyer in Q4 2018 was Susquehanna International Group, an estimated $951K added.
- The largest Invesco Dorsey Wright Financial Momentum ETF seller in Q4 2018 was Ameriprise, an estimated $1.37M sold.
Based on aggregated 13F filings for Q4 2018.