Invesco Dorsey Wright Financial Momentum ETF
36 hedge funds and large institutions have $37.8M invested in Invesco Dorsey Wright Financial Momentum ETF in 2019 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 11 increasing their positions, 3 reducing their positions, and 4 closing their positions.
306% more capital invested
Capital invested by funds: $9.3M → $37.8M (+$28.5M)
267% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 3
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
26.5% more ownership
Funds ownership: 37.26% → 63.76% (+27%)
24% more funds holding
Funds holding: 29 → 36 (+7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$12.4M |
| 2 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$3.87M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.83M |
| 4 |
WWM
Western Wealth Management
Golden,
Colorado
|
+$2.24M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$551K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$343K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$326K |
| 4 |
WCM
WealthBridge Capital Management
Westerville,
Ohio
|
-$178K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$92.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $41K | – | – | – |
|
|
GWM
27
Geneos Wealth Management
Englewood,
Colorado
| $22K | – | – | – |
|
|
APA
28
American Portfolios Advisors
Holbrook,
New York
| $20.2K | +$19.3K | +544 | New |
|
29
Bank of Montreal
Toronto,
Ontario, Canada
| $11K | – | – | – |
|
30
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $9K | – | – | – |
|
31
Citigroup
New York
| $9K | – | – | – |
|
32
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $7K | +$36 | +1 | +0.5% |
|
|
CFN
33
Cordasco Financial Network
Naples,
Florida
| $6K | – | – | – |
|
|
LDFR
34
Lehman & Derafelo Financial Resources
Media,
Pennsylvania
| $6K | – | – | – |
|
|
GT
35
Glenmede Trust
Philadelphia,
Pennsylvania
| $79 | – | – | – |
|
|
36
Jane Street
New York
| – | -$551K | -16,499 | Closed |
|
|
37
Stifel Financial
St. Louis,
Missouri
| – | -$326K | -9,783 | Closed |
|
|
WCM
38
WealthBridge Capital Management
Westerville,
Ohio
| – | -$178K | -5,086 | Closed |
|
|
SWM
39
SeaCrest Wealth Management
Purchase,
New York
| – | -$32K | -960 | Closed |
|
PFI Hedge Fund Activity: Q2 2019 in Review
36 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Financial Momentum ETF (PFI) for Q2 2019, worth a combined $37.8M — up 306% from $9.3M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PFI positions and 4 closed out — a net gain of 7 holders — while 11 added to existing stakes and 3 trimmed.
The largest buyer was Invesco, opening a new position worth an estimated $12.4M. The largest seller was Jane Street, exiting entirely with an estimated $551K sold.
- 36 institutional investors held Invesco Dorsey Wright Financial Momentum ETF (PFI) as of Q2 2019, up from 29 in Q1 2019.
- Funds reported $37.8M of Invesco Dorsey Wright Financial Momentum ETF stock for Q2 2019, up 306% quarter-over-quarter.
- 11 funds opened new Invesco Dorsey Wright Financial Momentum ETF positions in Q2 2019 and 4 closed out, a net change of +7 holders.
- The largest Invesco Dorsey Wright Financial Momentum ETF buyer in Q2 2019 was Invesco, an estimated $12.4M added.
- The largest Invesco Dorsey Wright Financial Momentum ETF seller in Q2 2019 was Jane Street, an estimated $551K sold.
Based on aggregated 13F filings for Q2 2019.