Invesco Dorsey Wright Financial Momentum ETF
38 hedge funds and large institutions have $38.3M invested in Invesco Dorsey Wright Financial Momentum ETF in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
6% more funds holding
Funds holding: 36 → 38 (+2)
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
0.07% more ownership
Funds ownership: 59.92% → 59.99% (+0.07%)
2% less capital invested
Capital invested by funds: $39.2M → $38.3M (-$888K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
+$1.72M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$745K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$597K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$486K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$456K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.97M |
| 2 |
WWM
Western Wealth Management
Golden,
Colorado
|
-$2.86M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.52M |
| 4 |
Jane Street
New York
|
-$91K |
| 5 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
-$82K |
PFI Hedge Fund Activity: Q4 2019 in Review
38 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Financial Momentum ETF (PFI) for Q4 2019, worth a combined $38.3M — down 2.3% from $39.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PFI positions and 4 closed out — a net gain of 2 holders — while 12 added to existing stakes and 11 trimmed.
The largest buyer was Csenge Advisory Group, opening a new position worth an estimated $1.72M. The largest seller was Ameriprise, cutting an estimated $2.97M.
- 38 institutional investors held Invesco Dorsey Wright Financial Momentum ETF (PFI) as of Q4 2019, up from 36 in Q3 2019.
- Funds reported $38.3M of Invesco Dorsey Wright Financial Momentum ETF stock for Q4 2019, down 2.3% quarter-over-quarter.
- 6 funds opened new Invesco Dorsey Wright Financial Momentum ETF positions in Q4 2019 and 4 closed out, a net change of +2 holders.
- The largest Invesco Dorsey Wright Financial Momentum ETF buyer in Q4 2019 was Csenge Advisory Group, an estimated $1.72M added.
- The largest Invesco Dorsey Wright Financial Momentum ETF seller in Q4 2019 was Ameriprise, an estimated $2.97M sold.
Based on aggregated 13F filings for Q4 2019.