Invesco Dorsey Wright Financial Momentum ETF
29 hedge funds and large institutions have $15.5M invested in Invesco Dorsey Wright Financial Momentum ETF in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 10 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
15.53% less ownership
Funds ownership: 59.99% → 44.46% (-16%)
24% less funds holding
Funds holding: 38 → 29 (-9)
59% less capital invested
Capital invested by funds: $38.3M → $15.5M (-$22.7M)
70% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.06M |
| 2 |
APW
Aurora Private Wealth
Rockaway,
New Jersey
|
+$609K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$285K |
| 4 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
+$281K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$226K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$17.4M |
| 2 |
Jane Street
New York
|
-$566K |
| 3 |
SG
StoneX Group
New York
|
-$390K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$329K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$225K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAN
26
Claraphi Advisory Network
Aliso Viejo,
United States
| $16K | +$19.8K | +536 | New |
|
27
Citigroup
New York
| $7K | – | – | – |
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $6K | +$74 | +2 | +1% |
|
|
CFN
29
Cordasco Financial Network
Naples,
Florida
| $5K | – | – | – |
|
|
30
Invesco
Atlanta,
Georgia
| – | -$17.4M | -450,650 | Closed |
|
|
31
Jane Street
New York
| – | -$566K | -14,639 | Closed |
|
|
SG
32
StoneX Group
New York
| – | -$390K | -10,088 | Closed |
|
|
33
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$329K | -8,509 | Closed |
|
|
CAN
34
Cetera Advisor Networks
El Segundo,
California
| – | -$225K | -5,825 | Closed |
|
|
RJA
35
Raymond James & Associates
St Petersburg,
Florida
| – | -$209K | -5,416 | Closed |
|
36
MML Investors Services
Springfield,
Massachusetts
| – | -$203K | -5,252 | Closed |
|
|
MWM
37
Maltin Wealth Management
Ridgewood,
New Jersey
| – | -$109K | -2,817 | Closed |
|
38
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$11K | -288 | Closed |
|
|
IA
39
IFP Advisors
Tampa,
Florida
| – | -$1.48K | -40 | Closed |
|
PFI Hedge Fund Activity: Q1 2020 in Review
29 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Financial Momentum ETF (PFI) for Q1 2020, worth a combined $15.5M — down 59% from $38.3M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PFI and 3 opened new positions — a net loss of 7 holders — while 9 trimmed existing stakes and 9 added.
The largest buyer was Citadel Advisors, adding an estimated $1.06M. The largest seller was Invesco, exiting entirely with an estimated $17.4M sold.
- 29 institutional investors held Invesco Dorsey Wright Financial Momentum ETF (PFI) as of Q1 2020, down from 38 in Q4 2019.
- Funds reported $15.5M of Invesco Dorsey Wright Financial Momentum ETF stock for Q1 2020, down 59% quarter-over-quarter.
- 3 funds opened new Invesco Dorsey Wright Financial Momentum ETF positions in Q1 2020 and 10 closed out, a net change of -7 holders.
- The largest Invesco Dorsey Wright Financial Momentum ETF buyer in Q1 2020 was Citadel Advisors, an estimated $1.06M added.
- The largest Invesco Dorsey Wright Financial Momentum ETF seller in Q1 2020 was Invesco, an estimated $17.4M sold.
Based on aggregated 13F filings for Q1 2020.