Invesco Dorsey Wright Financial Momentum ETF
25 hedge funds and large institutions have $36.5M invested in Invesco Dorsey Wright Financial Momentum ETF in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 10 closing their positions.
135% more capital invested
Capital invested by funds: $15.5M → $36.5M (+$21M)
88.24% more ownership
Funds ownership: 44.46% → 132.7% (+88%)
14% less funds holding
Funds holding: 29 → 25 (-4)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$22.8M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.22M |
| 3 |
Morgan Stanley
New York
|
+$632K |
| 4 |
LPL Financial
San Diego,
California
|
+$562K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$555K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.85M |
| 2 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
-$1.54M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$1.16M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.14M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$1.85M | -63,608 | Closed |
|
|
CAG
27
Csenge Advisory Group
Clearwater,
Florida
| – | -$1.54M | -53,075 | Closed |
|
|
28
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.14M | -39,091 | Closed |
|
|
29
Citadel Advisors
Miami,
Florida
| – | -$1.04M | -36,025 | Closed |
|
|
APW
30
Aurora Private Wealth
Rockaway,
New Jersey
| – | -$478K | -16,486 | Closed |
|
|
SFI
31
SPC Financial Inc
Rockville,
Maryland
| – | -$210K | -7,243 | Closed |
|
|
GT
32
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$82K | -2,141 | Closed |
|
|
ASN
33
Advisory Services Network
Atlanta,
Georgia
| – | -$59K | -2,025 | Closed |
|
|
APA
34
American Portfolios Advisors
Holbrook,
New York
| – | -$54.2K | -1,868 | Closed |
|
|
CAN
35
Claraphi Advisory Network
Aliso Viejo,
United States
| – | -$16K | -536 | Closed |
|
PFI Hedge Fund Activity: Q2 2020 in Review
25 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Financial Momentum ETF (PFI) for Q2 2020, worth a combined $36.5M — up 135% from $15.5M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PFI and 6 opened new positions — a net loss of 4 holders — while 8 trimmed existing stakes and 5 added.
The largest buyer was Citigroup, adding an estimated $22.8M. The largest seller was Janney Montgomery Scott, exiting entirely with an estimated $1.85M sold.
- 25 institutional investors held Invesco Dorsey Wright Financial Momentum ETF (PFI) as of Q2 2020, down from 29 in Q1 2020.
- Funds reported $36.5M of Invesco Dorsey Wright Financial Momentum ETF stock for Q2 2020, up 135% quarter-over-quarter.
- 6 funds opened new Invesco Dorsey Wright Financial Momentum ETF positions in Q2 2020 and 10 closed out, a net change of -4 holders.
- The largest Invesco Dorsey Wright Financial Momentum ETF buyer in Q2 2020 was Citigroup, an estimated $22.8M added.
- The largest Invesco Dorsey Wright Financial Momentum ETF seller in Q2 2020 was Janney Montgomery Scott, an estimated $1.85M sold.
Based on aggregated 13F filings for Q2 2020.