Invesco Dorsey Wright Financial Momentum ETF
30 hedge funds and large institutions have $16.3M invested in Invesco Dorsey Wright Financial Momentum ETF in 2020 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 13 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
36% more capital invested
Capital invested by funds: $12M → $16.3M (+$4.33M)
15% more funds holding
Funds holding: 26 → 30 (+4)
3.69% more ownership
Funds ownership: 43.14% → 46.83% (+3.7%)
77% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.98M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$768K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$230K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$188K |
| 5 |
EP
Eudaimonia Partners
Winchester,
Tennessee
|
+$62.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$297K |
| 2 |
LPL Financial
San Diego,
California
|
-$275K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$224K |
| 4 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
-$61.4K |
| 5 |
AA
Advisory Alpha
Holland,
Michigan
|
-$61K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $11K | – | – | – |
|
|
VBCG
27
Valley Brook Capital Group
Venetia,
Pennsylvania
| $11K | +$10.8K | +271 | New |
|
|
CFGS
28
Concourse Financial Group Securities
Birmingham,
Alabama
| $8K | -$2.94K | -74 | -28% |
|
|
CFN
29
Cordasco Financial Network
Naples,
Florida
| $7K | – | – | – |
|
|
PFGIA
30
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $4K | – | – | – |
|
|
AA
31
Advisory Alpha
Holland,
Michigan
| – | -$61K | -1,595 | Closed |
|
|
APA
32
American Portfolios Advisors
Holbrook,
New York
| – | -$10.7K | -289 | Closed |
|
33
Citigroup
New York
| – | -$9K | -250 | Closed |
|
PFI Hedge Fund Activity: Q4 2020 in Review
30 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Financial Momentum ETF (PFI) for Q4 2020, worth a combined $16.3M — up 36% from $12M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PFI positions and 3 closed out — a net gain of 4 holders — while 3 added to existing stakes and 13 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.98M. The largest seller was Susquehanna International Group, cutting an estimated $297K.
- 30 institutional investors held Invesco Dorsey Wright Financial Momentum ETF (PFI) as of Q4 2020, up from 26 in Q3 2020.
- Funds reported $16.3M of Invesco Dorsey Wright Financial Momentum ETF stock for Q4 2020, up 36% quarter-over-quarter.
- 7 funds opened new Invesco Dorsey Wright Financial Momentum ETF positions in Q4 2020 and 3 closed out, a net change of +4 holders.
- The largest Invesco Dorsey Wright Financial Momentum ETF buyer in Q4 2020 was Morgan Stanley, an estimated $1.98M added.
- The largest Invesco Dorsey Wright Financial Momentum ETF seller in Q4 2020 was Susquehanna International Group, an estimated $297K sold.
Based on aggregated 13F filings for Q4 2020.