Invesco Dorsey Wright Financial Momentum ETF
35 hedge funds and large institutions have $52.6M invested in Invesco Dorsey Wright Financial Momentum ETF in 2021 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 4 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
250% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 4
222% more capital invested
Capital invested by funds: $16.3M → $52.6M (+$36.2M)
37.87% more ownership
Funds ownership: 46.83% → 84.69% (+38%)
17% more funds holding
Funds holding: 30 → 35 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$28.2M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.16M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.47M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$949K |
| 5 |
IMC Chicago
Chicago,
Illinois
|
+$600K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$943K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$653K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$421K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$121K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$16K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $38K | +$25.9K | +550 | +222% |
|
|
MIM
27
MTM Investment Management
Spartanburg,
South Carolina
| $33K | – | – | – |
|
|
GWM
28
Geneos Wealth Management
Englewood,
Colorado
| $30K | – | – | – |
|
|
FFA
29
Freedman Financial Associates
Peabody,
Massachusetts
| $18K | – | – | – |
|
|
CIAS
30
Capital Investment Advisory Services
Raleigh,
North Carolina
| $14K | – | – | – |
|
|
WAP
31
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| $14K | +$14.1K | +300 | New |
|
|
VBCG
32
Valley Brook Capital Group
Venetia,
Pennsylvania
| $13K | – | – | – |
|
|
CFN
33
Cordasco Financial Network
Naples,
Florida
| $8K | – | – | – |
|
|
PFGIA
34
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $5K | – | – | – |
|
|
HI
35
Harbour Investments
Madison,
Wisconsin
| $2K | +$1.5K | +32 | New |
|
|
36
Citadel Advisors
Miami,
Florida
| – | -$653K | -15,155 | Closed |
|
|
37
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$421K | -9,782 | Closed |
|
PFI Hedge Fund Activity: Q1 2021 in Review
35 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Financial Momentum ETF (PFI) for Q1 2021, worth a combined $52.6M — up 222% from $16.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PFI positions and 2 closed out — a net gain of 5 holders — while 14 added to existing stakes and 4 trimmed.
The largest buyer was Citigroup, opening a new position worth an estimated $28.2M. The largest seller was Morgan Stanley, cutting an estimated $943K.
- 35 institutional investors held Invesco Dorsey Wright Financial Momentum ETF (PFI) as of Q1 2021, up from 30 in Q4 2020.
- Funds reported $52.6M of Invesco Dorsey Wright Financial Momentum ETF stock for Q1 2021, up 222% quarter-over-quarter.
- 7 funds opened new Invesco Dorsey Wright Financial Momentum ETF positions in Q1 2021 and 2 closed out, a net change of +5 holders.
- The largest Invesco Dorsey Wright Financial Momentum ETF buyer in Q1 2021 was Citigroup, an estimated $28.2M added.
- The largest Invesco Dorsey Wright Financial Momentum ETF seller in Q1 2021 was Morgan Stanley, an estimated $943K sold.
Based on aggregated 13F filings for Q1 2021.