Invesco Dorsey Wright Financial Momentum ETF
PFI
27 hedge funds and large institutions have $9.9M invested in Invesco Dorsey Wright Financial Momentum ETF in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 5 closing their positions.
0% more funds holding
Funds holding: 27 → 27 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
1.33% less ownership
Funds ownership: 36.98% → 35.65% (-1.3%)
8% less capital invested
Capital invested by funds: $10.8M → $9.9M (-$856K)
60% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$281K |
| 2 |
Goldman Sachs
New York
|
+$269K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$83.3K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$69.2K |
| 5 |
PA
Parallel Advisors
San Francisco,
California
|
+$53.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$585K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$496K |
| 3 |
CI
CX Institutional
Auburn,
Indiana
|
-$343K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$257K |
| 5 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$131K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFD
26
Creative Financial Designs
Kokomo,
Indiana
| $968 | +$930 | +23 | New |
|
27
Fidelity Investments
Boston,
Massachusetts
| $42 | +$40 | +1 | New |
|
|
CI
28
CX Institutional
Auburn,
Indiana
| – | -$343K | -8,602 | Closed |
|
|
29
Citadel Advisors
Miami,
Florida
| – | -$257K | -6,441 | Closed |
|
|
MIM
30
MTM Investment Management
Spartanburg,
South Carolina
| – | -$117K | -2,930 | Closed |
|
|
ASN
31
Advisory Services Network
Atlanta,
Georgia
| – | -$21.8K | -546 | Closed |
|
32
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$570 | -13 | Closed |
|
PFI Hedge Fund Activity: Q2 2023 in Review
27 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Financial Momentum ETF (PFI) for Q2 2023, worth a combined $9.9M — down 8% from $10.8M a quarter earlier.
Fund positioning in PFI was balanced in Q2 2023: 5 funds opened new positions, 5 closed out, 4 added to existing stakes and 10 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $281K. The largest seller was Morgan Stanley, cutting an estimated $585K.
- 27 institutional investors held Invesco Dorsey Wright Financial Momentum ETF (PFI) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $9.9M of Invesco Dorsey Wright Financial Momentum ETF stock for Q2 2023, down 8% quarter-over-quarter.
- 5 funds opened new Invesco Dorsey Wright Financial Momentum ETF positions in Q2 2023 and 5 closed out, a net change of 0 holders.
- The largest Invesco Dorsey Wright Financial Momentum ETF buyer in Q2 2023 was Susquehanna International Group, an estimated $281K added.
- The largest Invesco Dorsey Wright Financial Momentum ETF seller in Q2 2023 was Morgan Stanley, an estimated $585K sold.
Based on aggregated 13F filings for Q2 2023.