Invesco Dorsey Wright Financial Momentum ETF
26 hedge funds and large institutions have $9.56M invested in Invesco Dorsey Wright Financial Momentum ETF in 2023 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 13 reducing their positions, and 3 closing their positions.
1.01% more ownership
Funds ownership: 35.65% → 36.66% (+1%)
3% less capital invested
Capital invested by funds: $9.9M → $9.56M (-$338K)
4% less funds holding
Funds holding: 27 → 26 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
69% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$270K |
| 2 |
Comerica Bank
Dallas,
Texas
|
+$169K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$57.7K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$40.3K |
| 5 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$17.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$293K |
| 2 |
Morgan Stanley
New York
|
-$115K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$77.5K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$73.3K |
| 5 |
PA
Parallel Advisors
San Francisco,
California
|
-$55.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFD
26
Creative Financial Designs
Kokomo,
Indiana
| $952 | – | – | – |
|
|
27
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$293K | -6,955 | Closed |
|
|
PA
28
Parallel Advisors
San Francisco,
California
| – | -$55.8K | -1,326 | Closed |
|
29
Fidelity Investments
Boston,
Massachusetts
| – | -$42 | -1 | Closed |
|
PFI Hedge Fund Activity: Q3 2023 in Review
26 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Financial Momentum ETF (PFI) for Q3 2023, worth a combined $9.56M — down 3.4% from $9.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PFI and 2 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 4 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $270K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $293K sold.
- 26 institutional investors held Invesco Dorsey Wright Financial Momentum ETF (PFI) as of Q3 2023, down from 27 in Q2 2023.
- Funds reported $9.56M of Invesco Dorsey Wright Financial Momentum ETF stock for Q3 2023, down 3.4% quarter-over-quarter.
- 2 funds opened new Invesco Dorsey Wright Financial Momentum ETF positions in Q3 2023 and 3 closed out, a net change of -1 holder.
- The largest Invesco Dorsey Wright Financial Momentum ETF buyer in Q3 2023 was Citadel Advisors, an estimated $270K added.
- The largest Invesco Dorsey Wright Financial Momentum ETF seller in Q3 2023 was Susquehanna International Group, an estimated $293K sold.
Based on aggregated 13F filings for Q3 2023.