Invesco Dorsey Wright Financial Momentum ETF
24 hedge funds and large institutions have $9.95M invested in Invesco Dorsey Wright Financial Momentum ETF in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 8 reducing their positions, and 5 closing their positions.
1.49% more ownership
Funds ownership: 36.66% → 38.14% (+1.5%)
4% more capital invested
Capital invested by funds: $9.56M → $9.95M (+$385K)
8% less funds holding
Funds holding: 26 → 24 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
50% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$733K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$249K |
| 3 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$91.9K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$14.7K |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$5.84K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$366K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$258K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$219K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$205K |
| 5 |
LPL Financial
San Diego,
California
|
-$177K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Citadel Advisors
Miami,
Florida
| – | -$258K | -6,237 | Closed |
|
|
CAN
27
Cetera Advisor Networks
El Segundo,
California
| – | -$205K | -4,955 | Closed |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| – | -$30.3K | -731 | Closed |
|
|
PCMC
29
Private Capital Management (Colorado)
Denver,
Colorado
| – | -$27K | -651 | Closed |
|
PFI Hedge Fund Activity: Q4 2023 in Review
24 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Financial Momentum ETF (PFI) for Q4 2023, worth a combined $9.95M — up 4% from $9.56M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PFI and 3 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 4 added.
The largest buyer was Morgan Stanley, adding an estimated $733K. The largest seller was Bank of America, cutting an estimated $366K.
- 24 institutional investors held Invesco Dorsey Wright Financial Momentum ETF (PFI) as of Q4 2023, down from 26 in Q3 2023.
- Funds reported $9.95M of Invesco Dorsey Wright Financial Momentum ETF stock for Q4 2023, up 4% quarter-over-quarter.
- 3 funds opened new Invesco Dorsey Wright Financial Momentum ETF positions in Q4 2023 and 5 closed out, a net change of -2 holders.
- The largest Invesco Dorsey Wright Financial Momentum ETF buyer in Q4 2023 was Morgan Stanley, an estimated $733K added.
- The largest Invesco Dorsey Wright Financial Momentum ETF seller in Q4 2023 was Bank of America, an estimated $366K sold.
Based on aggregated 13F filings for Q4 2023.