Invesco Dorsey Wright Financial Momentum ETF
32 hedge funds and large institutions have $37.8M invested in Invesco Dorsey Wright Financial Momentum ETF in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
280% more capital invested
Capital invested by funds: $9.95M → $37.8M (+$27.8M)
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
33% more funds holding
Funds holding: 24 → 32 (+8)
27.93% more ownership
Funds ownership: 38.14% → 66.08% (+28%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$12.4M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$6.59M |
| 3 |
SOS
Silver Oak Securities
Jackson,
Tennessee
|
+$1.26M |
| 4 |
GCA
Genesee Capital Advisors
Auburn,
New York
|
+$1.23M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$265K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$220K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$57.3K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$11.8K |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$6.21K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
26
Geneos Wealth Management
Englewood,
Colorado
| $29.8K | – | – | – |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $7.51K | +$7.01K | +151 | New |
|
28
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $7K | – | – | – |
|
|
HI
29
Harbour Investments
Madison,
Wisconsin
| $1.69K | – | – | – |
|
|
CFD
30
Creative Financial Designs
Kokomo,
Indiana
| $1.14K | – | – | – |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| $1.09K | +$1.02K | +22 | New |
|
32
Wells Fargo
San Francisco,
California
| $48 | +$46 | +1 | New |
|
|
33
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$265K | -5,886 | Closed |
|
|
ASN
34
Advisory Services Network
Atlanta,
Georgia
| – | -$6.21K | -138 | Closed |
|
PFI Hedge Fund Activity: Q1 2024 in Review
32 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Financial Momentum ETF (PFI) for Q1 2024, worth a combined $37.8M — up 280% from $9.95M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PFI positions and 2 closed out — a net gain of 8 holders — while 9 added to existing stakes and 4 trimmed.
The largest buyer was Transamerica Financial Advisors, adding an estimated $12.4M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $265K sold.
- 32 institutional investors held Invesco Dorsey Wright Financial Momentum ETF (PFI) as of Q1 2024, up from 24 in Q4 2023.
- Funds reported $37.8M of Invesco Dorsey Wright Financial Momentum ETF stock for Q1 2024, up 280% quarter-over-quarter.
- 10 funds opened new Invesco Dorsey Wright Financial Momentum ETF positions in Q1 2024 and 2 closed out, a net change of +8 holders.
- The largest Invesco Dorsey Wright Financial Momentum ETF buyer in Q1 2024 was Transamerica Financial Advisors, an estimated $12.4M added.
- The largest Invesco Dorsey Wright Financial Momentum ETF seller in Q1 2024 was Susquehanna International Group, an estimated $265K sold.
Based on aggregated 13F filings for Q1 2024.