Invesco Dorsey Wright Financial Momentum ETF
32 hedge funds and large institutions have $41M invested in Invesco Dorsey Wright Financial Momentum ETF in 2024 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
11% more capital invested
Capital invested by funds: $36.9M → $41M (+$4.14M)
10% more funds holding
Funds holding: 29 → 32 (+3)
14.78% less ownership
Funds ownership: 64.53% → 49.76% (-15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SOS
Silver Oak Securities
Jackson,
Tennessee
|
+$647K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$262K |
| 3 |
LPL Financial
San Diego,
California
|
+$206K |
| 4 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$127K |
| 5 |
CF
Centaurus Financial
Anaheim,
California
|
+$124K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$782K |
| 2 |
UWS
Unique Wealth Strategies
Burr Ridge,
Illinois
|
-$504K |
| 3 |
GM
GeoWealth Management
Chicago,
Illinois
|
-$486K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$243K |
| 5 |
Morgan Stanley
New York
|
-$148K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $16.6K | +$15.7K | +300 | New |
|
27
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $8K | – | – | – |
|
28
Jones Financial Companies
Des Peres,
Missouri
| $4.31K | +$4.09K | +78 | New |
|
|
CFD
29
Creative Financial Designs
Kokomo,
Indiana
| $1.27K | – | – | – |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| $1.22K | – | – | – |
|
|
CAS
31
Coppell Advisory Solutions
Coppell,
Texas
| $718 | – | – | – |
|
32
Wells Fargo
San Francisco,
California
| $58 | – | – | – |
|
|
UWS
33
Unique Wealth Strategies
Burr Ridge,
Illinois
| – | -$504K | -10,135 | Closed |
|
|
GM
34
GeoWealth Management
Chicago,
Illinois
| – | -$486K | -9,948 | Closed |
|
PFI Hedge Fund Activity: Q3 2024 in Review
32 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Financial Momentum ETF (PFI) for Q3 2024, worth a combined $41M — up 11% from $36.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PFI positions and 2 closed out — a net gain of 3 holders — while 9 added to existing stakes and 7 trimmed.
The largest buyer was Silver Oak Securities, adding an estimated $647K. The largest seller was Janney Montgomery Scott, cutting an estimated $782K.
- 32 institutional investors held Invesco Dorsey Wright Financial Momentum ETF (PFI) as of Q3 2024, up from 29 in Q2 2024.
- Funds reported $41M of Invesco Dorsey Wright Financial Momentum ETF stock for Q3 2024, up 11% quarter-over-quarter.
- 5 funds opened new Invesco Dorsey Wright Financial Momentum ETF positions in Q3 2024 and 2 closed out, a net change of +3 holders.
- The largest Invesco Dorsey Wright Financial Momentum ETF buyer in Q3 2024 was Silver Oak Securities, an estimated $647K added.
- The largest Invesco Dorsey Wright Financial Momentum ETF seller in Q3 2024 was Janney Montgomery Scott, an estimated $782K sold.
Based on aggregated 13F filings for Q3 2024.