Invesco Dorsey Wright Financial Momentum ETF
12 hedge funds and large institutions have $6.62M invested in Invesco Dorsey Wright Financial Momentum ETF in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
9% more funds holding
Funds holding: 11 → 12 (+1)
2% less capital invested
Capital invested by funds: $6.74M → $6.62M (-$129K)
4.03% less ownership
Funds ownership: 32.38% → 28.34% (-4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$496K |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$390K |
| 3 |
Fisher Asset Management
Camas,
Washington
|
+$247K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$114K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$98.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
-$693K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$554K |
| 3 |
AIG
American International Group
New York
|
-$497K |
| 4 |
LPL Financial
San Diego,
California
|
-$217K |
| 5 |
KIG
Kessler Investment Group
Columbus,
Indiana
|
-$1K |
PFI Hedge Fund Activity: Q3 2013 in Review
12 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Financial Momentum ETF (PFI) for Q3 2013, worth a combined $6.62M — down 1.9% from $6.74M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new PFI positions and 2 closed out — a net gain of 1 holder — while 4 added to existing stakes and 3 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $496K. The largest seller was SignalPoint Asset Management, cutting an estimated $693K.
- 12 institutional investors held Invesco Dorsey Wright Financial Momentum ETF (PFI) as of Q3 2013, up from 11 in Q2 2013.
- Funds reported $6.62M of Invesco Dorsey Wright Financial Momentum ETF stock for Q3 2013, down 1.9% quarter-over-quarter.
- 3 funds opened new Invesco Dorsey Wright Financial Momentum ETF positions in Q3 2013 and 2 closed out, a net change of +1 holder.
- The largest Invesco Dorsey Wright Financial Momentum ETF buyer in Q3 2013 was Susquehanna International Group, an estimated $496K added.
- The largest Invesco Dorsey Wright Financial Momentum ETF seller in Q3 2013 was SignalPoint Asset Management, an estimated $693K sold.
Based on aggregated 13F filings for Q3 2013.