Invesco Dorsey Wright Financial Momentum ETF
17 hedge funds and large institutions have $14.1M invested in Invesco Dorsey Wright Financial Momentum ETF in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
48% more capital invested
Capital invested by funds: $9.55M → $14.1M (+$4.58M)
21% more funds holding
Funds holding: 14 → 17 (+3)
9.88% more ownership
Funds ownership: 28.84% → 38.72% (+9.9%)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.75M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.46M |
| 3 |
Jane Street
New York
|
+$1.16M |
| 4 |
Morgan Stanley
New York
|
+$124K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$21.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$129K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$31.2K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$29.6K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$17K |
| 5 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
-$16.9K |
PFI Hedge Fund Activity: Q2 2014 in Review
17 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Financial Momentum ETF (PFI) for Q2 2014, worth a combined $14.1M — up 48% from $9.55M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PFI positions and 1 closed out — a net gain of 3 holders — while 4 added to existing stakes and 5 trimmed.
The largest buyer was Bank of America, adding an estimated $1.75M. The largest seller was Envestnet Asset Management, cutting an estimated $129K.
- 17 institutional investors held Invesco Dorsey Wright Financial Momentum ETF (PFI) as of Q2 2014, up from 14 in Q1 2014.
- Funds reported $14.1M of Invesco Dorsey Wright Financial Momentum ETF stock for Q2 2014, up 48% quarter-over-quarter.
- 4 funds opened new Invesco Dorsey Wright Financial Momentum ETF positions in Q2 2014 and 1 closed out, a net change of +3 holders.
- The largest Invesco Dorsey Wright Financial Momentum ETF buyer in Q2 2014 was Bank of America, an estimated $1.75M added.
- The largest Invesco Dorsey Wright Financial Momentum ETF seller in Q2 2014 was Envestnet Asset Management, an estimated $129K sold.
Based on aggregated 13F filings for Q2 2014.