Invesco Dorsey Wright Financial Momentum ETF
29 hedge funds and large institutions have $16.8M invested in Invesco Dorsey Wright Financial Momentum ETF in 2018 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 12 closing their positions.
15.84% less ownership
Funds ownership: 60.41% → 44.57% (-16%)
19% less funds holding
Funds holding: 36 → 29 (-7)
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
58% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 12
61% less capital invested
Capital invested by funds: $43.1M → $16.8M (-$26.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.71M |
| 2 |
Jane Street
New York
|
+$1.54M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$637K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$253K |
| 5 |
Millennium Management
New York
|
+$225K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$15.1M |
| 2 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$4.44M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.77M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.61M |
| 5 |
Morgan Stanley
New York
|
-$1.6M |
PFI Hedge Fund Activity: Q3 2018 in Review
29 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Financial Momentum ETF (PFI) for Q3 2018, worth a combined $16.8M — down 61% from $43.1M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of PFI and 5 opened new positions — a net loss of 7 holders — while 11 trimmed existing stakes and 6 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $1.71M. The largest seller was Invesco, exiting entirely with an estimated $15.1M sold.
- 29 institutional investors held Invesco Dorsey Wright Financial Momentum ETF (PFI) as of Q3 2018, down from 36 in Q2 2018.
- Funds reported $16.8M of Invesco Dorsey Wright Financial Momentum ETF stock for Q3 2018, down 61% quarter-over-quarter.
- 5 funds opened new Invesco Dorsey Wright Financial Momentum ETF positions in Q3 2018 and 12 closed out, a net change of -7 holders.
- The largest Invesco Dorsey Wright Financial Momentum ETF buyer in Q3 2018 was Citadel Advisors, an estimated $1.71M added.
- The largest Invesco Dorsey Wright Financial Momentum ETF seller in Q3 2018 was Invesco, an estimated $15.1M sold.
Based on aggregated 13F filings for Q3 2018.