Invesco Dorsey Wright Financial Momentum ETF
33 hedge funds and large institutions have $31.4M invested in Invesco Dorsey Wright Financial Momentum ETF in 2021 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 6 closing their positions.
6% less funds holding
Funds holding: 35 → 33 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
38.89% less ownership
Funds ownership: 84.69% → 45.81% (-39%)
40% less capital invested
Capital invested by funds: $52.6M → $31.4M (-$21.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EWP
Engrave Wealth Partners
The Woodlands,
Texas
|
+$8.17M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$609K |
| 3 |
MWM
MinichMacGregor Wealth Management
Saratoga Springs,
New York
|
+$374K |
| 4 |
Jane Street
New York
|
+$232K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$133K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$28.9M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.73M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$807K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$176K |
| 5 |
EP
Eudaimonia Partners
Winchester,
Tennessee
|
-$163K |
PFI Hedge Fund Activity: Q2 2021 in Review
33 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Financial Momentum ETF (PFI) for Q2 2021, worth a combined $31.4M — down 40% from $52.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PFI and 4 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 7 added.
The largest buyer was Engrave Wealth Partners, opening a new position worth an estimated $8.17M. The largest seller was Citigroup, exiting entirely with an estimated $28.9M sold.
- 33 institutional investors held Invesco Dorsey Wright Financial Momentum ETF (PFI) as of Q2 2021, down from 35 in Q1 2021.
- Funds reported $31.4M of Invesco Dorsey Wright Financial Momentum ETF stock for Q2 2021, down 40% quarter-over-quarter.
- 4 funds opened new Invesco Dorsey Wright Financial Momentum ETF positions in Q2 2021 and 6 closed out, a net change of -2 holders.
- The largest Invesco Dorsey Wright Financial Momentum ETF buyer in Q2 2021 was Engrave Wealth Partners, an estimated $8.17M added.
- The largest Invesco Dorsey Wright Financial Momentum ETF seller in Q2 2021 was Citigroup, an estimated $28.9M sold.
Based on aggregated 13F filings for Q2 2021.