Invesco Dorsey Wright Financial Momentum ETF
40 hedge funds and large institutions have $45.4M invested in Invesco Dorsey Wright Financial Momentum ETF in 2021 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 5 closing their positions.
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
45% more capital invested
Capital invested by funds: $31.4M → $45.4M (+$14.1M)
21% more funds holding
Funds holding: 33 → 40 (+7)
7.73% less ownership
Funds ownership: 45.81% → 38.08% (-7.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$5.33M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$3.54M |
| 3 |
LPL Financial
San Diego,
California
|
+$3.39M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.96M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EWP
Engrave Wealth Partners
The Woodlands,
Texas
|
-$8.18M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.72M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
-$582K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$324K |
| 5 |
Jane Street
New York
|
-$233K |
PFI Hedge Fund Activity: Q3 2021 in Review
40 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Financial Momentum ETF (PFI) for Q3 2021, worth a combined $45.4M — up 45% from $31.4M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new PFI positions and 5 closed out — a net gain of 9 holders — while 12 added to existing stakes and 5 trimmed.
The largest buyer was Janney Montgomery Scott, opening a new position worth an estimated $5.33M. The largest seller was Engrave Wealth Partners, exiting entirely with an estimated $8.18M sold.
- 40 institutional investors held Invesco Dorsey Wright Financial Momentum ETF (PFI) as of Q3 2021, up from 33 in Q2 2021.
- Funds reported $45.4M of Invesco Dorsey Wright Financial Momentum ETF stock for Q3 2021, up 45% quarter-over-quarter.
- 14 funds opened new Invesco Dorsey Wright Financial Momentum ETF positions in Q3 2021 and 5 closed out, a net change of +9 holders.
- The largest Invesco Dorsey Wright Financial Momentum ETF buyer in Q3 2021 was Janney Montgomery Scott, an estimated $5.33M added.
- The largest Invesco Dorsey Wright Financial Momentum ETF seller in Q3 2021 was Engrave Wealth Partners, an estimated $8.18M sold.
Based on aggregated 13F filings for Q3 2021.