Invesco Dorsey Wright Financial Momentum ETF
41 hedge funds and large institutions have $43M invested in Invesco Dorsey Wright Financial Momentum ETF in 2022 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 16 reducing their positions, and 10 closing their positions.
0.19% less ownership
Funds ownership: 46.55% → 46.36% (-0.19%)
13% less funds holding
Funds holding: 47 → 41 (-6)
18% less capital invested
Capital invested by funds: $52.7M → $43M (-$9.66M)
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$650K |
| 2 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$494K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$477K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$467K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$456K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.76M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.13M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.01M |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$987K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$850K |
PFI Hedge Fund Activity: Q1 2022 in Review
41 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Financial Momentum ETF (PFI) for Q1 2022, worth a combined $43M — down 18% from $52.7M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PFI and 6 opened new positions — a net loss of 4 holders — while 16 trimmed existing stakes and 11 added.
The largest buyer was IMC Chicago, opening a new position worth an estimated $650K. The largest seller was Royal Bank of Canada, cutting an estimated $1.76M.
- 41 institutional investors held Invesco Dorsey Wright Financial Momentum ETF (PFI) as of Q1 2022, down from 47 in Q4 2021.
- Funds reported $43M of Invesco Dorsey Wright Financial Momentum ETF stock for Q1 2022, down 18% quarter-over-quarter.
- 6 funds opened new Invesco Dorsey Wright Financial Momentum ETF positions in Q1 2022 and 10 closed out, a net change of -4 holders.
- The largest Invesco Dorsey Wright Financial Momentum ETF buyer in Q1 2022 was IMC Chicago, an estimated $650K added.
- The largest Invesco Dorsey Wright Financial Momentum ETF seller in Q1 2022 was Royal Bank of Canada, an estimated $1.76M sold.
Based on aggregated 13F filings for Q1 2022.