Invesco Dorsey Wright Financial Momentum ETF
27 hedge funds and large institutions have $10.8M invested in Invesco Dorsey Wright Financial Momentum ETF in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 16 reducing their positions, and 12 closing their positions.
27% less funds holding
Funds holding: 37 → 27 (-10)
29.63% less ownership
Funds ownership: 66.61% → 36.98% (-30%)
72% less capital invested
Capital invested by funds: $37.8M → $10.8M (-$27M)
75% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 16
83% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMC
Private Capital Management (Colorado)
Denver,
Colorado
|
+$27.2K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$25.6K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$543 |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$209 |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$125 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$11.3M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$4.84M |
| 3 |
LPL Financial
San Diego,
California
|
-$3.02M |
| 4 |
CPC
Consolidated Planning Corp
Atlanta,
Georgia
|
-$1.67M |
| 5 |
GCA
Genesee Capital Advisors
Auburn,
New York
|
-$1.08M |
PFI Hedge Fund Activity: Q1 2023 in Review
27 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Financial Momentum ETF (PFI) for Q1 2023, worth a combined $10.8M — down 72% from $37.8M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of PFI and 2 opened new positions — a net loss of 10 holders — while 16 trimmed existing stakes and 4 added.
The largest buyer was Private Capital Management (Colorado), opening a new position worth an estimated $27.2K. The largest seller was Transamerica Financial Advisors, cutting an estimated $11.3M.
- 27 institutional investors held Invesco Dorsey Wright Financial Momentum ETF (PFI) as of Q1 2023, down from 37 in Q4 2022.
- Funds reported $10.8M of Invesco Dorsey Wright Financial Momentum ETF stock for Q1 2023, down 72% quarter-over-quarter.
- 2 funds opened new Invesco Dorsey Wright Financial Momentum ETF positions in Q1 2023 and 12 closed out, a net change of -10 holders.
- The largest Invesco Dorsey Wright Financial Momentum ETF buyer in Q1 2023 was Private Capital Management (Colorado), an estimated $27.2K added.
- The largest Invesco Dorsey Wright Financial Momentum ETF seller in Q1 2023 was Transamerica Financial Advisors, an estimated $11.3M sold.
Based on aggregated 13F filings for Q1 2023.