Invesco Dorsey Wright Financial Momentum ETF
24 hedge funds and large institutions have $9.12M invested in Invesco Dorsey Wright Financial Momentum ETF in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 5 closing their positions.
5% less capital invested
Capital invested by funds: $9.56M → $9.12M (-$444K)
1.69% less ownership
Funds ownership: 36.66% → 34.96% (-1.7%)
8% less funds holding
Funds holding: 26 → 24 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$249K |
| 2 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$91.9K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$14.7K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$5.84K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$254 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$366K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$258K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$219K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$205K |
| 5 |
LPL Financial
San Diego,
California
|
-$177K |
PFI Hedge Fund Activity: Q4 2023 in Review
24 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Financial Momentum ETF (PFI) for Q4 2023, worth a combined $9.12M — down 4.6% from $9.56M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PFI and 3 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 3 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $249K. The largest seller was Bank of America, cutting an estimated $366K.
- 24 institutional investors held Invesco Dorsey Wright Financial Momentum ETF (PFI) as of Q4 2023, down from 26 in Q3 2023.
- Funds reported $9.12M of Invesco Dorsey Wright Financial Momentum ETF stock for Q4 2023, down 4.6% quarter-over-quarter.
- 3 funds opened new Invesco Dorsey Wright Financial Momentum ETF positions in Q4 2023 and 5 closed out, a net change of -2 holders.
- The largest Invesco Dorsey Wright Financial Momentum ETF buyer in Q4 2023 was Susquehanna International Group, an estimated $249K added.
- The largest Invesco Dorsey Wright Financial Momentum ETF seller in Q4 2023 was Bank of America, an estimated $366K sold.
Based on aggregated 13F filings for Q4 2023.