Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
76 hedge funds and large institutions have $193M invested in Invesco Dorsey Wright Emerging Markets Momentum ETF in 2026 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 27 increasing their positions, 20 reducing their positions, and 4 closing their positions.
325% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 4
72% more capital invested
Capital invested by funds: $112M → $193M (+$80.6M)
35% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 20
19% more funds holding
Funds holding: 64 → 76 (+12)
1.72% more ownership
Funds ownership: 71.8% → 73.51% (+1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$32.6M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.95M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
+$3.22M |
| 4 |
WWMP
Wagner Wealth Management (Pennsylvania)
Conyngham,
Pennsylvania
|
+$2.93M |
| 5 |
PAG
Private Advisory Group
Redmond,
Washington
|
+$1.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.3M |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$1.19M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$788K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$719K |
| 5 |
Goldman Sachs
New York
|
-$616K |
PIE Hedge Fund Activity: Q2 2026 in Review
76 of the 8,317 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) for Q2 2026, worth a combined $193M — up 72% from $112M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PIE positions and 4 closed out — a net gain of 13 holders — while 27 added to existing stakes and 20 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $32.6M. The largest seller was Jane Street, cutting an estimated $3.3M.
- 76 institutional investors held Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) as of Q2 2026, up from 64 in Q1 2026.
- Funds reported $193M of Invesco Dorsey Wright Emerging Markets Momentum ETF stock for Q2 2026, up 72% quarter-over-quarter.
- 17 funds opened new Invesco Dorsey Wright Emerging Markets Momentum ETF positions in Q2 2026 and 4 closed out, a net change of +13 holders.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF buyer in Q2 2026 was Morgan Stanley, an estimated $32.6M added.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF seller in Q2 2026 was Jane Street, an estimated $3.3M sold.
Based on aggregated 13F filings for Q2 2026.