Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
48 hedge funds and large institutions have $204M invested in Invesco Dorsey Wright Emerging Markets Momentum ETF in 2013 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 18 increasing their positions, 13 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
38% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 13
16% more capital invested
Capital invested by funds: $177M → $204M (+$27.6M)
9% more funds holding
Funds holding: 44 → 48 (+4)
0.77% more ownership
Funds ownership: 54.5% → 55.26% (+0.77%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
Hoxton Financial
Shepherdstown,
West Virginia
|
+$10.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$6.61M |
| 3 |
B
Baird
Milwaukee,
Wisconsin
|
+$4.05M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$3.47M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.85M |
| 2 |
AFG
Albion Financial Group
Salt Lake City,
Utah
|
-$1.58M |
| 3 |
MG
Mather Group
Chicago,
Illinois
|
-$1.5M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.16M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$788K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MG
51
Mather Group
Chicago,
Illinois
| – | -$1.5M | -82,924 | Closed |
|
52
Comerica Bank
Dallas,
Texas
| – | -$339K | -18,774 | Closed |
|
|
VFS
53
VSR Financial Services
Overland Park,
Kansas
| – | -$208K | -11,533 | Closed |
|
54
Nomura Holdings
Tokyo,
Japan
| – | -$190K | -10,497 | Closed |
|
|
MAS
55
Madden Advisory Services
Jacksonville,
Florida
| – | -$41K | -2,260 | Closed |
|
PIE Hedge Fund Activity: Q4 2013 in Review
48 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) for Q4 2013, worth a combined $204M — up 16% from $177M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PIE positions and 6 closed out — a net gain of 5 holders — while 18 added to existing stakes and 13 trimmed.
The largest buyer was Hoxton Financial, opening a new position worth an estimated $10.4M. The largest seller was Morgan Stanley, cutting an estimated $4.85M.
- 48 institutional investors held Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) as of Q4 2013, up from 44 in Q3 2013.
- Funds reported $204M of Invesco Dorsey Wright Emerging Markets Momentum ETF stock for Q4 2013, up 16% quarter-over-quarter.
- 11 funds opened new Invesco Dorsey Wright Emerging Markets Momentum ETF positions in Q4 2013 and 6 closed out, a net change of +5 holders.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF buyer in Q4 2013 was Hoxton Financial, an estimated $10.4M added.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF seller in Q4 2013 was Morgan Stanley, an estimated $4.85M sold.
Based on aggregated 13F filings for Q4 2013.