Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
47 hedge funds and large institutions have $149M invested in Invesco Dorsey Wright Emerging Markets Momentum ETF in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 22 reducing their positions, and 9 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 48 → 47 (-1)
2.59% less ownership
Funds ownership: 55.26% → 52.67% (-2.6%)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
27% less capital invested
Capital invested by funds: $204M → $149M (-$54.8M)
45% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$3.61M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$1.64M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$1.11M |
| 4 |
HF
Hoxton Financial
Shepherdstown,
West Virginia
|
+$533K |
| 5 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$498K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$14.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$7.37M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$3.69M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.49M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
51
Cetera Advisors
Denver,
Colorado
| – | -$904K | -49,559 | Closed |
|
52
William Blair & Company
Chicago,
Illinois
| – | -$549K | -30,250 | Closed |
|
|
NPC
53
National Planning Corporation
El Segundo,
California
| – | -$444K | -24,409 | Closed |
|
|
PI
54
Placemark Investments
Chicago,
Illinois
| – | -$299K | -16,433 | Closed |
|
55
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$6K | -312 | Closed |
|
|
GI
56
Gradient Investments
Arden Hills,
Minnesota
| – | -$1K | -35 | Closed |
|
PIE Hedge Fund Activity: Q1 2014 in Review
47 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) for Q1 2014, worth a combined $149M — down 27% from $204M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PIE and 8 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 12 added.
The largest buyer was UBS, adding an estimated $3.61M. The largest seller was Morgan Stanley, cutting an estimated $14.6M.
- 47 institutional investors held Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) as of Q1 2014, down from 48 in Q4 2013.
- Funds reported $149M of Invesco Dorsey Wright Emerging Markets Momentum ETF stock for Q1 2014, down 27% quarter-over-quarter.
- 8 funds opened new Invesco Dorsey Wright Emerging Markets Momentum ETF positions in Q1 2014 and 9 closed out, a net change of -1 holder.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF buyer in Q1 2014 was UBS, an estimated $3.61M added.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF seller in Q1 2014 was Morgan Stanley, an estimated $14.6M sold.
Based on aggregated 13F filings for Q1 2014.