Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
56 hedge funds and large institutions have $159M invested in Invesco Dorsey Wright Emerging Markets Momentum ETF in 2014 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 30 reducing their positions, and 11 closing their positions.
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
5% less funds holding
Funds holding: 59 → 56 (-3)
9.64% less ownership
Funds ownership: 59.56% → 49.92% (-9.6%)
35% less capital invested
Capital invested by funds: $244M → $159M (-$85.3M)
67% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 30
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$4.65M |
| 2 |
Jane Street
New York
|
+$1.47M |
| 3 |
AIG
American International Group
New York
|
+$920K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$874K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$737K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$16.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$10.4M |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$8.33M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$7.05M |
| 5 |
Goldman Sachs
New York
|
-$5.77M |
PIE Hedge Fund Activity: Q4 2014 in Review
56 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) for Q4 2014, worth a combined $159M — down 35% from $244M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PIE and 10 opened new positions — a net loss of 1 holder — while 30 trimmed existing stakes and 10 added.
The largest buyer was Virtu KCG Holdings, opening a new position worth an estimated $4.65M. The largest seller was Morgan Stanley, cutting an estimated $16.7M.
- 56 institutional investors held Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) as of Q4 2014, down from 59 in Q3 2014.
- Funds reported $159M of Invesco Dorsey Wright Emerging Markets Momentum ETF stock for Q4 2014, down 35% quarter-over-quarter.
- 10 funds opened new Invesco Dorsey Wright Emerging Markets Momentum ETF positions in Q4 2014 and 11 closed out, a net change of -1 holder.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF buyer in Q4 2014 was Virtu KCG Holdings, an estimated $4.65M added.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF seller in Q4 2014 was Morgan Stanley, an estimated $16.7M sold.
Based on aggregated 13F filings for Q4 2014.