Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
52 hedge funds and large institutions have $98.5M invested in Invesco Dorsey Wright Emerging Markets Momentum ETF in 2017 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 19 increasing their positions, 12 reducing their positions, and 6 closing their positions.
183% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 6
58% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 12
42% more capital invested
Capital invested by funds: $69.6M → $98.5M (+$28.9M)
27% more funds holding
Funds holding: 41 → 52 (+11)
9.5% more ownership
Funds ownership: 45.69% → 55.19% (+9.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
+$4.34M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.02M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$2.93M |
| 4 |
SFI
SPC Financial Inc
Rockville,
Maryland
|
+$2.88M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$2.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.06M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$1.99M |
| 3 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$1.45M |
| 4 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$456K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$363K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
51
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $1K | +$1.35K | +80 | New |
|
|
FIM
52
Freedom Investment Management
Hartford,
Connecticut
| – | -$1.45M | -88,326 | Closed |
|
|
CWM
53
Concert Wealth Management
San Jose,
California
| – | -$185K | -12,724 | Closed |
|
|
AI
54
Atria Investments
Charlotte,
North Carolina
| – | -$172K | -10,483 | Closed |
|
|
FAAS
55
First Allied Advisory Services
San Diego,
California
| – | -$169K | -10,322 | Closed |
|
|
EA
56
Edge Advisors
Atlanta,
Georgia
| – | -$34K | -2,100 | Closed |
|
57
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$5K | -298 | Closed |
|
PIE Hedge Fund Activity: Q2 2017 in Review
52 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) for Q2 2017, worth a combined $98.5M — up 42% from $69.6M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PIE positions and 6 closed out — a net gain of 11 holders — while 19 added to existing stakes and 12 trimmed.
The largest buyer was MML Investors Services, opening a new position worth an estimated $4.34M. The largest seller was Envestnet Asset Management, cutting an estimated $2.06M.
- 52 institutional investors held Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) as of Q2 2017, up from 41 in Q1 2017.
- Funds reported $98.5M of Invesco Dorsey Wright Emerging Markets Momentum ETF stock for Q2 2017, up 42% quarter-over-quarter.
- 17 funds opened new Invesco Dorsey Wright Emerging Markets Momentum ETF positions in Q2 2017 and 6 closed out, a net change of +11 holders.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF buyer in Q2 2017 was MML Investors Services, an estimated $4.34M added.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF seller in Q2 2017 was Envestnet Asset Management, an estimated $2.06M sold.
Based on aggregated 13F filings for Q2 2017.