Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
54 hedge funds and large institutions have $57.7M invested in Invesco Dorsey Wright Emerging Markets Momentum ETF in 2025 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 29 reducing their positions, and 4 closing their positions.
4% less funds holding
Funds holding: 56 → 54 (-2)
3.99% less ownership
Funds ownership: 67.7% → 63.71% (-4%)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
26% less capital invested
Capital invested by funds: $78.1M → $57.7M (-$20.4M)
62% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 29
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSCM
Del-Sette Capital Management
Schenectady,
New York
|
+$2.8M |
| 2 |
MHS
M Holdings Securities
Portland,
Oregon
|
+$744K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$412K |
| 4 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$133K |
| 5 |
MWM
MorganRosel Wealth Management
Highlands Ranch,
Colorado
|
+$76.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$8.83M |
| 2 |
MWM
Maltin Wealth Management
Ridgewood,
New Jersey
|
-$2.8M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$2.64M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.93M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$979K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of America
Charlotte,
North Carolina
| $3.64K | – | – | – |
|
|
NA
52
NewEdge Advisors
New Orleans,
Louisiana
| $1.93K | – | – | – |
|
|
IA
53
IFP Advisors
Tampa,
Florida
| $1.67K | +$1.74K | +92 | New |
|
|
FFA
54
Farther Finance Advisors
San Francisco,
California
| $1.1K | +$1.13K | +60 | New |
|
|
OMC
55
Old Mission Capital
Chicago,
Illinois
| – | -$8.83M | -459,570 | Closed |
|
56
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$326K | -16,976 | Closed |
|
|
EBA
57
Eagle Bay Advisors
New York
| – | -$142K | -7,399 | Closed |
|
|
AWM
58
Avior Wealth Management
Omaha,
Nebraska
| – | -$44.4K | -2,308 | Closed |
|
PIE Hedge Fund Activity: Q1 2025 in Review
54 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) for Q1 2025, worth a combined $57.7M — down 26% from $78.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PIE and 3 opened new positions — a net loss of 1 holder — while 29 trimmed existing stakes and 11 added.
The largest buyer was Del-Sette Capital Management, opening a new position worth an estimated $2.8M. The largest seller was Old Mission Capital, exiting entirely with an estimated $8.83M sold.
- 54 institutional investors held Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) as of Q1 2025, down from 56 in Q4 2024.
- Funds reported $57.7M of Invesco Dorsey Wright Emerging Markets Momentum ETF stock for Q1 2025, down 26% quarter-over-quarter.
- 3 funds opened new Invesco Dorsey Wright Emerging Markets Momentum ETF positions in Q1 2025 and 4 closed out, a net change of -1 holder.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF buyer in Q1 2025 was Del-Sette Capital Management, an estimated $2.8M added.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF seller in Q1 2025 was Old Mission Capital, an estimated $8.83M sold.
Based on aggregated 13F filings for Q1 2025.