Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
53 hedge funds and large institutions have $62.5M invested in Invesco Dorsey Wright Emerging Markets Momentum ETF in 2025 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 24 reducing their positions, and 6 closing their positions.
8% more capital invested
Capital invested by funds: $57.7M → $62.5M (+$4.76M)
0.9% less ownership
Funds ownership: 63.71% → 62.81% (-0.9%)
2% less funds holding
Funds holding: 54 → 53 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
42% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.36M |
| 2 |
LCM
Lunt Capital Management
Holladay,
Utah
|
+$714K |
| 3 |
MHS
M Holdings Securities
Portland,
Oregon
|
+$648K |
| 4 |
EH
Equitable Holdings
New York
|
+$523K |
| 5 |
WA
Whipplewood Advisors
Littleton,
Colorado
|
+$385K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.07M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.19M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
-$1.18M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$788K |
| 5 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$542K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CIAS
51
Capital Investment Advisory Services
Raleigh,
North Carolina
| $2.05K | -$4.8K | -253 | -72% |
|
|
FFA
52
Farther Finance Advisors
San Francisco,
California
| $1.26K | – | – | – |
|
|
OSAM
53
O'Shaughnessy Asset Management
Stamford,
Connecticut
| $42 | -$27.7K | -1,460 | -100% |
|
|
54
Citadel Advisors
Miami,
Florida
| – | -$1.19M | -65,382 | Closed |
|
|
FTUS
55
Flow Traders U.S.
New York
| – | -$788K | -43,319 | Closed |
|
|
CWC
56
Carolinas Wealth Consulting
Charlotte,
North Carolina
| – | -$179K | -9,852 | Closed |
|
57
Bessemer Group
Woodbridge,
New Jersey
| – | -$16K | -900 | Closed |
|
|
RFA
58
Register Financial Advisors
Atlanta,
Georgia
| – | -$9.15K | -503 | Closed |
|
|
IA
59
IFP Advisors
Tampa,
Florida
| – | -$1.67K | -92 | Closed |
|
PIE Hedge Fund Activity: Q2 2025 in Review
53 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) for Q2 2025, worth a combined $62.5M — up 8.3% from $57.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PIE and 5 opened new positions — a net loss of 1 holder — while 24 trimmed existing stakes and 14 added.
The largest buyer was Jane Street, adding an estimated $2.36M. The largest seller was Morgan Stanley, cutting an estimated $2.07M.
- 53 institutional investors held Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) as of Q2 2025, down from 54 in Q1 2025.
- Funds reported $62.5M of Invesco Dorsey Wright Emerging Markets Momentum ETF stock for Q2 2025, up 8.3% quarter-over-quarter.
- 5 funds opened new Invesco Dorsey Wright Emerging Markets Momentum ETF positions in Q2 2025 and 6 closed out, a net change of -1 holder.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF buyer in Q2 2025 was Jane Street, an estimated $2.36M added.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF seller in Q2 2025 was Morgan Stanley, an estimated $2.07M sold.
Based on aggregated 13F filings for Q2 2025.