Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
58 hedge funds and large institutions have $74.6M invested in Invesco Dorsey Wright Emerging Markets Momentum ETF in 2025 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 17 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
19% more capital invested
Capital invested by funds: $62.5M → $74.6M (+$12.1M)
12% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 17
9% more funds holding
Funds holding: 53 → 58 (+5)
1.05% less ownership
Funds ownership: 62.81% → 61.76% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
+$6.94M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$6.34M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$812K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$609K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$419K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MHS
M Holdings Securities
Portland,
Oregon
|
-$8.42M |
| 2 |
Jane Street
New York
|
-$3.05M |
| 3 |
DSCM
Del-Sette Capital Management
Schenectady,
New York
|
-$2.58M |
| 4 |
Morgan Stanley
New York
|
-$265K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$262K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MCM
51
MAI Capital Management
Independence,
Ohio
| $5.42K | +$23 | +1 | +0.5% |
|
52
Bank of America
Charlotte,
North Carolina
| $4.88K | – | – | – |
|
|
AWM
53
AE Wealth Management
Topeka,
Kansas
| $3.42K | +$3.17K | +140 | New |
|
|
DFA
54
DHJJ Financial Advisors
Naperville,
Illinois
| $2.85K | – | – | – |
|
|
CIAS
55
Capital Investment Advisory Services
Raleigh,
North Carolina
| $2.39K | – | – | – |
|
|
NA
56
NewEdge Advisors
New Orleans,
Louisiana
| $1.66K | -$859 | -38 | -36% |
|
|
FFA
57
Farther Finance Advisors
San Francisco,
California
| $1.46K | – | – | – |
|
|
OSAM
58
O'Shaughnessy Asset Management
Stamford,
Connecticut
| $49 | – | – | – |
|
|
PSFG
59
Park Square Financial Group
Roswell,
Georgia
| – | -$9.3K | -444 | Closed |
|
|
AAS
60
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$5.72K | -273 | Closed |
|
PIE Hedge Fund Activity: Q3 2025 in Review
58 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) for Q3 2025, worth a combined $74.6M — up 19% from $62.5M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PIE positions and 2 closed out — a net gain of 7 holders — while 19 added to existing stakes and 17 trimmed.
The largest buyer was Raymond James Financial, adding an estimated $6.94M. The largest seller was M Holdings Securities, cutting an estimated $8.42M.
- 58 institutional investors held Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) as of Q3 2025, up from 53 in Q2 2025.
- Funds reported $74.6M of Invesco Dorsey Wright Emerging Markets Momentum ETF stock for Q3 2025, up 19% quarter-over-quarter.
- 9 funds opened new Invesco Dorsey Wright Emerging Markets Momentum ETF positions in Q3 2025 and 2 closed out, a net change of +7 holders.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF buyer in Q3 2025 was Raymond James Financial, an estimated $6.94M added.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF seller in Q3 2025 was M Holdings Securities, an estimated $8.42M sold.
Based on aggregated 13F filings for Q3 2025.