Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
44 hedge funds and large institutions have $167M invested in Invesco Dorsey Wright Emerging Markets Momentum ETF in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 17 increasing their positions, 20 reducing their positions, and 14 closing their positions.
15% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 20
21% less funds holding
Funds holding: 56 → 44 (-12)
73% less capital inflows, than outflows
Capital inflows: $15.3M | Capital outflows: $55.6M
79% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 14
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.87M |
| 2 |
UBS
Zurich,
Switzerland
|
+$2.54M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.86M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.48M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
Hoxton Financial
Shepherdstown,
West Virginia
|
-$9.45M |
| 2 |
Morgan Stanley
New York
|
-$9.45M |
| 3 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$7.2M |
| 4 |
Goldman Sachs
New York
|
-$6.36M |
| 5 |
First Allied Asset Management
San Diego,
California
|
-$4.97M |
PIE Hedge Fund Activity: Q3 2013 in Review
44 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) for Q3 2013, worth a combined $167M — down 19% from $207M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of PIE and 3 opened new positions — a net loss of 11 holders — while 20 trimmed existing stakes and 17 added.
The largest buyer was Wells Fargo, adding an estimated $3.87M. The largest seller was Hoxton Financial, exiting entirely with an estimated $9.45M sold.
- 44 institutional investors held Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) as of Q3 2013, down from 56 in Q2 2013.
- Funds reported $167M of Invesco Dorsey Wright Emerging Markets Momentum ETF stock for Q3 2013, down 19% quarter-over-quarter.
- 3 funds opened new Invesco Dorsey Wright Emerging Markets Momentum ETF positions in Q3 2013 and 14 closed out, a net change of -11 holders.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF buyer in Q3 2013 was Wells Fargo, an estimated $3.87M added.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF seller in Q3 2013 was Hoxton Financial, an estimated $9.45M sold.
Based on aggregated 13F filings for Q3 2013.