Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
43 hedge funds and large institutions have $75.3M invested in Invesco Dorsey Wright Emerging Markets Momentum ETF in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 20 reducing their positions, and 10 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4.73% less ownership
Funds ownership: 52.38% → 47.65% (-4.7%)
10% less funds holding
Funds holding: 48 → 43 (-5)
17% less capital invested
Capital invested by funds: $91.2M → $75.3M (-$15.8M)
30% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 20
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$1.74M |
| 2 |
WF
WealthTrust Fairport
Cleveland,
Ohio
|
+$1.13M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$711K |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$355K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$344K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.46M |
| 2 |
Goldman Sachs
New York
|
-$4.7M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$1.61M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.08M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$1.04M |
PIE Hedge Fund Activity: Q1 2016 in Review
43 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) for Q1 2016, worth a combined $75.3M — down 17% from $91.2M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PIE and 5 opened new positions — a net loss of 5 holders — while 20 trimmed existing stakes and 14 added.
The largest buyer was Carson Wealth (CWM LLC), adding an estimated $1.74M. The largest seller was Morgan Stanley, cutting an estimated $6.46M.
- 43 institutional investors held Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) as of Q1 2016, down from 48 in Q4 2015.
- Funds reported $75.3M of Invesco Dorsey Wright Emerging Markets Momentum ETF stock for Q1 2016, down 17% quarter-over-quarter.
- 5 funds opened new Invesco Dorsey Wright Emerging Markets Momentum ETF positions in Q1 2016 and 10 closed out, a net change of -5 holders.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF buyer in Q1 2016 was Carson Wealth (CWM LLC), an estimated $1.74M added.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF seller in Q1 2016 was Morgan Stanley, an estimated $6.46M sold.
Based on aggregated 13F filings for Q1 2016.