Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
48 hedge funds and large institutions have $71.9M invested in Invesco Dorsey Wright Emerging Markets Momentum ETF in 2016 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 11 increasing their positions, 23 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
7% more funds holding
Funds holding: 45 → 48 (+3)
2.41% less ownership
Funds ownership: 54.79% → 52.39% (-2.4%)
26% less capital invested
Capital invested by funds: $97.1M → $71.9M (-$25.2M)
52% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$2.81M |
| 2 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$1.36M |
| 3 |
Goldman Sachs
New York
|
+$1.28M |
| 4 |
Jane Street
New York
|
+$1.07M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WF
WealthTrust Fairport
Cleveland,
Ohio
|
-$11.5M |
| 2 |
Morgan Stanley
New York
|
-$6.57M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.02M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$1.28M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$859K |
PIE Hedge Fund Activity: Q4 2016 in Review
48 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) for Q4 2016, worth a combined $71.9M — down 26% from $97.1M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PIE positions and 8 closed out — a net gain of 3 holders — while 11 added to existing stakes and 23 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $2.81M. The largest seller was WealthTrust Fairport, cutting an estimated $11.5M.
- 48 institutional investors held Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) as of Q4 2016, up from 45 in Q3 2016.
- Funds reported $71.9M of Invesco Dorsey Wright Emerging Markets Momentum ETF stock for Q4 2016, down 26% quarter-over-quarter.
- 11 funds opened new Invesco Dorsey Wright Emerging Markets Momentum ETF positions in Q4 2016 and 8 closed out, a net change of +3 holders.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF buyer in Q4 2016 was Citadel Advisors, an estimated $2.81M added.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF seller in Q4 2016 was WealthTrust Fairport, an estimated $11.5M sold.
Based on aggregated 13F filings for Q4 2016.