Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
41 hedge funds and large institutions have $69.6M invested in Invesco Dorsey Wright Emerging Markets Momentum ETF in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 13 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
3% less capital invested
Capital invested by funds: $71.9M → $69.6M (-$2.31M)
6.7% less ownership
Funds ownership: 52.39% → 45.69% (-6.7%)
15% less funds holding
Funds holding: 48 → 41 (-7)
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$3.98M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.67M |
| 3 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$1.56M |
| 4 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$1.41M |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$5.85M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.96M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$2.69M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$1.78M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.67M |
PIE Hedge Fund Activity: Q1 2017 in Review
41 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) for Q1 2017, worth a combined $69.6M — down 3.2% from $71.9M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of PIE and 7 opened new positions — a net loss of 6 holders — while 11 trimmed existing stakes and 17 added.
The largest buyer was Brinker Capital Investments, opening a new position worth an estimated $3.98M. The largest seller was United Capital Financial Advisors, cutting an estimated $5.85M.
- 41 institutional investors held Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) as of Q1 2017, down from 48 in Q4 2016.
- Funds reported $69.6M of Invesco Dorsey Wright Emerging Markets Momentum ETF stock for Q1 2017, down 3.2% quarter-over-quarter.
- 7 funds opened new Invesco Dorsey Wright Emerging Markets Momentum ETF positions in Q1 2017 and 13 closed out, a net change of -6 holders.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF buyer in Q1 2017 was Brinker Capital Investments, an estimated $3.98M added.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF seller in Q1 2017 was United Capital Financial Advisors, an estimated $5.85M sold.
Based on aggregated 13F filings for Q1 2017.