Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
69 hedge funds and large institutions have $138M invested in Invesco Dorsey Wright Emerging Markets Momentum ETF in 2021 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 21 increasing their positions, 26 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
6% more funds holding
Funds holding: 65 → 69 (+4)
1.5% less ownership
Funds ownership: 61.2% → 59.7% (-1.5%)
19% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 26
62% less capital inflows, than outflows
Capital inflows: $9.7M | Capital outflows: $25.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sound Financial Strategies Group
Madison,
Mississippi
|
+$3.29M |
| 2 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.44M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$995K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$416K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$379K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Freedom Investment Management
Hartford,
Connecticut
|
-$14.7M |
| 2 |
Geneos Wealth Management
Englewood,
Colorado
|
-$2.45M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.52M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.44M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.34M |
PIE Hedge Fund Activity: Q2 2021 in Review
69 of the 5,769 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) for Q2 2021, worth a combined $138M — up 0.27% from $138M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PIE positions and 6 closed out — a net gain of 6 holders — while 21 added to existing stakes and 26 trimmed.
The largest buyer was Sound Financial Strategies Group, opening a new position worth an estimated $3.29M. The largest seller was Freedom Investment Management, exiting entirely with an estimated $14.7M sold.
- 69 institutional investors held Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) as of Q2 2021, up from 65 in Q1 2021.
- Funds reported $138M of Invesco Dorsey Wright Emerging Markets Momentum ETF stock for Q2 2021, up 0.27% quarter-over-quarter.
- 12 funds opened new Invesco Dorsey Wright Emerging Markets Momentum ETF positions in Q2 2021 and 6 closed out, a net change of +6 holders.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF buyer in Q2 2021 was Sound Financial Strategies Group, an estimated $3.29M added.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF seller in Q2 2021 was Freedom Investment Management, an estimated $14.7M sold.
Based on aggregated 13F filings for Q2 2021.