Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
71 hedge funds and large institutions have $105M invested in Invesco Dorsey Wright Emerging Markets Momentum ETF in 2022 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 26 reducing their positions, and 12 closing their positions.
5.12% more ownership
Funds ownership: 55% → 60.12% (+5.1%)
8% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 26
5% less funds holding
Funds holding: 75 → 71 (-4)
9% less capital invested
Capital invested by funds: $116M → $105M (-$10.4M)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$6.56M |
| 2 |
LPL Financial
San Diego,
California
|
+$4.21M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$3.9M |
| 4 |
Morgan Stanley
New York
|
+$3.69M |
| 5 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Gateway Advisory
Westfield,
New Jersey
|
-$10M |
| 2 |
CF
Centaurus Financial
Anaheim,
California
|
-$1.16M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$816K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$677K |
| 5 |
MCM
Monument Capital Management
Alexandria,
Virginia
|
-$491K |
PIE Hedge Fund Activity: Q2 2022 in Review
71 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) for Q2 2022, worth a combined $105M — down 9% from $116M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of PIE and 9 opened new positions — a net loss of 3 holders — while 26 trimmed existing stakes and 24 added.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $6.56M. The largest seller was Gateway Advisory, exiting entirely with an estimated $10M sold.
- 71 institutional investors held Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) as of Q2 2022, down from 75 in Q1 2022.
- Funds reported $105M of Invesco Dorsey Wright Emerging Markets Momentum ETF stock for Q2 2022, down 9% quarter-over-quarter.
- 9 funds opened new Invesco Dorsey Wright Emerging Markets Momentum ETF positions in Q2 2022 and 12 closed out, a net change of -3 holders.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF buyer in Q2 2022 was Raymond James Financial Services Advisors, an estimated $6.56M added.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF seller in Q2 2022 was Gateway Advisory, an estimated $10M sold.
Based on aggregated 13F filings for Q2 2022.