Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
66 hedge funds and large institutions have $104M invested in Invesco Dorsey Wright Emerging Markets Momentum ETF in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 20 reducing their positions, and 12 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 20
18% more capital invested
Capital invested by funds: $88.1M → $104M (+$15.6M)
4.65% more ownership
Funds ownership: 60.95% → 65.59% (+4.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 69 → 66 (-3)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$4.69M |
| 2 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$1.91M |
| 3 |
Morgan Stanley
New York
|
+$1.71M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.07M |
| 5 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$1.63M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$561K |
| 3 |
LPL Financial
San Diego,
California
|
-$465K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$336K |
| 5 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
-$335K |
PIE Hedge Fund Activity: Q1 2023 in Review
66 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) for Q1 2023, worth a combined $104M — up 18% from $88.1M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of PIE and 9 opened new positions — a net loss of 3 holders — while 20 trimmed existing stakes and 28 added.
The largest buyer was Jane Street, adding an estimated $4.69M. The largest seller was Northwestern Mutual Wealth Management, cutting an estimated $1.63M.
- 66 institutional investors held Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) as of Q1 2023, down from 69 in Q4 2022.
- Funds reported $104M of Invesco Dorsey Wright Emerging Markets Momentum ETF stock for Q1 2023, up 18% quarter-over-quarter.
- 9 funds opened new Invesco Dorsey Wright Emerging Markets Momentum ETF positions in Q1 2023 and 12 closed out, a net change of -3 holders.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF buyer in Q1 2023 was Jane Street, an estimated $4.69M added.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF seller in Q1 2023 was Northwestern Mutual Wealth Management, an estimated $1.63M sold.
Based on aggregated 13F filings for Q1 2023.