We are live on ! Find out more
PIE icon

Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE

61 hedge funds and large institutions have $71.7M invested in Invesco Dorsey Wright Emerging Markets Momentum ETF in 2025 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 15 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 15

50% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 6

5% more funds holding

Funds holding: 58 → 61 (+3)

0.51% less ownership

Funds ownership: 61.76% → 61.25% (-0.51%)

4% less capital invested

Capital invested by funds: $74.6M → $71.7M (-$2.9M)

Holders
61
Holders Change
+3
Holders Change %
+5.17%
% of All Funds
0.74%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
9
Increased
24
Reduced
15
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Wells Fargo
Wells Fargo
California
+$1.45M
2
Goldman Sachs
Goldman Sachs
New York
+$826K
3
P
&Partners
Tennessee
+$574K
4
Raymond James Financial
Raymond James Financial
Florida
+$564K
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$383K

Top Sellers

1
NC
NewSquare Capital
Pennsylvania
-$1.61M
2
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$1.1M
3
MHS
M Holdings Securities
Oregon
-$957K
4
LCM
Lunt Capital Management
Utah
-$828K
5
UBS Group
UBS Group
Switzerland
-$704K
Name Holding Trade Value Shares
Change 		Change in
Stake
Raymond James Financial
1
Raymond James Financial
Florida
$21.1M +$564K +23,355 +3%
Wells Fargo
2
Wells Fargo
California
$14.3M +$1.45M +60,112 +11%
Morgan Stanley
3
Morgan Stanley
New York
$5.39M +$242K +10,038 +5%
MWM
4
Maltin Wealth Management
New Jersey
$3.94M +$129K +5,337 +3%
UBS Group
5
UBS Group
Switzerland
$3.88M -$704K -29,164 -15%
NC
6
NewSquare Capital
Pennsylvania
$2.76M -$1.61M -66,685 -36%
Stifel Financial
7
Stifel Financial
Missouri
$1.52M +$237K +9,833 +18%
LPL Financial
8
LPL Financial
California
$1.49M -$132K -5,472 -8%
Cambridge Investment Research Advisors
9
Cambridge Investment Research Advisors
Iowa
$1.37M -$16.4K -681 -1%
PFS
10
Prospera Financial Services
Texas
$1.29M -$74.8K -3,099 -5%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$1.21M +$181K +7,517 +17%
MWM
12
MorganRosel Wealth Management
Colorado
$1.14M +$112K +4,650 +11%
Jane Street
13
Jane Street
New York
$989K +$353K +14,631 +54%
Susquehanna International Group
14
Susquehanna International Group
Pennsylvania
$814K +$383K +15,879 +86%
Goldman Sachs
15
Goldman Sachs
New York
$809K +$826K +34,234 New
MML Investors Services
16
MML Investors Services
Massachusetts
$765K +$29K +1,203 +4%
P
17
&Partners
Tennessee
$764K +$574K +23,772 +278%
EH
18
Equitable Holdings
New York
$724K -$5.45K -226 -0.7%
TWM
19
Trueblood Wealth Management
Ohio
$696K +$21K +871 +3%
DSCM
20
Del-Sette Capital Management
New York
$520K -$41K -1,701 -7%
KWM
21
Kingsview Wealth Management
Oregon
$487K -$168K -6,962 -25%
IWM
22
IHT Wealth Management
Illinois
$457K +$4.44K +184 +1%
National Bank of Canada
23
National Bank of Canada
Quebec, Canada
$442K – – –
Northwestern Mutual Wealth Management
24
Northwestern Mutual Wealth Management
Wisconsin
$422K -$8.64K -358 -2%
Osaic Holdings
25
Osaic Holdings
Arizona
$402K +$196K +8,138 +92%
1
2 3

PIE Hedge Fund Activity: Q4 2025 in Review

61 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) for Q4 2025, worth a combined $71.7M — down 3.9% from $74.6M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new PIE positions and 6 closed out — a net gain of 3 holders — while 24 added to existing stakes and 15 trimmed.

The largest buyer was Wells Fargo, adding an estimated $1.45M. The largest seller was NewSquare Capital, cutting an estimated $1.61M.

  • 61 institutional investors held Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) as of Q4 2025, up from 58 in Q3 2025.
  • Funds reported $71.7M of Invesco Dorsey Wright Emerging Markets Momentum ETF stock for Q4 2025, down 3.9% quarter-over-quarter.
  • 9 funds opened new Invesco Dorsey Wright Emerging Markets Momentum ETF positions in Q4 2025 and 6 closed out, a net change of +3 holders.
  • The largest Invesco Dorsey Wright Emerging Markets Momentum ETF buyer in Q4 2025 was Wells Fargo, an estimated $1.45M added.
  • The largest Invesco Dorsey Wright Emerging Markets Momentum ETF seller in Q4 2025 was NewSquare Capital, an estimated $1.61M sold.

Based on aggregated 13F filings for Q4 2025.