Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
64 hedge funds and large institutions have $112M invested in Invesco Dorsey Wright Emerging Markets Momentum ETF in 2026 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 26 increasing their positions, 14 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
86% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 14
56% more capital invested
Capital invested by funds: $71.7M → $112M (+$40.4M)
10.55% more ownership
Funds ownership: 61.25% → 71.8% (+11%)
5% more funds holding
Funds holding: 61 → 64 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$7.81M |
| 2 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$6.73M |
| 3 |
LPL Financial
San Diego,
California
|
+$5.42M |
| 4 |
Jane Street
New York
|
+$2.84M |
| 5 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$2.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$814K |
| 2 |
MWM
MorganRosel Wealth Management
Highlands Ranch,
Colorado
|
-$307K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$294K |
| 4 |
Goldman Sachs
New York
|
-$277K |
| 5 |
HF
HRT Financial
New York
|
-$276K |
PIE Hedge Fund Activity: Q1 2026 in Review
64 of the 8,191 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) for Q1 2026, worth a combined $112M — up 56% from $71.7M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PIE positions and 7 closed out — a net gain of 6 holders — while 26 added to existing stakes and 14 trimmed.
The largest buyer was Wells Fargo, adding an estimated $7.81M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $814K sold.
- 64 institutional investors held Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) as of Q1 2026, up from 61 in Q4 2025.
- Funds reported $112M of Invesco Dorsey Wright Emerging Markets Momentum ETF stock for Q1 2026, up 56% quarter-over-quarter.
- 13 funds opened new Invesco Dorsey Wright Emerging Markets Momentum ETF positions in Q1 2026 and 7 closed out, a net change of +6 holders.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF buyer in Q1 2026 was Wells Fargo, an estimated $7.81M added.
- The largest Invesco Dorsey Wright Emerging Markets Momentum ETF seller in Q1 2026 was Susquehanna International Group, an estimated $814K sold.
Based on aggregated 13F filings for Q1 2026.