Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
71 hedge funds and large institutions have $262M invested in Invesco Dorsey Wright Developed Markets Momentum ETF in 2025 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 22 increasing their positions, 21 reducing their positions, and 5 closing their positions.
260% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 5
91% more capital invested
Capital invested by funds: $138M → $262M (+$125M)
20% more funds holding
Funds holding: 59 → 71 (+12)
3.08% more ownership
Funds ownership: 70.14% → 73.22% (+3.1%)
5% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$31.4M |
| 2 |
CFD
Creative Financial Designs
Kokomo,
Indiana
|
+$12.4M |
| 3 |
Morgan Stanley
New York
|
+$11.9M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
+$7.49M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$6.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.53M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$1.05M |
| 3 |
SL
Systelligence LLC
Bloomington,
Minnesota
|
-$606K |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$571K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$410K |
PIZ Hedge Fund Activity: Q2 2025 in Review
71 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Developed Markets Momentum ETF (PIZ) for Q2 2025, worth a combined $262M — up 91% from $138M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new PIZ positions and 5 closed out — a net gain of 13 holders — while 22 added to existing stakes and 21 trimmed.
The largest buyer was Wells Fargo, adding an estimated $31.4M. The largest seller was Jane Street, exiting entirely with an estimated $1.53M sold.
- 71 institutional investors held Invesco Dorsey Wright Developed Markets Momentum ETF (PIZ) as of Q2 2025, up from 59 in Q1 2025.
- Funds reported $262M of Invesco Dorsey Wright Developed Markets Momentum ETF stock for Q2 2025, up 91% quarter-over-quarter.
- 18 funds opened new Invesco Dorsey Wright Developed Markets Momentum ETF positions in Q2 2025 and 5 closed out, a net change of +13 holders.
- The largest Invesco Dorsey Wright Developed Markets Momentum ETF buyer in Q2 2025 was Wells Fargo, an estimated $31.4M added.
- The largest Invesco Dorsey Wright Developed Markets Momentum ETF seller in Q2 2025 was Jane Street, an estimated $1.53M sold.
Based on aggregated 13F filings for Q2 2025.