Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
66 hedge funds and large institutions have $358M invested in Invesco Dorsey Wright Developed Markets Momentum ETF in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 22 increasing their positions, 34 reducing their positions, and 10 closing their positions.
1.21% more ownership
Funds ownership: 63.98% → 65.18% (+1.2%)
6% less funds holding
Funds holding: 70 → 66 (-4)
27% less capital invested
Capital invested by funds: $488M → $358M (-$130M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
35% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 34
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
93% less call options, than puts
Call options by funds: $15K | Put options by funds: $216K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$7.25M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.87M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$632K |
| 4 |
SFI
SPC Financial Inc
Rockville,
Maryland
|
+$546K |
| 5 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$433K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$26.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$21.6M |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$13.7M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$7.06M |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$5.7M |
PIZ Hedge Fund Activity: Q3 2014 in Review
66 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Developed Markets Momentum ETF (PIZ) for Q3 2014, worth a combined $358M — down 27% from $488M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PIZ and 6 opened new positions — a net loss of 4 holders — while 34 trimmed existing stakes and 22 added.
The largest buyer was Goldman Sachs, adding an estimated $7.25M. The largest seller was Morgan Stanley, cutting an estimated $26.5M.
- 66 institutional investors held Invesco Dorsey Wright Developed Markets Momentum ETF (PIZ) as of Q3 2014, down from 70 in Q2 2014.
- Funds reported $358M of Invesco Dorsey Wright Developed Markets Momentum ETF stock for Q3 2014, down 27% quarter-over-quarter.
- 6 funds opened new Invesco Dorsey Wright Developed Markets Momentum ETF positions in Q3 2014 and 10 closed out, a net change of -4 holders.
- The largest Invesco Dorsey Wright Developed Markets Momentum ETF buyer in Q3 2014 was Goldman Sachs, an estimated $7.25M added.
- The largest Invesco Dorsey Wright Developed Markets Momentum ETF seller in Q3 2014 was Morgan Stanley, an estimated $26.5M sold.
Based on aggregated 13F filings for Q3 2014.