Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
71 hedge funds and large institutions have $120M invested in Invesco Dorsey Wright Developed Markets Momentum ETF in 2018 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 14 increasing their positions, 30 reducing their positions, and 10 closing their positions.
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
9% more funds holding
Funds holding: 65 → 71 (+6)
10.22% less ownership
Funds ownership: 73.08% → 62.86% (-10%)
35% less capital invested
Capital invested by funds: $182M → $120M (-$63M)
53% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$3.71M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.45M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.9M |
| 4 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$1.56M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$849K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$30.2M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$5.03M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$3.36M |
| 4 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$3.23M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$2.56M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
CIBC World Market
Toronto,
Ontario, Canada
| – | -$203K | -7,403 | Closed |
|
|
SPIA
77
Steward Partners Investment Advisory
New York
| – | -$134K | -4,893 | Closed |
|
|
WSTAM
78
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
| – | -$62K | -2,250 | Closed |
|
|
IA
79
IFP Advisors
Tampa,
Florida
| – | -$42K | -1,534 | Closed |
|
|
PFGIA
80
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$10K | -352 | Closed |
|
PIZ Hedge Fund Activity: Q4 2018 in Review
71 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Developed Markets Momentum ETF (PIZ) for Q4 2018, worth a combined $120M — down 35% from $182M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PIZ positions and 10 closed out — a net gain of 6 holders — while 14 added to existing stakes and 30 trimmed.
The largest buyer was Carson Wealth (CWM LLC), adding an estimated $3.71M. The largest seller was Credit Suisse, exiting entirely with an estimated $30.2M sold.
- 71 institutional investors held Invesco Dorsey Wright Developed Markets Momentum ETF (PIZ) as of Q4 2018, up from 65 in Q3 2018.
- Funds reported $120M of Invesco Dorsey Wright Developed Markets Momentum ETF stock for Q4 2018, down 35% quarter-over-quarter.
- 16 funds opened new Invesco Dorsey Wright Developed Markets Momentum ETF positions in Q4 2018 and 10 closed out, a net change of +6 holders.
- The largest Invesco Dorsey Wright Developed Markets Momentum ETF buyer in Q4 2018 was Carson Wealth (CWM LLC), an estimated $3.71M added.
- The largest Invesco Dorsey Wright Developed Markets Momentum ETF seller in Q4 2018 was Credit Suisse, an estimated $30.2M sold.
Based on aggregated 13F filings for Q4 2018.