Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
66 hedge funds and large institutions have $107M invested in Invesco Dorsey Wright Developed Markets Momentum ETF in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 20 increasing their positions, 27 reducing their positions, and 10 closing their positions.
6.45% less ownership
Funds ownership: 62.86% → 56.41% (-6.5%)
7% less funds holding
Funds holding: 71 → 66 (-5)
10% less capital invested
Capital invested by funds: $120M → $107M (-$12.3M)
26% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 27
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.12M |
| 2 |
SFI
SPC Financial Inc
Rockville,
Maryland
|
+$967K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$658K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$417K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$373K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$10.3M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.28M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$2.42M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.03M |
| 5 |
Jane Street
New York
|
-$1.93M |
PIZ Hedge Fund Activity: Q1 2019 in Review
66 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Developed Markets Momentum ETF (PIZ) for Q1 2019, worth a combined $107M — down 10% from $120M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PIZ and 5 opened new positions — a net loss of 5 holders — while 27 trimmed existing stakes and 20 added.
The largest buyer was Wells Fargo, adding an estimated $1.12M. The largest seller was Carson Wealth (CWM LLC), cutting an estimated $10.3M.
- 66 institutional investors held Invesco Dorsey Wright Developed Markets Momentum ETF (PIZ) as of Q1 2019, down from 71 in Q4 2018.
- Funds reported $107M of Invesco Dorsey Wright Developed Markets Momentum ETF stock for Q1 2019, down 10% quarter-over-quarter.
- 5 funds opened new Invesco Dorsey Wright Developed Markets Momentum ETF positions in Q1 2019 and 10 closed out, a net change of -5 holders.
- The largest Invesco Dorsey Wright Developed Markets Momentum ETF buyer in Q1 2019 was Wells Fargo, an estimated $1.12M added.
- The largest Invesco Dorsey Wright Developed Markets Momentum ETF seller in Q1 2019 was Carson Wealth (CWM LLC), an estimated $10.3M sold.
Based on aggregated 13F filings for Q1 2019.