Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
52 hedge funds and large institutions have $91.8M invested in Invesco Dorsey Wright Developed Markets Momentum ETF in 2023 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 13 increasing their positions, 26 reducing their positions, and 2 closing their positions.
262% more capital inflows, than outflows
Capital inflows: $29.2M | Capital outflows: $8.08M
6.94% more ownership
Funds ownership: 59.54% → 66.47% (+6.9%)
2% less funds holding
Funds holding: 53 → 52 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
50% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$12.6M |
| 2 |
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$9.38M |
| 3 |
Old Mission Capital
Chicago,
Illinois
|
+$4.62M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$768K |
| 5 |
PFG Investments
Woodbury,
New York
|
+$598K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$2.46M |
| 2 |
Cyndeo Wealth Partners
St. Petersburg,
Florida
|
-$989K |
| 3 |
Morgan Stanley
New York
|
-$840K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$818K |
| 5 |
Jane Street
New York
|
-$762K |
PIZ Hedge Fund Activity: Q4 2023 in Review
52 of the 6,875 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Developed Markets Momentum ETF (PIZ) for Q4 2023, worth a combined $91.8M — up 47% from $62.3M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of PIZ and 1 opened new positions — a net loss of 1 holder — while 26 trimmed existing stakes and 13 added.
The largest buyer was Wealth Enhancement Advisory Services, adding an estimated $12.6M. The largest seller was LPL Financial, cutting an estimated $2.46M.
- 52 institutional investors held Invesco Dorsey Wright Developed Markets Momentum ETF (PIZ) as of Q4 2023, down from 53 in Q3 2023.
- Funds reported $91.8M of Invesco Dorsey Wright Developed Markets Momentum ETF stock for Q4 2023, up 47% quarter-over-quarter.
- 1 fund opened new Invesco Dorsey Wright Developed Markets Momentum ETF positions in Q4 2023 and 2 closed out, a net change of -1 holder.
- The largest Invesco Dorsey Wright Developed Markets Momentum ETF buyer in Q4 2023 was Wealth Enhancement Advisory Services, an estimated $12.6M added.
- The largest Invesco Dorsey Wright Developed Markets Momentum ETF seller in Q4 2023 was LPL Financial, an estimated $2.46M sold.
Based on aggregated 13F filings for Q4 2023.