Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
116 hedge funds and large institutions have $591M invested in Invesco Dorsey Wright Developed Markets Momentum ETF in 2026 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 53 increasing their positions, 34 reducing their positions, and 4 closing their positions.
325% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 4
56% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 34
34% more capital inflows, than outflows
Capital inflows: $66.4M | Capital outflows: $49.4M
12% more funds holding
Funds holding: 104 → 116 (+12)
1.28% more ownership
Funds ownership: 74.85% → 76.13% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$16.2M |
| 2 |
Morgan Stanley
New York
|
+$6M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
+$5.45M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.74M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$3.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$15.5M |
| 2 |
CFD
Creative Financial Designs
Kokomo,
Indiana
|
-$10.8M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$7.87M |
| 4 |
NS
NBC Securities
Birmingham,
Alabama
|
-$5.41M |
| 5 |
DSCM
Del-Sette Capital Management
Schenectady,
New York
|
-$2.85M |
PIZ Hedge Fund Activity: Q2 2026 in Review
116 of the 8,354 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Developed Markets Momentum ETF (PIZ) for Q2 2026, worth a combined $591M — up 16% from $510M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PIZ positions and 4 closed out — a net gain of 13 holders — while 53 added to existing stakes and 34 trimmed.
The largest buyer was LPL Financial, adding an estimated $16.2M. The largest seller was Wells Fargo, cutting an estimated $15.5M.
- 116 institutional investors held Invesco Dorsey Wright Developed Markets Momentum ETF (PIZ) as of Q2 2026, up from 104 in Q1 2026.
- Funds reported $591M of Invesco Dorsey Wright Developed Markets Momentum ETF stock for Q2 2026, up 16% quarter-over-quarter.
- 17 funds opened new Invesco Dorsey Wright Developed Markets Momentum ETF positions in Q2 2026 and 4 closed out, a net change of +13 holders.
- The largest Invesco Dorsey Wright Developed Markets Momentum ETF buyer in Q2 2026 was LPL Financial, an estimated $16.2M added.
- The largest Invesco Dorsey Wright Developed Markets Momentum ETF seller in Q2 2026 was Wells Fargo, an estimated $15.5M sold.
Based on aggregated 13F filings for Q2 2026.