Invesco Dorsey Wright Industrials Momentum ETF
PRN
68 hedge funds and large institutions have $134M invested in Invesco Dorsey Wright Industrials Momentum ETF in 2021 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 18 increasing their positions, 17 reducing their positions, and 12 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
3% more funds holding
Funds holding: 66 → 68 (+2)
6% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 17
13% less capital invested
Capital invested by funds: $154M → $134M (-$20.6M)
15.91% less ownership
Funds ownership: 51.85% → 35.94% (-16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EWP
Engrave Wealth Partners
The Woodlands,
Texas
|
+$8.56M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.41M |
| 3 |
LPL Financial
San Diego,
California
|
+$2.34M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.28M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$14.4M |
| 2 |
FMP
Financial Management Professionals
Austin,
Texas
|
-$5.22M |
| 3 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
-$3.47M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.17M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.62M |
PRN Hedge Fund Activity: Q2 2021 in Review
68 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Industrials Momentum ETF (PRN) for Q2 2021, worth a combined $134M — down 13% from $154M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new PRN positions and 12 closed out — a net gain of 2 holders — while 18 added to existing stakes and 17 trimmed.
The largest buyer was Engrave Wealth Partners, opening a new position worth an estimated $8.56M. The largest seller was Morgan Stanley, cutting an estimated $14.4M.
- 68 institutional investors held Invesco Dorsey Wright Industrials Momentum ETF (PRN) as of Q2 2021, up from 66 in Q1 2021.
- Funds reported $134M of Invesco Dorsey Wright Industrials Momentum ETF stock for Q2 2021, down 13% quarter-over-quarter.
- 14 funds opened new Invesco Dorsey Wright Industrials Momentum ETF positions in Q2 2021 and 12 closed out, a net change of +2 holders.
- The largest Invesco Dorsey Wright Industrials Momentum ETF buyer in Q2 2021 was Engrave Wealth Partners, an estimated $8.56M added.
- The largest Invesco Dorsey Wright Industrials Momentum ETF seller in Q2 2021 was Morgan Stanley, an estimated $14.4M sold.
Based on aggregated 13F filings for Q2 2021.