Invesco Dorsey Wright Industrials Momentum ETF
PRN
32 hedge funds and large institutions have $25.6M invested in Invesco Dorsey Wright Industrials Momentum ETF in 2020 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 13 reducing their positions, and 6 closing their positions.
13.35% less ownership
Funds ownership: 37.49% → 24.14% (-13%)
14% less funds holding
Funds holding: 37 → 32 (-5)
21% less capital invested
Capital invested by funds: $32.4M → $25.6M (-$6.8M)
46% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 13
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.39M |
| 2 |
Morgan Stanley
New York
|
+$599K |
| 3 |
LPL Financial
San Diego,
California
|
+$433K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$280K |
| 5 |
GRP
Global Retirement Partners
San Rafael,
California
|
+$166K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.33M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.47M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$2.04M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$1.49M |
| 5 |
Jane Street
New York
|
-$1.41M |
PRN Hedge Fund Activity: Q2 2020 in Review
32 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Industrials Momentum ETF (PRN) for Q2 2020, worth a combined $25.6M — down 21% from $32.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PRN and 2 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 7 added.
The largest buyer was Bank of America, adding an estimated $1.39M. The largest seller was Ameriprise, cutting an estimated $3.33M.
- 32 institutional investors held Invesco Dorsey Wright Industrials Momentum ETF (PRN) as of Q2 2020, down from 37 in Q1 2020.
- Funds reported $25.6M of Invesco Dorsey Wright Industrials Momentum ETF stock for Q2 2020, down 21% quarter-over-quarter.
- 2 funds opened new Invesco Dorsey Wright Industrials Momentum ETF positions in Q2 2020 and 6 closed out, a net change of -4 holders.
- The largest Invesco Dorsey Wright Industrials Momentum ETF buyer in Q2 2020 was Bank of America, an estimated $1.39M added.
- The largest Invesco Dorsey Wright Industrials Momentum ETF seller in Q2 2020 was Ameriprise, an estimated $3.33M sold.
Based on aggregated 13F filings for Q2 2020.