Invesco Dorsey Wright Industrials Momentum ETF
PRN
54 hedge funds and large institutions have $66.5M invested in Invesco Dorsey Wright Industrials Momentum ETF in 2020 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 19 increasing their positions, 10 reducing their positions, and 1 closing their positions.
1,500% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 1
90% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 10
59% more capital invested
Capital invested by funds: $42M → $66.5M (+$24.6M)
38% more funds holding
Funds holding: 39 → 54 (+15)
3.76% less ownership
Funds ownership: 47.83% → 44.07% (-3.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$7.56M |
| 2 |
Morgan Stanley
New York
|
+$3.19M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.82M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.15M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.17M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.94M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.65M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$665K |
| 5 |
Mercer Global Advisors
Denver,
Colorado
|
-$126K |
PRN Hedge Fund Activity: Q4 2020 in Review
54 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Industrials Momentum ETF (PRN) for Q4 2020, worth a combined $66.5M — up 59% from $42M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PRN positions and 1 closed out — a net gain of 15 holders — while 19 added to existing stakes and 10 trimmed.
The largest buyer was Ameriprise, adding an estimated $7.56M. The largest seller was Royal Bank of Canada, cutting an estimated $2.17M.
- 54 institutional investors held Invesco Dorsey Wright Industrials Momentum ETF (PRN) as of Q4 2020, up from 39 in Q3 2020.
- Funds reported $66.5M of Invesco Dorsey Wright Industrials Momentum ETF stock for Q4 2020, up 59% quarter-over-quarter.
- 16 funds opened new Invesco Dorsey Wright Industrials Momentum ETF positions in Q4 2020 and 1 closed out, a net change of +15 holders.
- The largest Invesco Dorsey Wright Industrials Momentum ETF buyer in Q4 2020 was Ameriprise, an estimated $7.56M added.
- The largest Invesco Dorsey Wright Industrials Momentum ETF seller in Q4 2020 was Royal Bank of Canada, an estimated $2.17M sold.
Based on aggregated 13F filings for Q4 2020.