Invesco Dorsey Wright Industrials Momentum ETF
PRN
66 hedge funds and large institutions have $114M invested in Invesco Dorsey Wright Industrials Momentum ETF in 2024 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 12 increasing their positions, 25 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
20% more capital invested
Capital invested by funds: $95.7M → $114M (+$18.7M)
3.5% more ownership
Funds ownership: 51.15% → 54.65% (+3.5%)
3% more funds holding
Funds holding: 64 → 66 (+2)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
52% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 25
60% less call options, than puts
Call options by funds: $279K | Put options by funds: $698K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAS
SMI Advisory Services
Columbus,
Indiana
|
+$4.08M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.09M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.52M |
| 4 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$1.38M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$765K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.92M |
| 2 |
UWS
Unique Wealth Strategies
Burr Ridge,
Illinois
|
-$2.78M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$684K |
| 4 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
-$582K |
| 5 |
SOS
Silver Oak Securities
Jackson,
Tennessee
|
-$563K |
PRN Hedge Fund Activity: Q1 2024 in Review
66 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Industrials Momentum ETF (PRN) for Q1 2024, worth a combined $114M — up 20% from $95.7M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PRN positions and 7 closed out — a net gain of 4 holders — while 12 added to existing stakes and 25 trimmed.
The largest buyer was SMI Advisory Services, opening a new position worth an estimated $4.08M. The largest seller was Morgan Stanley, cutting an estimated $3.92M.
- 66 institutional investors held Invesco Dorsey Wright Industrials Momentum ETF (PRN) as of Q1 2024, up from 64 in Q4 2023.
- Funds reported $114M of Invesco Dorsey Wright Industrials Momentum ETF stock for Q1 2024, up 20% quarter-over-quarter.
- 11 funds opened new Invesco Dorsey Wright Industrials Momentum ETF positions in Q1 2024 and 7 closed out, a net change of +4 holders.
- The largest Invesco Dorsey Wright Industrials Momentum ETF buyer in Q1 2024 was SMI Advisory Services, an estimated $4.08M added.
- The largest Invesco Dorsey Wright Industrials Momentum ETF seller in Q1 2024 was Morgan Stanley, an estimated $3.92M sold.
Based on aggregated 13F filings for Q1 2024.