Invesco Dorsey Wright Utilities Momentum ETF
60 hedge funds and large institutions have $149M invested in Invesco Dorsey Wright Utilities Momentum ETF in 2019 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 9 closing their positions.
122% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 9
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
67% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 12
45% more capital invested
Capital invested by funds: $103M → $149M (+$45.9M)
22% more funds holding
Funds holding: 49 → 60 (+11)
8.53% less ownership
Funds ownership: 69.96% → 61.42% (-8.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
+$13.9M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$13.3M |
| 3 |
Morgan Stanley
New York
|
+$8.69M |
| 4 |
AWM
Affinity Wealth Management
Wilmington,
Delaware
|
+$2.59M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
-$15.9M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$4.93M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.68M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.42M |
| 5 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
-$296K |
PUI Hedge Fund Activity: Q1 2019 in Review
60 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Utilities Momentum ETF (PUI) for Q1 2019, worth a combined $149M — up 45% from $103M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new PUI positions and 9 closed out — a net gain of 11 holders — while 20 added to existing stakes and 12 trimmed.
The largest buyer was Redhawk Wealth Advisors, opening a new position worth an estimated $13.9M. The largest seller was Mainstay Capital Management, cutting an estimated $15.9M.
- 60 institutional investors held Invesco Dorsey Wright Utilities Momentum ETF (PUI) as of Q1 2019, up from 49 in Q4 2018.
- Funds reported $149M of Invesco Dorsey Wright Utilities Momentum ETF stock for Q1 2019, up 45% quarter-over-quarter.
- 20 funds opened new Invesco Dorsey Wright Utilities Momentum ETF positions in Q1 2019 and 9 closed out, a net change of +11 holders.
- The largest Invesco Dorsey Wright Utilities Momentum ETF buyer in Q1 2019 was Redhawk Wealth Advisors, an estimated $13.9M added.
- The largest Invesco Dorsey Wright Utilities Momentum ETF seller in Q1 2019 was Mainstay Capital Management, an estimated $15.9M sold.
Based on aggregated 13F filings for Q1 2019.