Invesco Dorsey Wright Utilities Momentum ETF
57 hedge funds and large institutions have $128M invested in Invesco Dorsey Wright Utilities Momentum ETF in 2019 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 17 reducing their positions, and 11 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 17
2.36% more ownership
Funds ownership: 61.42% → 63.78% (+2.4%)
5% less funds holding
Funds holding: 60 → 57 (-3)
14% less capital invested
Capital invested by funds: $149M → $128M (-$21M)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$7.4M |
| 2 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
+$3.87M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.85M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.17M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
-$14.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$13.9M |
| 3 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$5.7M |
| 4 |
CWM
Concentrum Wealth Management
San Jose,
California
|
-$1.56M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.5M |
PUI Hedge Fund Activity: Q2 2019 in Review
57 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Utilities Momentum ETF (PUI) for Q2 2019, worth a combined $128M — down 14% from $149M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PUI and 9 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 23 added.
The largest buyer was UBS Group, adding an estimated $7.4M. The largest seller was Redhawk Wealth Advisors, exiting entirely with an estimated $14.5M sold.
- 57 institutional investors held Invesco Dorsey Wright Utilities Momentum ETF (PUI) as of Q2 2019, down from 60 in Q1 2019.
- Funds reported $128M of Invesco Dorsey Wright Utilities Momentum ETF stock for Q2 2019, down 14% quarter-over-quarter.
- 9 funds opened new Invesco Dorsey Wright Utilities Momentum ETF positions in Q2 2019 and 11 closed out, a net change of -2 holders.
- The largest Invesco Dorsey Wright Utilities Momentum ETF buyer in Q2 2019 was UBS Group, an estimated $7.4M added.
- The largest Invesco Dorsey Wright Utilities Momentum ETF seller in Q2 2019 was Redhawk Wealth Advisors, an estimated $14.5M sold.
Based on aggregated 13F filings for Q2 2019.