Invesco Dorsey Wright Utilities Momentum ETF
48 hedge funds and large institutions have $31.9M invested in Invesco Dorsey Wright Utilities Momentum ETF in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 24 reducing their positions, and 11 closing their positions.
16.98% less ownership
Funds ownership: 54.48% → 37.49% (-17%)
17% less funds holding
Funds holding: 58 → 48 (-10)
54% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 24
68% less capital invested
Capital invested by funds: $99.9M → $31.9M (-$68M)
73% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 11
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NFG
Next Financial Group
Houston,
Texas
|
+$408K |
| 2 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
+$104K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$38.3K |
| 4 |
EWP
Engrave Wealth Partners
The Woodlands,
Texas
|
+$33.7K |
| 5 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
+$15.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
Affinity Wealth Management
Wilmington,
Delaware
|
-$14.8M |
| 2 |
PS
Portfolio Strategies
Monsey,
New York
|
-$13.1M |
| 3 |
Morgan Stanley
New York
|
-$10.9M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$4.88M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$3.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Truist Financial
Charlotte,
North Carolina
| – | -$924K | -26,927 | Closed |
|
52
Goldman Sachs
New York
| – | -$713K | -20,769 | Closed |
|
53
Envestnet Asset Management
Chicago,
Illinois
| – | -$615K | -17,916 | Closed |
|
|
GVAG
54
Great Valley Advisor Group
Wilmington,
Delaware
| – | -$425K | -12,372 | Closed |
|
|
PFS
55
Prospera Financial Services
Dallas,
Texas
| – | -$345K | -10,060 | Closed |
|
|
APA
56
American Portfolios Advisors
Holbrook,
New York
| – | -$24K | -698 | Closed |
|
|
FPFS
57
First Personal Financial Services
Charlotte,
North Carolina
| – | -$14K | -407 | Closed |
|
|
IFWM
58
Institute for Wealth Management
Denver,
Colorado
| – | -$10K | -297 | Closed |
|
PUI Hedge Fund Activity: Q1 2020 in Review
48 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Utilities Momentum ETF (PUI) for Q1 2020, worth a combined $31.9M — down 68% from $99.9M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PUI and 3 opened new positions — a net loss of 8 holders — while 24 trimmed existing stakes and 11 added.
The largest buyer was Next Financial Group, adding an estimated $408K. The largest seller was Affinity Wealth Management, exiting entirely with an estimated $14.8M sold.
- 48 institutional investors held Invesco Dorsey Wright Utilities Momentum ETF (PUI) as of Q1 2020, down from 58 in Q4 2019.
- Funds reported $31.9M of Invesco Dorsey Wright Utilities Momentum ETF stock for Q1 2020, down 68% quarter-over-quarter.
- 3 funds opened new Invesco Dorsey Wright Utilities Momentum ETF positions in Q1 2020 and 11 closed out, a net change of -8 holders.
- The largest Invesco Dorsey Wright Utilities Momentum ETF buyer in Q1 2020 was Next Financial Group, an estimated $408K added.
- The largest Invesco Dorsey Wright Utilities Momentum ETF seller in Q1 2020 was Affinity Wealth Management, an estimated $14.8M sold.
Based on aggregated 13F filings for Q1 2020.