Invesco Dorsey Wright Utilities Momentum ETF
58 hedge funds and large institutions have $99.9M invested in Invesco Dorsey Wright Utilities Momentum ETF in 2019 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 15 increasing their positions, 23 reducing their positions, and 20 closing their positions.
12% less funds holding
Funds holding: 66 → 58 (-8)
15.64% less ownership
Funds ownership: 70.12% → 54.48% (-16%)
35% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 23
40% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 20
47% less capital invested
Capital invested by funds: $188M → $99.9M (-$88.3M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.48M |
| 2 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$1.3M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.09M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$957K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$915K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$29.7M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$17.9M |
| 3 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
-$13.5M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$7.55M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FAAS
76
First Allied Advisory Services
San Diego,
California
| – | -$53K | -1,533 | Closed |
|
77
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$27K | -778 | Closed |
|
|
BFEC
78
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$21K | -607 | Closed |
|
PUI Hedge Fund Activity: Q4 2019 in Review
58 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Utilities Momentum ETF (PUI) for Q4 2019, worth a combined $99.9M — down 47% from $188M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of PUI and 12 opened new positions — a net loss of 8 holders — while 23 trimmed existing stakes and 15 added.
The largest buyer was Morgan Stanley, adding an estimated $1.48M. The largest seller was Niemann Capital Management, cutting an estimated $29.7M.
- 58 institutional investors held Invesco Dorsey Wright Utilities Momentum ETF (PUI) as of Q4 2019, down from 66 in Q3 2019.
- Funds reported $99.9M of Invesco Dorsey Wright Utilities Momentum ETF stock for Q4 2019, down 47% quarter-over-quarter.
- 12 funds opened new Invesco Dorsey Wright Utilities Momentum ETF positions in Q4 2019 and 20 closed out, a net change of -8 holders.
- The largest Invesco Dorsey Wright Utilities Momentum ETF buyer in Q4 2019 was Morgan Stanley, an estimated $1.48M added.
- The largest Invesco Dorsey Wright Utilities Momentum ETF seller in Q4 2019 was Niemann Capital Management, an estimated $29.7M sold.
Based on aggregated 13F filings for Q4 2019.