Invesco Dorsey Wright Utilities Momentum ETF
40 hedge funds and large institutions have $119M invested in Invesco Dorsey Wright Utilities Momentum ETF in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 9 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
9% less funds holding
Funds holding: 44 → 40 (-4)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
38% less capital invested
Capital invested by funds: $191M → $119M (-$71.9M)
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$4.52M |
| 2 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
+$4.03M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.94M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$1.62M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$22.4M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$22M |
| 3 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$8.41M |
| 4 |
Morgan Stanley
New York
|
-$7.16M |
| 5 |
FMP
Financial Management Professionals
Austin,
Texas
|
-$4.77M |
PUI Hedge Fund Activity: Q3 2016 in Review
40 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Utilities Momentum ETF (PUI) for Q3 2016, worth a combined $119M — down 38% from $191M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PUI and 7 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 16 added.
The largest buyer was Janney Montgomery Scott, opening a new position worth an estimated $4.52M. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $22.4M sold.
- 40 institutional investors held Invesco Dorsey Wright Utilities Momentum ETF (PUI) as of Q3 2016, down from 44 in Q2 2016.
- Funds reported $119M of Invesco Dorsey Wright Utilities Momentum ETF stock for Q3 2016, down 38% quarter-over-quarter.
- 7 funds opened new Invesco Dorsey Wright Utilities Momentum ETF positions in Q3 2016 and 9 closed out, a net change of -2 holders.
- The largest Invesco Dorsey Wright Utilities Momentum ETF buyer in Q3 2016 was Janney Montgomery Scott, an estimated $4.52M added.
- The largest Invesco Dorsey Wright Utilities Momentum ETF seller in Q3 2016 was Envestnet Asset Management, an estimated $22.4M sold.
Based on aggregated 13F filings for Q3 2016.