Invesco Dorsey Wright Energy Momentum ETF
37 hedge funds and large institutions have $61.8M invested in Invesco Dorsey Wright Energy Momentum ETF in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 4 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
89% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 9
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
23% more capital invested
Capital invested by funds: $50.1M → $61.8M (+$11.7M)
6% more funds holding
Funds holding: 35 → 37 (+2)
2.25% more ownership
Funds ownership: 29.15% → 31.4% (+2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$6.28M |
| 2 |
DFIM
Detwiler Fenton Investment Management
Boston,
Massachusetts
|
+$4.39M |
| 3 |
MCWS
McKinley Carter Wealth Services
Wheeling,
West Virginia
|
+$3.58M |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$3.24M |
| 5 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$934K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$6.62M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.6M |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$1.22M |
| 4 |
AssetMark Inc
Concord,
California
|
-$893K |
| 5 |
SCM
Steward Capital Management
Bloomfield Hills,
Michigan
|
-$695K |
PXI Hedge Fund Activity: Q1 2014 in Review
37 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Energy Momentum ETF (PXI) for Q1 2014, worth a combined $61.8M — up 23% from $50.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PXI positions and 4 closed out — a net gain of 2 holders — while 17 added to existing stakes and 9 trimmed.
The largest buyer was Wells Fargo, adding an estimated $6.28M. The largest seller was Bank of America, cutting an estimated $6.62M.
- 37 institutional investors held Invesco Dorsey Wright Energy Momentum ETF (PXI) as of Q1 2014, up from 35 in Q4 2013.
- Funds reported $61.8M of Invesco Dorsey Wright Energy Momentum ETF stock for Q1 2014, up 23% quarter-over-quarter.
- 6 funds opened new Invesco Dorsey Wright Energy Momentum ETF positions in Q1 2014 and 4 closed out, a net change of +2 holders.
- The largest Invesco Dorsey Wright Energy Momentum ETF buyer in Q1 2014 was Wells Fargo, an estimated $6.28M added.
- The largest Invesco Dorsey Wright Energy Momentum ETF seller in Q1 2014 was Bank of America, an estimated $6.62M sold.
Based on aggregated 13F filings for Q1 2014.