Invesco Dorsey Wright Energy Momentum ETF
38 hedge funds and large institutions have $33.6M invested in Invesco Dorsey Wright Energy Momentum ETF in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 20 reducing their positions, and 8 closing their positions.
14% less funds holding
Funds holding: 44 → 38 (-6)
20.96% less ownership
Funds ownership: 66.42% → 45.45% (-21%)
51% less capital invested
Capital invested by funds: $69.2M → $33.6M (-$35.6M)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
75% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 20
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.26M |
| 2 |
Goldman Sachs
New York
|
+$1.12M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$802K |
| 4 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$138K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$79K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$12.9M |
| 2 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$12.6M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$5.99M |
| 4 |
UWS
Unique Wealth Strategies
Burr Ridge,
Illinois
|
-$2.45M |
| 5 |
SOS
Silver Oak Securities
Jackson,
Tennessee
|
-$1.52M |
PXI Hedge Fund Activity: Q1 2024 in Review
38 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Energy Momentum ETF (PXI) for Q1 2024, worth a combined $33.6M — down 51% from $69.2M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PXI and 2 opened new positions — a net loss of 6 holders — while 20 trimmed existing stakes and 5 added.
The largest buyer was Cetera Investment Advisers, opening a new position worth an estimated $1.26M. The largest seller was Morgan Stanley, cutting an estimated $12.9M.
- 38 institutional investors held Invesco Dorsey Wright Energy Momentum ETF (PXI) as of Q1 2024, down from 44 in Q4 2023.
- Funds reported $33.6M of Invesco Dorsey Wright Energy Momentum ETF stock for Q1 2024, down 51% quarter-over-quarter.
- 2 funds opened new Invesco Dorsey Wright Energy Momentum ETF positions in Q1 2024 and 8 closed out, a net change of -6 holders.
- The largest Invesco Dorsey Wright Energy Momentum ETF buyer in Q1 2024 was Cetera Investment Advisers, an estimated $1.26M added.
- The largest Invesco Dorsey Wright Energy Momentum ETF seller in Q1 2024 was Morgan Stanley, an estimated $12.9M sold.
Based on aggregated 13F filings for Q1 2024.