Invesco Dorsey Wright Energy Momentum ETF
36 hedge funds and large institutions have $33.3M invested in Invesco Dorsey Wright Energy Momentum ETF in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 21 reducing their positions, and 15 closing their positions.
11.59% less ownership
Funds ownership: 54.85% → 43.26% (-12%)
29% less funds holding
Funds holding: 51 → 36 (-15)
54% less capital invested
Capital invested by funds: $72.4M → $33.3M (-$39.1M)
76% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 21
87% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$243K |
| 2 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$204K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$170K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$78.5K |
| 5 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$53.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$10.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$8.03M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$5.15M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$1.6M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.58M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
US Bancorp
Minneapolis,
Minnesota
| – | -$5.18K | -130 | Closed |
|
PXI Hedge Fund Activity: Q2 2023 in Review
36 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Energy Momentum ETF (PXI) for Q2 2023, worth a combined $33.3M — down 54% from $72.4M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of PXI and 2 opened new positions — a net loss of 13 holders — while 21 trimmed existing stakes and 5 added.
The largest buyer was Goldman Sachs, adding an estimated $243K. The largest seller was Transamerica Financial Advisors, cutting an estimated $10.9M.
- 36 institutional investors held Invesco Dorsey Wright Energy Momentum ETF (PXI) as of Q2 2023, down from 51 in Q1 2023.
- Funds reported $33.3M of Invesco Dorsey Wright Energy Momentum ETF stock for Q2 2023, down 54% quarter-over-quarter.
- 2 funds opened new Invesco Dorsey Wright Energy Momentum ETF positions in Q2 2023 and 15 closed out, a net change of -13 holders.
- The largest Invesco Dorsey Wright Energy Momentum ETF buyer in Q2 2023 was Goldman Sachs, an estimated $243K added.
- The largest Invesco Dorsey Wright Energy Momentum ETF seller in Q2 2023 was Transamerica Financial Advisors, an estimated $10.9M sold.
Based on aggregated 13F filings for Q2 2023.