Invesco Dorsey Wright Energy Momentum ETF
34 hedge funds and large institutions have $30.9M invested in Invesco Dorsey Wright Energy Momentum ETF in 2017 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 21 reducing their positions, and 15 closing their positions.
13.59% less ownership
Funds ownership: 46.58% → 32.98% (-14%)
26% less funds holding
Funds holding: 46 → 34 (-12)
68% less capital invested
Capital invested by funds: $96.3M → $30.9M (-$65.5M)
76% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 21
80% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 15
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$3.35M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$493K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$328K |
| 4 |
EFS
Essex Financial Services
Essex,
Connecticut
|
+$327K |
| 5 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
+$14.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$25.2M |
| 2 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$7.18M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.4M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$4.15M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$2.35M |
PXI Hedge Fund Activity: Q2 2017 in Review
34 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Energy Momentum ETF (PXI) for Q2 2017, worth a combined $30.9M — down 68% from $96.3M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of PXI and 3 opened new positions — a net loss of 12 holders — while 21 trimmed existing stakes and 5 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $3.35M. The largest seller was Invesco, exiting entirely with an estimated $25.2M sold.
- 34 institutional investors held Invesco Dorsey Wright Energy Momentum ETF (PXI) as of Q2 2017, down from 46 in Q1 2017.
- Funds reported $30.9M of Invesco Dorsey Wright Energy Momentum ETF stock for Q2 2017, down 68% quarter-over-quarter.
- 3 funds opened new Invesco Dorsey Wright Energy Momentum ETF positions in Q2 2017 and 15 closed out, a net change of -12 holders.
- The largest Invesco Dorsey Wright Energy Momentum ETF buyer in Q2 2017 was Millennium Management, an estimated $3.35M added.
- The largest Invesco Dorsey Wright Energy Momentum ETF seller in Q2 2017 was Invesco, an estimated $25.2M sold.
Based on aggregated 13F filings for Q2 2017.