Invesco Dorsey Wright Energy Momentum ETF
51 hedge funds and large institutions have $72.4M invested in Invesco Dorsey Wright Energy Momentum ETF in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 22 reducing their positions, and 20 closing their positions.
1.58% less ownership
Funds ownership: 56.43% → 54.85% (-1.6%)
23% less funds holding
Funds holding: 66 → 51 (-15)
41% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 22
48% less capital invested
Capital invested by funds: $139M → $72.4M (-$66.9M)
75% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.18M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$370K |
| 3 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$233K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$169K |
| 5 |
FFN
Focus Financial Network
Minneapolis,
Minnesota
|
+$149K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$24M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.76M |
| 3 |
Morgan Stanley
New York
|
-$5.3M |
| 4 |
CPC
Consolidated Planning Corp
Atlanta,
Georgia
|
-$4.24M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$3.89M |
PXI Hedge Fund Activity: Q1 2023 in Review
51 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Energy Momentum ETF (PXI) for Q1 2023, worth a combined $72.4M — down 48% from $139M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of PXI and 5 opened new positions — a net loss of 15 holders — while 22 trimmed existing stakes and 13 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $1.18M. The largest seller was HighTower Advisors, exiting entirely with an estimated $24M sold.
- 51 institutional investors held Invesco Dorsey Wright Energy Momentum ETF (PXI) as of Q1 2023, down from 66 in Q4 2022.
- Funds reported $72.4M of Invesco Dorsey Wright Energy Momentum ETF stock for Q1 2023, down 48% quarter-over-quarter.
- 5 funds opened new Invesco Dorsey Wright Energy Momentum ETF positions in Q1 2023 and 20 closed out, a net change of -15 holders.
- The largest Invesco Dorsey Wright Energy Momentum ETF buyer in Q1 2023 was Citadel Advisors, an estimated $1.18M added.
- The largest Invesco Dorsey Wright Energy Momentum ETF seller in Q1 2023 was HighTower Advisors, an estimated $24M sold.
Based on aggregated 13F filings for Q1 2023.