Invesco Dorsey Wright Energy Momentum ETF
44 hedge funds and large institutions have $69.2M invested in Invesco Dorsey Wright Energy Momentum ETF in 2023 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 16 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
7.26% more ownership
Funds ownership: 59.16% → 66.42% (+7.3%)
5% more funds holding
Funds holding: 42 → 44 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $72.8M → $69.2M (-$3.6M)
25% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.3M |
| 2 |
SOS
Silver Oak Securities
Jackson,
Tennessee
|
+$782K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$485K |
| 4 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$338K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$336K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$8.84M |
| 2 |
WA
Win Advisors
Palm Beach Gardens,
Florida
|
-$3.26M |
| 3 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$1.22M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$911K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$624K |
PXI Hedge Fund Activity: Q4 2023 in Review
44 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Energy Momentum ETF (PXI) for Q4 2023, worth a combined $69.2M — down 4.9% from $72.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PXI positions and 5 closed out — a net gain of 2 holders — while 12 added to existing stakes and 16 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $10.3M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $8.84M.
- 44 institutional investors held Invesco Dorsey Wright Energy Momentum ETF (PXI) as of Q4 2023, up from 42 in Q3 2023.
- Funds reported $69.2M of Invesco Dorsey Wright Energy Momentum ETF stock for Q4 2023, down 4.9% quarter-over-quarter.
- 7 funds opened new Invesco Dorsey Wright Energy Momentum ETF positions in Q4 2023 and 5 closed out, a net change of +2 holders.
- The largest Invesco Dorsey Wright Energy Momentum ETF buyer in Q4 2023 was Morgan Stanley, an estimated $10.3M added.
- The largest Invesco Dorsey Wright Energy Momentum ETF seller in Q4 2023 was Raymond James Financial Services Advisors, an estimated $8.84M sold.
Based on aggregated 13F filings for Q4 2023.