Invesco Dorsey Wright Basic Materials Momentum ETF
34 hedge funds and large institutions have $41.8M invested in Invesco Dorsey Wright Basic Materials Momentum ETF in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 18 reducing their positions, and 14 closing their positions.
19% less funds holding
Funds holding: 42 → 34 (-8)
23.2% less ownership
Funds ownership: 65.95% → 42.75% (-23%)
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
68% less capital invested
Capital invested by funds: $130M → $41.8M (-$88.2M)
72% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 18
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$5.91M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$5.43M |
| 3 |
WI
WBI Investments
Red Bank,
New Jersey
|
+$500K |
| 4 |
OC
Oppenheimer & Co
New York
|
+$313K |
| 5 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
+$119K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$51.3M |
| 2 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$17.1M |
| 3 |
Morgan Stanley
New York
|
-$5.35M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$3.7M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.98M |
PYZ Hedge Fund Activity: Q4 2016 in Review
34 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ) for Q4 2016, worth a combined $41.8M — down 68% from $130M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of PYZ and 6 opened new positions — a net loss of 8 holders — while 18 trimmed existing stakes and 5 added.
The largest buyer was Ameriprise, adding an estimated $5.91M. The largest seller was Invesco, exiting entirely with an estimated $51.3M sold.
- 34 institutional investors held Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ) as of Q4 2016, down from 42 in Q3 2016.
- Funds reported $41.8M of Invesco Dorsey Wright Basic Materials Momentum ETF stock for Q4 2016, down 68% quarter-over-quarter.
- 6 funds opened new Invesco Dorsey Wright Basic Materials Momentum ETF positions in Q4 2016 and 14 closed out, a net change of -8 holders.
- The largest Invesco Dorsey Wright Basic Materials Momentum ETF buyer in Q4 2016 was Ameriprise, an estimated $5.91M added.
- The largest Invesco Dorsey Wright Basic Materials Momentum ETF seller in Q4 2016 was Invesco, an estimated $51.3M sold.
Based on aggregated 13F filings for Q4 2016.