Invesco Dorsey Wright Basic Materials Momentum ETF
52 hedge funds and large institutions have $97.4M invested in Invesco Dorsey Wright Basic Materials Momentum ETF in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 21 increasing their positions, 16 reducing their positions, and 9 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 16
0.46% more ownership
Funds ownership: 61.97% → 62.43% (+0.46%)
2% less capital invested
Capital invested by funds: $99.6M → $97.4M (-$2.22M)
12% less funds holding
Funds holding: 59 → 52 (-7)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$909K |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$834K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$710K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$405K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$358K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
-$2.35M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.92M |
| 3 |
LCGC
Legacy Capital Group California
Los Gatos,
California
|
-$1.43M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.07M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$408K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
51
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $3K | – | – | – |
|
|
PTC
52
Private Trust Company
Cleveland,
Ohio
| $2.31K | +$898 | +11 | +69% |
|
|
FEM
53
Fulcrum Equity Management
Plano,
Texas
| – | -$2.35M | -27,678 | Closed |
|
|
LCGC
54
Legacy Capital Group California
Los Gatos,
California
| – | -$1.43M | -16,839 | Closed |
|
|
HB
55
Horizon Bancorp
Michigan City,
Indiana
| – | -$92K | -1,086 | Closed |
|
|
ASN
56
Advisory Services Network
Atlanta,
Georgia
| – | -$69.4K | -816 | Closed |
|
|
AAS
57
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$59.1K | -705 | Closed |
|
58
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$39.2K | -461 | Closed |
|
|
BAM
59
Belpointe Asset Management
Reno,
Nevada
| – | -$8.67K | -102 | Closed |
|
|
HI
60
Harbour Investments
Madison,
Wisconsin
| – | -$8.5K | -100 | Closed |
|
|
NA
61
NewEdge Advisors
New Orleans,
Louisiana
| – | -$1.87K | -22 | Closed |
|
PYZ Hedge Fund Activity: Q2 2023 in Review
52 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ) for Q2 2023, worth a combined $97.4M — down 2.2% from $99.6M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PYZ and 3 opened new positions — a net loss of 6 holders — while 16 trimmed existing stakes and 21 added.
The largest buyer was Morgan Stanley, adding an estimated $909K. The largest seller was Fulcrum Equity Management, exiting entirely with an estimated $2.35M sold.
- 52 institutional investors held Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ) as of Q2 2023, down from 59 in Q1 2023.
- Funds reported $97.4M of Invesco Dorsey Wright Basic Materials Momentum ETF stock for Q2 2023, down 2.2% quarter-over-quarter.
- 3 funds opened new Invesco Dorsey Wright Basic Materials Momentum ETF positions in Q2 2023 and 9 closed out, a net change of -6 holders.
- The largest Invesco Dorsey Wright Basic Materials Momentum ETF buyer in Q2 2023 was Morgan Stanley, an estimated $909K added.
- The largest Invesco Dorsey Wright Basic Materials Momentum ETF seller in Q2 2023 was Fulcrum Equity Management, an estimated $2.35M sold.
Based on aggregated 13F filings for Q2 2023.