Invesco Dorsey Wright Basic Materials Momentum ETF
41 hedge funds and large institutions have $31M invested in Invesco Dorsey Wright Basic Materials Momentum ETF in 2023 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 19 reducing their positions, and 21 closing their positions.
19.3% less ownership
Funds ownership: 62.42% → 43.12% (-19%)
24% less funds holding
Funds holding: 54 → 41 (-13)
62% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 21
65% less capital invested
Capital invested by funds: $87.3M → $31M (-$56.3M)
74% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$713K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$499K |
| 3 |
Two Sigma Investments
New York
|
+$393K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$360K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$193K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$21.1M |
| 2 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$11.7M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.57M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$4.74M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.24M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IFG
51
Independent Financial Group
San Diego,
California
| – | -$362K | -4,606 | Closed |
|
|
WFC
52
Western Financial Corp
San Diego,
California
| – | -$333K | -4,235 | Closed |
|
|
MWM
53
MinichMacGregor Wealth Management
Saratoga Springs,
New York
| – | -$294K | -3,740 | Closed |
|
|
PAG
54
Private Advisor Group
Morristown,
New Jersey
| – | -$233K | -2,971 | Closed |
|
55
Creative Planning
Overland Park,
Kansas
| – | -$229K | -2,918 | Closed |
|
|
PFS
56
Prospera Financial Services
Dallas,
Texas
| – | -$218K | -2,764 | Closed |
|
57
Bank of America
Charlotte,
North Carolina
| – | -$87.6K | -1,115 | Closed |
|
58
Comerica Bank
Dallas,
Texas
| – | -$86.2K | -1,097 | Closed |
|
59
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$18K | -229 | Closed |
|
|
CSPIA
60
Cary Street Partners Investment Advisory
Richmond,
Virginia
| – | -$7.78K | -99 | Closed |
|
|
BFEC
61
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$3K | -38 | Closed |
|
|
PTC
62
Private Trust Company
Cleveland,
Ohio
| – | -$2.12K | -27 | Closed |
|
PYZ Hedge Fund Activity: Q4 2023 in Review
41 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ) for Q4 2023, worth a combined $31M — down 65% from $87.3M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of PYZ and 8 opened new positions — a net loss of 13 holders — while 19 trimmed existing stakes and 5 added.
The largest buyer was Ameriprise, adding an estimated $713K. The largest seller was HighTower Advisors, exiting entirely with an estimated $21.1M sold.
- 41 institutional investors held Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ) as of Q4 2023, down from 54 in Q3 2023.
- Funds reported $31M of Invesco Dorsey Wright Basic Materials Momentum ETF stock for Q4 2023, down 65% quarter-over-quarter.
- 8 funds opened new Invesco Dorsey Wright Basic Materials Momentum ETF positions in Q4 2023 and 21 closed out, a net change of -13 holders.
- The largest Invesco Dorsey Wright Basic Materials Momentum ETF buyer in Q4 2023 was Ameriprise, an estimated $713K added.
- The largest Invesco Dorsey Wright Basic Materials Momentum ETF seller in Q4 2023 was HighTower Advisors, an estimated $21.1M sold.
Based on aggregated 13F filings for Q4 2023.