Invesco Dorsey Wright Basic Materials Momentum ETF
34 hedge funds and large institutions have $21.6M invested in Invesco Dorsey Wright Basic Materials Momentum ETF in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 19 reducing their positions, and 8 closing their positions.
12.14% less ownership
Funds ownership: 43.12% → 30.98% (-12%)
17% less funds holding
Funds holding: 41 → 34 (-7)
30% less capital invested
Capital invested by funds: $31M → $21.6M (-$9.4M)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
79% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$971K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$403K |
| 3 |
Goldman Sachs
New York
|
+$342K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$101K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$62.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.65M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.08M |
| 3 |
LPL Financial
San Diego,
California
|
-$885K |
| 4 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$870K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$766K |
PYZ Hedge Fund Activity: Q1 2024 in Review
34 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ) for Q1 2024, worth a combined $21.6M — down 30% from $31M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PYZ and 2 opened new positions — a net loss of 6 holders — while 19 trimmed existing stakes and 4 added.
The largest buyer was IMC Chicago, opening a new position worth an estimated $971K. The largest seller was Morgan Stanley, cutting an estimated $5.65M.
- 34 institutional investors held Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ) as of Q1 2024, down from 41 in Q4 2023.
- Funds reported $21.6M of Invesco Dorsey Wright Basic Materials Momentum ETF stock for Q1 2024, down 30% quarter-over-quarter.
- 2 funds opened new Invesco Dorsey Wright Basic Materials Momentum ETF positions in Q1 2024 and 8 closed out, a net change of -6 holders.
- The largest Invesco Dorsey Wright Basic Materials Momentum ETF buyer in Q1 2024 was IMC Chicago, an estimated $971K added.
- The largest Invesco Dorsey Wright Basic Materials Momentum ETF seller in Q1 2024 was Morgan Stanley, an estimated $5.65M sold.
Based on aggregated 13F filings for Q1 2024.