Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

INVESCO DORSEY WRIGHT FINANCIAL MOMENTUM ETF (PFI)

37 + Investors. Track Smart Money conviction in PFI. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +3
Streak
1Q ▲
Buyers last Q
52%

Smart Money Signals — PFI

Based on 37 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added PFI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (97% of max)

97% of all-time peak
37 hedge funds hold PFI right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding PFI is almost the same as a year ago (-1 funds, -3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 52% buying

16 buying15 selling
Last quarter: 16 funds bought or added vs 15 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~6 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 4 → 4 → 3 → 6. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

59% of holders stayed for 2+ years

59% conviction (2yr+) 24% medium 16% new
22 out of 37 hedge funds have held PFI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~6 new funds/quarter

11 → 4 → 4 → 3 → 6 new funds/Q
New funds entering each quarter: 4 → 4 → 3 → 6. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 68% of holders stayed 2+ years

68% veterans 5% 1-2yr 27% new
Of 37 current holders: 25 (68%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.

Strong quality — 25% AUM from major funds

25% from top-100 AUM funds
12 of 37 holders rank in the top 100 by AUM, accounting for 25% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — PFI

In 2025 Q4, 16 hedge funds were net buyers of PFI (6 opened a new position, 10 added to an existing one), while 15 reduced or exited (12 trimmed, 3 sold completely) — a 52% buyer ratio, indicating a slight buying edge. 25% of total institutional value in PFI is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +3 funds (more new holders than closures). Total institutional holders: 37.

Hedge Fund Ownership: PFI

How many hedge funds hold PFI — quarterly history vs. share price
Quarterly hedge fund ownership of PFI vs. share price

Market Analysis: PFI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PFI

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

7 top-rated funds 0 high-conviction
Consensus
3.9
/ 10
breadth
×
Elite
0.2
/ 10
conviction
Hedge Fund Positioning: PFI
2026 Q1 Stats Unlock in 5 days 37 + Investors

Track Smart Money conviction in PFI. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 37 34 8.82%
13F Shares 641K 727K -11.9%
Total Value $37M $42M -12.32%
New Positions 6 3 +3
Increased Positions 10 12 -2
Closed Positions 3 3 -
Reduced Positions 12 12 -
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PFI

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Institutional Holders (2026 Q1)

37 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in PFI. Verified SEC 13F-HR filings.

QUARTER:
Top 25 institutional holders of PFI — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Genesee Capital Advisors, LLC 0.18% 8,134 $433K
2 Trueblood Wealth Management, LLC 0.16% 7,592 $404K
3 Sensible Money, LLC 0.10% 5,973 $318K
4 BELLEVUE ASSET MANAGEMENT, LLC 0.04% 1,472 $78K
5 Laurel Wealth Advisors LLC 0.03% 4,367 $257K
6 Transamerica Financial Advisors, LLC 0.02% 3,833 $204K
7 Farther Finance Advisors, LLC 0.01% 16,911 $905K
8 Providence Capital Advisors, LLC 0.00% 293 $16K
9 Geneos Wealth Management Inc. 0.00% 1,800 $96K
10 Sound Income Strategies, LLC 0.00% 338 $18K
11 LPL Financial LLC 0.00% 60,221 $3.2M
12 IMC-Chicago, LLC 0.00% 37,451 $2.0M
13 Janney Montgomery Scott LLC 0.00% 4,372
14 TWO SIGMA INVESTMENTS, LP 0.00% 12,500 $666K
15 Cambridge Investment Research Advisors, Inc. 0.00% 3,756
16 IFP Advisors, Inc 0.00% 300 $16K
17 Cetera Investment Advisers 0.00% 4,970 $265K
18 AMERIPRISE FINANCIAL INC 0.00% 10,011 $533K
19 RAYMOND JAMES FINANCIAL INC 0.00% 5,601 $298K
20 MORGAN STANLEY 0.00% 28,265 $1.5M
21 UBS Group AG 0.00% 11,233 $598K
22 JONES FINANCIAL COMPANIES LLLP 0.00% 3,066 $158K
23 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 11,082 $590K
24 OSAIC HOLDINGS, INC. 0.00% 755 $40K
25 GOLDMAN SACHS GROUP INC 0.00% 6,965 $371K
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — INVESCO DORSEY WRIGHT FINANCIAL MOMENTUM ETF (PFI)

What does the Smart Money Trend signal show for PFI?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added PFI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for PFI?

Slight buying edge — 52% buying: Last quarter: 16 funds bought or added vs 15 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for PFI holders?

Strong quality — 25% AUM from major funds: 12 of 37 holders rank in the top 100 by AUM, accounting for 25% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held PFI?

59% of holders stayed for 2+ years: 22 out of 37 hedge funds have held PFI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.