Invesco Dorsey Wright Momentum ETF
195 hedge funds and large institutions have $727M invested in Invesco Dorsey Wright Momentum ETF in 2024 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 45 increasing their positions, 56 reducing their positions, and 9 closing their positions.
178% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 9
8% more funds holding
Funds holding: 181 → 195 (+14)
3% more capital invested
Capital invested by funds: $703M → $727M (+$24M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
4.02% less ownership
Funds ownership: 63.14% → 59.12% (-4%)
20% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 56
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAA
Global Assets Advisory
Orlando,
Florida
|
+$28.7M |
| 2 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$7.28M |
| 3 |
WA
Win Advisors
Palm Beach Gardens,
Florida
|
+$5.7M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.24M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$83.5M |
| 2 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$11.3M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.88M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.57M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.53M |
PDP Hedge Fund Activity: Q1 2024 in Review
195 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Momentum ETF (PDP) for Q1 2024, worth a combined $727M — up 3.4% from $703M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new PDP positions and 9 closed out — a net gain of 16 holders — while 45 added to existing stakes and 56 trimmed.
The largest buyer was Global Assets Advisory, opening a new position worth an estimated $28.7M. The largest seller was Morgan Stanley, cutting an estimated $83.5M.
- 195 institutional investors held Invesco Dorsey Wright Momentum ETF (PDP) as of Q1 2024, up from 181 in Q4 2023.
- Funds reported $727M of Invesco Dorsey Wright Momentum ETF stock for Q1 2024, up 3.4% quarter-over-quarter.
- 25 funds opened new Invesco Dorsey Wright Momentum ETF positions in Q1 2024 and 9 closed out, a net change of +16 holders.
- The largest Invesco Dorsey Wright Momentum ETF buyer in Q1 2024 was Global Assets Advisory, an estimated $28.7M added.
- The largest Invesco Dorsey Wright Momentum ETF seller in Q1 2024 was Morgan Stanley, an estimated $83.5M sold.
Based on aggregated 13F filings for Q1 2024.