Invesco Dorsey Wright Momentum ETF
86 hedge funds and large institutions have $774M invested in Invesco Dorsey Wright Momentum ETF in 2014 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 39 increasing their positions, 18 reducing their positions, and 3 closing their positions.
567% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 3
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
117% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 18
25% more funds holding
Funds holding: 69 → 86 (+17)
6% more capital invested
Capital invested by funds: $728M → $774M (+$45.6M)
1.72% less ownership
Funds ownership: 54.83% → 53.11% (-1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
+$12.4M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$7.45M |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$5.99M |
| 4 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$3.22M |
| 5 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
+$3.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$22.4M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$2.68M |
| 3 |
WA
WESPAC Advisors
Orinda,
California
|
-$2.66M |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$1.6M |
| 5 |
SG Americas Securities
New York
|
-$901K |
PDP Hedge Fund Activity: Q1 2014 in Review
86 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Momentum ETF (PDP) for Q1 2014, worth a combined $774M — up 6.3% from $728M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new PDP positions and 3 closed out — a net gain of 17 holders — while 39 added to existing stakes and 18 trimmed.
The largest buyer was Accuvest Global Advisors, opening a new position worth an estimated $12.4M. The largest seller was Wells Fargo, cutting an estimated $22.4M.
- 86 institutional investors held Invesco Dorsey Wright Momentum ETF (PDP) as of Q1 2014, up from 69 in Q4 2013.
- Funds reported $774M of Invesco Dorsey Wright Momentum ETF stock for Q1 2014, up 6.3% quarter-over-quarter.
- 20 funds opened new Invesco Dorsey Wright Momentum ETF positions in Q1 2014 and 3 closed out, a net change of +17 holders.
- The largest Invesco Dorsey Wright Momentum ETF buyer in Q1 2014 was Accuvest Global Advisors, an estimated $12.4M added.
- The largest Invesco Dorsey Wright Momentum ETF seller in Q1 2014 was Wells Fargo, an estimated $22.4M sold.
Based on aggregated 13F filings for Q1 2014.