Invesco Dorsey Wright Momentum ETF
65 hedge funds and large institutions have $622M invested in Invesco Dorsey Wright Momentum ETF in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 32 increasing their positions, 19 reducing their positions, and 13 closing their positions.
68% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 19
22% more capital invested
Capital invested by funds: $508M → $622M (+$114M)
1.57% less ownership
Funds ownership: 58.58% → 57.02% (-1.6%)
7% less funds holding
Funds holding: 70 → 65 (-5)
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$9.82M |
| 2 |
LPL Financial
San Diego,
California
|
+$8.47M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$5.69M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$3.54M |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$3.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$19.9M |
| 2 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$15.8M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$9.72M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.24M |
| 5 |
Morgan Stanley
New York
|
-$1.9M |
PDP Hedge Fund Activity: Q3 2013 in Review
65 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Momentum ETF (PDP) for Q3 2013, worth a combined $622M — up 22% from $508M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of PDP and 8 opened new positions — a net loss of 5 holders — while 19 trimmed existing stakes and 32 added.
The largest buyer was Royal Bank of Canada, adding an estimated $9.82M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $19.9M.
- 65 institutional investors held Invesco Dorsey Wright Momentum ETF (PDP) as of Q3 2013, down from 70 in Q2 2013.
- Funds reported $622M of Invesco Dorsey Wright Momentum ETF stock for Q3 2013, up 22% quarter-over-quarter.
- 8 funds opened new Invesco Dorsey Wright Momentum ETF positions in Q3 2013 and 13 closed out, a net change of -5 holders.
- The largest Invesco Dorsey Wright Momentum ETF buyer in Q3 2013 was Royal Bank of Canada, an estimated $9.82M added.
- The largest Invesco Dorsey Wright Momentum ETF seller in Q3 2013 was Raymond James Financial Services Advisors, an estimated $19.9M sold.
Based on aggregated 13F filings for Q3 2013.