Invesco Dorsey Wright Momentum ETF
69 hedge funds and large institutions have $728M invested in Invesco Dorsey Wright Momentum ETF in 2013 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 37 increasing their positions, 14 reducing their positions, and 8 closing their positions.
164% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 14
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
17% more capital invested
Capital invested by funds: $622M → $728M (+$106M)
6% more funds holding
Funds holding: 65 → 69 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.19% less ownership
Funds ownership: 57.02% → 54.83% (-2.2%)
Top Buyers
| 1 |
Wells Fargo
San Francisco,
California
|
+$29.1M |
| 2 |
Morgan Stanley
New York
|
+$11.7M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$10.9M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.56M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.61M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Comerica Bank
Dallas,
Texas
| – | -$247K | -7,307 | Closed |
|
77
Envestnet Asset Management
Chicago,
Illinois
| – | -$30K | -884 | Closed |
|
PDP Hedge Fund Activity: Q4 2013 in Review
69 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Momentum ETF (PDP) for Q4 2013, worth a combined $728M — up 17% from $622M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PDP positions and 8 closed out — a net gain of 5 holders — while 37 added to existing stakes and 14 trimmed.
The largest buyer was Wells Fargo, adding an estimated $29.1M. The largest seller was RiverFront Investment Group, exiting entirely with an estimated $9.13M sold.
- 69 institutional investors held Invesco Dorsey Wright Momentum ETF (PDP) as of Q4 2013, up from 65 in Q3 2013.
- Funds reported $728M of Invesco Dorsey Wright Momentum ETF stock for Q4 2013, up 17% quarter-over-quarter.
- 13 funds opened new Invesco Dorsey Wright Momentum ETF positions in Q4 2013 and 8 closed out, a net change of +5 holders.
- The largest Invesco Dorsey Wright Momentum ETF buyer in Q4 2013 was Wells Fargo, an estimated $29.1M added.
- The largest Invesco Dorsey Wright Momentum ETF seller in Q4 2013 was RiverFront Investment Group, an estimated $9.13M sold.
Based on aggregated 13F filings for Q4 2013.