Invesco Dorsey Wright Momentum ETF
115 hedge funds and large institutions have $850M invested in Invesco Dorsey Wright Momentum ETF in 2016 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 39 increasing their positions, 47 reducing their positions, and 11 closing their positions.
0.03% more ownership
Funds ownership: 59.57% → 59.6% (+0.03%)
0% less capital invested
Capital invested by funds: $854M → $850M (-$3.41M)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
2% less funds holding
Funds holding: 117 → 115 (-2)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
17% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 47
Top Buyers
| 1 |
GA
Gateway Advisory
Westfield,
New Jersey
|
+$35.7M |
| 2 |
SFI
SPC Financial Inc
Rockville,
Maryland
|
+$5.67M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.92M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.15M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.66M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$17.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$6.95M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$6.17M |
| 4 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$4.4M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.04M |
PDP Hedge Fund Activity: Q4 2016 in Review
115 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Momentum ETF (PDP) for Q4 2016, worth a combined $850M — down 0.4% from $854M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PDP and 10 opened new positions — a net loss of 1 holder — while 47 trimmed existing stakes and 39 added.
The largest buyer was Gateway Advisory, adding an estimated $35.7M. The largest seller was Morgan Stanley, cutting an estimated $17.3M.
- 115 institutional investors held Invesco Dorsey Wright Momentum ETF (PDP) as of Q4 2016, down from 117 in Q3 2016.
- Funds reported $850M of Invesco Dorsey Wright Momentum ETF stock for Q4 2016, down 0.4% quarter-over-quarter.
- 10 funds opened new Invesco Dorsey Wright Momentum ETF positions in Q4 2016 and 11 closed out, a net change of -1 holder.
- The largest Invesco Dorsey Wright Momentum ETF buyer in Q4 2016 was Gateway Advisory, an estimated $35.7M added.
- The largest Invesco Dorsey Wright Momentum ETF seller in Q4 2016 was Morgan Stanley, an estimated $17.3M sold.
Based on aggregated 13F filings for Q4 2016.