Invesco Dorsey Wright Momentum ETF
125 hedge funds and large institutions have $847M invested in Invesco Dorsey Wright Momentum ETF in 2016 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 23 increasing their positions, 73 reducing their positions, and 13 closing their positions.
8% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 13
1% more funds holding
Funds holding: 124 → 125 (+1)
3.57% less ownership
Funds ownership: 61.86% → 58.29% (-3.6%)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
33% less capital invested
Capital invested by funds: $1.26B → $847M (-$417M)
68% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 73
Top Buyers
| 1 |
GA
Gateway Advisory
Westfield,
New Jersey
|
+$29.8M |
| 2 |
Goldman Sachs
New York
|
+$6.95M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$5.88M |
| 4 |
SFI
SPC Financial Inc
Rockville,
Maryland
|
+$3.39M |
| 5 |
VF
Virtu Financial
New York
|
+$1.44M |
Top Sellers
| 1 |
UBS Group
Zurich,
Switzerland
|
-$76.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$66M |
| 3 |
Morgan Stanley
New York
|
-$59.2M |
| 4 |
LPL Financial
San Diego,
California
|
-$29.8M |
| 5 |
VanEck Associates
New York
|
-$23.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Citadel Advisors
Miami,
Florida
| – | -$4.87M | -117,763 | Closed |
|
|
TRCT
127
Tower Research Capital (TRC)
New York
| – | -$2.99M | -72,322 | Closed |
|
128
Jane Street
New York
| – | -$2.28M | -55,130 | Closed |
|
|
WA
129
WESPAC Advisors
Orinda,
California
| – | -$1.27M | -30,751 | Closed |
|
130
SG Americas Securities
New York
| – | -$690K | -16,676 | Closed |
|
|
RFC
131
Regions Financial Corp
Birmingham,
Alabama
| – | -$335K | -8,099 | Closed |
|
|
AIM
132
Aspen Investment Management
Grand Rapids,
Michigan
| – | -$261K | -6,307 | Closed |
|
|
JIP
133
Jaffetilchin Investment Partners
Tampa,
Florida
| – | -$231K | -5,580 | Closed |
|
|
AIA
134
Allegis Investment Advisors
Idaho Falls,
Idaho
| – | -$211K | -5,107 | Closed |
|
135
SEI Investments
Oaks,
Pennsylvania
| – | -$34K | -828 | Closed |
|
|
VNA
136
Valley National Advisers
Bethlehem,
Pennsylvania
| – | -$23K | -563 | Closed |
|
|
AFP
137
Ausdal Financial Partners
Davenport,
Iowa
| – | -$7K | -175 | Closed |
|
PDP Hedge Fund Activity: Q1 2016 in Review
125 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Momentum ETF (PDP) for Q1 2016, worth a combined $847M — down 33% from $1.26B a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new PDP positions and 13 closed out — a net gain of 1 holder — while 23 added to existing stakes and 73 trimmed.
The largest buyer was Gateway Advisory, adding an estimated $29.8M. The largest seller was UBS Group, cutting an estimated $76.1M.
- 125 institutional investors held Invesco Dorsey Wright Momentum ETF (PDP) as of Q1 2016, up from 124 in Q4 2015.
- Funds reported $847M of Invesco Dorsey Wright Momentum ETF stock for Q1 2016, down 33% quarter-over-quarter.
- 14 funds opened new Invesco Dorsey Wright Momentum ETF positions in Q1 2016 and 13 closed out, a net change of +1 holder.
- The largest Invesco Dorsey Wright Momentum ETF buyer in Q1 2016 was Gateway Advisory, an estimated $29.8M added.
- The largest Invesco Dorsey Wright Momentum ETF seller in Q1 2016 was UBS Group, an estimated $76.1M sold.
Based on aggregated 13F filings for Q1 2016.