Invesco Dorsey Wright Momentum ETF
PDP
120 hedge funds and large institutions have $765M invested in Invesco Dorsey Wright Momentum ETF in 2017 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 43 increasing their positions, 45 reducing their positions, and 9 closing their positions.
279% more call options, than puts
Call options by funds: $861K | Put options by funds: $227K
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
9.5% more ownership
Funds ownership: 46.29% → 55.79% (+9.5%)
8% more capital invested
Capital invested by funds: $710M → $765M (+$55M)
6% more funds holding
Funds holding: 113 → 120 (+7)
4% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
+$58.2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$10M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$4.25M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.94M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Gateway Advisory
Westfield,
New Jersey
|
-$37M |
| 2 |
Morgan Stanley
New York
|
-$18.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$12.3M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$4.13M |
| 5 |
CWM
Concert Wealth Management
San Jose,
California
|
-$2.99M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAG
126
Crestwood Advisors Group
Boston,
Massachusetts
| – | -$31K | -667 | Closed |
|
|
CG
127
Cutler Group
San Francisco,
California
| – | -$4.61K | -100 | Closed |
|
128
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$4K | -90 | Closed |
|
PDP Hedge Fund Activity: Q2 2017 in Review
120 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Momentum ETF (PDP) for Q2 2017, worth a combined $765M — up 7.8% from $710M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PDP positions and 9 closed out — a net gain of 7 holders — while 43 added to existing stakes and 45 trimmed.
The largest buyer was MML Investors Services, opening a new position worth an estimated $58.2M. The largest seller was Gateway Advisory, cutting an estimated $37M.
- 120 institutional investors held Invesco Dorsey Wright Momentum ETF (PDP) as of Q2 2017, up from 113 in Q1 2017.
- Funds reported $765M of Invesco Dorsey Wright Momentum ETF stock for Q2 2017, up 7.8% quarter-over-quarter.
- 16 funds opened new Invesco Dorsey Wright Momentum ETF positions in Q2 2017 and 9 closed out, a net change of +7 holders.
- The largest Invesco Dorsey Wright Momentum ETF buyer in Q2 2017 was MML Investors Services, an estimated $58.2M added.
- The largest Invesco Dorsey Wright Momentum ETF seller in Q2 2017 was Gateway Advisory, an estimated $37M sold.
Based on aggregated 13F filings for Q2 2017.