Invesco Dorsey Wright Momentum ETF
126 hedge funds and large institutions have $768M invested in Invesco Dorsey Wright Momentum ETF in 2017 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 39 increasing their positions, 49 reducing their positions, and 4 closing their positions.
200% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 4
5% more funds holding
Funds holding: 120 → 126 (+6)
0% more capital invested
Capital invested by funds: $765M → $768M (+$2.55M)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
1.04% less ownership
Funds ownership: 55.79% → 54.75% (-1%)
20% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$4.58M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$4.1M |
| 3 |
TSS
Two Sigma Securities
New York
|
+$3.44M |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$2.06M |
| 5 |
GA
Gateway Advisory
Westfield,
New Jersey
|
+$1.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
-$21M |
| 2 |
Morgan Stanley
New York
|
-$5.85M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$4.23M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.75M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$2.75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Citadel Advisors
Miami,
Florida
| – | -$2.09M | -44,631 | Closed |
|
|
CWM
127
Concert Wealth Management
San Jose,
California
| – | -$314K | -6,706 | Closed |
|
128
Wolverine Trading
Chicago,
Illinois
| – | -$212K | -4,552 | Closed |
|
|
SF
129
Synovus Financial
Columbus,
Georgia
| – | -$9K | -200 | Closed |
|
PDP Hedge Fund Activity: Q3 2017 in Review
126 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Momentum ETF (PDP) for Q3 2017, worth a combined $768M — up 0.33% from $765M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PDP positions and 4 closed out — a net gain of 8 holders — while 39 added to existing stakes and 49 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $4.58M. The largest seller was MML Investors Services, cutting an estimated $21M.
- 126 institutional investors held Invesco Dorsey Wright Momentum ETF (PDP) as of Q3 2017, up from 120 in Q2 2017.
- Funds reported $768M of Invesco Dorsey Wright Momentum ETF stock for Q3 2017, up 0.33% quarter-over-quarter.
- 12 funds opened new Invesco Dorsey Wright Momentum ETF positions in Q3 2017 and 4 closed out, a net change of +8 holders.
- The largest Invesco Dorsey Wright Momentum ETF buyer in Q3 2017 was Raymond James & Associates, an estimated $4.58M added.
- The largest Invesco Dorsey Wright Momentum ETF seller in Q3 2017 was MML Investors Services, an estimated $21M sold.
Based on aggregated 13F filings for Q3 2017.