Invesco Dorsey Wright Momentum ETF
PDP
153 hedge funds and large institutions have $870M invested in Invesco Dorsey Wright Momentum ETF in 2019 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 47 increasing their positions, 57 reducing their positions, and 13 closing their positions.
226% more call options, than puts
Call options by funds: $1.12M | Put options by funds: $344K
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
23% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 13
11% more capital invested
Capital invested by funds: $784M → $870M (+$85.5M)
2.55% more ownership
Funds ownership: 53.83% → 56.38% (+2.5%)
3% less funds holding
Funds holding: 157 → 153 (-4)
18% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$42.5M |
| 2 |
EC
Estate Counselors
Thiensville,
Wisconsin
|
+$8.04M |
| 3 |
RCG
Ruggie Capital Group
Tavares,
Florida
|
+$7.39M |
| 4 |
AIP
Almanack Investment Partners
Wayne,
Pennsylvania
|
+$6.93M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$5.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Gateway Advisory
Westfield,
New Jersey
|
-$44.5M |
| 2 |
Morgan Stanley
New York
|
-$2.88M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.79M |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
-$2.34M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.77M |
PDP Hedge Fund Activity: Q2 2019 in Review
153 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Momentum ETF (PDP) for Q2 2019, worth a combined $870M — up 11% from $784M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PDP positions and 13 closed out — a net gain of 3 holders — while 47 added to existing stakes and 57 trimmed.
The largest buyer was Prospera Financial Services, opening a new position worth an estimated $42.5M. The largest seller was Gateway Advisory, cutting an estimated $44.5M.
- 153 institutional investors held Invesco Dorsey Wright Momentum ETF (PDP) as of Q2 2019, down from 157 in Q1 2019.
- Funds reported $870M of Invesco Dorsey Wright Momentum ETF stock for Q2 2019, up 11% quarter-over-quarter.
- 16 funds opened new Invesco Dorsey Wright Momentum ETF positions in Q2 2019 and 13 closed out, a net change of +3 holders.
- The largest Invesco Dorsey Wright Momentum ETF buyer in Q2 2019 was Prospera Financial Services, an estimated $42.5M added.
- The largest Invesco Dorsey Wright Momentum ETF seller in Q2 2019 was Gateway Advisory, an estimated $44.5M sold.
Based on aggregated 13F filings for Q2 2019.