Invesco Dorsey Wright Momentum ETF
185 hedge funds and large institutions have $1.53B invested in Invesco Dorsey Wright Momentum ETF in 2020 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 42 increasing their positions, 61 reducing their positions, and 9 closing their positions.
311% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 9
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
20% more capital invested
Capital invested by funds: $1.27B → $1.53B (+$258M)
15% more funds holding
Funds holding: 161 → 185 (+24)
0.51% less ownership
Funds ownership: 76.31% → 75.8% (-0.51%)
31% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Gateway Advisory
Westfield,
New Jersey
|
+$45.6M |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$37.1M |
| 3 |
Goldman Sachs
New York
|
+$12.3M |
| 4 |
LPL Financial
San Diego,
California
|
+$5.89M |
| 5 |
Morgan Stanley
New York
|
+$4.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$37.7M |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$16.8M |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$15.7M |
| 4 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$4.87M |
| 5 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$4.33M |
PDP Hedge Fund Activity: Q4 2020 in Review
185 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Momentum ETF (PDP) for Q4 2020, worth a combined $1.53B — up 20% from $1.27B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new PDP positions and 9 closed out — a net gain of 28 holders — while 42 added to existing stakes and 61 trimmed.
The largest buyer was Gateway Advisory, adding an estimated $45.6M. The largest seller was Citigroup, cutting an estimated $37.7M.
- 185 institutional investors held Invesco Dorsey Wright Momentum ETF (PDP) as of Q4 2020, up from 161 in Q3 2020.
- Funds reported $1.53B of Invesco Dorsey Wright Momentum ETF stock for Q4 2020, up 20% quarter-over-quarter.
- 37 funds opened new Invesco Dorsey Wright Momentum ETF positions in Q4 2020 and 9 closed out, a net change of +28 holders.
- The largest Invesco Dorsey Wright Momentum ETF buyer in Q4 2020 was Gateway Advisory, an estimated $45.6M added.
- The largest Invesco Dorsey Wright Momentum ETF seller in Q4 2020 was Citigroup, an estimated $37.7M sold.
Based on aggregated 13F filings for Q4 2020.