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Invesco Dorsey Wright Momentum ETF
PDP

181 hedge funds and large institutions have $703M invested in Invesco Dorsey Wright Momentum ETF in 2023 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 43 increasing their positions, 57 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

109% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 11

16% more capital invested

Capital invested by funds: $608M → $703M (+$94.6M)

6.57% more ownership

Funds ownership: 56.57% → 63.14% (+6.6%)

5% more funds holding

Funds holding: 172 → 181 (+9)

0% more funds holding in top 10

Funds holding in top 10: 4 → 4 (0)

25% less repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 57

Holders
181
Holders Change
+9
Holders Change %
+5.23%
% of All Funds
2.64%
Holding in Top 10
4
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.06%
New
23
Increased
43
Reduced
57
Closed
11
Calls
$445K
Puts
–
Net Calls
+$445K
Net Calls Change
+$191K

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$62.7M
2
LPL Financial
LPL Financial
California
+$2.27M
3
KWA
Kingswood Wealth Advisors
California
+$1.65M
4
GA
Gateway Advisory
New Jersey
+$1.43M
5
UBS Group
UBS Group
Switzerland
+$1.4M

Top Sellers

Rank Fund Capital Flow
1
CWP
Cyndeo Wealth Partners
Florida
-$14.2M
2
NC
NewSquare Capital
Pennsylvania
-$9.71M
3
PFS
Prospera Financial Services
Texas
-$6.99M
4
Wells Fargo
Wells Fargo
California
-$5.98M
5
Osaic Holdings
Osaic Holdings
Arizona
-$4.47M
Name Holding Trade Value Shares
Change 		Change in
Stake
TNA
126
True North Advisors
Texas
$246K – – –
Northern Trust
127
Northern Trust
Illinois
$239K – – –
Corient Private Wealth
128
Corient Private Wealth
Florida
$233K +$159 +2 +0.1%
DIP
129
Davis Investment Partners
North Carolina
$232K – – –
SWM
130
Selective Wealth Management
Virginia
$231K – – –
National Bank of Canada
131
National Bank of Canada
Quebec, Canada
$229K – – –
AWA
132
Arkadios Wealth Advisors
Georgia
$216K +$201K +2,528 New
APA
133
Astoria Portfolio Advisors
New York
$216K +$192K +2,416 New
AF
134
Apollon Financial
South Carolina
$208K +$193K +2,432 New
WF
135
Welch & Forbes
Massachusetts
$207K -$40K -503 -17%
CPG
136
Custom Portfolio Group
Colorado
$202K +$188K +2,368 New
PWM
137
Perigon Wealth Management
California
$201K +$187K +2,350 New
CFGS
138
Concourse Financial Group Securities
Alabama
$185K – – –
DWMG
139
DB Wealth Management Group
California
$180K – – –
Citigroup
140
Citigroup
New York
$177K +$1.59K +20 +1%
Carson Wealth (CWM LLC)
141
Carson Wealth (CWM LLC)
Nebraska
$161K -$1.35K -17 -0.9%
Bank of Montreal
142
Bank of Montreal
Ontario, Canada
$156K -$2.62K -33 -2%
HIA
143
Harbor Investment Advisory
Maryland
$153K – – –
FFA
144
Founders Financial Alliance
North Carolina
$142K – – –
WWMSC
145
Wagner Wealth Management (South Carolina)
South Carolina
$101K +$79 +1 +0.1%
MA
146
MCF Advisors
Kentucky
$97.5K – – –
ASN
147
Advisory Services Network
Georgia
$91.6K +$85.1K +1,071 New
HWA
148
HHM Wealth Advisors
Tennessee
$86.3K – – –
TIM
149
Tortoise Investment Management
New York
$85.5K – – –
AIM
150
Anchor Investment Management
South Carolina
$73.1K – – –
4 5
6
7 8

PDP Hedge Fund Activity: Q4 2023 in Review

181 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Momentum ETF (PDP) for Q4 2023, worth a combined $703M — up 16% from $608M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new PDP positions and 11 closed out — a net gain of 12 holders — while 43 added to existing stakes and 57 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $62.7M. The largest seller was Cyndeo Wealth Partners, cutting an estimated $14.2M.

  • 181 institutional investors held Invesco Dorsey Wright Momentum ETF (PDP) as of Q4 2023, up from 172 in Q3 2023.
  • Funds reported $703M of Invesco Dorsey Wright Momentum ETF stock for Q4 2023, up 16% quarter-over-quarter.
  • 23 funds opened new Invesco Dorsey Wright Momentum ETF positions in Q4 2023 and 11 closed out, a net change of +12 holders.
  • The largest Invesco Dorsey Wright Momentum ETF buyer in Q4 2023 was Morgan Stanley, an estimated $62.7M added.
  • The largest Invesco Dorsey Wright Momentum ETF seller in Q4 2023 was Cyndeo Wealth Partners, an estimated $14.2M sold.

Based on aggregated 13F filings for Q4 2023.