Invesco Dorsey Wright Momentum ETF
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.
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$62.7M |
| 2 |
LPL Financial
San Diego,
California
|
+$2.27M |
| 3 |
KWA
Kingswood Wealth Advisors
San Diego,
California
|
+$1.65M |
| 4 |
GA
Gateway Advisory
Westfield,
New Jersey
|
+$1.43M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWP
Cyndeo Wealth Partners
St. Petersburg,
Florida
|
-$14.2M |
| 2 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$9.71M |
| 3 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$6.99M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$5.98M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$4.47M |
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.