Invesco Dorsey Wright Momentum ETF
175 hedge funds and large institutions have $990M invested in Invesco Dorsey Wright Momentum ETF in 2019 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 52 increasing their positions, 57 reducing their positions, and 12 closing their positions.
167% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 12
104% more call options, than puts
Call options by funds: $1.02M | Put options by funds: $502K
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
11% more funds holding
Funds holding: 157 → 175 (+18)
9% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 57
12% less capital invested
Capital invested by funds: $1.13B → $990M (-$138M)
15.65% less ownership
Funds ownership: 71.79% → 56.14% (-16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Gateway Advisory
Westfield,
New Jersey
|
+$75.8M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$16.3M |
| 3 |
Morgan Stanley
New York
|
+$8.24M |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$6.06M |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
+$5.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$273M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
-$10.6M |
| 3 |
AIP
Almanack Investment Partners
Wayne,
Pennsylvania
|
-$6.91M |
| 4 |
OC
Oppenheimer & Co
New York
|
-$3.53M |
| 5 |
DIM
Delta Investment Management
San Francisco,
California
|
-$3.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIP
176
Almanack Investment Partners
Wayne,
Pennsylvania
| – | -$6.91M | -113,442 | Closed |
|
|
DIM
177
Delta Investment Management
San Francisco,
California
| – | -$3.02M | -49,548 | Closed |
|
|
BFA
178
Brendel Financial Advisors
Hanover,
New Hampshire
| – | -$2.36M | -38,693 | Closed |
|
|
BCM
179
Barometer Capital Management
Toronto,
Ontario, Canada
| – | -$1.91M | -31,400 | Closed |
|
|
PCM
180
Penserra Capital Management
Orinda,
California
| – | -$1.08M | -17,732 | Closed |
|
|
GCA
181
Genesee Capital Advisors
Auburn,
New York
| – | -$699K | -11,483 | Closed |
|
|
OMC
182
Old Mission Capital
Chicago,
Illinois
| – | -$652K | -10,710 | Closed |
|
|
RCG
183
Ruggie Capital Group
Tavares,
Florida
| – | -$536K | -8,797 | Closed |
|
|
AWA
184
Arete Wealth Advisors
Chicago,
Illinois
| – | -$262K | -4,306 | Closed |
|
|
AIC
185
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$27K | -440 | Closed |
|
186
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$13K | -220 | Closed |
|
|
CFD
187
Creative Financial Designs
Kokomo,
Indiana
| – | -$2K | -30 | Closed |
|
PDP Hedge Fund Activity: Q4 2019 in Review
175 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Momentum ETF (PDP) for Q4 2019, worth a combined $990M — down 12% from $1.13B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new PDP positions and 12 closed out — a net gain of 20 holders — while 52 added to existing stakes and 57 trimmed.
The largest buyer was Gateway Advisory, adding an estimated $75.8M. The largest seller was Citigroup, cutting an estimated $273M.
- 175 institutional investors held Invesco Dorsey Wright Momentum ETF (PDP) as of Q4 2019, up from 157 in Q3 2019.
- Funds reported $990M of Invesco Dorsey Wright Momentum ETF stock for Q4 2019, down 12% quarter-over-quarter.
- 32 funds opened new Invesco Dorsey Wright Momentum ETF positions in Q4 2019 and 12 closed out, a net change of +20 holders.
- The largest Invesco Dorsey Wright Momentum ETF buyer in Q4 2019 was Gateway Advisory, an estimated $75.8M added.
- The largest Invesco Dorsey Wright Momentum ETF seller in Q4 2019 was Citigroup, an estimated $273M sold.
Based on aggregated 13F filings for Q4 2019.