Invesco Dorsey Wright Momentum ETF
172 hedge funds and large institutions have $604M invested in Invesco Dorsey Wright Momentum ETF in 2023 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 45 increasing their positions, 57 reducing their positions, and 13 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
14% more capital invested
Capital invested by funds: $528M → $604M (+$75.8M)
0.53% more ownership
Funds ownership: 53.6% → 54.13% (+0.53%)
2% less funds holding
Funds holding: 175 → 172 (-3)
15% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 13
21% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$13M |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$10.3M |
| 3 |
CWP
Cyndeo Wealth Partners
St. Petersburg,
Florida
|
+$5.12M |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$5M |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$2.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.97M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$5.36M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$4.26M |
| 4 |
Morgan Stanley
New York
|
-$3.37M |
| 5 |
MAP
Milestone Advisory Partners
Southern Pines,
North Carolina
|
-$2.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$319K | -4,202 | Closed |
|
|
FTUS
177
Flow Traders U.S.
New York
| – | -$302K | -3,973 | Closed |
|
|
IA
178
Insight Advisors
Newtown,
Pennsylvania
| – | -$259K | -3,407 | Closed |
|
|
CWA
179
Capital Wealth Alliance
Scottsdale,
Arizona
| – | -$250K | -3,310 | Closed |
|
|
AAS
180
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$109K | -1,430 | Closed |
|
|
ASN
181
Advisory Services Network
Atlanta,
Georgia
| – | -$107K | -1,413 | Closed |
|
|
FA
182
Fortis Advisors
Wayne,
Pennsylvania
| – | -$104K | -1,372 | Closed |
|
|
AWM
183
Accel Wealth Management
Waverly,
Iowa
| – | -$99.9K | -1,315 | Closed |
|
|
KHC
184
Koesten Hirschmann & Crabtree
Overland Park,
Kansas
| – | -$17.5K | -230 | Closed |
|
PDP Hedge Fund Activity: Q2 2023 in Review
172 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Momentum ETF (PDP) for Q2 2023, worth a combined $604M — up 14% from $528M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of PDP and 11 opened new positions — a net loss of 2 holders — while 57 trimmed existing stakes and 45 added.
The largest buyer was NewSquare Capital, adding an estimated $13M. The largest seller was Royal Bank of Canada, cutting an estimated $5.97M.
- 172 institutional investors held Invesco Dorsey Wright Momentum ETF (PDP) as of Q2 2023, down from 175 in Q1 2023.
- Funds reported $604M of Invesco Dorsey Wright Momentum ETF stock for Q2 2023, up 14% quarter-over-quarter.
- 11 funds opened new Invesco Dorsey Wright Momentum ETF positions in Q2 2023 and 13 closed out, a net change of -2 holders.
- The largest Invesco Dorsey Wright Momentum ETF buyer in Q2 2023 was NewSquare Capital, an estimated $13M added.
- The largest Invesco Dorsey Wright Momentum ETF seller in Q2 2023 was Royal Bank of Canada, an estimated $5.97M sold.
Based on aggregated 13F filings for Q2 2023.