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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

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

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
AWM
176
Abound Wealth Management
Tennessee
$6.84K – – –
IRC
177
Investors Research Corp
Georgia
$6.41K – – –
CMA
178
Cedar Mountain Advisors
Oregon
$2.4K – – –
RFA
179
Register Financial Advisors
Georgia
$1.03K +$953 +12 New
CAL
180
Capital Analysts LLC
Pennsylvania
$1K – – –
GAA
181
Global Assets Advisory
Florida
– -$246K -3,200 Closed
CFB
182
Cullen/Frost Bankers
Texas
– -$177K -2,304 Closed
RIA
183
Realta Investment Advisors
Delaware
– -$179K -2,208 Closed
WFA
184
WestHill Financial Advisors
California
– -$143K -1,853 Closed
SSWM
185
Sheets Smith Wealth Management
North Carolina
– -$67K -870 Closed
FWP
186
FAS Wealth Partners
Kansas
– -$50.2K -652 Closed
MPWT
187
MassMutual Private Wealth & Trust
Connecticut
– -$38.7K -503 Closed
DFA
188
DHJJ Financial Advisors
Illinois
– -$18.6K -242 Closed
CSPIA
189
Cary Street Partners Investment Advisory
Virginia
– -$11.5K -150 Closed
AWM
190
Avior Wealth Management
Nebraska
– -$6.39K -83 Closed
US Bancorp
191
US Bancorp
Minnesota
– -$5.77K -75 Closed
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.