Invesco Dorsey Wright Momentum ETF
121 hedge funds and large institutions have $777M invested in Invesco Dorsey Wright Momentum ETF in 2016 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 36 increasing their positions, 57 reducing their positions, and 16 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
6% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 16
2.74% less ownership
Funds ownership: 58.29% → 55.55% (-2.7%)
3% less funds holding
Funds holding: 125 → 121 (-4)
8% less capital invested
Capital invested by funds: $847M → $777M (-$69.9M)
37% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$19.3M |
| 2 |
Jane Street
New York
|
+$10.7M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$6.51M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$4.34M |
| 5 |
SFI
SPC Financial Inc
Rockville,
Maryland
|
+$3.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$27.3M |
| 2 |
Morgan Stanley
New York
|
-$20.9M |
| 3 |
GA
Gateway Advisory
Westfield,
New Jersey
|
-$16.4M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$15.6M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$14.5M |
PDP Hedge Fund Activity: Q2 2016 in Review
121 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Momentum ETF (PDP) for Q2 2016, worth a combined $777M — down 8.2% from $847M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of PDP and 15 opened new positions — a net loss of 1 holder — while 57 trimmed existing stakes and 36 added.
The largest buyer was MSI Financial Services, adding an estimated $19.3M. The largest seller was LPL Financial, cutting an estimated $27.3M.
- 121 institutional investors held Invesco Dorsey Wright Momentum ETF (PDP) as of Q2 2016, down from 125 in Q1 2016.
- Funds reported $777M of Invesco Dorsey Wright Momentum ETF stock for Q2 2016, down 8.2% quarter-over-quarter.
- 15 funds opened new Invesco Dorsey Wright Momentum ETF positions in Q2 2016 and 16 closed out, a net change of -1 holder.
- The largest Invesco Dorsey Wright Momentum ETF buyer in Q2 2016 was MSI Financial Services, an estimated $19.3M added.
- The largest Invesco Dorsey Wright Momentum ETF seller in Q2 2016 was LPL Financial, an estimated $27.3M sold.
Based on aggregated 13F filings for Q2 2016.