Invesco Dorsey Wright Momentum ETF
117 hedge funds and large institutions have $868M invested in Invesco Dorsey Wright Momentum ETF in 2016 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 38 increasing their positions, 46 reducing their positions, and 9 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
12% more capital invested
Capital invested by funds: $777M → $868M (+$90.8M)
4.02% more ownership
Funds ownership: 55.55% → 59.57% (+4%)
3% less funds holding
Funds holding: 121 → 117 (-4)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
17% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$20M |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$19.7M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$13.2M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$10.3M |
| 5 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$8.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$8.4M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$5.51M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$5.45M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.25M |
| 5 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
-$2.55M |
PDP Hedge Fund Activity: Q3 2016 in Review
117 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Momentum ETF (PDP) for Q3 2016, worth a combined $868M — up 12% from $777M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PDP and 8 opened new positions — a net loss of 1 holder — while 46 trimmed existing stakes and 38 added.
The largest buyer was NewSquare Capital, adding an estimated $20M. The largest seller was Jane Street, cutting an estimated $8.4M.
- 117 institutional investors held Invesco Dorsey Wright Momentum ETF (PDP) as of Q3 2016, down from 121 in Q2 2016.
- Funds reported $868M of Invesco Dorsey Wright Momentum ETF stock for Q3 2016, up 12% quarter-over-quarter.
- 8 funds opened new Invesco Dorsey Wright Momentum ETF positions in Q3 2016 and 9 closed out, a net change of -1 holder.
- The largest Invesco Dorsey Wright Momentum ETF buyer in Q3 2016 was NewSquare Capital, an estimated $20M added.
- The largest Invesco Dorsey Wright Momentum ETF seller in Q3 2016 was Jane Street, an estimated $8.4M sold.
Based on aggregated 13F filings for Q3 2016.