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Invesco Dorsey Wright Momentum ETF

115 hedge funds and large institutions have $850M invested in Invesco Dorsey Wright Momentum ETF in 2016 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 39 increasing their positions, 47 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.03% more ownership

Funds ownership: 59.57%59.6% (+0.03%)

0% less capital invested

Capital invested by funds: $854M → $850M (-$3.41M)

9% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 11

2% less funds holding

Funds holding: 117115 (-2)

13% less funds holding in top 10

Funds holding in top 10: 87 (-1)

17% less repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 47

Holders
115
Holders Change
-2
Holders Change %
-1.71%
% of All Funds
2.88%
Holding in Top 10
7
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-12.5%
% of All Funds
0.17%
New
10
Increased
39
Reduced
47
Closed
11
Calls
$252K
Puts
Net Calls
+$252K
Net Calls Change
-$67K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$133M -$17.3M -413,669 -12%
Wells Fargo
2
Wells Fargo
California
$95.7M -$6.95M -166,167 -7%
GA
3
Gateway Advisory
New Jersey
$61M +$35.7M +852,818 +142%
SG
4
Strid Group
Pennsylvania
$48.4M -$547K -13,090 -1%
RJFSA
5
Raymond James Financial Services Advisors
Florida
$42.8M +$2.26M +53,990 +6%
RJA
6
Raymond James & Associates
Florida
$41.3M +$293K +7,008 +0.7%
UBS Group
7
UBS Group
Switzerland
$41.1M +$1.31M +31,349 +3%
Bank of America
8
Bank of America
North Carolina
$37.7M -$6.17M -147,589 -14%
MFS
9
MSI Financial Services
Massachusetts
$34.8M +$1.29M +30,802 +4%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$33.5M +$262K +6,272 +0.8%
PFS
11
Prospera Financial Services
Texas
$27.9M -$1.93M -46,191 -7%
NC
12
NewSquare Capital
Pennsylvania
$24.3M -$4.4M -105,126 -15%
Ameriprise
13
Ameriprise
Minnesota
$23.7M +$3.15M +75,455 +15%
SFI
14
SPC Financial Inc
Maryland
$20.9M +$5.67M +135,571 +37%
LPL Financial
15
LPL Financial
California
$17.8M +$2.37M +56,664 +15%
Wealth Enhancement Advisory Services
16
Wealth Enhancement Advisory Services
Minnesota
$11.1M -$118K -2,814 -1%
BTS
17
BB&T Securities
Virginia
$9.88M
Carson Wealth (CWM LLC)
18
Carson Wealth (CWM LLC)
Nebraska
$8.87M -$3.26M -77,890 -27%
Janney Montgomery Scott
19
Janney Montgomery Scott
Pennsylvania
$8.57M +$867K +20,746 +11%
AG
20
Advisor Group
Arizona
$8.38M -$3.51M -84,034 -30%
Stifel Financial
21
Stifel Financial
Missouri
$8.21M +$2.53M +60,575 +45%
NA
22
NewEdge Advisors
Louisiana
$8.16M +$86.3K +2,064 +1%
OPCM
23
Osborne Partners Capital Management
California
$7.96M -$516K -12,334 -6%
Invesco
24
Invesco
Georgia
$5.89M -$893K -21,349 -13%
FAAS
25
First Allied Advisory Services
California
$4.97M +$60.3K +1,441 +1%

PDP Hedge Fund Activity: Q4 2016 in Review

115 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Momentum ETF (PDP) for Q4 2016, worth a combined $850M — down 0.4% from $854M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of PDP and 10 opened new positions — a net loss of 1 holder — while 47 trimmed existing stakes and 39 added.

The largest buyer was Gateway Advisory, adding an estimated $35.7M. The largest seller was Morgan Stanley, cutting an estimated $17.3M.

  • 115 institutional investors held Invesco Dorsey Wright Momentum ETF (PDP) as of Q4 2016, down from 117 in Q3 2016.
  • Funds reported $850M of Invesco Dorsey Wright Momentum ETF stock for Q4 2016, down 0.4% quarter-over-quarter.
  • 10 funds opened new Invesco Dorsey Wright Momentum ETF positions in Q4 2016 and 11 closed out, a net change of -1 holder.
  • The largest Invesco Dorsey Wright Momentum ETF buyer in Q4 2016 was Gateway Advisory, an estimated $35.7M added.
  • The largest Invesco Dorsey Wright Momentum ETF seller in Q4 2016 was Morgan Stanley, an estimated $17.3M sold.

Based on aggregated 13F filings for Q4 2016.