Invesco Dorsey Wright Momentum ETF
157 hedge funds and large institutions have $789M invested in Invesco Dorsey Wright Momentum ETF in 2019 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 36 increasing their positions, 63 reducing their positions, and 18 closing their positions.
17% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 18
11% more capital invested
Capital invested by funds: $709M → $789M (+$80.3M)
1% more funds holding
Funds holding: 155 → 157 (+2)
2.4% less ownership
Funds ownership: 56.23% → 53.83% (-2.4%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
43% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Gateway Advisory
Westfield,
New Jersey
|
+$75.7M |
| 2 |
TC
Trilogy Capital
Irvine,
California
|
+$5.7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$4.47M |
| 4 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$3.77M |
| 5 |
OC
Oppenheimer & Co
New York
|
+$2.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$32.9M |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$19.9M |
| 3 |
BFG
Barber Financial Group
Lenexa,
Kansas
|
-$12.8M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.29M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$6.76M |
PDP Hedge Fund Activity: Q1 2019 in Review
157 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Momentum ETF (PDP) for Q1 2019, worth a combined $789M — up 11% from $709M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new PDP positions and 18 closed out — a net gain of 3 holders — while 36 added to existing stakes and 63 trimmed.
The largest buyer was Gateway Advisory, adding an estimated $75.7M. The largest seller was Carson Wealth (CWM LLC), cutting an estimated $32.9M.
- 157 institutional investors held Invesco Dorsey Wright Momentum ETF (PDP) as of Q1 2019, up from 155 in Q4 2018.
- Funds reported $789M of Invesco Dorsey Wright Momentum ETF stock for Q1 2019, up 11% quarter-over-quarter.
- 21 funds opened new Invesco Dorsey Wright Momentum ETF positions in Q1 2019 and 18 closed out, a net change of +3 holders.
- The largest Invesco Dorsey Wright Momentum ETF buyer in Q1 2019 was Gateway Advisory, an estimated $75.7M added.
- The largest Invesco Dorsey Wright Momentum ETF seller in Q1 2019 was Carson Wealth (CWM LLC), an estimated $32.9M sold.
Based on aggregated 13F filings for Q1 2019.