Invesco Dorsey Wright Momentum ETF
156 hedge funds and large institutions have $645M invested in Invesco Dorsey Wright Momentum ETF in 2020 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 37 increasing their positions, 72 reducing their positions, and 29 closing their positions.
3.8% less ownership
Funds ownership: 56.14% → 52.34% (-3.8%)
11% less funds holding
Funds holding: 175 → 156 (-19)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
45% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 29
49% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 72
75% less call options, than puts
Call options by funds: $766K | Put options by funds: $3.07M
79% less capital inflows, than outflows
Capital inflows: $53.4M | Capital outflows: $254M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Estate Counselors
Thiensville,
Wisconsin
|
+$9.9M |
| 2 |
Simplicity Solutions
Minneapolis,
Minnesota
|
+$4.43M |
| 3 |
AE Wealth Management
Topeka,
Kansas
|
+$4.38M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.94M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Gateway Advisory
Westfield,
New Jersey
|
-$101M |
| 2 |
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$29.6M |
| 3 |
Prospera Financial Services
Dallas,
Texas
|
-$25.5M |
| 4 |
Morgan Stanley
New York
|
-$11.8M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$10.1M |
PDP Hedge Fund Activity: Q1 2020 in Review
156 of the 4,549 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Momentum ETF (PDP) for Q1 2020, worth a combined $645M — down 35% from $990M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of PDP and 16 opened new positions — a net loss of 13 holders — while 72 trimmed existing stakes and 37 added.
The largest buyer was Estate Counselors, opening a new position worth an estimated $9.9M. The largest seller was Gateway Advisory, exiting entirely with an estimated $101M sold.
- 156 institutional investors held Invesco Dorsey Wright Momentum ETF (PDP) as of Q1 2020, down from 175 in Q4 2019.
- Funds reported $645M of Invesco Dorsey Wright Momentum ETF stock for Q1 2020, down 35% quarter-over-quarter.
- 16 funds opened new Invesco Dorsey Wright Momentum ETF positions in Q1 2020 and 29 closed out, a net change of -13 holders.
- The largest Invesco Dorsey Wright Momentum ETF buyer in Q1 2020 was Estate Counselors, an estimated $9.9M added.
- The largest Invesco Dorsey Wright Momentum ETF seller in Q1 2020 was Gateway Advisory, an estimated $101M sold.
Based on aggregated 13F filings for Q1 2020.