Invesco Dorsey Wright Momentum ETF
161 hedge funds and large institutions have $1.27B invested in Invesco Dorsey Wright Momentum ETF in 2020 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 40 increasing their positions, 59 reducing their positions, and 12 closing their positions.
66% more capital invested
Capital invested by funds: $767M → $1.27B (+$507M)
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
23.84% more ownership
Funds ownership: 52.47% → 76.31% (+24%)
2% more funds holding
Funds holding: 158 → 161 (+3)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
32% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 59
Top Buyers
| 1 |
Citigroup
New York
|
+$339M |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$23.3M |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$23.3M |
| 4 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$22.1M |
| 5 |
TC
Trilogy Capital
Irvine,
California
|
+$17.6M |
Top Sellers
| 1 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$19.7M |
| 2 |
SFI
SPC Financial Inc
Rockville,
Maryland
|
-$18.7M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$7.37M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$5M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$2.73M |
PDP Hedge Fund Activity: Q3 2020 in Review
161 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Momentum ETF (PDP) for Q3 2020, worth a combined $1.27B — up 66% from $767M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PDP positions and 12 closed out — a net gain of 4 holders — while 40 added to existing stakes and 59 trimmed.
The largest buyer was Citigroup, adding an estimated $339M. The largest seller was Prospera Financial Services, cutting an estimated $19.7M.
- 161 institutional investors held Invesco Dorsey Wright Momentum ETF (PDP) as of Q3 2020, up from 158 in Q2 2020.
- Funds reported $1.27B of Invesco Dorsey Wright Momentum ETF stock for Q3 2020, up 66% quarter-over-quarter.
- 16 funds opened new Invesco Dorsey Wright Momentum ETF positions in Q3 2020 and 12 closed out, a net change of +4 holders.
- The largest Invesco Dorsey Wright Momentum ETF buyer in Q3 2020 was Citigroup, an estimated $339M added.
- The largest Invesco Dorsey Wright Momentum ETF seller in Q3 2020 was Prospera Financial Services, an estimated $19.7M sold.
Based on aggregated 13F filings for Q3 2020.