Invesco Dorsey Wright Momentum ETF
190 hedge funds and large institutions have $997M invested in Invesco Dorsey Wright Momentum ETF in 2021 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 42 increasing their positions, 82 reducing their positions, and 17 closing their positions.
29% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 17
3% more funds holding
Funds holding: 185 → 190 (+5)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
32.85% less ownership
Funds ownership: 75.8% → 42.95% (-33%)
35% less capital invested
Capital invested by funds: $1.53B → $997M (-$534M)
49% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 82
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$10.9M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$5.81M |
| 3 |
Mercer Global Advisors
Denver,
Colorado
|
+$4.51M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.05M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$2.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$363M |
| 2 |
GA
Gateway Advisory
Westfield,
New Jersey
|
-$51.9M |
| 3 |
Morgan Stanley
New York
|
-$20.1M |
| 4 |
TC
Trilogy Capital
Irvine,
California
|
-$20M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$13.7M |
PDP Hedge Fund Activity: Q1 2021 in Review
190 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Momentum ETF (PDP) for Q1 2021, worth a combined $997M — down 35% from $1.53B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new PDP positions and 17 closed out — a net gain of 5 holders — while 42 added to existing stakes and 82 trimmed.
The largest buyer was Freedom Investment Management, opening a new position worth an estimated $10.9M. The largest seller was Citigroup, cutting an estimated $363M.
- 190 institutional investors held Invesco Dorsey Wright Momentum ETF (PDP) as of Q1 2021, up from 185 in Q4 2020.
- Funds reported $997M of Invesco Dorsey Wright Momentum ETF stock for Q1 2021, down 35% quarter-over-quarter.
- 22 funds opened new Invesco Dorsey Wright Momentum ETF positions in Q1 2021 and 17 closed out, a net change of +5 holders.
- The largest Invesco Dorsey Wright Momentum ETF buyer in Q1 2021 was Freedom Investment Management, an estimated $10.9M added.
- The largest Invesco Dorsey Wright Momentum ETF seller in Q1 2021 was Citigroup, an estimated $363M sold.
Based on aggregated 13F filings for Q1 2021.