Invesco Dorsey Wright Momentum ETF
182 hedge funds and large institutions have $567M invested in Invesco Dorsey Wright Momentum ETF in 2022 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 36 increasing their positions, 72 reducing their positions, and 12 closing their positions.
125% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 12
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
8% more funds holding
Funds holding: 169 → 182 (+13)
1.09% more ownership
Funds ownership: 53.64% → 54.73% (+1.1%)
23% less capital inflows, than outflows
Capital inflows: $59.1M | Capital outflows: $77.3M
50% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Gateway Advisory
Westfield,
New Jersey
|
+$12.6M |
| 2 |
DIM
Delta Investment Management
San Francisco,
California
|
+$10.6M |
| 3 |
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$3.28M |
| 4 |
FA
Forefront Analytics
West Conshohocken,
Pennsylvania
|
+$2.65M |
| 5 |
MAP
Milestone Advisory Partners
Southern Pines,
North Carolina
|
+$2.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$15.2M |
| 2 |
NewEdge Advisors
New Orleans,
Louisiana
|
-$13.5M |
| 3 |
Prospera Financial Services
Dallas,
Texas
|
-$12.1M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$9.67M |
| 5 |
MWM
MinichMacGregor Wealth Management
Saratoga Springs,
New York
|
-$4.49M |
PDP Hedge Fund Activity: Q4 2022 in Review
182 of the 6,241 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Momentum ETF (PDP) for Q4 2022, worth a combined $567M — up 1.3% from $559M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new PDP positions and 12 closed out — a net gain of 15 holders — while 36 added to existing stakes and 72 trimmed.
The largest buyer was Gateway Advisory, adding an estimated $12.6M. The largest seller was NewSquare Capital, cutting an estimated $15.2M.
- 182 institutional investors held Invesco Dorsey Wright Momentum ETF (PDP) as of Q4 2022, up from 169 in Q3 2022.
- Funds reported $567M of Invesco Dorsey Wright Momentum ETF stock for Q4 2022, up 1.3% quarter-over-quarter.
- 27 funds opened new Invesco Dorsey Wright Momentum ETF positions in Q4 2022 and 12 closed out, a net change of +15 holders.
- The largest Invesco Dorsey Wright Momentum ETF buyer in Q4 2022 was Gateway Advisory, an estimated $12.6M added.
- The largest Invesco Dorsey Wright Momentum ETF seller in Q4 2022 was NewSquare Capital, an estimated $15.2M sold.
Based on aggregated 13F filings for Q4 2022.