Invesco Dorsey Wright Momentum ETF
175 hedge funds and large institutions have $559M invested in Invesco Dorsey Wright Momentum ETF in 2023 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 36 increasing their positions, 68 reducing their positions, and 17 closing their positions.
127% more call options, than puts
Call options by funds: $517K | Put options by funds: $228K
1.13% less ownership
Funds ownership: 54.73% → 53.6% (-1.1%)
4% less funds holding
Funds holding: 182 → 175 (-7)
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
47% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 68
83% less capital inflows, than outflows
Capital inflows: $9.6M | Capital outflows: $55.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$1.72M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.37M |
| 3 |
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$954K |
| 4 |
Cyndeo Wealth Partners
St. Petersburg,
Florida
|
+$611K |
| 5 |
Rockefeller Capital Management
New York
|
+$564K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Delta Investment Management
San Francisco,
California
|
-$10.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$10.2M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$4.25M |
| 4 |
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$3.37M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.48M |
PDP Hedge Fund Activity: Q1 2023 in Review
175 of the 6,289 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Momentum ETF (PDP) for Q1 2023, worth a combined $559M — down 1.3% from $567M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of PDP and 14 opened new positions — a net loss of 3 holders — while 68 trimmed existing stakes and 36 added.
The largest buyer was Wealth Enhancement Advisory Services, adding an estimated $1.72M. The largest seller was Delta Investment Management, exiting entirely with an estimated $10.3M sold.
- 175 institutional investors held Invesco Dorsey Wright Momentum ETF (PDP) as of Q1 2023, down from 182 in Q4 2022.
- Funds reported $559M of Invesco Dorsey Wright Momentum ETF stock for Q1 2023, down 1.3% quarter-over-quarter.
- 14 funds opened new Invesco Dorsey Wright Momentum ETF positions in Q1 2023 and 17 closed out, a net change of -3 holders.
- The largest Invesco Dorsey Wright Momentum ETF buyer in Q1 2023 was Wealth Enhancement Advisory Services, an estimated $1.72M added.
- The largest Invesco Dorsey Wright Momentum ETF seller in Q1 2023 was Delta Investment Management, an estimated $10.3M sold.
Based on aggregated 13F filings for Q1 2023.