Invesco Dorsey Wright Momentum ETF
181 hedge funds and large institutions have $687M invested in Invesco Dorsey Wright Momentum ETF in 2024 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 25 increasing their positions, 71 reducing their positions, and 19 closing their positions.
72% more call options, than puts
Call options by funds: $656K | Put options by funds: $382K
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
3.53% less ownership
Funds ownership: 59.12% → 55.59% (-3.5%)
5% less capital invested
Capital invested by funds: $727M → $687M (-$39.9M)
7% less funds holding
Funds holding: 195 → 181 (-14)
58% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 19
65% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 71
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$1.69M |
| 2 |
TWM
Tradition Wealth Management
Edina,
Minnesota
|
+$852K |
| 3 |
FMP
Financial Management Professionals
Austin,
Texas
|
+$641K |
| 4 |
GA
Gateway Advisory
Westfield,
New Jersey
|
+$377K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$359K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Win Advisors
Palm Beach Gardens,
Florida
|
-$6.17M |
| 2 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$4.23M |
| 3 |
GAA
Global Assets Advisory
Orlando,
Florida
|
-$3.2M |
| 4 |
Morgan Stanley
New York
|
-$2.36M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.05M |
PDP Hedge Fund Activity: Q2 2024 in Review
181 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Momentum ETF (PDP) for Q2 2024, worth a combined $687M — down 5.5% from $727M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of PDP and 8 opened new positions — a net loss of 11 holders — while 71 trimmed existing stakes and 25 added.
The largest buyer was NewEdge Advisors, adding an estimated $1.69M. The largest seller was Win Advisors, exiting entirely with an estimated $6.17M sold.
- 181 institutional investors held Invesco Dorsey Wright Momentum ETF (PDP) as of Q2 2024, down from 195 in Q1 2024.
- Funds reported $687M of Invesco Dorsey Wright Momentum ETF stock for Q2 2024, down 5.5% quarter-over-quarter.
- 8 funds opened new Invesco Dorsey Wright Momentum ETF positions in Q2 2024 and 19 closed out, a net change of -11 holders.
- The largest Invesco Dorsey Wright Momentum ETF buyer in Q2 2024 was NewEdge Advisors, an estimated $1.69M added.
- The largest Invesco Dorsey Wright Momentum ETF seller in Q2 2024 was Win Advisors, an estimated $6.17M sold.
Based on aggregated 13F filings for Q2 2024.