Invesco Dorsey Wright Momentum ETF
189 hedge funds and large institutions have $722M invested in Invesco Dorsey Wright Momentum ETF in 2024 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 25 increasing their positions, 66 reducing their positions, and 11 closing their positions.
109% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 11
22% more call options, than puts
Call options by funds: $1.38M | Put options by funds: $1.14M
5% more capital invested
Capital invested by funds: $687M → $722M (+$34.5M)
4% more funds holding
Funds holding: 181 → 189 (+8)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
9.11% less ownership
Funds ownership: 55.59% → 46.48% (-9.1%)
62% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$4.35M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$4.23M |
| 3 |
BEI
Benjamin Edwards Inc
Clayton,
Missouri
|
+$1.05M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$888K |
| 5 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$875K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.7M |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$1.64M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.57M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.17M |
| 5 |
LCM
Lunt Capital Management
Holladay,
Utah
|
-$986K |
PDP Hedge Fund Activity: Q3 2024 in Review
189 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Invesco Dorsey Wright Momentum ETF (PDP) for Q3 2024, worth a combined $722M — up 5% from $687M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new PDP positions and 11 closed out — a net gain of 12 holders — while 25 added to existing stakes and 66 trimmed.
The largest buyer was LPL Financial, adding an estimated $4.35M. The largest seller was Morgan Stanley, cutting an estimated $4.7M.
- 189 institutional investors held Invesco Dorsey Wright Momentum ETF (PDP) as of Q3 2024, up from 181 in Q2 2024.
- Funds reported $722M of Invesco Dorsey Wright Momentum ETF stock for Q3 2024, up 5% quarter-over-quarter.
- 23 funds opened new Invesco Dorsey Wright Momentum ETF positions in Q3 2024 and 11 closed out, a net change of +12 holders.
- The largest Invesco Dorsey Wright Momentum ETF buyer in Q3 2024 was LPL Financial, an estimated $4.35M added.
- The largest Invesco Dorsey Wright Momentum ETF seller in Q3 2024 was Morgan Stanley, an estimated $4.7M sold.
Based on aggregated 13F filings for Q3 2024.