OTTAWA -- Stephen Harper's Conservative party is hanging on to the title of champion federal fundraiser but Justin Trudeau's Liberals are closing in fast.

Fundraising reports for the first quarter of 2014, filed with Elections Canada, show the Liberals are the party with the most money momentum.

The governing Tories raked in the most: almost $4.6 million, up only marginally over the same quarter last year.

The Liberals raised almost $3.8 million, more than double the party's $1.7 million take during the same period a year ago.

The NDP also upped its game, raising just over $2.5 million in the first three months of 2014, up from $1.6 million in the first quarter last year.

The Liberals also show the most momentum in terms of the number of Canadians willing to donate to the party, with 34,945 contributors, compared to 31,765 for the Conservatives and 21,748 for the NDP.

For the Liberals, the number of donors is up more than 12,000 from the same period last year; the NDP is up about 3,000 while the Conservatives actually lost about 7,000 donors.