Congress SMid Growth ETF
CSMD
35 hedge funds and large institutions have $410M invested in Congress SMid Growth ETF in 2025 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 4 reducing their positions, and 3 closing their positions.
450% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 4
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
21% more funds holding
Funds holding: 29 → 35 (+6)
16% more capital invested
Capital invested by funds: $352M → $410M (+$57.9M)
3.9% more ownership
Funds ownership: 96.3% → 100.21% (+3.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$24.8M |
| 2 |
Rockefeller Capital Management
New York
|
+$21.1M |
| 3 |
HFS
Hantz Financial Services
Southfield,
Michigan
|
+$8.73M |
| 4 |
BIG
Brooklyn Investment Group
Brooklyn,
New York
|
+$4.53M |
| 5 |
BB
Berkshire Bank
Pittsfield,
Massachusetts
|
+$3.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PA
PFG Advisors
Phoenix,
Arizona
|
-$283K |
| 2 |
GWM
Gibbs Wealth Management
Alpharetta,
Georgia
|
-$182K |
| 3 |
DAS
Diversify Advisory Services
Sandy,
Utah
|
-$38.8K |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$10K |
| 5 |
FNWA
Financial Network Wealth Advisors
Murray,
Utah
|
-$5.41K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citadel Advisors
Miami,
Florida
| $320K | +$330K | +10,125 | New |
|
|
QCM
27
Quantinno Capital Management
New York
| $294K | -$3.33K | -102 | -1% |
|
|
ACA
28
Aptus Capital Advisors
Fairhope,
Alabama
| $251K | +$22K | +676 | +9% |
|
|
FNWA
29
Financial Network Wealth Advisors
Murray,
Utah
| $238K | -$5.41K | -166 | -2% |
|
|
BCI
30
Brinker Capital Investments
Berwyn,
Pennsylvania
| $208K | +$214K | +6,578 | New |
|
31
Comerica Bank
Dallas,
Texas
| $192K | +$190K | +5,843 | +2,730% |
|
|
HIA
32
Harbor Investment Advisory
Lutherville,
Maryland
| $70.8K | +$9.78K | +300 | +15% |
|
|
HNB
33
Huntington National Bank
Columbus,
Ohio
| $46K | – | – | – |
|
34
JP Morgan Chase
New York
| $29.1K | +$30K | +919 | New |
|
35
UBS Group
Zurich,
Switzerland
| $15.6K | +$16.1K | +493 | New |
|
|
AWM
36
AE Wealth Management
Topeka,
Kansas
| $8.51K | +$8.77K | +269 | New |
|
|
PA
37
PFG Advisors
Phoenix,
Arizona
| – | -$283K | -8,510 | Closed |
|
|
38
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$10K | -309 | Closed |
|
|
PS
39
Principal Securities
Des Moines,
Iowa
| – | -$4.7K | -141 | Closed |
|
CSMD Hedge Fund Activity: Q4 2025 in Review
35 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Congress SMid Growth ETF (CSMD) for Q4 2025, worth a combined $410M — up 16% from $352M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new CSMD positions and 3 closed out — a net gain of 6 holders — while 22 added to existing stakes and 4 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $24.8M. The largest seller was PFG Advisors, exiting entirely with an estimated $283K sold.
- 35 institutional investors held Congress SMid Growth ETF (CSMD) as of Q4 2025, up from 29 in Q3 2025.
- Funds reported $410M of Congress SMid Growth ETF stock for Q4 2025, up 16% quarter-over-quarter.
- 9 funds opened new Congress SMid Growth ETF positions in Q4 2025 and 3 closed out, a net change of +6 holders.
- The largest Congress SMid Growth ETF buyer in Q4 2025 was Morgan Stanley, an estimated $24.8M added.
- The largest Congress SMid Growth ETF seller in Q4 2025 was PFG Advisors, an estimated $283K sold.
Based on aggregated 13F filings for Q4 2025.