Invesco S&P MidCap Momentum ETF
XMMO
214 hedge funds and large institutions have $1.35B invested in Invesco S&P MidCap Momentum ETF in 2024 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 70 increasing their positions, 53 reducing their positions, and 11 closing their positions.
436% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 11
79% more capital invested
Capital invested by funds: $753M → $1.35B (+$598M)
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
32% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 53
25% more funds holding
Funds holding: 171 → 214 (+43)
2.74% more ownership
Funds ownership: 63.81% → 66.55% (+2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$115M |
| 2 |
TAF
Tredje AP-fonden
Se-111 91 Stockholm,
Sweden
|
+$115M |
| 3 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$43.3M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$13.9M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$78M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$12.9M |
| 3 |
SL
Systelligence LLC
Bloomington,
Minnesota
|
-$2.71M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.53M |
| 5 |
TAM
Titleist Asset Management
San Antonio,
Texas
|
-$2.31M |
XMMO Hedge Fund Activity: Q1 2024 in Review
214 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P MidCap Momentum ETF (XMMO) for Q1 2024, worth a combined $1.35B — up 79% from $753M a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new XMMO positions and 11 closed out — a net gain of 48 holders — while 70 added to existing stakes and 53 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $115M. The largest seller was Morgan Stanley, cutting an estimated $78M.
- 214 institutional investors held Invesco S&P MidCap Momentum ETF (XMMO) as of Q1 2024, up from 171 in Q4 2023.
- Funds reported $1.35B of Invesco S&P MidCap Momentum ETF stock for Q1 2024, up 79% quarter-over-quarter.
- 59 funds opened new Invesco S&P MidCap Momentum ETF positions in Q1 2024 and 11 closed out, a net change of +48 holders.
- The largest Invesco S&P MidCap Momentum ETF buyer in Q1 2024 was Envestnet Asset Management, an estimated $115M added.
- The largest Invesco S&P MidCap Momentum ETF seller in Q1 2024 was Morgan Stanley, an estimated $78M sold.
Based on aggregated 13F filings for Q1 2024.