Invesco S&P MidCap Momentum ETF
XMMO
156 hedge funds and large institutions have $685M invested in Invesco S&P MidCap Momentum ETF in 2023 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 66 increasing their positions, 43 reducing their positions, and 17 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
53% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 43
34% more capital invested
Capital invested by funds: $513M → $685M (+$172M)
18% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 17
13.83% more ownership
Funds ownership: 46.77% → 60.6% (+14%)
1% more funds holding
Funds holding: 154 → 156 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$149M |
| 2 |
SL
Systelligence LLC
Bloomington,
Minnesota
|
+$12.2M |
| 3 |
LPL Financial
San Diego,
California
|
+$7.03M |
| 4 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
+$3.59M |
| 5 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$2.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.54M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$4.35M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.54M |
| 4 |
RL
Retireful LLC
Haslett,
Michigan
|
-$2.18M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.46M |
XMMO Hedge Fund Activity: Q3 2023 in Review
156 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P MidCap Momentum ETF (XMMO) for Q3 2023, worth a combined $685M — up 34% from $513M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new XMMO positions and 17 closed out — a net gain of 3 holders — while 66 added to existing stakes and 43 trimmed.
The largest buyer was Wealth Enhancement Advisory Services, opening a new position worth an estimated $149M. The largest seller was Envestnet Asset Management, cutting an estimated $5.54M.
- 156 institutional investors held Invesco S&P MidCap Momentum ETF (XMMO) as of Q3 2023, up from 154 in Q2 2023.
- Funds reported $685M of Invesco S&P MidCap Momentum ETF stock for Q3 2023, up 34% quarter-over-quarter.
- 20 funds opened new Invesco S&P MidCap Momentum ETF positions in Q3 2023 and 17 closed out, a net change of +3 holders.
- The largest Invesco S&P MidCap Momentum ETF buyer in Q3 2023 was Wealth Enhancement Advisory Services, an estimated $149M added.
- The largest Invesco S&P MidCap Momentum ETF seller in Q3 2023 was Envestnet Asset Management, an estimated $5.54M sold.
Based on aggregated 13F filings for Q3 2023.