Invesco S&P MidCap Momentum ETF
XMMO
171 hedge funds and large institutions have $753M invested in Invesco S&P MidCap Momentum ETF in 2023 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 60 increasing their positions, 54 reducing their positions, and 13 closing their positions.
123% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 13
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
11% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 54
10% more capital invested
Capital invested by funds: $685M → $753M (+$67.7M)
10% more funds holding
Funds holding: 156 → 171 (+15)
3.22% more ownership
Funds ownership: 60.6% → 63.81% (+3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$61M |
| 2 |
LPL Financial
San Diego,
California
|
+$10.7M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$10M |
| 4 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$9.42M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$3.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$112M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$7.38M |
| 3 |
MWM
MY Wealth Management
Germantown,
Maryland
|
-$4.47M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$2.15M |
| 5 |
WIA
World Investment Advisors
Santa Barbara,
California
|
-$1.79M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FEM
176
Fulcrum Equity Management
Plano,
Texas
| – | -$575K | -7,137 | Closed |
|
|
SPC
177
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$542K | -6,735 | Closed |
|
178
Goldman Sachs
New York
| – | -$377K | -4,680 | Closed |
|
179
Jane Street
New York
| – | -$250K | -3,109 | Closed |
|
|
ARC
180
Advisor Resource Council
Dallas,
Texas
| – | -$247K | -3,062 | Closed |
|
|
RIA
181
Realta Investment Advisors
Wilmington,
Delaware
| – | -$74.3K | -935 | Closed |
|
|
CSPIA
182
Cary Street Partners Investment Advisory
Richmond,
Virginia
| – | -$20.1K | -250 | Closed |
|
|
PCM
183
Penserra Capital Management
Orinda,
California
| – | -$7K | -90 | Closed |
|
|
OIA
184
Optimum Investment Advisors
Chicago,
Illinois
| – | -$3.38K | -42 | Closed |
|
|
TAM
185
Tucker Asset Management
Littleton,
Colorado
| – | -$966 | -12 | Closed |
|
XMMO Hedge Fund Activity: Q4 2023 in Review
171 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P MidCap Momentum ETF (XMMO) for Q4 2023, worth a combined $753M — up 9.9% from $685M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new XMMO positions and 13 closed out — a net gain of 16 holders — while 60 added to existing stakes and 54 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $61M. The largest seller was Wealth Enhancement Advisory Services, cutting an estimated $112M.
- 171 institutional investors held Invesco S&P MidCap Momentum ETF (XMMO) as of Q4 2023, up from 156 in Q3 2023.
- Funds reported $753M of Invesco S&P MidCap Momentum ETF stock for Q4 2023, up 9.9% quarter-over-quarter.
- 29 funds opened new Invesco S&P MidCap Momentum ETF positions in Q4 2023 and 13 closed out, a net change of +16 holders.
- The largest Invesco S&P MidCap Momentum ETF buyer in Q4 2023 was Morgan Stanley, an estimated $61M added.
- The largest Invesco S&P MidCap Momentum ETF seller in Q4 2023 was Wealth Enhancement Advisory Services, an estimated $112M sold.
Based on aggregated 13F filings for Q4 2023.