Invesco S&P SmallCap Quality ETF
XSHQ
76 hedge funds and large institutions have $196M invested in Invesco S&P SmallCap Quality ETF in 2025 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 33 increasing their positions, 22 reducing their positions, and 10 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 22
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
1% less funds holding
Funds holding: 77 → 76 (-1)
3.5% less ownership
Funds ownership: 72.87% → 69.37% (-3.5%)
78% less capital inflows, than outflows
Capital inflows: $14.3M | Capital outflows: $64.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ERFOTCOFW
Employees Retirement Fund of the City of Fort Worth
Fort Worth,
Texas
|
+$2.56M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.9M |
| 3 |
Private Advisory Group
Redmond,
Washington
|
+$1.78M |
| 4 |
Larson Financial Group
St Louis,
Missouri
|
+$1.05M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$854K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
New York Life Investment Management
New York
|
-$25.3M |
| 2 |
Alaska Permanent Capital Management
Anchorage,
Alaska
|
-$14.9M |
| 3 |
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$7.7M |
| 4 |
Morgan Stanley
New York
|
-$5.68M |
| 5 |
Flow Traders U.S.
New York
|
-$3.02M |
XSHQ Hedge Fund Activity: Q3 2025 in Review
76 of the 7,658 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P SmallCap Quality ETF (XSHQ) for Q3 2025, worth a combined $196M — down 17% from $237M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new XSHQ positions and 10 closed out — a net gain of 1 holder — while 33 added to existing stakes and 22 trimmed.
The largest buyer was Employees Retirement Fund of the City of Fort Worth, adding an estimated $2.56M. The largest seller was New York Life Investment Management, exiting entirely with an estimated $25.3M sold.
- 76 institutional investors held Invesco S&P SmallCap Quality ETF (XSHQ) as of Q3 2025, down from 77 in Q2 2025.
- Funds reported $196M of Invesco S&P SmallCap Quality ETF stock for Q3 2025, down 17% quarter-over-quarter.
- 11 funds opened new Invesco S&P SmallCap Quality ETF positions in Q3 2025 and 10 closed out, a net change of +1 holder.
- The largest Invesco S&P SmallCap Quality ETF buyer in Q3 2025 was Employees Retirement Fund of the City of Fort Worth, an estimated $2.56M added.
- The largest Invesco S&P SmallCap Quality ETF seller in Q3 2025 was New York Life Investment Management, an estimated $25.3M sold.
Based on aggregated 13F filings for Q3 2025.