Invesco S&P 500 Downside Hedged ETF
PHDG
36 hedge funds and large institutions have $51.6M invested in Invesco S&P 500 Downside Hedged ETF in 2026 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 14 reducing their positions, and 7 closing their positions.
29% more capital invested
Capital invested by funds: $39.9M → $51.6M (+$11.7M)
6.03% more ownership
Funds ownership: 63.96% → 69.99% (+6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less funds holding
Funds holding: 41 → 36 (-5)
36% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 14
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$10.8M |
| 2 |
Morgan Stanley
New York
|
+$1.29M |
| 3 |
Jane Street
New York
|
+$1.15M |
| 4 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
+$657K |
| 5 |
BFA
Blueprint Financial Advisors
Greensboto,
North Carolina
|
+$557K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPB
First PREMIER Bank
Sioux Falls,
South Dakota
|
-$1.97M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.41M |
| 3 |
Goldman Sachs
New York
|
-$1.2M |
| 4 |
Mariner
Overland Park,
Kansas
|
-$501K |
| 5 |
LCM
Lunt Capital Management
Holladay,
Utah
|
-$337K |
PHDG Hedge Fund Activity: Q2 2026 in Review
36 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Downside Hedged ETF (PHDG) for Q2 2026, worth a combined $51.6M — up 29% from $39.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PHDG and 4 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 9 added.
The largest buyer was AE Wealth Management, adding an estimated $10.8M. The largest seller was First PREMIER Bank, cutting an estimated $1.97M.
- 36 institutional investors held Invesco S&P 500 Downside Hedged ETF (PHDG) as of Q2 2026, down from 41 in Q1 2026.
- Funds reported $51.6M of Invesco S&P 500 Downside Hedged ETF stock for Q2 2026, up 29% quarter-over-quarter.
- 4 funds opened new Invesco S&P 500 Downside Hedged ETF positions in Q2 2026 and 7 closed out, a net change of -3 holders.
- The largest Invesco S&P 500 Downside Hedged ETF buyer in Q2 2026 was AE Wealth Management, an estimated $10.8M added.
- The largest Invesco S&P 500 Downside Hedged ETF seller in Q2 2026 was First PREMIER Bank, an estimated $1.97M sold.
Based on aggregated 13F filings for Q2 2026.