Invesco S&P 500 Downside Hedged ETF
PHDG
40 hedge funds and large institutions have $239M invested in Invesco S&P 500 Downside Hedged ETF in 2015 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 19 reducing their positions, and 7 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
7% less funds holding
Funds holding: 43 → 40 (-3)
26% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 19
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
69% less capital inflows, than outflows
Capital inflows: $24.7M | Capital outflows: $79.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
+$14.5M |
| 2 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$3.83M |
| 3 |
BPB
Badgley, Phelps & Bell
Seattle,
Washington
|
+$2.24M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$702K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$701K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
-$36.6M |
| 2 |
Goldman Sachs
New York
|
-$8.81M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$7.31M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$6.91M |
| 5 |
LPL Financial
San Diego,
California
|
-$4.66M |
PHDG Hedge Fund Activity: Q2 2015 in Review
40 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Downside Hedged ETF (PHDG) for Q2 2015, worth a combined $239M — down 21% from $304M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PHDG and 4 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 14 added.
The largest buyer was Carroll Financial Associates, adding an estimated $14.5M. The largest seller was Wharton Business Group, cutting an estimated $36.6M.
- 40 institutional investors held Invesco S&P 500 Downside Hedged ETF (PHDG) as of Q2 2015, down from 43 in Q1 2015.
- Funds reported $239M of Invesco S&P 500 Downside Hedged ETF stock for Q2 2015, down 21% quarter-over-quarter.
- 4 funds opened new Invesco S&P 500 Downside Hedged ETF positions in Q2 2015 and 7 closed out, a net change of -3 holders.
- The largest Invesco S&P 500 Downside Hedged ETF buyer in Q2 2015 was Carroll Financial Associates, an estimated $14.5M added.
- The largest Invesco S&P 500 Downside Hedged ETF seller in Q2 2015 was Wharton Business Group, an estimated $36.6M sold.
Based on aggregated 13F filings for Q2 2015.