Invesco S&P 500 Downside Hedged ETF
PHDG
33 hedge funds and large institutions have $61.3M invested in Invesco S&P 500 Downside Hedged ETF in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 17 reducing their positions, and 7 closing their positions.
7.77% less ownership
Funds ownership: 26.62% → 18.85% (-7.8%)
11% less funds holding
Funds holding: 37 → 33 (-4)
37% less capital invested
Capital invested by funds: $97.2M → $61.3M (-$35.9M)
53% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 17
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
TMD & Associates
Scottsdale,
Arizona
|
+$3.89M |
| 2 |
AIA
Allegis Investment Advisors
Idaho Falls,
Idaho
|
+$1.48M |
| 3 |
Jane Street
New York
|
+$1.37M |
| 4 |
BPB
Badgley, Phelps & Bell
Seattle,
Washington
|
+$680K |
| 5 |
LRPA
L. Roy Papp & Associates
Phoenix,
Arizona
|
+$471K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rain Capital Management
Lake Oswego,
Oregon
|
-$21.9M |
| 2 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
-$8.16M |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$4.33M |
| 4 |
AIG
American International Group
New York
|
-$1.02M |
| 5 |
BWA
Burt Wealth Advisors
North Bethesda,
Maryland
|
-$1.01M |
PHDG Hedge Fund Activity: Q1 2016 in Review
33 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Downside Hedged ETF (PHDG) for Q1 2016, worth a combined $61.3M — down 37% from $97.2M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PHDG and 3 opened new positions — a net loss of 4 holders — while 17 trimmed existing stakes and 8 added.
The largest buyer was TMD & Associates, adding an estimated $3.89M. The largest seller was Rain Capital Management, cutting an estimated $21.9M.
- 33 institutional investors held Invesco S&P 500 Downside Hedged ETF (PHDG) as of Q1 2016, down from 37 in Q4 2015.
- Funds reported $61.3M of Invesco S&P 500 Downside Hedged ETF stock for Q1 2016, down 37% quarter-over-quarter.
- 3 funds opened new Invesco S&P 500 Downside Hedged ETF positions in Q1 2016 and 7 closed out, a net change of -4 holders.
- The largest Invesco S&P 500 Downside Hedged ETF buyer in Q1 2016 was TMD & Associates, an estimated $3.89M added.
- The largest Invesco S&P 500 Downside Hedged ETF seller in Q1 2016 was Rain Capital Management, an estimated $21.9M sold.
Based on aggregated 13F filings for Q1 2016.