Invesco S&P 500 Downside Hedged ETF
PHDG
20 hedge funds and large institutions have $13.4M invested in Invesco S&P 500 Downside Hedged ETF in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
11% more funds holding
Funds holding: 18 → 20 (+2)
12.62% less ownership
Funds ownership: 66.95% → 54.33% (-13%)
49% less capital invested
Capital invested by funds: $26.3M → $13.4M (-$12.9M)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMFS
Squar Milner Financial Services
Irvine,
California
|
+$2.41M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$884K |
| 3 |
UWM
USAdvisors Wealth Management
Eden Prairie,
Minnesota
|
+$559K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$280K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$113K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$41K |
| 2 |
PG
Patten Group
Chattanooga,
Tennessee
|
-$33.8K |
| 3 |
LPL Financial
San Diego,
California
|
-$33.6K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$17.9K |
| 5 |
APA
American Portfolios Advisors
Holbrook,
New York
|
-$6.57K |
PHDG Hedge Fund Activity: Q3 2019 in Review
20 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Downside Hedged ETF (PHDG) for Q3 2019, worth a combined $13.4M — down 49% from $26.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PHDG positions and 1 closed out — a net gain of 3 holders — while 3 added to existing stakes and 6 trimmed.
The largest buyer was Squar Milner Financial Services, opening a new position worth an estimated $2.41M. The largest seller was Commonwealth Equity Services, cutting an estimated $41K.
- 20 institutional investors held Invesco S&P 500 Downside Hedged ETF (PHDG) as of Q3 2019, up from 18 in Q2 2019.
- Funds reported $13.4M of Invesco S&P 500 Downside Hedged ETF stock for Q3 2019, down 49% quarter-over-quarter.
- 4 funds opened new Invesco S&P 500 Downside Hedged ETF positions in Q3 2019 and 1 closed out, a net change of +3 holders.
- The largest Invesco S&P 500 Downside Hedged ETF buyer in Q3 2019 was Squar Milner Financial Services, an estimated $2.41M added.
- The largest Invesco S&P 500 Downside Hedged ETF seller in Q3 2019 was Commonwealth Equity Services, an estimated $41K sold.
Based on aggregated 13F filings for Q3 2019.