Invesco S&P 500 Downside Hedged ETF
PHDG
52 hedge funds and large institutions have $125M invested in Invesco S&P 500 Downside Hedged ETF in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 27 reducing their positions, and 18 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
6.11% less ownership
Funds ownership: 62.14% → 56.03% (-6.1%)
16% less funds holding
Funds holding: 62 → 52 (-10)
19% less capital invested
Capital invested by funds: $154M → $125M (-$28.8M)
52% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 27
56% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EH
Equitable Holdings
New York
|
+$15.7M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$1.34M |
| 3 |
CL
Choreo LLC
Rockford,
Illinois
|
+$742K |
| 4 |
FCM
Family Capital Management
Grand Rapids,
Michigan
|
+$712K |
| 5 |
BFG
Baron Financial Group
Fair Lawn,
New Jersey
|
+$505K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
-$10.1M |
| 2 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$9.73M |
| 3 |
AAS
Asset Allocation Strategies
Farmington,
Michigan
|
-$8.98M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.15M |
| 5 |
DWM
Darwin Wealth Management
Tampa,
Florida
|
-$4.7M |
PHDG Hedge Fund Activity: Q1 2023 in Review
52 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Downside Hedged ETF (PHDG) for Q1 2023, worth a combined $125M — down 19% from $154M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of PHDG and 8 opened new positions — a net loss of 10 holders — while 27 trimmed existing stakes and 13 added.
The largest buyer was Equitable Holdings, adding an estimated $15.7M. The largest seller was Flagship Harbor Advisors, cutting an estimated $10.1M.
- 52 institutional investors held Invesco S&P 500 Downside Hedged ETF (PHDG) as of Q1 2023, down from 62 in Q4 2022.
- Funds reported $125M of Invesco S&P 500 Downside Hedged ETF stock for Q1 2023, down 19% quarter-over-quarter.
- 8 funds opened new Invesco S&P 500 Downside Hedged ETF positions in Q1 2023 and 18 closed out, a net change of -10 holders.
- The largest Invesco S&P 500 Downside Hedged ETF buyer in Q1 2023 was Equitable Holdings, an estimated $15.7M added.
- The largest Invesco S&P 500 Downside Hedged ETF seller in Q1 2023 was Flagship Harbor Advisors, an estimated $10.1M sold.
Based on aggregated 13F filings for Q1 2023.