Invesco S&P 500 Downside Hedged ETF
PHDG
47 hedge funds and large institutions have $103M invested in Invesco S&P 500 Downside Hedged ETF in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 22 reducing their positions, and 12 closing their positions.
4.45% more ownership
Funds ownership: 56.03% → 60.49% (+4.5%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
10% less funds holding
Funds holding: 52 → 47 (-5)
18% less capital invested
Capital invested by funds: $125M → $103M (-$22.4M)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
36% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAS
Asset Allocation Strategies
Farmington,
Michigan
|
+$11.8M |
| 2 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
+$4.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.15M |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$657K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$568K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EH
Equitable Holdings
New York
|
-$20.3M |
| 2 |
GFG
Goldstone Financial Group
Oakbrook Terrace,
Illinois
|
-$5.77M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$3.08M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.02M |
| 5 |
LPL Financial
San Diego,
California
|
-$2.1M |
PHDG Hedge Fund Activity: Q2 2023 in Review
47 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Downside Hedged ETF (PHDG) for Q2 2023, worth a combined $103M — down 18% from $125M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of PHDG and 8 opened new positions — a net loss of 4 holders — while 22 trimmed existing stakes and 14 added.
The largest buyer was Asset Allocation Strategies, adding an estimated $11.8M. The largest seller was Equitable Holdings, exiting entirely with an estimated $20.3M sold.
- 47 institutional investors held Invesco S&P 500 Downside Hedged ETF (PHDG) as of Q2 2023, down from 52 in Q1 2023.
- Funds reported $103M of Invesco S&P 500 Downside Hedged ETF stock for Q2 2023, down 18% quarter-over-quarter.
- 8 funds opened new Invesco S&P 500 Downside Hedged ETF positions in Q2 2023 and 12 closed out, a net change of -4 holders.
- The largest Invesco S&P 500 Downside Hedged ETF buyer in Q2 2023 was Asset Allocation Strategies, an estimated $11.8M added.
- The largest Invesco S&P 500 Downside Hedged ETF seller in Q2 2023 was Equitable Holdings, an estimated $20.3M sold.
Based on aggregated 13F filings for Q2 2023.