Invesco S&P 500 Downside Hedged ETF
PHDG
53 hedge funds and large institutions have $84.5M invested in Invesco S&P 500 Downside Hedged ETF in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 27 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
15% more funds holding
Funds holding: 46 → 53 (+7)
4.05% more ownership
Funds ownership: 59.24% → 63.29% (+4%)
4% less capital invested
Capital invested by funds: $87.8M → $84.5M (-$3.29M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
67% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$3.59M |
| 2 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$1.35M |
| 3 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$916K |
| 4 |
Jane Street
New York
|
+$815K |
| 5 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$621K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mariner
Overland Park,
Kansas
|
-$4.32M |
| 2 |
BFG
Baron Financial Group
Fair Lawn,
New Jersey
|
-$3.57M |
| 3 |
AC
Anson Capital
Tyrone,
Georgia
|
-$3.18M |
| 4 |
LPL Financial
San Diego,
California
|
-$2.42M |
| 5 |
FCM
Family Capital Management
Grand Rapids,
Michigan
|
-$2.26M |
PHDG Hedge Fund Activity: Q4 2023 in Review
53 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Downside Hedged ETF (PHDG) for Q4 2023, worth a combined $84.5M — down 3.7% from $87.8M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PHDG positions and 2 closed out — a net gain of 8 holders — while 9 added to existing stakes and 27 trimmed.
The largest buyer was Cetera Advisor Networks, opening a new position worth an estimated $3.59M. The largest seller was Mariner, cutting an estimated $4.32M.
- 53 institutional investors held Invesco S&P 500 Downside Hedged ETF (PHDG) as of Q4 2023, up from 46 in Q3 2023.
- Funds reported $84.5M of Invesco S&P 500 Downside Hedged ETF stock for Q4 2023, down 3.7% quarter-over-quarter.
- 10 funds opened new Invesco S&P 500 Downside Hedged ETF positions in Q4 2023 and 2 closed out, a net change of +8 holders.
- The largest Invesco S&P 500 Downside Hedged ETF buyer in Q4 2023 was Cetera Advisor Networks, an estimated $3.59M added.
- The largest Invesco S&P 500 Downside Hedged ETF seller in Q4 2023 was Mariner, an estimated $4.32M sold.
Based on aggregated 13F filings for Q4 2023.