Invesco S&P 500 Downside Hedged ETF
PHDG
51 hedge funds and large institutions have $73.5M invested in Invesco S&P 500 Downside Hedged ETF in 2025 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 19 reducing their positions, and 5 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
11% more funds holding
Funds holding: 46 → 51 (+5)
2.18% more ownership
Funds ownership: 61.73% → 63.91% (+2.2%)
4% more capital invested
Capital invested by funds: $70.5M → $73.5M (+$3.01M)
37% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LC
LCNB Corp
Lebanon,
Ohio
|
+$4.73M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$2.22M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.56M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.45M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$905K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$3.54M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.97M |
| 3 |
FGA
Fortis Group Advisors
Westwood,
New Jersey
|
-$1.14M |
| 4 |
AAS
Asset Allocation Strategies
Farmington,
Michigan
|
-$964K |
| 5 |
Morgan Stanley
New York
|
-$200K |
PHDG Hedge Fund Activity: Q1 2025 in Review
51 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Downside Hedged ETF (PHDG) for Q1 2025, worth a combined $73.5M — up 4.3% from $70.5M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PHDG positions and 5 closed out — a net gain of 5 holders — while 12 added to existing stakes and 19 trimmed.
The largest buyer was LCNB Corp, opening a new position worth an estimated $4.73M. The largest seller was Kovitz Investment Group Partners, exiting entirely with an estimated $3.54M sold.
- 51 institutional investors held Invesco S&P 500 Downside Hedged ETF (PHDG) as of Q1 2025, up from 46 in Q4 2024.
- Funds reported $73.5M of Invesco S&P 500 Downside Hedged ETF stock for Q1 2025, up 4.3% quarter-over-quarter.
- 10 funds opened new Invesco S&P 500 Downside Hedged ETF positions in Q1 2025 and 5 closed out, a net change of +5 holders.
- The largest Invesco S&P 500 Downside Hedged ETF buyer in Q1 2025 was LCNB Corp, an estimated $4.73M added.
- The largest Invesco S&P 500 Downside Hedged ETF seller in Q1 2025 was Kovitz Investment Group Partners, an estimated $3.54M sold.
Based on aggregated 13F filings for Q1 2025.