Invesco S&P 500 Downside Hedged ETF
PHDG
44 hedge funds and large institutions have $52.7M invested in Invesco S&P 500 Downside Hedged ETF in 2025 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 20 reducing their positions, and 6 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.16% less ownership
Funds ownership: 72.92% → 70.76% (-2.2%)
4% less funds holding
Funds holding: 46 → 44 (-2)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
20% less capital invested
Capital invested by funds: $65.6M → $52.7M (-$12.9M)
45% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$363K |
| 2 |
GPWM
Grant Private Wealth Management
Pleasanton,
California
|
+$356K |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$276K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
+$200K |
| 5 |
SS
Sunbelt Securities
Houston,
Texas
|
+$199K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAS
Asset Allocation Strategies
Farmington,
Michigan
|
-$4M |
| 2 |
PJWM
Philip James Wealth Mangement
Milton,
Georgia
|
-$3.88M |
| 3 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$2.74M |
| 4 |
PG
Patten Group
Chattanooga,
Tennessee
|
-$2.16M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$984K |
PHDG Hedge Fund Activity: Q3 2025 in Review
44 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Downside Hedged ETF (PHDG) for Q3 2025, worth a combined $52.7M — down 20% from $65.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PHDG and 5 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 11 added.
The largest buyer was Jane Street, opening a new position worth an estimated $363K. The largest seller was Asset Allocation Strategies, cutting an estimated $4M.
- 44 institutional investors held Invesco S&P 500 Downside Hedged ETF (PHDG) as of Q3 2025, down from 46 in Q2 2025.
- Funds reported $52.7M of Invesco S&P 500 Downside Hedged ETF stock for Q3 2025, down 20% quarter-over-quarter.
- 5 funds opened new Invesco S&P 500 Downside Hedged ETF positions in Q3 2025 and 6 closed out, a net change of -1 holder.
- The largest Invesco S&P 500 Downside Hedged ETF buyer in Q3 2025 was Jane Street, an estimated $363K added.
- The largest Invesco S&P 500 Downside Hedged ETF seller in Q3 2025 was Asset Allocation Strategies, an estimated $4M sold.
Based on aggregated 13F filings for Q3 2025.