Invesco S&P 500 Downside Hedged ETF
PHDG
41 hedge funds and large institutions have $39.9M invested in Invesco S&P 500 Downside Hedged ETF in 2026 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 22 reducing their positions, and 5 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 43 → 41 (-2)
5.52% less ownership
Funds ownership: 69.48% → 63.96% (-5.5%)
17% less capital invested
Capital invested by funds: $48.1M → $39.9M (-$8.25M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
64% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$437K |
| 2 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
+$201K |
| 3 |
LPL Financial
San Diego,
California
|
+$186K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$26.4K |
| 5 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$16.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$3.45M |
| 2 |
LCM
Lunt Capital Management
Holladay,
Utah
|
-$1.57M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$954K |
| 4 |
AAS
Asset Allocation Strategies
Farmington,
Michigan
|
-$808K |
| 5 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
-$657K |
PHDG Hedge Fund Activity: Q1 2026 in Review
41 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Downside Hedged ETF (PHDG) for Q1 2026, worth a combined $39.9M — down 17% from $48.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PHDG and 3 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 8 added.
The largest buyer was Susquehanna International Group, adding an estimated $437K. The largest seller was Geneos Wealth Management, cutting an estimated $3.45M.
- 41 institutional investors held Invesco S&P 500 Downside Hedged ETF (PHDG) as of Q1 2026, down from 43 in Q4 2025.
- Funds reported $39.9M of Invesco S&P 500 Downside Hedged ETF stock for Q1 2026, down 17% quarter-over-quarter.
- 3 funds opened new Invesco S&P 500 Downside Hedged ETF positions in Q1 2026 and 5 closed out, a net change of -2 holders.
- The largest Invesco S&P 500 Downside Hedged ETF buyer in Q1 2026 was Susquehanna International Group, an estimated $437K added.
- The largest Invesco S&P 500 Downside Hedged ETF seller in Q1 2026 was Geneos Wealth Management, an estimated $3.45M sold.
Based on aggregated 13F filings for Q1 2026.