Invesco S&P 500 High Beta ETF
SPHB
110 hedge funds and large institutions have $258M invested in Invesco S&P 500 High Beta ETF in 2025 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 27 increasing their positions, 46 reducing their positions, and 17 closing their positions.
13.1% more ownership
Funds ownership: 63.28% → 76.37% (+13%)
6% less funds holding
Funds holding: 117 → 110 (-7)
24% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 17
41% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 46
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
63% less capital invested
Capital invested by funds: $691M → $258M (-$433M)
98% less call options, than puts
Call options by funds: $908K | Put options by funds: $42.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$70.7M |
| 2 |
LPL Financial
San Diego,
California
|
+$22.1M |
| 3 |
VAS
Vestmark Advisory Solutions
Wakefield,
Massachusetts
|
+$8.35M |
| 4 |
GS
GTS Securities
New York
|
+$5.71M |
| 5 |
CG
Cynosure Group
Salt Lake City,
Utah
|
+$5.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$22.3M |
| 2 |
QAM
Q3 Asset Management
Birmingham,
Michigan
|
-$11.2M |
| 3 |
Morgan Stanley
New York
|
-$9.78M |
| 4 |
Jane Street
New York
|
-$6.43M |
| 5 |
EFI
EHP Funds Inc
Toronto,
Canada
|
-$5.56M |
SPHB Hedge Fund Activity: Q1 2025 in Review
110 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 High Beta ETF (SPHB) for Q1 2025, worth a combined $258M — down 63% from $691M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of SPHB and 13 opened new positions — a net loss of 4 holders — while 46 trimmed existing stakes and 27 added.
The largest buyer was Bank of America, adding an estimated $70.7M. The largest seller was Wells Fargo, cutting an estimated $22.3M.
- 110 institutional investors held Invesco S&P 500 High Beta ETF (SPHB) as of Q1 2025, down from 117 in Q4 2024.
- Funds reported $258M of Invesco S&P 500 High Beta ETF stock for Q1 2025, down 63% quarter-over-quarter.
- 13 funds opened new Invesco S&P 500 High Beta ETF positions in Q1 2025 and 17 closed out, a net change of -4 holders.
- The largest Invesco S&P 500 High Beta ETF buyer in Q1 2025 was Bank of America, an estimated $70.7M added.
- The largest Invesco S&P 500 High Beta ETF seller in Q1 2025 was Wells Fargo, an estimated $22.3M sold.
Based on aggregated 13F filings for Q1 2025.