Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
339 hedge funds and large institutions have $1.05B invested in Invesco S&P 500 High Dividend Low Volatility ETF in 2025 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 130 increasing their positions, 115 reducing their positions, and 31 closing their positions.
41% more call options, than puts
Call options by funds: $1.6M | Put options by funds: $1.14M
13% more repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 115
1.73% less ownership
Funds ownership: 34.8% → 33.07% (-1.7%)
3% less funds holding
Funds holding: 349 → 339 (-10)
15% less capital invested
Capital invested by funds: $1.24B → $1.05B (-$192M)
26% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 31
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
BTS Asset Management
Lincoln,
Massachusetts
|
+$10.1M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.17M |
| 3 |
FWM
Foguth Wealth Management
Brighton,
Michigan
|
+$5.02M |
| 4 |
SAW
Signal Advisors Wealth
Detroit,
Michigan
|
+$4.93M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$3.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$34.9M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$23.7M |
| 3 |
B
Barings
Charlotte,
North Carolina
|
-$18.9M |
| 4 |
LPL Financial
San Diego,
California
|
-$14.3M |
| 5 |
Goldman Sachs
New York
|
-$14.2M |
SPHD Hedge Fund Activity: Q2 2025 in Review
339 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) for Q2 2025, worth a combined $1.05B — down 15% from $1.24B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of SPHD and 23 opened new positions — a net loss of 8 holders — while 115 trimmed existing stakes and 130 added.
The largest buyer was BTS Asset Management, opening a new position worth an estimated $10.1M. The largest seller was Ameriprise, cutting an estimated $34.9M.
- 339 institutional investors held Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) as of Q2 2025, down from 349 in Q1 2025.
- Funds reported $1.05B of Invesco S&P 500 High Dividend Low Volatility ETF stock for Q2 2025, down 15% quarter-over-quarter.
- 23 funds opened new Invesco S&P 500 High Dividend Low Volatility ETF positions in Q2 2025 and 31 closed out, a net change of -8 holders.
- The largest Invesco S&P 500 High Dividend Low Volatility ETF buyer in Q2 2025 was BTS Asset Management, an estimated $10.1M added.
- The largest Invesco S&P 500 High Dividend Low Volatility ETF seller in Q2 2025 was Ameriprise, an estimated $34.9M sold.
Based on aggregated 13F filings for Q2 2025.