Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
352 hedge funds and large institutions have $1.24B invested in Invesco S&P 500 High Dividend Low Volatility ETF in 2025 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 133 increasing their positions, 105 reducing their positions, and 43 closing their positions.
56% more call options, than puts
Call options by funds: $1.67M | Put options by funds: $1.07M
35% more capital inflows, than outflows
Capital inflows: $130M | Capital outflows: $96.6M
27% more repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 105
0.34% more ownership
Funds ownership: 34.34% → 34.69% (+0.34%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4% less funds holding
Funds holding: 366 → 352 (-14)
16% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$24.7M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$21.4M |
| 3 |
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$7.38M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$6.1M |
| 5 |
Prostatis Group
Hanover,
Maryland
|
+$4.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fourpath Capital Management
Oklahoma City,
Oklahoma
|
-$13.8M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$7.97M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.22M |
| 4 |
Barings
Charlotte,
North Carolina
|
-$5.53M |
| 5 |
GTS Securities
Miami,
Florida
|
-$5.5M |
SPHD Hedge Fund Activity: Q1 2025 in Review
352 of the 7,484 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) for Q1 2025, worth a combined $1.24B — up 6.6% from $1.16B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of SPHD and 36 opened new positions — a net loss of 7 holders — while 105 trimmed existing stakes and 133 added.
The largest buyer was LPL Financial, adding an estimated $24.7M. The largest seller was Fourpath Capital Management, exiting entirely with an estimated $13.8M sold.
- 352 institutional investors held Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) as of Q1 2025, down from 366 in Q4 2024.
- Funds reported $1.24B of Invesco S&P 500 High Dividend Low Volatility ETF stock for Q1 2025, up 6.6% quarter-over-quarter.
- 36 funds opened new Invesco S&P 500 High Dividend Low Volatility ETF positions in Q1 2025 and 43 closed out, a net change of -7 holders.
- The largest Invesco S&P 500 High Dividend Low Volatility ETF buyer in Q1 2025 was LPL Financial, an estimated $24.7M added.
- The largest Invesco S&P 500 High Dividend Low Volatility ETF seller in Q1 2025 was Fourpath Capital Management, an estimated $13.8M sold.
Based on aggregated 13F filings for Q1 2025.