Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
345 hedge funds and large institutions have $1.11B invested in Invesco S&P 500 High Dividend Low Volatility ETF in 2026 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 130 increasing their positions, 99 reducing their positions, and 28 closing their positions.
46% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 28
31% more repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 99
12% more capital invested
Capital invested by funds: $991M → $1.11B (+$122M)
2% more funds holding
Funds holding: 339 → 345 (+6)
7% more call options, than puts
Call options by funds: $1.94M | Put options by funds: $1.82M
0.98% more ownership
Funds ownership: 32.82% → 33.8% (+0.98%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$100M |
| 2 |
JP Morgan Chase
New York
|
+$19.8M |
| 3 |
EC
Estate Counselors
Thiensville,
Wisconsin
|
+$6.19M |
| 4 |
Two Sigma Investments
New York
|
+$5.57M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$4.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$21.2M |
| 2 |
BAM
BTS Asset Management
Lincoln,
Massachusetts
|
-$8.7M |
| 3 |
FWM
Foguth Wealth Management
Brighton,
Michigan
|
-$8.29M |
| 4 |
Morgan Stanley
New York
|
-$7.08M |
| 5 |
SW
SteelPeak Wealth
Woodland Hills,
California
|
-$6.62M |
SPHD Hedge Fund Activity: Q1 2026 in Review
345 of the 8,173 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) for Q1 2026, worth a combined $1.11B — up 12% from $991M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new SPHD positions and 28 closed out — a net gain of 13 holders — while 130 added to existing stakes and 99 trimmed.
The largest buyer was Brookstone Capital Management, adding an estimated $100M. The largest seller was Stifel Financial, cutting an estimated $21.2M.
- 345 institutional investors held Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) as of Q1 2026, up from 339 in Q4 2025.
- Funds reported $1.11B of Invesco S&P 500 High Dividend Low Volatility ETF stock for Q1 2026, up 12% quarter-over-quarter.
- 41 funds opened new Invesco S&P 500 High Dividend Low Volatility ETF positions in Q1 2026 and 28 closed out, a net change of +13 holders.
- The largest Invesco S&P 500 High Dividend Low Volatility ETF buyer in Q1 2026 was Brookstone Capital Management, an estimated $100M added.
- The largest Invesco S&P 500 High Dividend Low Volatility ETF seller in Q1 2026 was Stifel Financial, an estimated $21.2M sold.
Based on aggregated 13F filings for Q1 2026.