Invesco S&P 500 Quality ETF
SPHQ
623 hedge funds and large institutions have $7.75B invested in Invesco S&P 500 Quality ETF in 2025 Q1 according to their latest regulatory filings, with 76 funds opening new positions, 276 increasing their positions, 158 reducing their positions, and 47 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 276 | Existing positions reduced: 158
62% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 47
47% more call options, than puts
Call options by funds: $312K | Put options by funds: $212K
4% more funds holding in top 10
Funds holding in top 10: 51 → 53 (+2)
3% more funds holding
Funds holding: 606 → 623 (+17)
8.72% less ownership
Funds ownership: 74.44% → 65.72% (-8.7%)
12% less capital invested
Capital invested by funds: $8.82B → $7.75B (-$1.07B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$118M |
| 2 |
LPL Financial
San Diego,
California
|
+$90.8M |
| 3 |
Morgan Stanley
New York
|
+$64.9M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
+$61.5M |
| 5 |
Bank of New York Mellon
New York
|
+$48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCAS
First Command Advisory Services
Fort Worth,
Texas
|
-$755M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$750M |
| 3 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$84.3M |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$35.8M |
| 5 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$33.9M |
SPHQ Hedge Fund Activity: Q1 2025 in Review
623 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Quality ETF (SPHQ) for Q1 2025, worth a combined $7.75B — down 12% from $8.82B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new SPHQ positions and 47 closed out — a net gain of 29 holders — while 276 added to existing stakes and 158 trimmed.
The largest buyer was Ameriprise, adding an estimated $118M. The largest seller was First Command Advisory Services, cutting an estimated $755M.
- 623 institutional investors held Invesco S&P 500 Quality ETF (SPHQ) as of Q1 2025, up from 606 in Q4 2024.
- Funds reported $7.75B of Invesco S&P 500 Quality ETF stock for Q1 2025, down 12% quarter-over-quarter.
- 76 funds opened new Invesco S&P 500 Quality ETF positions in Q1 2025 and 47 closed out, a net change of +29 holders.
- The largest Invesco S&P 500 Quality ETF buyer in Q1 2025 was Ameriprise, an estimated $118M added.
- The largest Invesco S&P 500 Quality ETF seller in Q1 2025 was First Command Advisory Services, an estimated $755M sold.
Based on aggregated 13F filings for Q1 2025.