INVESCO EXCHANGE TRADED FD T (CSD): Hedge Fund Ownership & Smart Money Signals (Q4 2025)

INVESCO EXCHANGE TRADED FD T (CSD)

31 + Investors. Track Smart Money conviction in CSD. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — CSD

Based on 31 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q

For 2 consecutive quarters, more hedge funds added CSD than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (100% of max)

100% of all-time peak

31 hedge funds hold CSD right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

🚀

Fast accumulation — +24% more funds vs a year ago

fund count last 6Q

+6 new funds entered over the past year (+24% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.

🟠

More sellers than buyers — 40% buying

8 buying12 selling

Last quarter: 12 funds reduced or exited vs 8 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

➡️

Steady new buyers — ~4 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 6 → 3 → 5 → 4. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔒

61% of holders stayed for 2+ years

■ 61% conviction (2yr+) ■ 23% medium ■ 16% new

19 out of 31 hedge funds have held CSD for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

➡️

Steady discovery — ~4 new funds/quarter

3 → 6 → 3 → 5 → 4 new funds/Q

New funds entering each quarter: 6 → 3 → 5 → 4. Consistent flow of new institutional buyers without clear acceleration or slowdown.

🏛️

Deep conviction — 61% of holders stayed 2+ years

■ 61% veterans ■ 16% 1-2yr ■ 23% new

Of 31 current holders: 19 (61%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.

✅

Strong quality — 21% AUM from major funds

21% from top-100 AUM funds

8 of 31 holders rank in the top 100 by AUM, accounting for 21% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

4.2

out of 10

Moderate Exit Risk

Exit risk score 4.2/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2025 Q4)	Prior (2025 Q3)	Change
Funds Holding	31	30	3.33%
13F Shares	218K	234K	-6.8%
Total Value	$22M	$22M	1.73%
New Positions	4	5	-1
Increased Positions	4	8	-4
Closed Positions	3	2	+1
Reduced Positions	9	5	+4
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2025 Q4)

Prior (2025 Q3)

Change

Funds Holding

3.33%

13F Shares

218K

234K

-6.8%

Total Value

$22M

1.73%

New Positions

-1

Increased Positions

-4

Closed Positions

Reduced Positions

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

31 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CSD. Verified SEC 13F-HR filings.

FILTER:All New Added To Reduced No Change | Overweight >5% | SHOW: Active managers + show index funds

Top 12 institutional holders of CSD — 2025 Q4 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Fulcrum Equity Management	0.22%	2,053	$231K
2	Occidental Asset Management, LLC	0.13%	10,000	$1.1M
3	Phocas Financial Corp.	0.13%	7,400	$834K
4	FIRST NATIONAL BANK SIOUX FALLS	0.06%	1,767	$219K
5	Harbor Asset Planning, Inc.	0.02%	215	$24K
6	Private Advisor Group, LLC	0.02%	37,035	$4.2M
7	Costello Asset Management, INC	0.01%	356	$40K
8	CITIZENS FINANCIAL GROUP INC/RI	0.00%	2,300	$259K
9	THRIVENT FINANCIAL FOR LUTHERANS	0.00%	10,048	$1K
10	DUNCKER STREETT & CO INC	0.00%	100	$11K
11	COMMONWEALTH EQUITY SERVICES, LLC	0.00%	4,033	$454K
12	Farther Finance Advisors, LLC	0.00%	16	$2K

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — INVESCO EXCHANGE TRADED FD T (CSD)

What does the Smart Money Trend signal show for CSD?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added CSD than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for CSD?

More sellers than buyers — 40% buying: Last quarter: 12 funds reduced or exited vs 8 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for CSD holders?

Strong quality — 21% AUM from major funds: 8 of 31 holders rank in the top 100 by AUM, accounting for 21% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held CSD?

61% of holders stayed for 2+ years: 19 out of 31 hedge funds have held CSD for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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INVESCO EXCHANGE TRADED FD T (CSD)

Smart Money Signals — CSD

Buying streak — 2 quarters in a row

At the ownership peak (100% of max)

Fast accumulation — +24% more funds vs a year ago

More sellers than buyers — 40% buying

Steady new buyers — ~4 new funds per quarter

61% of holders stayed for 2+ years

Steady discovery — ~4 new funds/quarter

Deep conviction — 61% of holders stayed 2+ years

Strong quality — 21% AUM from major funds

Hedge Fund Ownership: CSD

Market Analysis: CSD

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: CSD

Hedge Fund Positioning: CSD

Statistics: CSD

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — INVESCO EXCHANGE TRADED FD T (CSD)

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