Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Invesco Exch Traded Fd Tr II (PHB)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -5
Streak
1Q ▼
Buyers last Q
45%

Smart Money Signals — PHB

Based on 110 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their PHB positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 92% of 3.0Y peak

92% of all-time peak
110 funds currently hold this stock — 92% of the 3.0-year high of 120 funds (reached 2024 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 6% fewer funds vs a year ago

fund count last 6Q
7 fewer hedge funds hold PHB compared to a year ago (-6% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 45% buying

48 buying58 selling
Last quarter: 58 funds reduced or exited vs 48 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 — ~15 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 9 → 8 → 20 → 15. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

69% of holders stayed for 2+ years

■ 69% conviction (2yr+) ■ 15% medium ■ 15% new
76 out of 110 hedge funds have held PHB 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.
📈

Growing discovery — still being found

18 → 9 → 8 → 20 → 15 new funds/Q
New funds entering each quarter: 9 → 8 → 20 → 15. A growing number of institutions are discovering PHB each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 75% veterans vs 17% newcomers

■ 75% veterans ■ 7% 1-2yr ■ 17% new
Entry-cohort mix of 110 holders: 83 (75%) are 2+ year veterans, 8 entered 1–2 years ago, and 19 (17%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 71% AUM from top-100 funds

71% from top-100 AUM funds
18 of 109 holders are among the 100 largest funds by AUM, controlling 71% of total institutional value in PHB. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

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.

Institutional Sentiment Summary — PHB

In 2026 Q1, 48 hedge funds were net buyers of PHB (15 opened a new position, 33 added to an existing one), while 58 reduced or exited (38 trimmed, 20 sold completely) — a 45% buyer ratio, indicating roughly balanced activity. 71% of total institutional value in PHB is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -5 funds (more exits than new entries). Total institutional holders: 110.

Hedge Fund Ownership: PHB

How many hedge funds hold PHB — quarterly history vs. share price
Quarterly hedge fund ownership of PHB vs. share price

Market Analysis: PHB

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PHB

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Invesco Exch Traded Fd Tr II (PHB) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much PHB has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
PHB
+2.0%
SPY
+15.9%

PHB outperformed SPY by -13.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
PHB
+1.3%
SPY
+2.0%

Since the filing became public, PHB outperformed SPY by -0.7% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

6 top-rated funds 1 high-conviction
Consensus
3.7
/ 10
breadth
×
Elite
1.2
/ 10
conviction
Hedge Fund Positioning: PHB
108 + Investors

Track Smart Money conviction in PHB. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 108 115 -6.09%
13F Shares 12M 13M -4.88%
Total Value $216M $243M -10.78%
New Positions 14 20 -6
Increased Positions 33 44 -11
Closed Positions 21 13 +8
Reduced Positions 37 27 +10
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PHB

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Financial Highlights

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Institutional Holders (2026 Q1)

108 + investors

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

QUARTER:
Top 25 PHB holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Blueline Advisors LLC 4.14% 297,401 $5.3M
2 Curry Webb Wealth Management LLC 1.64% 193,697 $3.5M
3 Islay Capital Management, LLC 1.51% 166,205 $3.0M
4 Revolve Wealth Partners, LLC 0.73% 314,354 $5.6M
5 Asset Allocation Strategies LLC 0.66% 208,514 $3.7M
6 Omega Financial Group, LLC 0.60% 103,013 $1.8M
7 Hyundai Investments Co., Ltd. 0.39% 19,542 $348K
8 Evergreen Capital Management LLC 0.26% 681,337 $12.2M
9 Moller Wealth Partners 0.14% 40,396 $725K
10 Wagner Wealth Management, LLC 0.13% 36,575 $656K
11 WealthShield Partners, LLC 0.12% 58,780 $1.1M
12 Great Waters Wealth Management 0.09% 48,531 $871K
13 Tcfg Wealth Management, LLC 0.08% 12,443 $225K
14 TCFG Investment Advisors, LLC 0.08% 12,443 $225K
15 Friedenthal Financial 0.08% 9,011 $162K
16 Prudent Investors Network, INC. 0.07% 18,523 $332K
17 Clearstead Trust, LLC 0.06% 19,639 $352K
18 Valley Wealth Managers, INC. 0.05% 43,846 $787K
19 Csenge Advisory Group 0.05% 56,591 $1.0M
20 McAdam, LLC 0.05% 57,284 $1.0M
21 Nwam LLC 0.05% 44,714 $802K
22 Wealth Enhancement Trust Services, Inc. 0.03% 15,277 $274K
23 DHJJ Financial Advisors, Ltd. 0.02% 3,124 $56K
24 Dynamic Advisor Solutions LLC 0.02% 29,835 $535K
25 Rialto Wealth Management, LLC 0.01% 3,305 $59K
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 Exch Traded Fd Tr II (PHB)

What does the Smart Money Trend signal show for PHB?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their PHB positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for PHB?

More sellers than buyers — 45% buying: Last quarter: 58 funds reduced or exited vs 48 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 PHB holders?

Elite ownership — 71% AUM from top-100 funds: 18 of 109 holders are among the 100 largest funds by AUM, controlling 71% of total institutional value in PHB. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held PHB?

69% of holders stayed for 2+ years: 76 out of 110 hedge funds have held PHB 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.

Is it too late to buy Invesco Exch Traded Fd Tr II (PHB) following the 2026 Q1 hedge fund 13F filings?

As of today, PHB has moved +1.3% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the SPY sector ETF — an outperformance of -0.7%. Since the quarter end (March 31, 2026), PHB has gained +2.0% vs +15.9% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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