Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Invesco Actively Managed Exc (PHDG)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
1Q ▼
Buyers last Q
27%

Smart Money Signals — PHDG

Based on 42 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 PHDG 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 — 84% of 3.0Y peak

84% of all-time peak
42 funds currently hold this stock — 84% of the 3.0-year high of 50 funds (reached 2023 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 12% fewer funds vs a year ago

fund count last 6Q
6 fewer hedge funds hold PHDG compared to a year ago (-12% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🔴

Heavy selling pressure — only 27% buying

11 buying30 selling
Last quarter: 30 funds sold vs only 11 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~4 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 11 → 5 → 6 → 4. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

74% of holders stayed for 2+ years

■ 74% conviction (2yr+) ■ 19% medium ■ 7% new
31 out of 42 hedge funds have held PHDG 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.
📊

Peak discovery — momentum slowing

10 → 11 → 5 → 6 → 4 new funds/Q
New funds entering each quarter: 11 → 5 → 6 → 4. PHDG is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 83% veterans vs 12% newcomers

■ 83% veterans ■ 5% 1-2yr ■ 12% new
Entry-cohort mix of 42 holders: 35 (83%) are 2+ year veterans, 2 entered 1–2 years ago, and 5 (12%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 27% AUM from major funds

27% from top-100 AUM funds
9 of 42 holders rank in the top 100 by AUM, accounting for 27% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — 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 — PHDG

In 2026 Q1, 11 hedge funds were net buyers of PHDG (4 opened a new position, 7 added to an existing one), while 30 reduced or exited (24 trimmed, 6 sold completely) — a 27% buyer ratio, indicating net institutional distribution. 27% of total institutional value in PHDG is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 42.

Hedge Fund Ownership: PHDG

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

Market Analysis: PHDG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PHDG

-- --

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

Is It Too Late to Buy Invesco Actively Managed Exc (PHDG) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much PHDG 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 · 83d ago
PHDG
+9.5%
SPY
+15.1%

PHDG outperformed SPY by -5.6% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 38d ago
PHDG
-0.9%
SPY
+1.3%

Since the filing became public, PHDG outperformed SPY by -2.2% .

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.

3 top-rated funds 0 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
1.1
/ 10
conviction
Hedge Fund Positioning: PHDG
42 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 42 44 -4.55%
13F Shares 1M 1M -18.55%
Total Value $28M $37M -23.15%
New Positions 4 6 -2
Increased Positions 7 4 +3
Closed Positions 6 6 -
Reduced Positions 24 26 -2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PHDG

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Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

42 + investors

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

QUARTER:
Top 25 PHDG holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 WFA of San Diego, LLC 1.51% 49,851 $1.9M
2 January Capital Advisors LLC 1.26% 24,733 $935K
3 First Growth Capital LLC 0.79% 23,143 $878K
4 Asset Allocation Strategies LLC 0.43% 63,702 $2.4M
5 Blueprint Financial Advisors LLC 0.36% 63,604 $2.4M
6 Family Capital Management, Inc. 0.34% 20,049 $758K
7 Blueprint Investment Partners LLC 0.25% 63,604 $2.4M
8 Darwin Wealth Management, LLC 0.20% 17,346 $655K
9 Grant Private Wealth Management Inc 0.14% 6,987 $264K
10 Lunt Capital Management, Inc. 0.13% 8,923 $337K
11 Kovack Advisors, Inc. 0.07% 33,229 $1.3M
12 Patten Group, Inc. 0.05% 7,508 $284K
13 Old Mission Capital LLC 0.02% 38,750 $1.5M
14 Sunbelt Securities, Inc. 0.02% 7,670 $290K
15 Connecticut Wealth Management, LLC 0.02% 10,482 $396K
16 HHM Wealth Advisors, LLC 0.01% 3,052 $115K
17 Stratos Wealth Partners, LTD. 0.01% 19,440 $735K
18 Ameritas Advisory Services, LLC 0.01% 5,305 $200K
19 Private Advisor Group, LLC 0.01% 40,583 $1.5M
20 Orion Porfolio Solutions, LLC 0.00% 13,263 $501K
21 LPL Financial LLC 0.00% 79,477 $3.0M
22 10Elms LLP 0.00% 26 —
23 Mariner, LLC 0.00% 13,270 $501K
24 Advisory Services Network, LLC 0.00% 695 $26K
25 Harbour Investments, INC. 0.00% 409 $15K
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 Actively Managed Exc (PHDG)

What does the Smart Money Trend signal show for PHDG?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their PHDG 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 PHDG?

Heavy selling pressure — only 27% buying: Last quarter: 30 funds sold vs only 11 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for PHDG holders?

Strong quality — 27% AUM from major funds: 9 of 42 holders rank in the top 100 by AUM, accounting for 27% 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 PHDG?

74% of holders stayed for 2+ years: 31 out of 42 hedge funds have held PHDG 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 Actively Managed Exc (PHDG) following the 2026 Q1 hedge fund 13F filings?

As of today, PHDG has moved -0.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.3% for the SPY sector ETF — an outperformance of -2.2%. Since the quarter end (March 31, 2026), PHDG has gained +9.5% vs +15.1% 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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