SPHQ Hedge Fund Ownership (Q2 2026)

Q: Is it too late to buy Invesco Exchange Traded Fd T (SPHQ) following the 2026 Q3 hedge fund 13F filings?

As of today, SPHQ has moved +0.0% since the 2026 Q3 13F filing date (November 14, 2026), compared to +0.0% for the SPY sector ETF — an outperformance of +0.0%. Since the quarter end (September 30, 2026), SPHQ gained -0.2% vs -1.1% 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.

Invesco Exchange Traded Fd T (SPHQ)

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

Smart Money Signals — SPHQ

Based on 825 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 11 quarters in a row

last 6Q

For 11 consecutive quarters, more hedge funds added SPHQ 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

825 hedge funds hold SPHQ 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 — +26% more funds vs a year ago

fund count last 6Q

+168 new funds entered over the past year (+26% 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 buyers than sellers — 63% buying

466 buying273 selling

Last quarter: 466 funds were net buyers (141 opened a brand new position + 325 added to an existing one). Only 273 were sellers (217 trimmed + 56 sold completely). A clear majority buying is a strong confirmation signal.

📈

More new buyers each quarter (+56 vs last Q)

new funds entering per quarter

Funds opening a new SPHQ position: 72 → 99 → 85 → 141. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.

🔒

48% of holders stayed for 2+ years

■ 48% conviction (2yr+) ■ 26% medium ■ 26% new

397 out of 825 hedge funds have held SPHQ 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.

💰

Value +32% but shares only +11% — price-driven

Value

+31%

+10%

Last quarter: the total dollar value of institutional holdings rose +32%, but actual share count only changed +11%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.

📈

Growing discovery — still being found

107 → 72 → 99 → 85 → 141 new funds/Q

New funds entering each quarter: 72 → 99 → 85 → 141. A growing number of institutions are discovering SPHQ each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🏛️

Veteran-anchored — 50% veterans vs 31% newcomers

■ 50% veterans ■ 19% 1-2yr ■ 31% new

Entry-cohort mix of 828 holders: 411 (50%) are 2+ year veterans, 157 entered 1–2 years ago, and 260 (31%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

🏆

Elite ownership — 50% AUM from top-100 funds

50% from top-100 AUM funds

32 of 824 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in SPHQ. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

4.0

out of 10

Moderate Exit Risk

Exit risk score 4.0/10 — 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 (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	819	740	10.68%
13F Shares	155M	140M	10.61%
Total Value	$13.67B	$10.37B	31.76%
New Positions	139	85	+54
Increased Positions	322	285	+37
Closed Positions	59	50	+9
Reduced Positions	215	225	-10
Total Calls	2	2	-
Total Puts	1	0	100%
PUT/CALL Ratio	0.5	0.0	Bullish

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

819

740

10.68%

13F Shares

155M

140M

10.61%

Total Value

$13.67B

$10.37B

31.76%

New Positions

139

+54

Increased Positions

322

285

+37

Closed Positions

Reduced Positions

215

225

-10

Total Calls

Total Puts

100%

PUT/CALL Ratio

0.5

0.0

Bullish

Institutional Holders (2026 Q3)

819 + investors

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

QUARTER:

2026 Q3 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 SPHQ holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Independence Asset Advisors, LLC	19.52%	986,930	$83.0M
2	Clearview Wealth Management LLC	19.05%	297,474	$25.4M
3	Demars Financial Group, LLC	17.06%	776,231	$65.3M
4	Union Savings Bank	16.61%	494,027	$41.5M
5	Heritage Wealth Advisors	13.90%	4,600,553	$386.8M
6	Wealth Management Resources, INC.	12.75%	490,734	$41.3M
7	Alvarez & Marsal Private Wealth Partners, LLC	11.58%	1,145,019	$96.3M
8	Paragon Capital Management Ltd	10.73%	693,911	$58.3M
9	Milestone Investment Advisors LLC	9.55%	523,871	$44.0M
10	Hoese & Co LLP	9.02%	163,108	$13.7M
11	Sfmg, LLC	8.58%	1,695,330	$142.5M
12	Cliftonlarsonallen Wealth Advisors, LLC	8.48%	7,724,643	$649.5M
13	Compass Financial Group, Inc. (Ohio)	8.33%	149,694	$12.6M
14	Artesa Financial Group, LLC	8.32%	122,673	$10.3M
15	Sierra Ocean, LLC	7.81%	150,491	$12.7M
16	Cresta Advisors, Ltd.	7.27%	198,193	$16.7M
17	Schwallier Wealth Management LLC	7.26%	135,856	$11.4M
18	Burns Matteson Capital Management, LLC	6.55%	224,909	$18.9M
19	Tulsa Wealth Advisors, INC	6.43%	585,674	$49.2M
20	Sterling Group Wealth Management, LLC	6.27%	191,780	$16.1M
21	Ballast, Inc.	6.08%	388,010	$32.6M
22	First Security Investment Management, Inc.	5.55%	81,162	$6.8M
23	Compass Ion Advisors, LLC	5.48%	774,286	$65.1M
24	OakTrust Wealth Advisors, LLC	5.23%	73,656	$6.2M
25	Alpine Bank Wealth Management	5.20%	478,017	$40.2M

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 (SPHQ)

What does the Smart Money Trend signal show for SPHQ?

Buying streak — 11 quarters in a row: For 11 consecutive quarters, more hedge funds added SPHQ 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 SPHQ?

More buyers than sellers — 63% buying: Last quarter: 466 funds were net buyers (141 opened a brand new position + 325 added to an existing one). Only 273 were sellers (217 trimmed + 56 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for SPHQ holders?

Elite ownership — 50% AUM from top-100 funds: 32 of 824 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in SPHQ. 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 SPHQ?

48% of holders stayed for 2+ years: 397 out of 825 hedge funds have held SPHQ 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 Exchange Traded Fd T (SPHQ) following the 2026 Q3 hedge fund 13F filings?

As of today, SPHQ has moved +0.0% since the 2026 Q3 13F filing date (November 14, 2026), compared to +0.0% for the SPY sector ETF — an outperformance of +0.0%. Since the quarter end (September 30, 2026), SPHQ has gained -0.2% vs -1.1% 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.

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Invesco Exchange Traded Fd T (SPHQ)

Smart Money Signals — SPHQ

Buying streak — 11 quarters in a row

At the ownership peak (100% of max)

Fast accumulation — +26% more funds vs a year ago

More buyers than sellers — 63% buying

More new buyers each quarter (+56 vs last Q)

48% of holders stayed for 2+ years

Value +32% but shares only +11% — price-driven

Growing discovery — still being found

Veteran-anchored — 50% veterans vs 31% newcomers

Elite ownership — 50% AUM from top-100 funds

Institutional Sentiment Summary — SPHQ

Hedge Fund Ownership: SPHQ

Market Analysis: SPHQ

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: SPHQ

Is It Too Late to Buy Invesco Exchange Traded Fd T (SPHQ) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: SPHQ

Statistics: SPHQ

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q3)

Stocks with similar institutional ownership

Frequently Asked Questions — Invesco Exchange Traded Fd T (SPHQ)

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