Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Invesco Actively Managed Exc (PHDG)

36 + 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
↓ -5
Streak
2Q ▼
Buyers last Q
37%

Smart Money Signals — PHDG

Based on 37 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, 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 — 74% of 3.0Y peak

74% of all-time peak
37 funds currently hold this stock — 74% 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 — 21% fewer funds vs a year ago

fund count last 6Q
10 fewer hedge funds hold PHDG compared to a year ago (-21% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🔴

Heavy selling pressure — only 37% buying

14 buying24 selling
Last quarter: 24 funds sold vs only 14 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~5 new funds per quarter

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

68% of holders stayed for 2+ years

■ 68% conviction (2yr+) ■ 19% medium ■ 14% new
25 out of 37 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.
💰

Value +45% but shares only +19% — price-driven

Value
+45%
Shares
+19%
Last quarter: the total dollar value of institutional holdings rose +45%, but actual share count only changed +19%. 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.
📊

Peak discovery — momentum slowing

11 → 5 → 6 → 4 → 5 new funds/Q
New funds entering each quarter: 5 → 6 → 4 → 5. 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 — 76% veterans vs 16% newcomers

■ 76% veterans ■ 8% 1-2yr ■ 16% new
Entry-cohort mix of 37 holders: 28 (76%) are 2+ year veterans, 3 entered 1–2 years ago, and 6 (16%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 16% AUM from top-100

16% from top-100 AUM funds
6 of 37 holders rank in the top 100 by AUM, but together hold only 16% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
2.7
out of 10
Low Exit Risk
Exit risk score 2.7/10 — 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 Q2, 14 hedge funds were net buyers of PHDG (5 opened a new position, 9 added to an existing one), while 24 reduced or exited (14 trimmed, 10 sold completely) — a 37% buyer ratio, indicating net institutional distribution. Net selling has persisted for two consecutive quarters. Net fund flow last quarter: -5 funds (more exits than new entries). Total institutional holders: 37.

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

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.7
/ 10
conviction
Hedge Fund Positioning: PHDG
36 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 36 42 -14.29%
13F Shares 1M 1M 17.13%
Total Value $40M $28M 41.74%
New Positions 5 4 +1
Increased Positions 9 7 +2
Closed Positions 11 6 +5
Reduced Positions 13 24 -11
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PHDG

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Financial Highlights

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Institutional Holders (2026 Q2)

36 + 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 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 WFA of San Diego, LLC 1.66% 48,254 $2.0M
2 First Growth Capital LLC 0.82% 26,298 $1.1M
3 January Capital Advisors LLC 0.81% 23,544 $964K
4 Asset Allocation Strategies LLC 0.37% 58,853 $2.4M
5 Blueprint Financial Advisors LLC 0.35% 77,234 $3.2M
6 Family Capital Management, Inc. 0.32% 20,049 $821K
7 Blueprint Investment Partners LLC 0.26% 77,234 $3.2M
8 Darwin Wealth Management, LLC 0.18% 16,073 $658K
9 Grant Private Wealth Management Inc 0.12% 6,824 $279K
10 Kovack Advisors, Inc. 0.07% 32,924 $1.4M
11 AE Wealth Management LLC 0.05% 263,698 $10.8M
12 Old Mission Capital LLC 0.03% 43,871 $1.8M
13 Highland Investment Advisors LLC 0.02% 1,138 $47K
14 Compass Financial Management LLC 0.02% 4,089 $168K
15 Connecticut Wealth Management, LLC 0.02% 10,482 $429K
16 HHM Wealth Advisors, LLC 0.01% 3,052 $125K
17 Axxcess Wealth Management, LLC 0.01% 16,073 $658K
18 Private Advisor Group, LLC 0.01% 39,201 $1.6M
19 Stratos Wealth Partners, LTD. 0.01% 12,954 $530K
20 Ameritas Advisory Services, LLC 0.00% 5,305 $217K
21 Orion Porfolio Solutions, LLC 0.00% 12,861 $527K
22 LPL Financial LLC 0.00% 83,340 $3.4M
23 10Elms LLP 0.00% 26 $1K
24 Osaic Holdings, INC. 0.00% 6,514 $267K
25 Royal Bank of Canada 0.00% 20,825 $852K
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 — 2 quarters in a row: For 2 consecutive quarters, 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 37% buying: Last quarter: 24 funds sold vs only 14 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?

Smaller funds dominant — 16% AUM from top-100: 6 of 37 holders rank in the top 100 by AUM, but together hold only 16% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held PHDG?

68% of holders stayed for 2+ years: 25 out of 37 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.

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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