Vault-13

INVESCO EXCHANGE TRADED FD T PPA

AEROSPACE DEFN · ETP · CUSIP 46137V100

286 institutional holders +44 vs Q3 2023
16,596,58016.6m shares reported held*
$1.5bnreported value*
39 new 123 added 58 reduced 16 sold out net bought ≈ $406.3m (+4.4m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $92.14. Options: 3 managers hold calls ($672.8k notional), 1 hold puts ($147.5k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 178Q4 22: 224Q1 23: 237Q2 23: 235Q3 23: 242Q4 23: 286286Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022178
Q4 2022224
Q1 2023237
Q2 2023235
Q3 2023242
Q4 2023286

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 125 bought or addedQ4 22: 40 cut or sold outQ4 22Q1 23: 135 bought or addedQ1 23: 75 cut or sold outQ1 23Q2 23: 111 bought or addedQ2 23: 93 cut or sold outQ2 23Q3 23: 115 bought or addedQ3 23: 90 cut or sold outQ3 23Q4 23: 162 bought or addedQ4 23: 74 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 202212540
Q1 202313575
Q2 202311193
Q3 202311590
Q4 202316274

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200k$400k$600k$800kQ1 23 calls: $306.1kQ1 23 puts: $346.4kQ1 23P/C 1.13Q2 23 calls: $675.8kQ2 23 puts: $143.6kQ2 23P/C 0.21Q3 23 calls: $0Q3 23 puts: $0Q3 23P/C —Q4 23 calls: $672.8kQ4 23 puts: $147.5kQ4 23P/C 0.22
Numbers
QuarterCallsPutsP/C
Q1 2023$306.1k$346.4k1.13
Q2 2023$675.8k$143.6k0.21
Q3 2023$0$0—
Q4 2023$672.8k$147.5k0.22

Biggest buyers

MORGAN STANLEY Added +1,520,851+1.5m
BANK OF AMERICA CORP /DE/ Added +483,474+483.5k
Mivtachim The Workers Social Insurance Fund Ltd. (Under Special Management) New +371,700+371.7k
Portfolio Strategies, Inc. New +329,550+329.6k
GREENLIGHT CAPITAL INC New +185,521+185.5k
Raymond James Financial Services Advisors, Inc. Added +147,710+147.7k
STIFEL FINANCIAL CORP Added +117,940+117.9k
WELLS FARGO & COMPANY/MN Added +114,843+114.8k
RAYMOND JAMES & ASSOCIATES Added +109,718+109.7k
HighTower Advisors, LLC Added +105,485+105.5k

Biggest sellers

COMMONWEALTH EQUITY SERVICES, LLC Reduced -72,211-72.2k
Tower Research Capital LLC (TRC) Reduced -22,536-22.5k
TWO SIGMA INVESTMENTS, LP Reduced -19,500-19.5k
Stratos Wealth Partners, LTD. Reduced -18,828-18.8k
FLOW TRADERS U.S. LLC Sold out -16,859-16.9k
Corient Private Wealth LP Reduced -12,089-12.1k
CITADEL ADVISORS LLC Reduced -11,766-11.8k
MENORA MIVTACHIM HOLDINGS LTD. Reduced -9,000-9.0k
STEPHENS INC /AR/ Sold out -8,425-8.4k
Strategic Investment Solutions, Inc. /IL Reduced -7,580-7.6k

Biggest calls

Belvedere Trading LLC New $396.3k4.3k shares
WOLVERINE TRADING, LLC New $276.5k3.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Belvedere Trading LLC New $147.5k1.6k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,986,3783.0m $275.2m $275.2m 0.01% Added +1.5m +1,520,851
2 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 2,517,9952.5m $232.1m $232.1m 0.03% Added +483.5k +483,474
3 LPL Financial LLC 0.06% of their portfolio FORT MILL, SC 1,032,0001.0m $95.1m $95.1m 0.06% Added +11.1k +11,053
4 Summit Trail Advisors, LLC 1.90% of their portfolio NEW YORK, NY 623,691623.7k $57.5m $57.5m 1.90% Added +28.6k +28,557
5 Composition Wealth, LLC 1.33% of their portfolio LOS ANGELES, CA 525,837525.8k $48.5m $48.5m 1.33% Added +26.9k +26,897
6 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 469,209469.2k $43.2m $43.2m 0.01% Added +114.8k +114,843
7 HighTower Advisors, LLC 0.07% of their portfolio CHICAGO, IL 452,821452.8k $41.7m $41.7m 0.07% Added +105.5k +105,485
8 MAI Capital Management 0.54% of their portfolio INDEPENDENCE, OH 445,213445.2k $41.0m $41.0m 0.54% Added +18.6k +18,581
9 Mivtachim The Workers Social Insurance Fund Ltd. (Under Special Management) 2.68% of their portfolio Tel Aviv, L3 371,700371.7k $34.3m $34.3m 2.68% New
10 AXXCESS WEALTH MANAGEMENT, LLC 0.91% of their portfolio CARLSBAD, CA 330,381330.4k $30.4m $30.4m 0.91% Added +100.4k +100,449
11 Portfolio Strategies, Inc. 5.04% of their portfolio MONTVALE, NJ 329,550329.6k $30.3m $30.3m 5.04% New
12 MEITAV INVESTMENT HOUSE LTD 0.41% of their portfolio BENE-BERAQ, L3 303,493303.5k $28.0m $28.0m 0.41% Reduced -7.1k -7,134
13 Capital Asset Advisory Services LLC 1.51% of their portfolio Williamston, MI 265,598265.6k $24.5m $24.5m 1.51% Added +92.0k +92,044
14 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 258,693258.7k $23.8m $23.8m 0.01% Added +56.4k +56,446
15 UBS Group AG 0.01% of their portfolio ZURICH, V8 246,057246.1k $22.7m $22.7m 0.01% Added +36.6k +36,591
16 Cambridge Investment Research Advisors, Inc. 0.08% of their portfolio FAIRFIELD, IA 214,902214.9k $19.8m $19.8m 0.08% Added +86.1k +86,117
17 Corient Private Wealth LP 0.04% of their portfolio MIAMI, FL 214,438214.4k $19.8m $19.8m 0.04% Reduced -12.1k -12,089
18 Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio ST. PETERSBURG, FL 208,311208.3k $19.2m $19.2m 0.03% Added +147.7k +147,710
19 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 188,596188.6k $17.4m $17.4m 0.03% Added +1.2k +1,151
20 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 186,926186.9k $17.2m $17.2m 0.02% Added +117.9k +117,940
21 GREENLIGHT CAPITAL INC 0.83% of their portfolio New York, NY 185,521185.5k $17.1m $17.1m 0.83% New
22 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 175,968176.0k $16.2m $16.2m 0.01% Added +109.7k +109,718
23 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 173,366173.4k $16.0m $16.0m 0.03% Reduced -72.2k -72,211
24 Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD 1.05% of their portfolio Tel Aviv, L3 166,184166.2k $15.3m $15.3m 1.05% Unchanged
25 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 165,058165.1k $15.2m $15.2m 0.00% Reduced -7.0k -7,033
26 VALLEY WEALTH MANAGERS, INC. 1.06% of their portfolio PARAMUS, NJ 147,451147.5k $13.6m $13.6m 1.06% Added +73.2k +73,235
27 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 134,536134.5k $12.4m $12.4m 0.00% Added +964 +964
28 SEARCY FINANCIAL SERVICES INC /ADV 6.87% of their portfolio OVERLAND PARK, KS 134,386134.4k $12.4m $12.4m 6.87% Reduced -1.2k -1,190
29 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 126,852126.9k $11.7m $11.7m 0.02% Reduced -2.5k -2,531
30 NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio MONTREAL, A8 116,416116.4k $10.6m $10.6m 0.02% Added +17.0k +17,040
31 Cetera Advisor Networks LLC 0.06% of their portfolio EL SEGUNDO, CA 114,053114.1k $10.5m $10.5m 0.06% Added +28.0k +27,953
32 Beacon Harbor Wealth Advisors, Inc. 2.79% of their portfolio VIRGINIA BEACH, VA 104,201104.2k $9.6m $9.6m 2.79% New
33 Connectus Wealth, LLC 0.18% of their portfolio CINCINNATI, OH 94,83494.8k $8.7m $8.7m 0.18% Added +145 +145
34 Northeast Financial Consultants Inc 0.42% of their portfolio WESTPORT, CT 83,06483.1k $7.7m $7.7m 0.42% Added +1 +1
35 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 76,31776.3k $7.0m $7.0m 0.02% Added +3.4k +3,386
36 BECK CAPITAL MANAGEMENT, LLC 2.16% of their portfolio AUSTIN, TX 68,32068.3k $6.3m $6.3m 2.16% Added +22.9k +22,894
37 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 66,06566.1k $6.1m $6.1m 0.03% Added +3.8k +3,768
38 Presidio Capital Management, LLC 4.70% of their portfolio SAN DIEGO, CA 65,33665.3k $6.0m $6.0m 4.70% Added +876 +876
39 Hollow Brook Wealth Management LLC 2.27% of their portfolio Katonah, NY 61,63761.6k $5.7m $5.7m 2.27% Added +8 +8
40 Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD 1.12% of their portfolio Tel Aviv, L3 61,16561.2k $5.6m $5.6m 1.12% Unchanged
41 Beacon Pointe Advisors, LLC 0.06% of their portfolio NEWPORT BEACH, CA 56,42056.4k $5.2m $5.2m 0.06% Added +6.5k +6,550
42 Lindbrook Capital, LLC 0.50% of their portfolio CALABASAS, CA 54,50354.5k $5.0m $5.0m 0.50% Reduced -770 -770
43 Quaker Wealth Management, LLC 1.98% of their portfolio MOORESTOWN, NJ 47,68747.7k $4.4m $4.4m 1.98% Added +114 +114
44 Regal Investment Advisors LLC 0.33% of their portfolio KENTWOOD, MI 47,64347.6k $4.4m $4.4m 0.33% Added +45.0k +44,953
45 AE Wealth Management LLC 0.02% of their portfolio TOPEKA, KS 46,01646.0k $4.2m $4.2m 0.02% Added +17.7k +17,711
46 United Asset Strategies, Inc. 0.47% of their portfolio GARDEN CITY, NY 45,25945.3k $4.2m $4.2m 0.47% Added +42.2k +42,235
47 Norris Financial Group, LLC 2.47% of their portfolio GREENVILLE, SC 44,08444.1k $4.1m $4.1m 2.47% Added +40.6k +40,613
48 SMART Wealth LLC 2.15% of their portfolio Omaha, NE 42,62642.6k $3.9m $3.9m 2.15% Added +22.4k +22,419
49 Steward Partners Investment Advisory, LLC 0.05% of their portfolio STAMFORD, CT 40,48140.5k $3.7m $3.7m 0.05% Added +8.2k +8,243
50 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 40,24640.2k $3.7m $3.7m 0.03% Added +1.1k +1,088
51 New England Private Wealth Advisors LLC 0.67% of their portfolio WELLESLEY, MA 39,67139.7k $3.7m $3.7m 0.67% Added +136 +136
52 CASTLE WEALTH MANAGEMENT LLC 2.12% of their portfolio BOYNTON BEACH, FL 38,28738.3k $3.5m $3.5m 2.12% Reduced -343 -343
53 FOCUS FINANCIAL NETWORK INC /ADV 0.13% of their portfolio Minneapolis, MN 38,10938.1k $3.5m $3.5m 0.13% First filing
54 AVANTAX ADVISORY SERVICES, INC. 0.03% of their portfolio DALLAS, TX 37,94237.9k $3.5m $3.5m 0.03% Added +17.0k +17,047
55 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 37,66637.7k $3.5m $3.5m 0.01% Reduced -858 -858
56 WT Wealth Management 1.30% of their portfolio SCOTTSDALE, AZ 35,81535.8k $3.3m $3.3m 1.30% Added +1.3k +1,319
57 Equitable Holdings, Inc. 0.04% of their portfolio NEW YORK, NY 35,60435.6k $3.3m $3.3m 0.04% Added +13.2k +13,204
58 Spectrum Strategic Capital Management, LLC 2.72% of their portfolio CORVALLIS, OR 34,38234.4k $3.2m $3.2m 2.72% First filing
59 OPPENHEIMER & CO INC 0.06% of their portfolio NEW YORK, NY 33,11333.1k $3.1m $3.1m 0.06% Reduced -3.0k -3,007
60 Riggs Asset Managment Co. Inc. 0.94% of their portfolio DALLAS, PA 32,17132.2k $3.0m $3.0m 0.94% Added +1.0k +1,001
61 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.20% of their portfolio BIRMINGHAM, AL 31,08231.1k $2.9m $2.9m 0.20% Added +8 +8
62 CREATIVE FINANCIAL DESIGNS INC /ADV 0.28% of their portfolio KOKOMO, IN 30,42830.4k $2.8m $2.8m 0.28% Reduced -275 -275
63 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 29,24229.2k $2.7m $2.7m 0.02% Added +1.0k +1,035
64 Pacific Sun Financial Corp 1.69% of their portfolio LOS ANGELES, CA 29,10829.1k $2.7m $2.7m 1.69% Reduced -11 -11
65 ORLEANS CAPITAL MANAGEMENT CORP/LA 1.76% of their portfolio MANDEVILLE, LA 28,51128.5k $2.6m $2.6m 1.76% Added +1.5k +1,485
66 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 28,35028.4k $2.6m $2.6m 0.00% Added +27.4k +27,361
67 Cetera Advisors LLC 0.03% of their portfolio DENVER, CO 26,66826.7k $2.5m $2.5m 0.03% Added +9.6k +9,610
68 IHT Wealth Management, LLC 0.11% of their portfolio Chicago, IL 26,60826.6k $2.5m $2.5m 0.11% Reduced -197 -197
69 Atria Wealth Solutions, Inc. 0.03% of their portfolio NEW YORK, NY 26,30726.3k $2.4m $2.4m 0.03% Added +4.3k +4,315
70 Diversified, LLC 0.51% of their portfolio Wilmington, DE 25,65125.7k $2.4m $2.4m 0.51% Reduced -553 -553
71 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 24,40024.4k $2.2m $2.2m 0.00% Added +19.6k +19,600
72 J.W. COLE ADVISORS, INC. 0.13% of their portfolio TAMPA, FL 23,79723.8k $2.2m $2.2m 0.13% Added +5.2k +5,199
73 Stratos Wealth Advisors, LLC 0.12% of their portfolio BEACHWOOD, OH 22,40022.4k $2.1m $2.1m 0.12% Reduced -1.2k -1,192
74 Perigon Wealth Management, LLC 0.07% of their portfolio SAN FRANCISCO, CA 21,77721.8k $2.0m $2.0m 0.07% Added +14.7k +14,690
75 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 20,31320.3k $1.9m $1.9m 0.00% Added +9.4k +9,354
76 GREAT VALLEY ADVISOR GROUP, INC. 0.06% of their portfolio WILMINGTON, DE 19,03919.0k $1.8m $1.8m 0.06% Reduced -995 -995
77 Financial Advocates Investment Management 0.11% of their portfolio OLYMPIA, WA 18,88018.9k $1.6m $1.6m 0.11% Added +4.9k +4,866
78 FLAGSHIP HARBOR ADVISORS, LLC 0.13% of their portfolio BOSTON, MA 18,65318.7k $1.7m $1.7m 0.13% Reduced -591 -591
79 4J Wealth Management LLC 1.56% of their portfolio MCLEAN, VA 18,56118.6k $1.7m $1.7m 1.56% Reduced -211 -211
80 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 18,09918.1k $1.7m $1.7m 0.01% Reduced -361 -361
81 DAVENPORT & Co LLC 0.01% of their portfolio RICHMOND, VA 16,80316.8k $1.5m $1.5m 0.01% Added +1.6k +1,639
82 GUARDIAN WEALTH ADVISORS, LLC / NC 0.23% of their portfolio RALEIGH, NC 16,44316.4k $1.5m $1.5m 0.23% Reduced -1.6k -1,599
83 Ameritas Advisory Services, LLC 0.08% of their portfolio Lincoln, NE 16,29116.3k $1.5m $1.5m 0.08% Added +6.7k +6,695
84 Nilsine Partners, LLC 0.22% of their portfolio GREENWOOD VILLAGE, CO 15,66015.7k $1.4m $1.4m 0.22% Reduced -92 -92
85 Ellis Investment Partners, LLC 0.32% of their portfolio Berwyn, PA 15,17615.2k $1.4m $1.4m 0.32% Reduced -431 -431
86 Kraft, Davis & Associates, LLC 0.39% of their portfolio St. Louis, MO 14,48214.5k $1.3m $1.3m 0.39% New
87 Evolution Wealth Advisors, LLC 0.25% of their portfolio AVENTURA, FL 13,54513.5k $1.2m $1.2m 0.25% Unchanged
88 Stegent Equity Advisors, Inc. 1.40% of their portfolio HOUSTON, TX 12,87412.9k $1.2m $1.2m 1.40% Added +2.8k +2,759
89 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 12,65612.7k $1.2m $1.2m 0.00% Added +3.7k +3,731
90 Capital Advisors, Ltd. LLC 0.16% of their portfolio SHAKER HEIGHTS, OH 12,50512.5k $1.2m $1.2m 0.16% Added +679 +679
91 Carr Financial Group Corp 0.41% of their portfolio WORCESTER, MA 12,15212.2k $1.1m $1.1m 0.41% Reduced -938 -938
92 Wambolt & Associates, LLC 0.36% of their portfolio LITTLETON, CO 11,88511.9k $1.1m $1.1m 0.36% Added +3.8k +3,833
93 PRINCIPAL SECURITIES, INC. 0.04% of their portfolio DES MOINES, IA 11,43711.4k $1.1m $1.1m 0.04% First filing
94 Guardian Asset Advisors, LLC 0.99% of their portfolio MECHANICSBURG, PA 11,39911.4k $1.1m $1.1m 0.99% First filing
95 Wealthcare Advisory Partners LLC 0.04% of their portfolio WEST CHESTER, PA 10,74510.7k $990.3k $990.3k 0.04% Reduced -4.3k -4,318
96 TD Waterhouse Canada Inc. 0.01% of their portfolio TORONTO, A6 10,59810.6k $956.2k $956.2k 0.01% Added +3.5k +3,520
97 Sowell Financial Services LLC 0.05% of their portfolio NORTH LITTLE ROCK, AR 10,08110.1k $929.0k $929.0k 0.05% New
98 Prospera Financial Services Inc 0.03% of their portfolio Dallas, TX 9,7259.7k $896.3k $896.3k 0.03% Added +102 +102
99 American Institute for Advanced Investment Management, LLP 0.79% of their portfolio Scottsdale, AZ 9,6809.7k $892.1k $892.1k 0.79% Added +3.6k +3,621
100 SYNOVUS FINANCIAL CORP 0.01% of their portfolio Columbus, GA 9,5419.5k $880.3k $880.3k 0.01% Added +4.2k +4,250