Vault-13

INVESCO EXCHANGE TRADED FD T PPA

AEROSPACE DEFN · ETP · CUSIP 46137V100

403 institutional holders +10 vs Q4 2024
21,574,16321.6m shares reported held*
$2.5bnreported value*
48 new 136 added 135 reduced 34 sold out net bought ≈ $101.9m (+873.5k 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 ≈ $116.60. Options: 2 managers hold calls ($1.6m notional), 2 hold puts ($6.2m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 178Q4 22: 224Q1 23: 237Q2 23: 235Q3 23: 242Q4 23: 286Q1 24: 324Q2 24: 352Q3 24: 367Q4 24: 393Q1 25: 403403Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022178
Q4 2022224
Q1 2023237
Q2 2023235
Q3 2023242
Q4 2023286
Q1 2024324
Q2 2024352
Q3 2024367
Q4 2024393
Q1 2025403

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 23: 111 bought or addedQ2 23: 93 cut or sold outQ3 23: 115 bought or addedQ3 23: 90 cut or sold outQ3 23Q4 23: 162 bought or addedQ4 23: 74 cut or sold outQ1 24: 182 bought or addedQ1 24: 95 cut or sold outQ1 24Q2 24: 192 bought or addedQ2 24: 84 cut or sold outQ3 24: 191 bought or addedQ3 24: 111 cut or sold outQ3 24Q4 24: 211 bought or addedQ4 24: 118 cut or sold outQ1 25: 184 bought or addedQ1 25: 169 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 202311193
Q3 202311590
Q4 202316274
Q1 202418295
Q2 202419284
Q3 2024191111
Q4 2024211118
Q1 2025184169

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ2 24 calls: $1.4mQ2 24 puts: $92.4kQ2 24P/C 0.07Q3 24 calls: $965.7kQ3 24 puts: $321.9kQ3 24P/C 0.33Q4 24 calls: $619.5kQ4 24 puts: $298.3kQ4 24P/C 0.48Q1 25 calls: $1.6mQ1 25 puts: $6.2mQ1 25P/C 3.94
Numbers
QuarterCallsPutsP/C
Q2 2024$1.4m$92.4k0.07
Q3 2024$965.7k$321.9k0.33
Q4 2024$619.5k$298.3k0.48
Q1 2025$1.6m$6.2m3.94

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +1,604,509+1.6m
Kestra Advisory Services, LLC Added +229,345+229.3k
Cetera Investment Advisers Added +39,268+39.3k
JONES FINANCIAL COMPANIES LLLP Added +36,681+36.7k
Penserra Capital Management LLC New +32,819+32.8k
KPP Advisory Services LLC New +31,631+31.6k
Federation des caisses Desjardins du Quebec Added +30,956+31.0k
PRUDENTIAL PLC New +30,400+30.4k
AMERIPRISE FINANCIAL INC Added +29,790+29.8k
J.W. COLE ADVISORS, INC. Added +23,139+23.1k

Biggest sellers

NATIONAL BANK OF CANADA /FI/ Reduced -267,155-267.2k
Summit Trail Advisors, LLC Reduced -209,495-209.5k
Composition Wealth, LLC Reduced -168,706-168.7k
CWM, LLC Reduced -109,026-109.0k
Focus Partners Wealth Reduced -100,033-100.0k
RAYMOND JAMES FINANCIAL INC Reduced -91,457-91.5k
Intellus Advisors LLC Sold out -66,090-66.1k
Janney Montgomery Scott LLC Reduced -63,334-63.3k
Prasad Wealth Partners, LLC Reduced -52,589-52.6k
Cambridge Investment Research Advisors, Inc. Reduced -43,425-43.4k

Biggest calls

CITADEL ADVISORS LLC Added $1.6m13.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Quaker Wealth Management, LLC First filing $6.0m51.4k shares
CITADEL ADVISORS LLC Reduced $198.1k1.7k 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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.08% of their portfolio CHARLOTTE, NC 7,670,2177.7m $894.0m $894.0m 0.08% Added +1.6m +1,604,509
2 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 1,914,8231.9m $223.2m $223.2m 0.02% Reduced -21.7k -21,654
3 LPL Financial LLC 0.07% of their portfolio FORT MILL, SC 1,452,5591.5m $169.3m $169.3m 0.07% Added +17.9k +17,921
4 UBS Group AG 0.02% of their portfolio ZURICH, V8 759,783759.8k $88.6m $88.6m 0.02% Added +6.5k +6,532
5 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 615,941615.9k $71.8m $71.8m 0.02% Added +11.7k +11,682
6 HighTower Advisors, LLC 0.08% of their portfolio CHICAGO, IL 499,414499.4k $58.2m $58.2m 0.08% Added +3.1k +3,150
7 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 458,084458.1k $53.4m $53.4m 0.02% Reduced -91.5k -91,457
8 Composition Wealth, LLC 0.85% of their portfolio LOS ANGELES, CA 365,095365.1k $42.6m $42.6m 0.85% Reduced -168.7k -168,706
9 Capital Asset Advisory Services LLC 2.10% of their portfolio Williamston, MI 347,578347.6k $41.3m $41.3m 2.10% Reduced -125 -125
10 AXXCESS WEALTH MANAGEMENT, LLC 1.10% of their portfolio CARLSBAD, CA 346,766346.8k $40.4m $40.4m 1.10% Reduced -135 -135
11 Summit Trail Advisors, LLC 1.26% of their portfolio NEW YORK, NY 329,009329.0k $38.3m $38.3m 1.26% Reduced -209.5k -209,495
12 MAI Capital Management 0.28% of their portfolio INDEPENDENCE, OH 312,953313.0k $36.5m $36.5m 0.28% Reduced -21.1k -21,076
13 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 302,384302.4k $35.2m $35.2m 0.01% Added +29.8k +29,790
14 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 279,660279.7k $32.6m $32.6m 0.06% Added +39.3k +39,268
15 Kestra Advisory Services, LLC 0.15% of their portfolio AUSTIN, TX 270,057270.1k $31.5m $31.5m 0.15% Added +229.3k +229,345
16 MEITAV INVESTMENT HOUSE LTD 0.58% of their portfolio BENE-BERAQ, L3 269,846269.8k $31.5m $31.5m 0.58% Reduced -17.0k -17,037
17 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 184,128184.1k $21.5m $21.5m 0.05% Reduced -11.8k -11,833
18 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 175,903175.9k $20.5m $20.5m 0.00% Added +14.4k +14,386
19 Cambridge Investment Research Advisors, Inc. 0.07% of their portfolio FAIRFIELD, IA 169,620169.6k $19.8m $19.8m 0.07% Reduced -43.4k -43,425
20 Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD 1.58% of their portfolio Tel Aviv, L3 166,184166.2k $19.4m $19.4m 1.58% Unchanged
21 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 142,031142.0k $16.6m $16.6m 0.01% Added +3.0k +2,984
22 SEARCY FINANCIAL SERVICES INC /ADV 6.47% of their portfolio OVERLAND PARK, KS 128,355128.4k $15.0m $15.0m 6.47% Added +140 +140
23 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 123,376123.4k $14.4m $14.4m 0.02% Reduced -11.8k -11,835
24 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 122,400122.4k $14.3m $14.3m 0.02% Added +18.9k +18,893
25 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 113,901113.9k $13.3m $13.3m 0.02% Reduced -2.4k -2,429
26 Focus Partners Wealth 0.03% of their portfolio ST LOUIS, MO 101,765101.8k $11.9m $11.9m 0.03% Reduced -100.0k -100,033
27 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 97,95698.0k $11.4m $11.4m 0.04% Added +5.7k +5,655
28 INVESTMENT MANAGEMENT CORP /VA/ /ADV 9.35% of their portfolio ROANOKE, VA 89,01789.0k $10.4m $10.4m 9.35% Reduced -334 -334
29 Presidio Capital Management, LLC 4.30% of their portfolio SAN DIEGO, CA 88,42388.4k $10.3m $10.3m 4.30% Added +2.2k +2,156
30 Northeast Financial Consultants Inc 0.43% of their portfolio WESTPORT, CT 83,81883.8k $9.8m $9.8m 0.43% Added +44 +44
31 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 79,66879.7k $9.3m $9.3m 0.01% Added +36.7k +36,681
32 Private Advisor Group, LLC 0.05% of their portfolio MORRISTOWN, NJ 77,89977.9k $9.1m $9.1m 0.05% Reduced -3.1k -3,092
33 Perigon Wealth Management, LLC 0.23% of their portfolio SAN FRANCISCO, CA 76,96877.0k $9.0m $9.0m 0.23% Reduced -542 -542
34 ADAPT WEALTH ADVISORS, LLC 4.08% of their portfolio ATLANTA, GA 71,82871.8k $8.4m $8.4m 4.08% Added +9.2k +9,160
35 Madrid Financial Services 5.99% of their portfolio MANHATTAN BEACH, CA 70,53570.5k $8.2m $8.2m 5.99% Reduced -8.5k -8,489
36 Hollow Brook Wealth Management LLC 2.34% of their portfolio Katonah, NY 68,15368.2k $7.9m $7.9m 2.34% Reduced -1.6k -1,579
37 VALLEY WEALTH MANAGERS, INC. 0.54% of their portfolio PARAMUS, NJ 61,33461.3k $7.1m $7.1m 0.54% Reduced -31.5k -31,538
38 Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD 1.78% of their portfolio Tel Aviv, L3 61,16561.2k $7.1m $7.1m 1.78% Unchanged
39 BECK CAPITAL MANAGEMENT, LLC 2.06% of their portfolio AUSTIN, TX 60,16060.2k $7.0m $7.0m 2.06% Reduced -1.3k -1,280
40 Beacon Pointe Advisors, LLC 0.08% of their portfolio NEWPORT BEACH, CA 60,11360.1k $7.0m $7.0m 0.08% Added +4.6k +4,586
41 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 56,37756.4k $6.6m $6.6m 0.01% Reduced -1.1k -1,076
42 Uniting Wealth Partners, LLC 3.21% of their portfolio DENVER, CO 55,02455.0k $6.4m $6.4m 3.21% Reduced -349 -349
43 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 53,49553.5k $6.2m $6.2m 0.01% Added +5.7k +5,731
44 Prosperity Consulting Group, LLC 0.47% of their portfolio OWINGS MILLS, MD 52,15452.2k $6.1m $6.1m 0.47% Added +1.3k +1,341
45 J.W. COLE ADVISORS, INC. 0.19% of their portfolio TAMPA, FL 51,78651.8k $6.0m $6.0m 0.19% Added +23.1k +23,139
46 Steward Partners Investment Advisory, LLC 0.05% of their portfolio STAMFORD, CT 51,47451.5k $6.0m $6.0m 0.05% Added +29 +29
47 Equitable Holdings, Inc. 0.06% of their portfolio NEW YORK, NY 49,83149.8k $5.8m $5.8m 0.06% Added +12.3k +12,331
48 Permanent Capital Management, LP 1.63% of their portfolio CHICAGO, IL 48,91348.9k $5.7m $5.7m 1.63% Reduced -9.2k -9,218
49 WT Wealth Management 1.76% of their portfolio SCOTTSDALE, AZ 46,43746.4k $5.4m $5.4m 1.76% Added +9.4k +9,361
50 CMH Wealth Management LLC 1.32% of their portfolio PORTSMOUTH, NH 45,11545.1k $5.3m $5.3m 1.32% Added +2.2k +2,221
51 Belpointe Asset Management LLC 0.27% of their portfolio RENO, NV 44,75944.8k $5.2m $5.2m 0.27% Added +10.4k +10,365
52 New England Private Wealth Advisors LLC 0.73% of their portfolio WELLESLEY, MA 40,62540.6k $4.7m $4.7m 0.73% Reduced -4 -4
53 CASTLE WEALTH MANAGEMENT LLC 1.81% of their portfolio BOYNTON BEACH, FL 39,64539.6k $4.6m $4.6m 1.81% Added +786 +786
54 Lindbrook Capital, LLC 0.38% of their portfolio CALABASAS, CA 35,24435.2k $4.1m $4.1m 0.38% Added +604 +604
55 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 34,07434.1k $4.0m $4.0m 0.00% Added +9.3k +9,333
56 Penserra Capital Management LLC 0.07% of their portfolio ORINDA, CA 32,81932.8k $3.8m $3.8m 0.07% New
57 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 32,60432.6k $3.8m $3.8m 0.01% Reduced -3.8k -3,759
58 KPP Advisory Services LLC 0.70% of their portfolio Louisville, KY 31,63131.6k $3.7m $3.7m 0.70% New
59 Federation des caisses Desjardins du Quebec 0.02% of their portfolio LEVIS, A8 31,30631.3k $3.6m $3.6m 0.02% Added +31.0k +30,956
60 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 30,87430.9k $3.6m $3.6m 0.00% Added +20.9k +20,869
61 PRUDENTIAL PLC 0.02% of their portfolio LONDON, X0 30,40030.4k $3.5m $3.5m 0.02% New
62 Atria Wealth Solutions, Inc. 0.04% of their portfolio NEW YORK, NY 29,46629.5k $3.4m $3.4m 0.04% Reduced -1.2k -1,235
63 Pacific Sun Financial Corp 1.93% of their portfolio LOS ANGELES, CA 29,11529.1k $3.4m $3.4m 1.93% Added +576 +576
64 CREATIVE FINANCIAL DESIGNS INC /ADV 0.27% of their portfolio KOKOMO, IN 28,61528.6k $3.3m $3.3m 0.27% Added +560 +560
65 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 28,33328.3k $3.3m $3.3m 0.01% Reduced -63.3k -63,334
66 Riggs Asset Managment Co. Inc. 0.94% of their portfolio DALLAS, PA 28,28528.3k $3.3m $3.3m 0.94% Added +588 +588
67 ORLEANS CAPITAL MANAGEMENT CORP/LA 1.87% of their portfolio MANDEVILLE, LA 27,34527.3k $3.2m $3.2m 1.87% Added +19 +19
68 WEDBUSH SECURITIES INC 0.11% of their portfolio PASADENA, CA 26,72726.7k $3.1m $3.1m 0.11% Reduced -104 -104
69 Financial Partners Group, Inc 0.45% of their portfolio Overland Park, KS 25,28025.3k $2.9m $2.9m 0.45% Reduced -1.0k -1,006
70 Veltria Advisors Corp. 1.90% of their portfolio MIAMI, FL 25,06325.1k $2.9m $2.9m 1.90% Unchanged
71 Orion Portfolio Solutions, LLC 0.01% of their portfolio Omaha, NE 24,67324.7k $2.9m $2.9m 0.01% Added +11.7k +11,749
72 Spectrum Strategic Capital Management, LLC 1.86% of their portfolio CORVALLIS, OR 24,25524.3k $2.8m $2.8m 1.86% Reduced -281 -281
73 Diversified Enterprises, LLC 0.24% of their portfolio Wilmington, DE 24,23924.2k $2.8m $2.8m 0.24% Reduced -141 -141
74 PARK AVENUE SECURITIES LLC 0.03% of their portfolio NEW YORK, NY 23,43523.4k $2.7m $2.7m 0.03% Added +15.3k +15,287
75 Golden State Wealth Management, LLC 0.41% of their portfolio SANTA ANA, CA 23,40823.4k $2.7m $2.7m 0.41% Added +956 +956
76 IHT Wealth Management, LLC 0.09% of their portfolio Chicago, IL 23,39923.4k $2.7m $2.7m 0.09% Reduced -916 -916
77 Capital Advisors, Ltd. LLC 0.35% of their portfolio SHAKER HEIGHTS, OH 22,86522.9k $2.7m $2.7m 0.35% Added +2.4k +2,383
78 GREAT VALLEY ADVISOR GROUP, INC. 0.05% of their portfolio WILMINGTON, DE 21,22921.2k $2.5m $2.5m 0.05% Reduced -250 -250
79 Brevan Howard Capital Management LP 0.07% of their portfolio ST. HELIER, Y9 20,62120.6k $2.4m $2.4m 0.07% New
80 StoneX Group Inc. 0.13% of their portfolio NEW YORK, NY 20,33520.3k $2.4m $2.4m 0.13% Added +5.0k +5,000
81 HARBOUR INVESTMENTS, INC. 0.07% of their portfolio MADISON, WI 19,75419.8k $2.3m $2.3m 0.07% Added +189 +189
82 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 19,42319.4k $2.3m $2.3m 0.01% Reduced -323 -323
83 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 19,15719.2k $2.2m $2.2m 0.00% Added +7.5k +7,471
84 Bleakley Financial Group, LLC 0.07% of their portfolio PARSIPPANY, NJ 19,09019.1k $2.2m $2.2m 0.07% New
85 SYNOVUS FINANCIAL CORP 0.03% of their portfolio Columbus, GA 18,43518.4k $2.1m $2.1m 0.03% Added +782 +782
86 Quantinno Capital Management LP 0.01% of their portfolio NEW YORK, NY 18,17118.2k $2.1m $2.1m 0.01% Added +3.9k +3,903
87 DAVENPORT & Co LLC 0.01% of their portfolio RICHMOND, VA 18,08118.1k $2.1m $2.1m 0.01% Reduced -215 -215
88 OPPENHEIMER & CO INC 0.03% of their portfolio NEW YORK, NY 18,04318.0k $2.1m $2.1m 0.03% Reduced -14.2k -14,249
89 PRINCIPAL SECURITIES, INC. 0.04% of their portfolio DES MOINES, IA 17,49217.5k $2.0m $2.0m 0.04% Unchanged
90 Prospera Financial Services Inc 0.05% of their portfolio Dallas, TX 17,44317.4k $2.0m $2.0m 0.05% Added +2.8k +2,820
91 Integrated Wealth Concepts LLC 0.02% of their portfolio WALTHAM, MA 17,35917.4k $2.0m $2.0m 0.02% Added +6.1k +6,149
92 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 16,62516.6k $1.9m $1.9m 0.00% Added +641 +641
93 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 16,55016.6k $1.9m $1.9m 0.00% Added +9.8k +9,842
94 Ellis Investment Partners, LLC 0.39% of their portfolio Berwyn, PA 15,98016.0k $1.9m $1.9m 0.39% Reduced -371 -371
95 Merit Financial Group, LLC 0.03% of their portfolio ALPHARETTA, GA 15,54215.5k $1.8m $1.8m 0.03% Added +2.5k +2,483
96 Focus Financial Network, Inc. 0.07% of their portfolio MINNEAPOLIS, MN 15,38515.4k $1.8m $1.8m 0.07% Added +2.3k +2,324
97 GUARDIAN WEALTH ADVISORS, LLC / NC 0.14% of their portfolio RALEIGH, NC 15,32615.3k $1.8m $1.8m 0.14% Added +146 +146
98 Nova Wealth Management, Inc. 0.77% of their portfolio BONITA SPRINGS, FL 15,32015.3k $1.8m $1.8m 0.77% Added +8.2k +8,155
99 American Institute for Advanced Investment Management, LLP 1.33% of their portfolio Scottsdale, AZ 14,99315.0k $1.7m $1.7m 1.33% Added +452 +452
100 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 14,97915.0k $1.7m $1.7m 0.01% Reduced -2.0k -1,987