Vault-13

INVESCO EXCHANGE TRADED FD T PPA

AEROSPACE DEFN · ETP · CUSIP 46137V100

577 institutional holders +6 vs Q1 2026
25,686,66825.7m shares reported held*
$4.5bnreported value*
52 new 230 added 160 reduced 45 sold out net bought ≈ $142.4m (+800.0k 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 ($623.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $176.73. Options: 3 managers hold calls ($2.3m notional), 2 hold puts ($1.3m).

Trends to Q2 2026

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: 403Q2 25: 431Q3 25: 448Q4 25: 517Q1 26: 571Q2 26: 577577Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022178
Q4 2022224
Q1 2023237
Q2 2023235
Q3 2023242
Q4 2023286
Q1 2024324
Q2 2024352
Q3 2024367
Q4 2024393
Q1 2025403
Q2 2025431
Q3 2025448
Q4 2025517
Q1 2026571
Q2 2026577

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 24: 191 bought or addedQ3 24: 111 cut or sold outQ4 24: 211 bought or addedQ4 24: 118 cut or sold outQ4 24Q1 25: 184 bought or addedQ1 25: 169 cut or sold outQ2 25: 233 bought or addedQ2 25: 142 cut or sold outQ2 25Q3 25: 256 bought or addedQ3 25: 140 cut or sold outQ4 25: 253 bought or addedQ4 25: 131 cut or sold outQ4 25Q1 26: 326 bought or addedQ1 26: 150 cut or sold outQ2 26: 282 bought or addedQ2 26: 205 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024191111
Q4 2024211118
Q1 2025184169
Q2 2025233142
Q3 2025256140
Q4 2025253131
Q1 2026326150
Q2 2026282205

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ3 25 calls: $1.5mQ3 25 puts: $1.5mQ3 25P/C 1.03Q4 25 calls: $1.0mQ4 25 puts: $1.1mQ4 25P/C 1.06Q1 26 calls: $1.9mQ1 26 puts: $3.2mQ1 26P/C 1.69Q2 26 calls: $2.3mQ2 26 puts: $1.3mQ2 26P/C 0.56
Numbers
QuarterCallsPutsP/C
Q3 2025$1.5m$1.5m1.03
Q4 2025$1.0m$1.1m1.06
Q1 2026$1.9m$3.2m1.69
Q2 2026$2.3m$1.3m0.56

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +348,807+348.8k
AXXCESS WEALTH MANAGEMENT, LLC New +336,790+336.8k
Cambridge Investment Research Advisors, Inc. Added +142,092+142.1k
AMERIPRISE FINANCIAL INC Added +99,958+100.0k
BNP PARIBAS FINANCIAL MARKETS Added +79,990+80.0k
Modern Wealth Management, LLC Added +70,966+71.0k
MORGAN STANLEY Added +67,030+67.0k
RAYMOND JAMES FINANCIAL INC Added +66,418+66.4k
MML INVESTORS SERVICES, LLC Added +64,451+64.5k
JONES FINANCIAL COMPANIES LLLP Added +36,674+36.7k

Biggest sellers

Composition Wealth, LLC Reduced -270,495-270.5k
MAINSTAY CAPITAL MANAGEMENT LLC /ADV Sold out -156,035-156.0k
ACORN FINANCIAL ADVISORY SERVICES INC /ADV Reduced -78,226-78.2k
Mivtachim The Workers Social Insurance Fund Ltd. (Under Special Management) Sold out -72,000-72.0k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -70,187-70.2k
Quaker Wealth Management, LLC Reduced -46,507-46.5k
Private Advisor Group, LLC Reduced -40,295-40.3k
INVESTMENT MANAGEMENT CORP /VA/ /ADV Reduced -38,481-38.5k
NORDEN GROUP LLC Sold out -35,655-35.7k
Penserra Capital Management LLC Sold out -20,893-20.9k

Biggest calls

CITADEL ADVISORS LLC Added $1.9m10.7k shares
Belvedere Trading LLC Reduced $335.6k1.9k shares
GROUP ONE TRADING LLC Added $70.7k400 shares

Biggest puts

CITADEL ADVISORS LLC Added $936.2k5.3k shares
Belvedere Trading LLC Reduced $353.3k2.0k 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, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.09% of their portfolio CHARLOTTE, NC 7,767,6397.8m $1.4bn $1.4bn 0.09% Added +348.8k +348,807
2 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 2,235,3012.2m $394.9m $394.9m 0.02% Added +67.0k +67,030
3 LPL Financial LLC 0.08% of their portfolio FORT MILL, SC 1,960,6172.0m $346.3m $346.3m 0.08% Reduced -6.2k -6,243
4 UBS Group AG 0.02% of their portfolio ZURICH, V8 798,868798.9k $141.1m $141.1m 0.02% Reduced -12.3k -12,279
5 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 749,896749.9k $132.5m $132.5m 0.02% Added +12.9k +12,924
6 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 657,165657.2k $115.8m $115.8m 0.02% Added +100.0k +99,958
7 RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio ST. PETERSBURG, FL 594,361594.4k $105.0m $105.0m 0.03% Added +66.4k +66,418
8 HighTower Advisors, LLC 0.08% of their portfolio CHICAGO, IL 480,274480.3k $84.8m $84.8m 0.08% Reduced -11.1k -11,055
9 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 368,675368.7k $65.1m $65.1m 0.06% Added +16.1k +16,148
10 Capital Asset Advisory Services LLC 2.18% of their portfolio Williamston, MI 340,582340.6k $60.2m $60.2m 2.18% Added +15.2k +15,240
11 AXXCESS WEALTH MANAGEMENT, LLC 0.95% of their portfolio CARLSBAD, CA 336,790336.8k $59.5m $59.5m 0.95% New
12 Cambridge Investment Research Advisors, Inc. 0.07% of their portfolio FAIRFIELD, IA 331,482331.5k $58.6m $58.6m 0.07% Added +142.1k +142,092
13 Summit Trail Advisors, LLC 0.73% of their portfolio NEW YORK, NY 329,916329.9k $58.3m $58.3m 0.73% Reduced -2.7k -2,716
14 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 284,558284.6k $50.3m $50.3m 0.06% Added +17.8k +17,804
15 JONES FINANCIAL COMPANIES LLLP 0.02% of their portfolio DES PERES, MO 265,171265.2k $45.5m $45.5m 0.02% Added +36.7k +36,674
16 MEITAV INVESTMENT HOUSE LTD 0.31% of their portfolio BENE-BERAQ, L3 256,977257.0k $45.4m $45.4m 0.31% Reduced -18.5k -18,503
17 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 241,110241.1k $42.6m $42.6m 0.01% Added +20.1k +20,102
18 MAI Capital Management 0.14% of their portfolio INDEPENDENCE, OH 213,597213.6k $37.7m $37.7m 0.14% Reduced -2.6k -2,634
19 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 210,373210.4k $37.2m $37.2m 0.05% Added +6.7k +6,653
20 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 205,124205.1k $36.2m $36.2m 0.01% Added +4.2k +4,157
21 Modern Wealth Management, LLC 0.41% of their portfolio KANSAS CITY, MO 196,588196.6k $34.7m $34.7m 0.41% Added +71.0k +70,966
22 MML INVESTORS SERVICES, LLC 0.07% of their portfolio SPRINGFIELD, MA 193,028193.0k $34.1m $34.1m 0.07% Added +64.5k +64,451
23 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 167,452167.5k $29.6m $29.6m 0.04% Added +3.1k +3,138
24 Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD 1.21% of their portfolio Tel Aviv, L3 166,184166.2k $29.4m $29.4m 1.21% Unchanged
25 Kestra Advisory Services, LLC 0.09% of their portfolio AUSTIN, TX 164,204164.2k $29.0m $29.0m 0.09% Added +10.5k +10,477
26 Equitable Holdings, Inc. 0.15% of their portfolio NEW YORK, NY 141,541141.5k $25.0m $25.0m 0.15% Added +12.9k +12,916
27 Janney Montgomery Scott LLC 0.05% of their portfolio PHILADELPHIA, PA 140,041140.0k $24.7m $24.7m 0.05% Added +28.2k +28,229
28 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 136,776136.8k $24.2m $24.2m 0.02% Reduced -3.9k -3,937
29 Beacon Pointe Advisors, LLC 0.11% of their portfolio NEWPORT BEACH, CA 130,700130.7k $23.1m $23.1m 0.11% Added +16.5k +16,483
30 Composition Wealth, LLC 0.27% of their portfolio LOS ANGELES, CA 129,192129.2k $22.8m $22.8m 0.27% Reduced -270.5k -270,495
31 Focus Partners Wealth 0.02% of their portfolio ST LOUIS, MO 122,237122.2k $21.6m $21.6m 0.02% Added +5.0k +5,010
32 IHT Wealth Management, LLC 0.45% of their portfolio Chicago, IL 117,811117.8k $20.8m $20.8m 0.45% Added +26.6k +26,643
33 Presidio Capital Management, LLC 5.19% of their portfolio SAN DIEGO, CA 117,602117.6k $20.8m $20.8m 5.19% Added +32.2k +32,166
34 Corient Private Wealth LP 0.03% of their portfolio MIAMI, FL 106,281106.3k $18.8m $18.8m 0.03% Added +1.1k +1,063
35 SEARCY FINANCIAL SERVICES INC /ADV 6.21% of their portfolio OVERLAND PARK, KS 104,831104.8k $18.5m $18.5m 6.21% Reduced -1.0k -1,044
36 J.W. COLE ADVISORS, INC. 0.30% of their portfolio TAMPA, FL 99,50499.5k $17.6m $17.6m 0.30% Added +4.4k +4,440
37 ASSETMARK, INC 0.03% of their portfolio CONCORD, CA 90,93890.9k $16.1m $16.1m 0.03% Added +22.0k +21,964
38 EFG International AG 0.28% of their portfolio Zurich, V8 85,91885.9k $15.2m $15.2m 0.28% Unchanged
39 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 83,26483.3k $14.7m $14.7m 0.00% Added +38 +38
40 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 80,00580.0k $14.1m $14.1m 0.01% Added +80.0k +79,990
41 Private Advisor Group, LLC 0.06% of their portfolio MORRISTOWN, NJ 75,10675.1k $13.3m $13.3m 0.06% Reduced -40.3k -40,295
42 Perigon Wealth Management, LLC 0.21% of their portfolio SAN FRANCISCO, CA 75,03275.0k $13.3m $13.3m 0.21% Reduced -456 -456
43 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 74,04174.0k $13.1m $13.1m 0.01% Reduced -70.2k -70,187
44 VALLEY WEALTH MANAGERS, INC. 0.75% of their portfolio PARAMUS, NJ 73,62273.6k $13.0m $13.0m 0.75% Added +3.1k +3,119
45 ADAPT WEALTH ADVISORS, LLC 4.09% of their portfolio ATLANTA, GA 70,75370.8k $12.5m $12.5m 4.09% Reduced -210 -210
46 Hollow Brook Wealth Management LLC 2.24% of their portfolio Katonah, NY 63,63563.6k $11.2m $11.2m 2.24% Added +64 +64
47 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 61,77061.8k $10.7m $10.7m 0.00% Added +11.3k +11,346
48 Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD 1.34% of their portfolio Tel Aviv, L3 61,16561.2k $10.8m $10.8m 1.34% Unchanged
49 Steward Partners Investment Advisory, LLC 0.05% of their portfolio STAMFORD, CT 60,66960.7k $10.7m $10.7m 0.05% Reduced -1.1k -1,125
50 Pachira Investments Inc. 3.98% of their portfolio DANA POINT, CA 59,74859.7k $10.6m $10.6m 3.98% Added +16.7k +16,706
51 NewEdge Advisors, LLC 0.03% of their portfolio NEW ORLEANS, LA 59,74559.7k $10.6m $10.6m 0.03% Added +6.9k +6,925
52 Prosperity Consulting Group, LLC 0.40% of their portfolio OWINGS MILLS, MD 59,53859.5k $10.5m $10.5m 0.40% Reduced -785 -785
53 Madrid Financial Services 5.21% of their portfolio MANHATTAN BEACH, CA 55,69155.7k $9.8m $9.8m 5.21% Added +4.1k +4,081
54 Detalus Advisors, LLC 1.77% of their portfolio ST. LOUIS, MO 51,50751.5k $9.1m $9.1m 1.77% Added +8.2k +8,241
55 KPP Advisory Services LLC 1.14% of their portfolio Louisville, KY 50,96551.0k $9.0m $9.0m 1.14% Added +7.1k +7,077
56 INVESTMENT MANAGEMENT CORP /VA/ /ADV 7.27% of their portfolio ROANOKE, VA 49,29549.3k $8.7m $8.7m 7.27% Reduced -38.5k -38,481
57 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 44,22144.2k $7.8m $7.8m 0.01% Reduced -3.4k -3,353
58 RM Financial Services, LLC 5.66% of their portfolio FALMOUTH, ME 43,11743.1k $7.6m $7.6m 5.66% Added +7.5k +7,543
59 CMH Wealth Management LLC 1.16% of their portfolio PORTSMOUTH, NH 43,04543.0k $7.6m $7.6m 1.16% Added +1.5k +1,507
60 Federation des caisses Desjardins du Quebec 0.02% of their portfolio LEVIS, A8 41,82341.8k $7.4m $7.4m 0.02% Added +392 +392
61 Artesa Financial Group, LLC 6.30% of their portfolio CONROE, TX 41,75941.8k $7.4m $7.4m 6.30% Added +382 +382
62 WEDBUSH SECURITIES INC 0.19% of their portfolio PASADENA, CA 40,84040.8k $7.2m $7.2m 0.19% Reduced -1.0k -1,018
63 Uniting Wealth Partners, LLC 1.44% of their portfolio DENVER, CO 40,28340.3k $7.1m $7.1m 1.44% Reduced -696 -696
64 BECK CAPITAL MANAGEMENT, LLC 1.29% of their portfolio AUSTIN, TX 39,62739.6k $7.0m $7.0m 1.29% Reduced -144 -144
65 Belpointe Asset Management LLC 0.22% of their portfolio RENO, NV 38,63138.6k $6.8m $6.8m 0.22% Reduced -1.8k -1,782
66 New England Private Wealth Advisors LLC 0.65% of their portfolio WELLESLEY, MA 38,59238.6k $6.8m $6.8m 0.65% Reduced -3.4k -3,386
67 Kovack Advisors, Inc. 0.32% of their portfolio FT. LAUDERDALE, FL 37,60037.6k $6.6m $6.6m 0.32% Reduced -5.0k -5,046
68 SageGuard Financial Group, LLC 0.91% of their portfolio GOODLETTSVILLE, TN 36,51536.5k $6.5m $6.5m 0.91% Reduced -7.1k -7,071
69 CASTLE WEALTH MANAGEMENT LLC 1.89% of their portfolio BOYNTON BEACH, FL 36,15636.2k $6.4m $6.4m 1.89% Added +1.2k +1,224
70 WT Wealth Management 1.76% of their portfolio SCOTTSDALE, AZ 35,96336.0k $6.4m $6.4m 1.76% Added +4.3k +4,338
71 GREAT VALLEY ADVISOR GROUP, INC. 0.10% of their portfolio WILMINGTON, DE 34,40134.4k $6.1m $6.1m 0.10% Reduced -74 -74
72 Sowell Financial Services LLC 0.19% of their portfolio NORTH LITTLE ROCK, AR 33,23233.2k $5.9m $5.9m 0.19% Added +2.1k +2,096
73 Financial Partners Group, Inc 0.59% of their portfolio Overland Park, KS 33,09133.1k $5.8m $5.8m 0.59% Reduced -1.5k -1,505
74 FLAGSHIP HARBOR ADVISORS, LLC 0.22% of their portfolio BOSTON, MA 32,69032.7k $5.8m $5.8m 0.22% Reduced -1.8k -1,758
75 CREATIVE FINANCIAL DESIGNS INC /ADV 0.27% of their portfolio KOKOMO, IN 32,37232.4k $5.7m $5.7m 0.27% Added +3.1k +3,052
76 HARBOUR INVESTMENTS, INC. 0.08% of their portfolio MADISON, WI 31,92131.9k $5.6m $5.6m 0.08% Added +1.5k +1,502
77 Pacific Sun Financial Corp 2.24% of their portfolio LOS ANGELES, CA 30,78730.8k $5.4m $5.4m 2.24% Added +1.3k +1,303
78 Waterloo Capital, L.P. 0.30% of their portfolio AUSTIN, TX 30,56430.6k $5.4m $5.4m 0.30% Added +5.3k +5,254
79 PARK AVENUE SECURITIES LLC 0.03% of their portfolio NEW YORK, NY 29,82929.8k $5.3m $5.3m 0.03% Added +5.7k +5,707
80 Henson-Edgewater Management, LLC 2.82% of their portfolio AVON, OH 29,38029.4k $5.4m $5.4m 2.82% Reduced -230 -230
81 StoneX Group Inc. 0.21% of their portfolio NEW YORK, NY 29,23729.2k $5.2m $5.2m 0.21% Reduced -3.3k -3,259
82 McNaughton Wealth Management, LLC 1.82% of their portfolio SAN DIEGO, CA 28,93828.9k $5.1m $5.1m 1.82% Added +4.1k +4,145
83 Brookstone Capital Management 0.05% of their portfolio WHEATON, IL 28,76428.8k $5.1m $5.1m 0.05% Reduced -729 -729
84 FISCHER INVESTMENT STRATEGIES, LLC 2.39% of their portfolio Westlake Village, CA 28,40228.4k $5.0m $5.0m 2.39% Reduced -4.7k -4,725
85 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 28,18028.2k $5.0m $5.0m 0.00% Added +22.5k +22,526
86 JUNCTURE WEALTH STRATEGIES, LLC 1.28% of their portfolio SCOTTSDALE, AZ 27,88127.9k $4.9m $4.9m 1.28% Added +2.3k +2,337
87 Capital Advisors, Ltd. LLC 0.49% of their portfolio SHAKER HEIGHTS, OH 27,67827.7k $4.9m $4.9m 0.49% Added +1.4k +1,411
88 LexAurum Advisors, LLC 0.54% of their portfolio OVERLAND PARK, KS 26,63626.6k $4.7m $4.7m 0.54% Added +24.7k +24,668
89 Merit Financial Group, LLC 0.03% of their portfolio ALPHARETTA, GA 25,83625.8k $4.6m $4.6m 0.03% Added +1.6k +1,579
90 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 25,27025.3k $4.5m $4.5m 0.00% Reduced -9.6k -9,609
91 Harbour Wealth Management Group, Inc. 2.98% of their portfolio DANIEL ISLAND, SC 24,97925.0k $4.4m $4.4m 2.98% Added +5.1k +5,083
92 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 24,32424.3k $4.3m $4.3m 0.01% Added +730 +730
93 OPPENHEIMER & CO INC 0.05% of their portfolio NEW YORK, NY 24,31924.3k $4.3m $4.3m 0.05% Added +7.6k +7,628
94 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 24,12524.1k $4.3m $4.3m 0.01% Reduced -6.6k -6,620
95 Diversified Enterprises, LLC 0.20% of their portfolio Wilmington, DE 23,87023.9k $4.2m $4.2m 0.20% Reduced -113 -113
96 Riggs Asset Managment Co. Inc. 0.75% of their portfolio DALLAS, PA 23,82723.8k $4.2m $4.2m 0.75% Added +458 +458
97 Golden State Wealth Management, LLC 0.38% of their portfolio SANTA ANA, CA 23,72323.7k $4.2m $4.2m 0.38% Reduced -623 -623
98 &PARTNERS 0.02% of their portfolio NASHVILLE, TN 23,64623.6k $4.2m $4.2m 0.02% Added +3.4k +3,425
99 Prospera Financial Services Inc 0.06% of their portfolio Dallas, TX 23,36723.4k $4.1m $4.1m 0.06% Added +356 +356
100 Green Ridge Wealth Planning LLC 1.70% of their portfolio MONTVILLE, NJ 22,81722.8k $4.0m $4.0m 1.70% Reduced -6.4k -6,369