Vault-13

INVESCO EXCHANGE TRADED FD T RZV

S&P SML600 VAL · ETP · CUSIP 46137V167

61 institutional holders -15 vs Q1 2023
1,313,9561.3m shares reported held*
$122.3mreported value*
3 new 24 added 22 reduced 18 sold out net sold ≈ $70.7m (-756.1k 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 ≈ $93.09.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 56Q4 22: 66Q1 23: 76Q2 23: 6161Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202256
Q4 202266
Q1 202376
Q2 202361

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q4 22: 36 bought or addedQ4 22: 25 cut or sold outQ4 22Q1 23: 45 bought or addedQ1 23: 19 cut or sold outQ1 23Q2 23: 27 bought or addedQ2 23: 40 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20223625
Q1 20234519
Q2 20232740

Calls vs puts

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

CallsPuts
$0$50k$100k$150k$200kQ3 22 calls: $0Q3 22 puts: $0Q3 22P/C —Q4 22 calls: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $154.2kQ1 23 puts: $72.5kQ1 23P/C 0.47Q2 23 calls: $0Q2 23 puts: $0Q2 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$0$0—
Q1 2023$154.2k$72.5k0.47
Q2 2023$0$0—

Biggest buyers

Merit Financial Group, LLC Added +16,067+16.1k
Wealthcare Advisory Partners LLC Added +12,990+13.0k
CITADEL ADVISORS LLC Added +12,942+12.9k
IMC-Chicago, LLC Added +10,268+10.3k
TWO SIGMA INVESTMENTS, LP New +3,400+3.4k
THEORY FINANCIAL LLC Added +3,324+3.3k
Stratos Wealth Partners, LTD. Added +2,719+2.7k
First Capital Advisors Group, LLC. Added +1,323+1.3k
SkyView Investment Advisors, LLC Added +1,323+1.3k
Twelve Points Wealth Management LLC Added +1,261+1.3k

Biggest sellers

MJP ASSOCIATES INC /ADV Reduced -248,337-248.3k
Fulcrum Equity Management Sold out -105,254-105.3k
ROYAL BANK OF CANADA Reduced -81,591-81.6k
Gladstone Institutional Advisory LLC Sold out -79,926-79.9k
Advisor OS, LLC Sold out -34,718-34.7k
MORGAN STANLEY Reduced -33,139-33.1k
Legacy Capital Group California, Inc. Sold out -31,841-31.8k
Raymond James Financial Services Advisors, Inc. Reduced -28,626-28.6k
UBS Group AG Reduced -28,458-28.5k
LPL Financial LLC Reduced -24,169-24.2k

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Systematic Alpha Investments, LLC 1.39% of their portfolio PRINCETON, NJ 306,488306.5k $28.7m $28.7m 1.39% Unchanged
2 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 108,505108.5k $10.1m $10.1m 0.01% Reduced -24.2k -24,169
3 Armbruster Capital Management, Inc. 2.23% of their portfolio PITTSFORD, NY 97,01297.0k $9.1m $9.1m 2.23% Added +1.1k +1,053
4 AllSquare Wealth Management LLC 4.26% of their portfolio ALBANY, NY 76,14976.1k $6.6m $6.6m 4.26% Added +15 +15
5 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 72,01672.0k $6.7m $6.7m 0.00% Reduced -19.8k -19,792
6 Wealthcare Advisory Partners LLC 0.29% of their portfolio WEST CHESTER, PA 69,15069.2k $6.5m $6.5m 0.29% Added +13.0k +12,990
7 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 49,76349.8k $4.7m $4.7m 0.00% Added +503 +503
8 UBS Group AG 0.00% of their portfolio ZURICH, V8 48,58648.6k $4.5m $4.5m 0.00% Reduced -28.5k -28,458
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 44,48444.5k $4.2m $4.2m 0.00% Reduced -33.1k -33,139
10 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 41,91041.9k $3.9m $3.9m 0.01% Reduced -11.6k -11,617
11 THEORY FINANCIAL LLC 2.22% of their portfolio FORT COLLINS, CO 41,25841.3k $3.9m $3.9m 2.22% Added +3.3k +3,324
12 First Capital Advisors Group, LLC. 1.33% of their portfolio LITTLE SILVER, NJ 27,27427.3k $2.6m $2.6m 1.33% Added +1.3k +1,323
13 SkyView Investment Advisors, LLC 0.64% of their portfolio SHREWSBURY, NJ 27,27427.3k $2.6m $2.6m 0.64% Added +1.3k +1,323
14 NTV Asset Management LLC 0.42% of their portfolio Charleston, WV 25,49625.5k $2.4m $2.4m 0.42% Reduced -2.6k -2,640
15 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 25,34525.3k $2.4m $2.4m 0.00% Reduced -81.6k -81,591
16 IMC-Chicago, LLC 0.08% of their portfolio CHICAGO, IL 25,30825.3k $2.4m $2.4m 0.08% Added +10.3k +10,268
17 Merit Financial Group, LLC 0.07% of their portfolio ALPHARETTA, GA 21,57921.6k $2.0m $2.0m 0.07% Added +16.1k +16,067
18 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 19,74219.7k $1.8m $1.8m 0.00% Reduced -1.7k -1,708
19 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 19,55619.6k $1.8m $1.8m 0.00% Added +12.9k +12,942
20 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 14,17714.2k $1.3m $1.3m 0.01% Added +1 +1
21 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 13,85513.9k $1.3m $1.3m 0.01% Reduced -791 -791
22 Summit Financial Group, Inc. 0.45% of their portfolio MOOREFIELD, WV 12,31512.3k $1.2m $1.2m 0.45% Reduced -455 -455
23 Twelve Points Wealth Management LLC 0.52% of their portfolio CONCORD, MA 10,50210.5k $982.2k $982.2k 0.52% Added +1.3k +1,261
24 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 10,36910.4k $970.0k $970.0k 0.00% Added +665 +665
25 Lester Murray Antman dba SimplyRich 0.29% of their portfolio CARLSBAD, CA 8,7858.8k $821.0k $821.0k 0.29% Reduced -35 -35
26 Stratos Wealth Partners, LTD. 0.02% of their portfolio BEACHWOOD, OH 8,3748.4k $783.3k $783.3k 0.02% Added +2.7k +2,719
27 ONE PLUS ONE WEALTH MANAGEMENT, LLC 0.48% of their portfolio JUPITER, FL 8,0798.1k $755.6k $755.6k 0.48% Added +131 +131
28 Ayalon Insurance Comp Ltd. 0.27% of their portfolio Ramat Gan, L3 7,0237.0k $657.0k $657.0k 0.27% Reduced -182 -182
29 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 6,5016.5k $608.0k $608.0k 0.00% Reduced -214 -214
30 American Institute for Advanced Investment Management, LLP 0.53% of their portfolio Scottsdale, AZ 6,5016.5k $608.0k $608.0k 0.53% Added +348 +348
31 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 6,2456.2k $584.0k $584.0k 0.00% Added +51 +51
32 Cetera Advisors LLC 0.01% of their portfolio DENVER, CO 6,2386.2k $583.4k $583.4k 0.01% Reduced -2.1k -2,092
33 Focus Financial Network, Inc. 0.03% of their portfolio MINNEAPOLIS, MN 5,4395.4k $508.7k $508.7k 0.03% Added +18 +18
34 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 5,0725.1k $474.4k $474.4k 0.00% Reduced -100 -100
35 BENJAMIN F. EDWARDS & COMPANY, INC. 0.02% of their portfolio ST. LOUIS, MO 4,9965.0k $467.0k $467.0k 0.02% Added +671 +671
36 Global Retirement Partners, LLC 0.02% of their portfolio San Rafael, CA 4,5644.6k $426.9k $426.9k 0.02% Reduced -440 -440
37 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 3,9794.0k $372.2k $372.2k 0.00% Reduced -28.6k -28,626
38 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 3,4003.4k $318.0k $318.0k 0.00% New
39 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 2,8492.8k $267.0k $267.0k 0.00% Added +8 +8
40 Windham Capital Management, LLC 0.10% of their portfolio BOSTON, MA 2,7352.7k $255.8k $255.8k 0.10% Unchanged
41 MJP ASSOCIATES INC /ADV 0.07% of their portfolio FARMINGTON, CT 2,4292.4k $227.2k $227.2k 0.07% Reduced -248.3k -248,337
42 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 2,4182.4k $226.2k $226.2k 0.00% Reduced -19.1k -19,124
43 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 2,3432.3k $219.1k $219.1k 0.01% Added +490 +490
44 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 1,7951.8k $167.9k $167.9k 0.00% Added +238 +238
45 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 1,2001.2k $112.2k $112.2k 0.00% Unchanged
46 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 1,0001.0k $83.4k $83.4k 0.00% Added +500 +500
47 CWM, LLC 0.00% of their portfolio OMAHA, NE 784784 $73.0k $73.0k 0.00% Added +34 +34
48 TD AMERITRADE INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio OMAHA, NE 575575 $54.0k $54.0k 0.00% Reduced -24 -24
49 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 475475 $44.4k $44.4k 0.00% Unchanged
50 FMR LLC 0.00% of their portfolio BOSTON, MA 447447 $41.8k $41.8k 0.00% Reduced -485 -485
51 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 337337 $31.5k $31.5k 0.00% Unchanged
52 Concord Wealth Partners 0.01% of their portfolio ABINGDON, VA 276276 $25.8k $25.8k 0.01% Unchanged
53 Farther Finance Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 269269 $25.2k $25.2k 0.01% Unchanged
54 Glass Jacobson Investment Advisors llc 0.01% of their portfolio OWINGS MILLS, MD 180180 $16.8k $16.8k 0.01% First filing
55 DB Wealth Management Group, LLC 0.01% of their portfolio SAN DIEGO, CA 173173 $16.2k $16.2k 0.01% Unchanged
56 Gryphon Financial Partners LLC 0.00% of their portfolio COLUMBUS, OH 134134 $12.5k $12.5k 0.00% New
57 Tradition Wealth Management, LLC 0.00% of their portfolio EDINA, MN 100100 $9.0k $9.0k 0.00% Unchanged
58 Worth Asset Management, LLC 0.01% of their portfolio DALLAS, TX 100100 $9.4k $9.4k 0.01% Reduced -2.7k -2,685
59 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 1515 $1.4k $1.4k 0.00% Unchanged
60 Venturi Wealth Management, LLC 0.00% of their portfolio AUSTIN, TX 1313 $1.2k $1.2k 0.00% New
61 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged