Vault-13

INVESCO EXCHANGE TRADED FD T RFG

S&P MDCP400 PR · ETP · CUSIP 46137V217

110 institutional holders +0 vs Q1 2025
1,946,0481.9m shares reported held*
$95.4mreported value*
8 new 28 added 30 reduced 9 sold out net sold ≈ $16.8m (-344.9k 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 ≈ $49.01.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 79Q4 22: 87Q1 23: 77Q2 23: 78Q3 23: 93Q4 23: 92Q1 24: 105Q2 24: 111Q3 24: 106Q4 24: 106Q1 25: 110Q2 25: 110110Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202279
Q4 202287
Q1 202377
Q2 202378
Q3 202393
Q4 202392
Q1 2024105
Q2 2024111
Q3 2024106
Q4 2024106
Q1 2025110
Q2 2025110

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q3 23: 40 bought or addedQ3 23: 23 cut or sold outQ4 23: 36 bought or addedQ4 23: 29 cut or sold outQ4 23Q1 24: 47 bought or addedQ1 24: 20 cut or sold outQ2 24: 48 bought or addedQ2 24: 32 cut or sold outQ2 24Q3 24: 36 bought or addedQ3 24: 40 cut or sold outQ4 24: 38 bought or addedQ4 24: 31 cut or sold outQ4 24Q1 25: 41 bought or addedQ1 25: 42 cut or sold outQ2 25: 36 bought or addedQ2 25: 39 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20234023
Q4 20233629
Q1 20244720
Q2 20244832
Q3 20243640
Q4 20243831
Q1 20254142
Q2 20253639

Biggest buyers

ROYAL BANK OF CANADA Added +17,773+17.8k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +17,079+17.1k
GOLDMAN SACHS GROUP INC Added +14,972+15.0k
M Holdings Securities, Inc. New +13,974+14.0k
OPPENHEIMER & CO INC Added +8,250+8.2k
Fiduciary Alliance LLC New +4,309+4.3k
Quantinno Capital Management LP New +4,272+4.3k
Berry Wealth Group, LP New +4,250+4.2k
Equitable Holdings, Inc. New +4,242+4.2k
UBS Group AG Added +3,949+3.9k

Biggest sellers

Twelve Points Wealth Management LLC Reduced -134,887-134.9k
MORGAN STANLEY Reduced -70,446-70.4k
CITIGROUP INC Reduced -64,589-64.6k
Matrix Trust Co Sold out -29,410-29.4k
OSAIC HOLDINGS, INC. Reduced -22,004-22.0k
FLOW TRADERS U.S. LLC Sold out -18,780-18.8k
Ameritas Advisory Services, LLC Reduced -15,200-15.2k
INTEGRITY ALLIANCE, LLC. Reduced -14,939-14.9k
Dale Q Rice Investment Management Ltd Reduced -11,922-11.9k
CITADEL ADVISORS LLC Sold out -10,937-10.9k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 229,144229.1k $11.2m $11.2m 0.00% Reduced -70.4k -70,446
2 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 199,499199.5k $9.7m $9.7m 0.00% Reduced -2.1k -2,142
3 New England Private Wealth Advisors LLC 1.40% of their portfolio WELLESLEY, MA 186,145186.1k $9.6m $9.6m 1.40% Reduced -7.5k -7,475
4 COLDSTREAM CAPITAL MANAGEMENT INC 0.06% of their portfolio BELLEVUE, WA 77,95478.0k $3.8m $3.8m 0.06% Reduced -10.5k -10,512
5 Twelve Points Wealth Management LLC 0.92% of their portfolio CONCORD, MA 70,30970.3k $3.4m $3.4m 0.92% Reduced -134.9k -134,887
6 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 67,66567.7k $3.3m $3.3m 0.00% Reduced -2.1k -2,146
7 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 61,00561.0k $3.0m $3.0m 0.00% Added +17.1k +17,079
8 UBS Group AG 0.00% of their portfolio ZURICH, V8 60,35760.4k $2.9m $2.9m 0.00% Added +3.9k +3,949
9 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 55,78855.8k $2.7m $2.7m 0.00% Added +537 +537
10 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 50,69050.7k $2.5m $2.5m 0.00% Reduced -723 -723
11 Compton Wealth Advisory Group, LLC 0.59% of their portfolio VIRGINIA BEACH, VA 47,50047.5k $2.3m $2.3m 0.59% Unchanged
12 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 47,14147.1k $2.3m $2.3m 0.00% Added +15.0k +14,972
13 Ameritas Advisory Services, LLC 0.11% of their portfolio Lincoln, NE 45,07145.1k $2.2m $2.2m 0.11% Reduced -15.2k -15,200
14 Prosperity Consulting Group, LLC 0.16% of their portfolio OWINGS MILLS, MD 43,57543.6k $2.1m $2.1m 0.16% Reduced -2.1k -2,133
15 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 43,09243.1k $2.1m $2.1m 0.00% Added +17.8k +17,773
16 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 32,83932.8k $1.6m $1.6m 0.00% Reduced -22.0k -22,004
17 KPP Advisory Services LLC 0.25% of their portfolio Louisville, KY 31,39531.4k $1.5m $1.5m 0.25% Added +1.2k +1,175
18 Cornerstone Financial Group, LLC /NE/ 1.10% of their portfolio OMAHA, NE 26,56426.6k $1.3m $1.3m 1.10% Reduced -8 -8
19 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 24,63524.6k $1.2m $1.2m 0.00% Added +1.9k +1,921
20 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 24,45024.4k $1.2m $1.2m 0.00% Reduced -2.8k -2,776
21 STEPHENS INC /AR/ 0.02% of their portfolio LITTLE ROCK, AR 23,42023.4k $1.1m $1.1m 0.02% Unchanged
22 Northeast Financial Consultants Inc 0.04% of their portfolio WESTPORT, CT 21,00021.0k $1.0m $1.0m 0.04% Unchanged
23 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 20,07020.1k $978.5k $978.5k 0.00% Added +1.3k +1,268
24 Commonwealth Financial Services, LLC 0.18% of their portfolio VIENNA, WV 19,46219.5k $948.8k $948.8k 0.18% Reduced -3.1k -3,109
25 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 18,45318.5k $899.6k $899.6k 0.00% Reduced -179 -179
26 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 18,18018.2k $886.3k $886.3k 0.00% Reduced -198 -198
27 Arrow Investment Advisors, LLC 0.83% of their portfolio LAUREL, MD 17,68017.7k $861.9k $861.9k 0.83% Reduced -21 -21
28 B. Riley Wealth Advisors, Inc. 0.04% of their portfolio MEMPHIS, TN 16,20416.2k $790.0k $790.0k 0.04% Added +699 +699
29 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 15,91715.9k $776.0k $776.0k 0.01% Added +8.2k +8,250
30 INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio SAN DIEGO, CA 15,52015.5k $756.6k $756.6k 0.02% Reduced -1.9k -1,871
31 Sowell Financial Services LLC 0.03% of their portfolio NORTH LITTLE ROCK, AR 15,04415.0k $733.4k $733.4k 0.03% Reduced -382 -382
32 INTEGRITY ALLIANCE, LLC. 0.04% of their portfolio Urbandale, IA 14,93914.9k $728.3k $728.3k 0.04% Reduced -14.9k -14,939
33 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 14,07614.1k $686.2k $686.2k 0.00% Added +48 +48
34 M Holdings Securities, Inc. 0.12% of their portfolio PORTLAND, OR 13,97414.0k $681.0k $681.0k 0.12% New
35 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 12,91512.9k $629.6k $629.6k 0.00% Added +1.1k +1,093
36 Pacific Sun Financial Corp 0.30% of their portfolio LOS ANGELES, CA 11,70511.7k $570.6k $570.6k 0.30% Unchanged
37 WILLNER & HELLER, LLC 0.47% of their portfolio ENCINO, CA 11,54411.5k $562.8k $562.8k 0.47% Added +29 +29
38 Connecticut Wealth Management, LLC 0.03% of their portfolio FARMINGTON, CT 11,32511.3k $552.1k $552.1k 0.03% Unchanged
39 VISTA INVESTMENT PARTNERS LLC 0.15% of their portfolio Oklahoma City, OK 10,87310.9k $530.1k $530.1k 0.15% Added +1.1k +1,149
40 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 10,10710.1k $501.3k $501.3k 0.00% Reduced -954 -954
41 Dale Q Rice Investment Management Ltd 0.41% of their portfolio VANCOUVER, WA 9,9089.9k $488.3k $488.3k 0.41% Reduced -11.9k -11,922
42 SYNOVUS FINANCIAL CORP 0.01% of their portfolio Columbus, GA 8,9969.0k $438.6k $438.6k 0.01% Added +22 +22
43 Ballentine Partners, LLC 0.01% of their portfolio Waltham, MA 8,7308.7k $425.6k $425.6k 0.01% Unchanged
44 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 7,7597.8k $378.3k $378.3k 0.00% Added +1.1k +1,072
45 Jacobi Capital Management LLC 0.02% of their portfolio PITTSTON, PA 7,2387.2k $352.9k $352.9k 0.02% Added +17 +17
46 Ironwood Investment Counsel, LLC 0.05% of their portfolio SCOTTSDALE, AZ 7,1357.1k $347.8k $347.8k 0.05% Unchanged
47 Merit Financial Group, LLC 0.00% of their portfolio ALPHARETTA, GA 6,8866.9k $335.7k $335.7k 0.00% Added +6 +6
48 FMR LLC 0.00% of their portfolio BOSTON, MA 6,6636.7k $324.8k $324.8k 0.00% Added +563 +563
49 American Institute for Advanced Investment Management, LLP 0.23% of their portfolio Scottsdale, AZ 6,6626.7k $324.8k $324.8k 0.23% Added +200 +200
50 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 6,5666.6k $320.1k $320.1k 0.00% Added +809 +809
51 COMMERCE BANK 0.00% of their portfolio KANSAS CITY, MO 6,5106.5k $317.4k $317.4k 0.00% Unchanged
52 J.W. COLE ADVISORS, INC. 0.01% of their portfolio TAMPA, FL 6,3716.4k $310.6k $310.6k 0.01% Added +7 +7
53 CARY STREET PARTNERS FINANCIAL LLC 0.01% of their portfolio RICHMOND, VA 6,2536.3k $304.8k $304.8k 0.01% Unchanged
54 Heritage Trust Co 0.03% of their portfolio OKLAHOMA CITY, OK 5,7805.8k $281.8k $281.8k 0.03% Unchanged
55 Genesis Wealth Advisors, LLC 0.20% of their portfolio BRAINTREE, MA 5,5705.6k $271.5k $271.5k 0.20% Unchanged
56 CITIZENS FINANCIAL GROUP INC/RI 0.00% of their portfolio PROVIDENCE, RI 5,4715.5k $266.7k $266.7k 0.00% Unchanged
57 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 5,4375.4k $265.1k $265.1k 0.00% Reduced -1.1k -1,065
58 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 5,2055.2k $253.8k $253.8k 0.00% Unchanged
59 CAHILL FINANCIAL ADVISORS INC 0.03% of their portfolio EDINA, MN 4,9204.9k $239.9k $239.9k 0.03% Unchanged
60 COMERICA BANK 0.00% of their portfolio DALLAS, TX 4,8504.8k $236.4k $236.4k 0.00% Unchanged
61 Segment Wealth Management, LLC 0.01% of their portfolio HOUSTON, TX 4,8304.8k $235.5k $235.5k 0.01% Unchanged
62 Glassman Wealth Services 0.03% of their portfolio VIENNA, VA 4,6354.6k $226.0k $226.0k 0.03% Unchanged
63 Badgley Phelps Wealth Managers, LLC 0.00% of their portfolio SEATTLE, WA 4,3104.3k $210.1k $210.1k 0.00% Reduced -300 -300
64 Fiduciary Alliance LLC 0.02% of their portfolio GREENVILLE, SC 4,3094.3k $210.1k $210.1k 0.02% New
65 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 4,2724.3k $208.3k $208.3k 0.00% New
66 Berry Wealth Group, LP 0.14% of their portfolio GRANBURY, TX 4,2504.2k $207.2k $207.2k 0.14% New
67 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 4,2424.2k $206.8k $206.8k 0.00% New
68 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 3,6263.6k $176.8k $176.8k 0.00% Reduced -9.2k -9,159
69 Spire Wealth Management 0.01% of their portfolio MCLEAN, VA 3,1503.1k $153.6k $153.6k 0.01% Added +8 +8
70 Caldwell Trust Co 0.01% of their portfolio Venice, FL 2,8502.9k $138.9k $138.9k 0.01% Unchanged
71 HOWE & RUSLING INC 0.01% of their portfolio ROCHESTER, NY 2,6502.6k $129.2k $129.2k 0.01% New
72 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 2,5442.5k $123.8k $123.8k 0.00% Added +475 +475
73 Princeton Global Asset Management LLC 0.02% of their portfolio PRINCETON, NJ 2,5192.5k $122.8k $122.8k 0.02% Unchanged
74 SALEM INVESTMENT COUNSELORS INC 0.00% of their portfolio WINSTON-SALEM, NC 2,5002.5k $121.9k $121.9k 0.00% Unchanged
75 Trust Co 0.01% of their portfolio MANHATTAN, KS 2,2682.3k $110.6k $110.6k 0.01% Unchanged
76 GHP Investment Advisors, Inc. 0.00% of their portfolio Denver, CO 1,7341.7k $84.6k $84.6k 0.00% Unchanged
77 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 1,7001.7k $82.9k $82.9k 0.00% Reduced -32 -32
78 Hughes Financial Services, LLC 0.01% of their portfolio HERNDON, VA 1,6151.6k $80.5k $80.5k 0.01% Unchanged
79 AllSquare Wealth Management LLC 0.04% of their portfolio ALBANY, NY 1,5251.5k $74.3k $74.3k 0.04% Unchanged
80 GPS Wealth Strategies Group, LLC 0.01% of their portfolio CENTENNIAL, CO 1,4151.4k $69.0k $69.0k 0.01% Unchanged
81 Horizons Wealth Management 0.05% of their portfolio ASHEVILLE, NC 1,3491.3k $65.8k $65.8k 0.05% Unchanged
82 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,2501.2k $60.9k $60.9k 0.00% Unchanged
83 TRUST CO OF TOLEDO NA /OH/ 0.01% of their portfolio HOLLAND, OH 1,0201.0k $49.7k $49.7k 0.01% New
84 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 960960 $46.8k $46.8k 0.00% Reduced -50 -50
85 Sunbelt Securities, Inc. 0.00% of their portfolio HOUSTON, TX 880880 $42.6k $42.6k 0.00% Unchanged
86 Robinswood Financial LLC 0.01% of their portfolio KIRKLAND, WA 765765 $37.3k $37.3k 0.01% Unchanged
87 TOTH FINANCIAL ADVISORY CORP 0.00% of their portfolio LEESBURG, VA 750750 $36.6k $36.6k 0.00% Unchanged
88 Topsail Wealth Management, LLC 0.01% of their portfolio CHARLOTTE, NC 750750 $36.6k $36.6k 0.01% Unchanged
89 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 677677 $33.0k $33.0k 0.00% Added +1 +1
90 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 650650 $31.7k $31.7k 0.00% Reduced -64.6k -64,589
91 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 600600 $29.3k $29.3k 0.00% Unchanged
92 VALLEY NATIONAL ADVISERS INC 0.00% of their portfolio BETHLEHEM, PA 540540 $26.0k $26.0k 0.00% Unchanged
93 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 534534 $26.0k $26.0k 0.00% Added +8 +8
94 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 528528 $25.7k $25.7k 0.00% Reduced -864 -864
95 Glen Eagle Advisors, LLC 0.00% of their portfolio KINGSTON, NJ 502502 $24.5k $24.5k 0.00% Added +1 +1
96 Pflug Koory, LLC 0.01% of their portfolio OMAHA, NE 442442 $21.5k $21.5k 0.01% New
97 Main Street Group, LTD 0.01% of their portfolio GLEN ALLEN, VA 325325 $15.8k $15.8k 0.01% Unchanged
98 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 290290 $14.1k $14.1k 0.00% Unchanged
99 Rossby Financial, LCC 0.01% of their portfolio MELBOURNE, FL 280280 $13.7k $13.7k 0.01% Unchanged
100 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 265265 $12.9k $12.9k 0.00% Unchanged