Vault-13

INVESCO EXCHANGE TRADED FD T XLG

S&P 500 TOP 50 · ETP · CUSIP 46137V233

525 institutional holders +52 vs Q4 2024
115,951,442116.0m shares reported held*
$4.0bnreported value*
102 new 192 added 158 reduced 47 sold out net bought ≈ $353.1m (+7.6m 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 ($502.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $34.89. Options: 1 managers hold calls ($925.0k notional), 1 hold puts ($230.1k).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 207Q4 22: 206Q1 23: 211Q2 23: 224Q3 23: 236Q4 23: 280Q1 24: 339Q2 24: 386Q3 24: 416Q4 24: 473Q1 25: 525525Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022207
Q4 2022206
Q1 2023211
Q2 2023224
Q3 2023236
Q4 2023280
Q1 2024339
Q2 2024386
Q3 2024416
Q4 2024473
Q1 2025525

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 23: 118 bought or addedQ2 23: 75 cut or sold outQ3 23: 112 bought or addedQ3 23: 107 cut or sold outQ3 23Q4 23: 148 bought or addedQ4 23: 97 cut or sold outQ1 24: 198 bought or addedQ1 24: 106 cut or sold outQ1 24Q2 24: 239 bought or addedQ2 24: 108 cut or sold outQ3 24: 228 bought or addedQ3 24: 149 cut or sold outQ3 24Q4 24: 272 bought or addedQ4 24: 127 cut or sold outQ1 25: 294 bought or addedQ1 25: 205 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 202311875
Q3 2023112107
Q4 202314897
Q1 2024198106
Q2 2024239108
Q3 2024228149
Q4 2024272127
Q1 2025294205

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ2 24 calls: $2.2mQ2 24 puts: $2.1mQ2 24P/C 0.96Q3 24 calls: $1.9mQ3 24 puts: $1.4mQ3 24P/C 0.73Q4 24 calls: $2.7mQ4 24 puts: $569.5kQ4 24P/C 0.21Q1 25 calls: $925.0kQ1 25 puts: $230.1kQ1 25P/C 0.25
Numbers
QuarterCallsPutsP/C
Q2 2024$2.2m$2.1m0.96
Q3 2024$1.9m$1.4m0.73
Q4 2024$2.7m$569.5k0.21
Q1 2025$925.0k$230.1k0.25

Biggest buyers

Bank of New York Mellon Corp New +2,402,369+2.4m
Invesco Ltd. Added +2,288,508+2.3m
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +1,417,535+1.4m
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +1,192,557+1.2m
MEANS INVESTMENT CO., INC. Added +1,163,956+1.2m
JPMORGAN CHASE & CO Added +1,090,494+1.1m
Bogart Wealth, LLC Added +1,038,148+1.0m
TWO SIGMA INVESTMENTS, LP Added +849,500+849.5k
LPL Financial LLC Added +847,025+847.0k
ENVESTNET ASSET MANAGEMENT INC Added +480,354+480.4k

Biggest sellers

Fisher Asset Management, LLC Reduced -4,801,652-4.8m
AMERIPRISE FINANCIAL INC Reduced -1,229,454-1.2m
Independent Advisor Alliance Sold out -777,780-777.8k
Thrivent Financial for Lutherans Reduced -775,883-775.9k
GOLDMAN SACHS GROUP INC Reduced -763,528-763.5k
HighTower Advisors, LLC Reduced -531,490-531.5k
Redhawk Wealth Advisors, Inc. Reduced -364,597-364.6k
Demars Financial Group, LLC Reduced -326,082-326.1k
POM Investment Strategies, LLC Reduced -240,796-240.8k
UBS Group AG Reduced -202,330-202.3k

Biggest calls

CITADEL ADVISORS LLC Reduced $925.0k20.1k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $230.1k5.0k 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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Demars Financial Group, LLC 17.43% of their portfolio SPOKANE VALLEY, WA 28,077,06228.1m $610.1k $610.1k 17.43% Reduced -326.1k -326,082
2 LPL Financial LLC 0.19% of their portfolio FORT MILL, SC 10,622,08210.6m $488.8m $488.8m 0.19% Added +847.0k +847,025
3 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 7,141,8377.1m $328.7m $328.7m 0.02% Added +171.4k +171,426
4 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 4,239,0304.2m $195.1m $195.1m 0.02% Added +206.9k +206,857
5 Invesco Ltd. 0.03% of their portfolio ATLANTA, GA 3,363,4353.4m $154.8m $154.8m 0.03% Added +2.3m +2,288,508
6 WELLS FARGO & COMPANY/MN 0.04% of their portfolio SAN FRANCISCO, CA 3,269,3173.3m $150.5m $150.5m 0.04% Reduced -156.1k -156,080
7 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.22% of their portfolio PLYMOUTH, MN 2,505,9472.5m $115.3m $115.3m 0.22% Added +1.4m +1,417,535
8 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 2,402,3692.4m $110.6m $110.6m 0.02% New
9 UBS Group AG 0.02% of their portfolio ZURICH, V8 2,290,9002.3m $105.4m $105.4m 0.02% Reduced -202.3k -202,330
10 RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio ST. PETERSBURG, FL 2,279,2752.3m $104.9m $104.9m 0.04% Added +25.6k +25,649
11 TWO SIGMA INVESTMENTS, LP 0.19% of their portfolio NEW YORK, NY 1,915,0501.9m $88.1m $88.1m 0.19% Added +849.5k +849,500
12 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,867,0091.9m $85.9m $85.9m 0.01% Added +1.1m +1,090,494
13 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 1,720,4141.7m $79.2m $79.2m 0.06% Added +1.2m +1,192,557
14 Johnson Financial Group, Inc. 3.86% of their portfolio RACINE, WI 1,712,9681.7m $78.8m $78.8m 3.86% Added +50.3k +50,297
15 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,631,3531.6m $75.1m $75.1m 0.02% Added +480.4k +480,354
16 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 1,472,1671.5m $67.9m $67.9m 0.02% Reduced -1.2m -1,229,454
17 Principle Wealth Partners LLC 4.77% of their portfolio MADISON, CT 1,449,8861.4m $66.7m $66.7m 4.77% Added +357.7k +357,733
18 MEANS INVESTMENT CO., INC. 6.20% of their portfolio BANGOR, ME 1,267,6711.3m $58.3m $58.3m 6.20% Added +1.2m +1,163,956
19 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,249,0791.2m $57.5m $57.5m 0.01% Reduced -533 -533
20 GPS Wealth Strategies Group, LLC 7.67% of their portfolio CENTENNIAL, CO 1,236,0131.2m $56.9m $56.9m 7.67% Added +61.0k +61,028
21 Lido Advisors, LLC 0.33% of their portfolio Los Angeles, CA 1,234,1431.2m $56.8m $56.8m 0.33% Added +23.3k +23,298
22 Private Advisor Group, LLC 0.31% of their portfolio MORRISTOWN, NJ 1,127,6281.1m $51.9m $51.9m 0.31% Added +305.5k +305,548
23 OSAIC HOLDINGS, INC. 0.11% of their portfolio SCOTTSDALE, AZ 1,074,0031.1m $49.4m $49.4m 0.11% Reduced -65.4k -65,417
24 Bogart Wealth, LLC 2.27% of their portfolio MCLEAN, VA 1,044,0041.0m $48.0m $48.0m 2.27% Added +1.0m +1,038,148
25 STIFEL FINANCIAL CORP 0.05% of their portfolio ST. LOUIS, MO 1,009,1081.0m $46.4m $46.4m 0.05% Added +1.0k +1,038
26 Clearstead Advisors, LLC 0.67% of their portfolio CLEVELAND, OH 936,481936.5k $43.1m $43.1m 0.67% Reduced -43.4k -43,427
27 One Capital Management, LLC 1.44% of their portfolio WESTLAKE VILLAGE, CA 928,681928.7k $42.7m $42.7m 1.44% Reduced -36.3k -36,283
28 MML INVESTORS SERVICES, LLC 0.12% of their portfolio SPRINGFIELD, MA 764,403764.4k $35.2m $35.2m 0.12% Added +74.0k +74,016
29 Cambridge Investment Research Advisors, Inc. 0.08% of their portfolio FAIRFIELD, IA 545,834545.8k $25.1m $25.1m 0.08% Reduced -23.3k -23,340
30 Sanctuary Advisors, LLC 0.18% of their portfolio INDIANAPOLIS, IN 542,511542.5k $25.0m $25.0m 0.18% Added +331.3k +331,278
31 Apexium Financial, LP 1.48% of their portfolio Dallas, TX 540,943540.9k $24.9m $24.9m 1.48% Reduced -2.8k -2,790
32 Integrated Wealth Concepts LLC 0.29% of their portfolio WALTHAM, MA 532,591532.6k $24.5m $24.5m 0.29% Added +76.6k +76,563
33 Cetera Investment Advisers 0.05% of their portfolio SCHAUMBURG, IL 532,495532.5k $24.5m $24.5m 0.05% Added +169.9k +169,886
34 QUATTRO FINANCIAL ADVISORS LLC 8.40% of their portfolio The Woodlands, TX 532,214532.2k $24.5m $24.5m 8.40% Added +53.6k +53,574
35 Baird Financial Group, Inc. 0.05% of their portfolio MILWAUKEE, WI 529,140529.1k $24.4m $24.4m 0.05% Reduced -34.3k -34,339
36 Cedar Wealth Management, LLC 7.63% of their portfolio LA JOLLA, CA 466,305466.3k $21.5m $21.5m 7.63% Added +45.9k +45,878
37 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 419,997420.0k $19.3m $19.3m 0.03% Reduced -531.5k -531,490
38 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 403,670403.7k $18.6m $18.6m 0.03% Reduced -57.9k -57,859
39 Stratos Wealth Partners, LTD. 0.28% of their portfolio BEACHWOOD, OH 394,193394.2k $18.1m $18.1m 0.28% Reduced -82.1k -82,139
40 Core Wealth Advisors, Inc. 5.51% of their portfolio LAKELAND, FL 376,472376.5k $17.3m $17.3m 5.51% Reduced -10.1k -10,116
41 Advocacy Wealth Management, LLC 1.09% of their portfolio ATLANTA, GA 348,638348.6k $16.0m $16.0m 1.09% New
42 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 339,471339.5k $15.6m $15.6m 0.00% Reduced -763.5k -763,528
43 Austin Private Wealth, LLC 1.37% of their portfolio Austin, TX 331,086331.1k $15.2m $15.2m 1.37% New
44 Wolf Group Capital Advisors 4.92% of their portfolio FAIRFAX, VA 318,090318.1k $14.6m $14.6m 4.92% Added +282.4k +282,448
45 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 315,657315.7k $14.5m $14.5m 0.01% Added +135.8k +135,762
46 INTEGRITY ALLIANCE, LLC. 0.55% of their portfolio Urbandale, IA 301,329301.3k $13.9m $13.9m 0.55% Added +258.7k +258,673
47 Segment Wealth Management, LLC 0.92% of their portfolio HOUSTON, TX 295,580295.6k $13.6m $13.6m 0.92% Reduced -5.3k -5,325
48 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 289,484289.5k $13.3m $13.3m 0.03% Added +47.4k +47,367
49 OneDigital Investment Advisors LLC 0.16% of their portfolio OVERLAND PARK, KS 286,014286.0k $13.2m $13.2m 0.16% Added +15.1k +15,082
50 Bricktown Capital, LLC 2.45% of their portfolio DETROIT, MI 283,766283.8k $13.1m $13.1m 2.45% Unchanged
51 Mirae Asset Global Investments Co., Ltd. 0.05% of their portfolio SEOUL, M5 283,000283.0k $13.0m $13.0m 0.05% Reduced -6.0k -6,000
52 Equitable Holdings, Inc. 0.12% of their portfolio NEW YORK, NY 280,592280.6k $12.9m $12.9m 0.12% Added +99.1k +99,082
53 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 257,456257.5k $11.8m $11.8m 0.01% Added +240.5k +240,461
54 Farther Finance Advisors, LLC 0.30% of their portfolio SAN FRANCISCO, CA 255,644255.6k $11.8m $11.8m 0.30% Added +86.9k +86,855
55 Asset Allocation Strategies LLC 2.72% of their portfolio FARMINGTON, MI 237,811237.8k $10.9m $10.9m 2.72% Added +8.2k +8,150
56 Summit Financial, LLC 0.30% of their portfolio PARSIPPANY, NJ 234,925234.9k $10.8m $10.8m 0.30% New
57 IFG Advisory, LLC 0.59% of their portfolio ATLANTA, GA 231,508231.5k $10.7m $10.7m 0.59% Added +22.1k +22,147
58 CENTAURUS FINANCIAL, INC. 0.63% of their portfolio ANAHEIM, CA 226,110226.1k $10.4m $10.4m 0.63% Added +2.8k +2,763
59 PMG Wealth Management, Inc. 11.04% of their portfolio Hawthorn Woods, IL 225,937225.9k $10.4m $10.4m 11.04% Added +233 +233
60 PRECEDENT WEALTH PARTNERS, LLC 2.83% of their portfolio HOUSTON, TX 221,824221.8k $10.2m $10.2m 2.83% Added +53.7k +53,661
61 THOROUGHBRED FINANCIAL SERVICES, LLC 0.63% of their portfolio BRENTWOOD, TN 220,403220.4k $10.1m $10.1m 0.63% Added +16.5k +16,456
62 Mariner, LLC 0.02% of their portfolio Overland Park, KS 217,924217.9k $10.0m $10.0m 0.02% Added +63.9k +63,877
63 Kestra Advisory Services, LLC 0.05% of their portfolio AUSTIN, TX 216,575216.6k $10.0m $10.0m 0.05% Added +48.7k +48,676
64 MANCHESTER FINANCIAL INC 2.14% of their portfolio Westlake Village, CA 206,869206.9k $9.5m $9.5m 2.14% New
65 Cyr Financial Inc. 8.30% of their portfolio HENNEPIN, IL 201,945201.9k $9.3m $9.3m 8.30% Added +324 +324
66 Atria Investments, Inc 0.12% of their portfolio Charlotte, NC 201,486201.5k $9.3m $9.3m 0.12% Added +108.9k +108,880
67 Financial Advocates Investment Management 0.62% of their portfolio OLYMPIA, WA 190,605190.6k $8.8m $8.8m 0.62% Reduced -25.8k -25,759
68 Avestar Capital, LLC 0.80% of their portfolio New York, NY 183,058183.1k $8.4m $8.4m 0.80% Reduced -7.5k -7,469
69 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 182,870182.9k $8.4m $8.4m 0.02% Added +149.3k +149,290
70 MERCER GLOBAL ADVISORS INC /ADV 0.02% of their portfolio DENVER, CO 176,670176.7k $8.1m $8.1m 0.02% Reduced -20.0k -19,981
71 Focus Partners Wealth 0.02% of their portfolio ST LOUIS, MO 176,602176.6k $8.1m $8.1m 0.02% Reduced -182.8k -182,826
72 World Investment Advisors 0.21% of their portfolio LINCROFT, NJ 172,918172.9k $8.0m $8.0m 0.21% Reduced -247 -247
73 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 0.61% of their portfolio Westlake, OH 168,145168.1k $7.8m $7.8m 0.61% New
74 NewEdge Advisors, LLC 0.05% of their portfolio NEW ORLEANS, LA 165,679165.7k $7.6m $7.6m 0.05% Added +36.7k +36,739
75 BANK HAPOALIM BM 1.10% of their portfolio TEL AVIV, L3 164,725164.7k $7.6m $7.6m 1.10% Reduced -101.3k -101,275
76 JSF Financial, LLC 1.97% of their portfolio LOS ANGELES, CA 162,054162.1k $7.5m $7.5m 1.97% Reduced -115.9k -115,888
77 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 159,900159.9k $7.4m $7.4m 0.00% Reduced -4.8m -4,801,652
78 JOHNSON INVESTMENT COUNSEL INC 0.07% of their portfolio Cincinnati, OH 158,770158.8k $7.3m $7.3m 0.07% Reduced -9.2k -9,240
79 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 148,284148.3k $6.8m $6.8m 0.01% Added +76.9k +76,896
80 KPP Advisory Services LLC 1.26% of their portfolio Louisville, KY 144,127144.1k $6.6m $6.6m 1.26% Reduced -23.6k -23,649
81 D.A. DAVIDSON & CO. 0.05% of their portfolio GREAT FALLS, MT 141,913141.9k $6.5m $6.5m 0.05% Added +4.6k +4,595
82 Waterloo Capital, L.P. 0.60% of their portfolio AUSTIN, TX 140,302140.3k $6.5m $6.5m 0.60% Reduced -10.2k -10,151
83 Jackson Wealth Management, LLC 0.78% of their portfolio LAKE MARY, FL 140,083140.1k $6.4m $6.4m 0.78% Reduced -442 -442
84 Stratos Wealth Advisors, LLC 0.35% of their portfolio BEACHWOOD, OH 137,336137.3k $6.3m $6.3m 0.35% Reduced -2.0k -1,996
85 Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. 0.95% of their portfolio FORT WORTH, TX 135,266135.3k $6.2m $6.2m 0.95% Added +47.1k +47,087
86 Gladstone Institutional Advisory LLC 0.29% of their portfolio Bedminster, NJ 133,583133.6k $6.1m $6.1m 0.29% Added +126.9k +126,911
87 Seros Financial, LLC 4.48% of their portfolio TEMPE, AZ 130,353130.4k $6.0m $6.0m 4.48% Reduced -35.7k -35,686
88 Keystone Financial Group 0.57% of their portfolio LEXINGTON, KY 121,758121.8k $5.6m $5.6m 0.57% Added +98.2k +98,244
89 Physician Wealth Advisors, Inc. 0.96% of their portfolio MIDVALE, UT 121,001121.0k $5.6m $5.6m 0.96% New
90 Crescent Grove Advisors, LLC 0.57% of their portfolio LAKE FOREST, IL 118,781118.8k $5.5m $5.5m 0.57% Reduced -2.0k -1,959
91 Consolidated Portfolio Review Corp 0.87% of their portfolio WOODBURY, NY 118,462118.5k $5.5m $5.5m 0.87% Reduced -43.6k -43,648
92 Client First Capital LLC 2.78% of their portfolio SAN DIEGO, CA 117,853117.9k $5.4m $5.4m 2.78% Added +30.3k +30,271
93 Horst & Graben Wealth Management LLC 0.96% of their portfolio PORTLAND, OR 116,236116.2k $5.3m $5.3m 0.96% New
94 Leo Wealth, LLC 0.77% of their portfolio HURST, TX 115,880115.9k $5.3m $5.3m 0.77% Reduced -9.7k -9,703
95 ShoreHaven Wealth Partners, LLC 2.36% of their portfolio Red Bank, NJ 107,239107.2k $4.9m $4.9m 2.36% Added +56.7k +56,658
96 Sage Mountain Advisors LLC 0.36% of their portfolio ATLANTA, GA 106,366106.4k $4.9m $4.9m 0.36% Unchanged
97 Pinnacle Family Advisors, LLC 2.65% of their portfolio Springfield, MO 106,088106.1k $4.9m $4.9m 2.65% Reduced -5.6k -5,567
98 MGO ONE SEVEN LLC 0.19% of their portfolio Beachwood, OH 104,103104.1k $4.8m $4.8m 0.19% Reduced -32.5k -32,531
99 One Wealth Advisors, LLC 0.71% of their portfolio SAN FRANCISCO, CA 103,956104.0k $4.8m $4.8m 0.71% New
100 Aspire Capital Advisors LLC 1.42% of their portfolio SEATTLE, WA 103,712103.7k $4.8m $4.8m 1.42% Reduced -73.4k -73,369