Vault-13

INVESCO EXCHANGE TRADED FD T SPHQ

S&P500 QUALITY · ETP · CUSIP 46137V241

625 institutional holders +19 vs Q4 2024
116,901,412116.9m shares reported held*
$7.8bnreported value*
70 new 276 added 161 reduced 46 sold out net sold ≈ $927.4m (-14.0m 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 ($602.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $66.34. Options: 1 managers hold calls ($311.8k notional), 1 hold puts ($212.3k).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 308Q4 22: 344Q1 23: 360Q2 23: 390Q3 23: 409Q4 23: 444Q1 24: 477Q2 24: 511Q3 24: 548Q4 24: 606Q1 25: 625625Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022308
Q4 2022344
Q1 2023360
Q2 2023390
Q3 2023409
Q4 2023444
Q1 2024477
Q2 2024511
Q3 2024548
Q4 2024606
Q1 2025625

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 23: 199 bought or addedQ2 23: 133 cut or sold outQ3 23: 203 bought or addedQ3 23: 142 cut or sold outQ3 23Q4 23: 215 bought or addedQ4 23: 166 cut or sold outQ1 24: 246 bought or addedQ1 24: 173 cut or sold outQ1 24Q2 24: 264 bought or addedQ2 24: 167 cut or sold outQ3 24: 296 bought or addedQ3 24: 171 cut or sold outQ3 24Q4 24: 308 bought or addedQ4 24: 178 cut or sold outQ1 25: 346 bought or addedQ1 25: 207 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023199133
Q3 2023203142
Q4 2023215166
Q1 2024246173
Q2 2024264167
Q3 2024296171
Q4 2024308178
Q1 2025346207

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ2 24 calls: $260.5kQ2 24 puts: $0Q2 24P/C 0.00Q3 24 calls: $464.2kQ3 24 puts: $0Q3 24P/C 0.00Q4 24 calls: $355.3kQ4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $311.8kQ1 25 puts: $212.3kQ1 25P/C 0.68
Numbers
QuarterCallsPutsP/C
Q2 2024$260.5k$00.00
Q3 2024$464.2k$00.00
Q4 2024$355.3k$00.00
Q1 2025$311.8k$212.3k0.68

Biggest buyers

AMERIPRISE FINANCIAL INC Added +1,727,685+1.7m
LPL Financial LLC Added +1,325,931+1.3m
MORGAN STANLEY Added +946,733+946.7k
RAYMOND JAMES FINANCIAL INC Added +897,944+897.9k
Bank of New York Mellon Corp Added +700,168+700.2k
ASSETMARK, INC Added +697,964+698.0k
FMR LLC Added +549,527+549.5k
SouthState Bank Corp New +468,571+468.6k
WELLS FARGO & COMPANY/MN Added +446,984+447.0k
OSAIC HOLDINGS, INC. Added +444,248+444.2k

Biggest sellers

First Command Advisory Services, Inc. Reduced -11,027,106-11.0m
ENVESTNET ASSET MANAGEMENT INC Reduced -10,946,595-10.9m
Independent Advisor Alliance Sold out -1,257,112-1.3m
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -523,162-523.2k
NorthCoast Asset Management LLC Reduced -495,512-495.5k
WCG Wealth Advisors LLC Reduced -325,076-325.1k
One Capital Management, LLC Reduced -310,309-310.3k
Davidson Capital Management Inc. Reduced -229,267-229.3k
Financial Advocates Investment Management Sold out -179,802-179.8k
TWO SIGMA INVESTMENTS, LP Reduced -164,600-164.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $311.8k4.7k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $212.3k3.2k 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 LPL Financial LLC 0.26% of their portfolio FORT MILL, SC 10,044,25410.0m $666.3m $666.3m 0.26% Added +1.3m +1,325,931
2 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 9.56% of their portfolio MINNEAPOLIS, MN 7,723,9627.7m $512.4m $512.4m 9.56% Added +50.1k +50,115
3 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.97% of their portfolio PLYMOUTH, MN 7,640,5887.6m $506.9m $506.9m 0.97% Reduced -523.2k -523,162
4 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 6,422,6016.4m $426.1m $426.1m 0.03% Added +946.7k +946,733
5 AMERIPRISE FINANCIAL INC 0.10% of their portfolio MINNEAPOLIS, MN 5,505,8215.5m $365.2m $365.2m 0.10% Added +1.7m +1,727,685
6 FMR LLC 0.02% of their portfolio BOSTON, MA 4,688,3694.7m $311.0m $311.0m 0.02% Added +549.5k +549,527
7 FIFTH THIRD BANCORP 1.10% of their portfolio CINCINNATI, OH 4,347,4854.3m $288.4m $288.4m 1.10% Added +14.7k +14,721
8 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 4,096,7434.1m $271.8m $271.8m 0.02% Reduced -134.6k -134,599
9 WELLS FARGO & COMPANY/MN 0.06% of their portfolio SAN FRANCISCO, CA 3,614,5603.6m $239.8m $239.8m 0.06% Added +447.0k +446,984
10 Bank of New York Mellon Corp 0.03% of their portfolio NEW YORK, NY 2,594,2652.6m $172.1m $172.1m 0.03% Added +700.2k +700,168
11 RAYMOND JAMES FINANCIAL INC 0.06% of their portfolio ST. PETERSBURG, FL 2,400,2102.4m $159.2m $159.2m 0.06% Added +897.9k +897,944
12 OSAIC HOLDINGS, INC. 0.34% of their portfolio SCOTTSDALE, AZ 2,331,1572.3m $154.7m $154.7m 0.34% Added +444.2k +444,248
13 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 2,063,7532.1m $136.9m $136.9m 0.03% Added +121.5k +121,534
14 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.09% of their portfolio MILWAUKEE, WI 1,682,3141.7m $111.6m $111.6m 0.09% Added +225.0k +224,954
15 SFMG, LLC 8.48% of their portfolio PLANO, TX 1,620,0721.6m $107.5m $107.5m 8.48% Reduced -25.3k -25,301
16 COMMONWEALTH EQUITY SERVICES, LLC 0.14% of their portfolio WALTHAM, MA 1,538,3891.5m $102.1m $102.1m 0.14% Added +255.7k +255,687
17 UBS Group AG 0.02% of their portfolio ZURICH, V8 1,534,7771.5m $101.8m $101.8m 0.02% Reduced -115.3k -115,294
18 Madison Asset Management, LLC 1.06% of their portfolio MADISON, WI 1,427,9031.4m $94.7m $94.7m 1.06% Added +105.8k +105,786
19 NorthCoast Asset Management LLC 0.47% of their portfolio STAMFORD, CT 1,410,0611.4m $93.5m $93.5m 0.47% Reduced -495.5k -495,512
20 First Command Advisory Services, Inc. 0.89% of their portfolio FORT WORTH, TX 1,407,1201.4m $93.3m $93.3m 0.89% Reduced -11.0m -11,027,106
21 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 1,306,2501.3m $86.7m $86.7m 0.03% Reduced -10.9m -10,946,595
22 Equitable Holdings, Inc. 0.78% of their portfolio NEW YORK, NY 1,241,6701.2m $82.4m $82.4m 0.78% Added +154.0k +153,990
23 ASSETMARK, INC 0.22% of their portfolio CONCORD, CA 1,230,3281.2m $81.6m $81.6m 0.22% Added +698.0k +697,964
24 JONES FINANCIAL COMPANIES LLLP 0.07% of their portfolio DES PERES, MO 1,193,6041.2m $78.4m $78.4m 0.07% Added +427.4k +427,386
25 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 1,113,4101.1m $73.9m $73.9m 0.04% Added +49.9k +49,922
26 Alpine Bank Wealth Management 11.75% of their portfolio GRAND JUNCTION, CO 1,103,9961.1m $73.2m $73.2m 11.75% First filing
27 Cetera Investment Advisers 0.14% of their portfolio SCHAUMBURG, IL 1,082,6211.1m $71.8m $71.8m 0.14% Reduced -36.4k -36,377
28 Trilogy Capital Inc. 3.46% of their portfolio IRVINE, CA 993,830993.8k $65.9m $65.9m 3.46% Reduced -38.9k -38,905
29 Evensky & Katz LLC 3.49% of their portfolio CORAL GABLES, FL 783,480783.5k $52.0m $52.0m 3.49% Reduced -13.6k -13,560
30 Paragon Capital Management Ltd 10.29% of their portfolio DENVER, CO 756,909756.9k $50.2m $50.2m 10.29% Reduced -22.1k -22,101
31 Stratos Wealth Partners, LTD. 0.71% of their portfolio BEACHWOOD, OH 706,127706.1k $46.8m $46.8m 0.71% Added +301.6k +301,573
32 MAINSTAY CAPITAL MANAGEMENT LLC /ADV 6.09% of their portfolio GRAND BLANC, MI 670,081670.1k $44.5m $44.5m 6.09% Added +14.4k +14,427
33 STIFEL FINANCIAL CORP 0.04% of their portfolio ST. LOUIS, MO 622,778622.8k $41.3m $41.3m 0.04% Added +75.4k +75,354
34 Davidson Capital Management Inc. 10.90% of their portfolio CORPUS CHRISTI, TX 605,951606.0k $40.2m $40.2m 10.90% Reduced -229.3k -229,267
35 Family Investment Center, Inc. 9.75% of their portfolio Saint Joseph, MO 601,240601.2k $39.9m $39.9m 9.75% Added +78.8k +78,770
36 MML INVESTORS SERVICES, LLC 0.12% of their portfolio SPRINGFIELD, MA 557,083557.1k $37.0m $37.0m 0.12% Added +39.5k +39,485
37 Milestone Investment Advisors LLC 10.04% of their portfolio MIDDLETON, WI 544,993545.0k $36.2m $36.2m 10.04% Reduced -15.9k -15,863
38 Capital Planning Advisors, LLC 5.46% of their portfolio Roseville, CA 533,150533.1k $35.4m $35.4m 5.46% Added +6.6k +6,570
39 WEALTH MANAGEMENT RESOURCES, INC. 12.34% of their portfolio SMITHFIELD, RI 512,389512.4k $34.0m $34.0m 12.34% Added +10.0k +10,027
40 Corient Private Wealth LP 0.05% of their portfolio MIAMI, FL 484,104484.1k $32.1m $32.1m 0.05% Reduced -14.4k -14,368
41 SouthState Bank Corp 1.42% of their portfolio Winter Haven, FL 468,571468.6k $31.1m $31.1m 1.42% New
42 Atria Wealth Solutions, Inc. 0.36% of their portfolio NEW YORK, NY 446,532446.5k $29.6m $29.6m 0.36% Added +15.2k +15,227
43 UNION SAVINGS BANK 14.17% of their portfolio LITCHFIELD, CT 437,167437.2k $29.0m $29.0m 14.17% Added +49.0k +49,044
44 Mariner, LLC 0.05% of their portfolio Overland Park, KS 436,589436.6k $29.0m $29.0m 0.05% Added +71.5k +71,520
45 Orgel Wealth Management, LLC 0.72% of their portfolio ALTOONA, WI 416,386416.4k $27.6m $27.6m 0.72% Added +41.8k +41,840
46 Sterling Group Wealth Management, LLC 14.16% of their portfolio PASADENA, CA 398,055398.1k $26.4m $26.4m 14.16% Added +2.8k +2,818
47 AVANTAX ADVISORY SERVICES, INC. 0.16% of their portfolio DALLAS, TX 390,276390.3k $25.9m $25.9m 0.16% Reduced -80.2k -80,242
48 Cambridge Investment Research Advisors, Inc. 0.08% of their portfolio FAIRFIELD, IA 376,878376.9k $25.0m $25.0m 0.08% Added +17.7k +17,732
49 Schwallier Wealth Management LLC 18.28% of their portfolio GRAND RAPIDS, MI 373,121373.1k $24.8m $24.8m 18.28% Reduced -72.9k -72,940
50 Ballast, Inc. 6.64% of their portfolio Lexington, KY 353,991354.0k $23.5m $23.5m 6.64% Added +688 +688
51 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 328,406328.4k $21.8m $21.8m 0.03% Added +9.5k +9,480
52 Perennial Investment Advisors, LLC 2.43% of their portfolio Los Angeles, CA 324,725324.7k $21.5m $21.5m 2.43% Added +182.0k +182,038
53 EVERGREEN CAPITAL MANAGEMENT LLC 0.71% of their portfolio Bellevue, WA 319,604319.6k $21.2m $21.2m 0.71% Added +15.5k +15,531
54 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 303,387303.4k $20.1m $20.1m 0.03% Added +13.4k +13,399
55 ACT Advisors, LLC. 10.91% of their portfolio ASHEVILLE, NC 303,114303.1k $20.1m $20.1m 10.91% Reduced -6.4k -6,441
56 CREATIVE FINANCIAL DESIGNS INC /ADV 1.60% of their portfolio KOKOMO, IN 302,153302.2k $20.0m $20.0m 1.60% Added +51.6k +51,621
57 KWB Wealth 2.35% of their portfolio REDLANDS, CA 291,139291.1k $19.5m $19.5m 2.35% Added +38.1k +38,132
58 Jefferies Financial Group Inc. 0.31% of their portfolio NEW YORK, NY 272,956273.0k $18.1m $18.1m 0.31% Added +19.0k +19,030
59 TruWealth Advisors, LLC 1.04% of their portfolio Metairie, LA 260,645260.6k $17.3m $17.3m 1.04% Added +2.5k +2,504
60 Rollins Financial Advisors, LLC 2.93% of their portfolio ATLANTA, GA 253,181253.2k $16.8m $16.8m 2.93% Added +16.5k +16,500
61 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 252,137252.1k $16.7m $16.7m 0.00% Added +20.7k +20,710
62 TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio NEW YORK, NY 251,200251.2k $16.7m $16.7m 0.04% Reduced -164.6k -164,600
63 SYKON CAPITAL LLC 6.32% of their portfolio HARRISON, NY 250,942250.9k $16.6m $16.6m 6.32% New
64 Cresset Asset Management, LLC 0.08% of their portfolio Chicago, IL 244,904244.9k $16.2m $16.2m 0.08% Added +26.3k +26,277
65 COZAD ASSET MANAGEMENT INC 1.62% of their portfolio CHAMPAIGN, IL 244,453244.5k $16.2m $16.2m 1.62% Added +8.7k +8,651
66 Snowden Capital Advisors LLC 0.52% of their portfolio New York, NY 244,404244.4k $16.2m $16.2m 0.52% Added +56.9k +56,945
67 Tidemark, LLC 5.77% of their portfolio SAN DIEGO, CA 237,192237.2k $15.7m $15.7m 5.77% Added +41.4k +41,380
68 Graves Light Lenhart Wealth, Inc. 1.93% of their portfolio HARRISONBURG, VA 237,138237.1k $15.7m $15.7m 1.93% Added +4.4k +4,384
69 GeoWealth Management, LLC 0.63% of their portfolio CHICAGO, IL 237,076237.1k $15.7m $15.7m 0.63% Added +175.8k +175,818
70 TSFG, LLC 3.15% of their portfolio LAKE FOREST, IL 232,271232.3k $15.4m $15.4m 3.15% Added +22.4k +22,441
71 Foundations Investment Advisors, LLC 0.28% of their portfolio PHOENIX, AZ 230,626230.6k $15.3m $15.3m 0.28% Added +208.2k +208,160
72 Lido Advisors, LLC 0.09% of their portfolio Los Angeles, CA 222,190222.2k $14.7m $14.7m 0.09% Added +2.4k +2,372
73 Vigilare Wealth Management 5.86% of their portfolio SCOTTSDALE, AZ 221,156221.2k $14.7m $14.7m 5.86% Added +21.8k +21,765
74 Sound View Wealth Advisors Group, LLC 1.18% of their portfolio SAVANNAH, GA 217,311217.3k $14.4m $14.4m 1.18% Added +3.8k +3,753
75 Focus Financial Network, Inc. 0.59% of their portfolio MINNEAPOLIS, MN 216,925216.9k $14.4m $14.4m 0.59% Added +4.0k +3,979
76 Private Advisor Group, LLC 0.08% of their portfolio MORRISTOWN, NJ 211,698211.7k $14.0m $14.0m 0.08% Added +29.2k +29,151
77 Burns Matteson Capital Management, LLC 7.47% of their portfolio CORNING, NY 209,165209.2k $13.9m $13.9m 7.47% Added +10.6k +10,645
78 Cresta Advisors, Ltd. 7.00% of their portfolio LAREDO, TX 203,721203.7k $13.5m $13.5m 7.00% Added +51.0k +51,038
79 Eagle Strategies LLC 2.25% of their portfolio NEW YORK, NY 194,876194.9k $12.9m $12.9m 2.25% Reduced -15.6k -15,593
80 WCG Wealth Advisors LLC 0.97% of their portfolio LAS VEGAS, NV 193,081193.1k $12.8m $12.8m 0.97% Reduced -325.1k -325,076
81 Hoese & Co LLP 10.89% of their portfolio GLENCOE, MN 189,324189.3k $12.6m $12.6m 10.89% Added +29.7k +29,709
82 BLAIR WILLIAM & CO/IL 0.04% of their portfolio CHICAGO, IL 181,958182.0k $12.1m $12.1m 0.04% Added +19.4k +19,358
83 Opes Wealth Management LLC 2.41% of their portfolio MENLO PARK, CA 180,112180.1k $11.9m $11.9m 2.41% Added +15.5k +15,479
84 SIERRA OCEAN, LLC 9.04% of their portfolio RIPON, CA 172,767172.8k $11.5m $11.5m 9.04% Added +12.1k +12,059
85 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 172,221172.2k $11.8m $11.8m 0.03% Reduced -19.0k -19,047
86 PRINCIPAL SECURITIES, INC. 0.26% of their portfolio DES MOINES, IA 170,903170.9k $11.5m $11.5m 0.26% Unchanged
87 Jordan Park Group LLC 0.82% of their portfolio SAN FRANCISCO, CA 170,250170.2k $11.3m $11.3m 0.82% Unchanged
88 Lynx Investment Advisory 7.52% of their portfolio WASHINGTON, DC, DC 169,933169.9k $11.3m $11.3m 7.52% Added +29.3k +29,278
89 Cedar Mountain Advisors, LLC 2.49% of their portfolio LAKE OSWEGO, OR 167,418167.4k $11.1m $11.1m 2.49% Added +2.8k +2,842
90 Integrity Financial Corp /WA 6.19% of their portfolio JACKSON, WY 164,416164.4k $10.9m $10.9m 6.19% Added +168 +168
91 Kestra Advisory Services, LLC 0.05% of their portfolio AUSTIN, TX 160,035160.0k $10.6m $10.6m 0.05% Added +33 +33
92 CPC Advisors, LLC 1.44% of their portfolio Atlanta, GA 157,416157.4k $10.4m $10.4m 1.44% Added +56.6k +56,596
93 MEITAV INVESTMENT HOUSE LTD 0.19% of their portfolio BENE-BERAQ, L3 157,180157.2k $10.4m $10.4m 0.19% Added +41.2k +41,179
94 Chicago Wealth Management, Inc. 5.44% of their portfolio CHICAGO, IL 156,615156.6k $10.4m $10.4m 5.44% Added +2.7k +2,715
95 Steward Partners Investment Advisory, LLC 0.09% of their portfolio STAMFORD, CT 152,612152.6k $10.1m $10.1m 0.09% Added +81.6k +81,591
96 Nikulski Financial, Inc. 3.04% of their portfolio BETTENDORF, IA 151,381151.4k $10.0m $10.0m 3.04% Added +1.1k +1,108
97 TD Capital Management LLC 1.02% of their portfolio MEMPHIS, TN 151,172151.2k $10.0m $10.0m 1.02% Added +10.2k +10,206
98 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 148,870148.9k $9.9m $9.9m 0.02% Reduced -2.9k -2,922
99 Jackson Wealth Management, LLC 1.19% of their portfolio LAKE MARY, FL 147,754147.8k $9.8m $9.8m 1.19% Added +3.1k +3,146
100 Orion Portfolio Solutions, LLC 0.05% of their portfolio Omaha, NE 144,581144.6k $9.6m $9.6m 0.05% Added +71.9k +71,948