Vault-13

INVESCO EXCHANGE TRADED FD T RSP

S&P500 EQL WGT · ETP · CUSIP 46137V357

1,516 institutional holders +184 vs Q3 2023
224,387,010224.4m shares reported held*
$35.2bnreported value*
180 new 600 added 430 reduced 90 sold out net bought ≈ $7.1bn (+45.0m 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 ($20.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $156.71. Options: 20 managers hold calls ($2.3bn notional), 20 hold puts ($826.1m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

01k2kQ3 22: 1,076Q4 22: 1,190Q1 23: 1,213Q2 23: 1,287Q3 23: 1,332Q4 23: 1,5161,516Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 20221,076
Q4 20221,190
Q1 20231,213
Q2 20231,287
Q3 20231,332
Q4 20231,516

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 22: 591 bought or addedQ4 22: 404 cut or sold outQ4 22Q1 23: 612 bought or addedQ1 23: 475 cut or sold outQ1 23Q2 23: 638 bought or addedQ2 23: 535 cut or sold outQ2 23Q3 23: 708 bought or addedQ3 23: 502 cut or sold outQ3 23Q4 23: 780 bought or addedQ4 23: 520 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022591404
Q1 2023612475
Q2 2023638535
Q3 2023708502
Q4 2023780520

Calls vs puts

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

CallsPuts
$0$1bn$2bn$3bnQ1 23 calls: $83.2mQ1 23 puts: $90.2mQ1 23P/C 1.08Q2 23 calls: $231.2mQ2 23 puts: $796.2mQ2 23P/C 3.44Q3 23 calls: $106.5mQ3 23 puts: $292.0mQ3 23P/C 2.74Q4 23 calls: $2.3bnQ4 23 puts: $826.1mQ4 23P/C 0.36
Numbers
QuarterCallsPutsP/C
Q1 2023$83.2m$90.2m1.08
Q2 2023$231.2m$796.2m3.44
Q3 2023$106.5m$292.0m2.74
Q4 2023$2.3bn$826.1m0.36

Biggest buyers

MORGAN STANLEY Added +26,048,894+26.0m
JPMORGAN CHASE & CO Added +8,344,493+8.3m
Clal Insurance Enterprises Holdings Ltd New +5,450,000+5.5m
Balyasny Asset Management L.P. New +4,254,702+4.3m
BANK OF AMERICA CORP /DE/ Added +3,061,288+3.1m
JANE STREET GROUP, LLC Added +1,666,951+1.7m
MOORE CAPITAL MANAGEMENT, LP New +1,563,222+1.6m
BW Gestao de Investimentos Ltda. New +1,463,710+1.5m
Invesco Ltd. Added +864,631+864.6k
BlackRock Inc. Added +692,674+692.7k

Biggest sellers

Varma Mutual Pension Insurance Co Sold out -2,783,102-2.8m
GOLDMAN SACHS GROUP INC Reduced -2,528,826-2.5m
Bank of New York Mellon Corp Reduced -2,171,320-2.2m
BANK OF MONTREAL /CAN/ Reduced -2,130,884-2.1m
FIDUCIENT ADVISORS LLC Sold out -1,210,488-1.2m
Horizon Investments, LLC Reduced -1,145,035-1.1m
Choate Investment Advisors Reduced -804,056-804.1k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -789,347-789.3k
Junto Capital Management LP Reduced -735,525-735.5k
MKP Capital Management, L.L.C. Sold out -657,000-657.0k

Biggest calls

MOORE CAPITAL MANAGEMENT, LP New $994.1m6.3m shares
Antara Capital LP New $315.6m2.0m shares
BlackRock Inc. New $275.2m1.7m shares
CITADEL ADVISORS LLC Added $171.7m1.1m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $168.3m1.1m shares
Hudson Bay Capital Management LP New $142.2m901.2k shares
FIR TREE CAPITAL MANAGEMENT LP Added $66.5m421.5k shares
CITIGROUP INC New $47.3m300.0k shares
Waratah Capital Advisors Ltd. New $47.3m300.0k shares
BANK OF AMERICA CORP /DE/ New $32.0m203.0k shares

Biggest puts

BANK OF AMERICA CORP /DE/ New $263.0m1.7m shares
Sachem Head Capital Management LP New $159.4m1.0m shares
GOLDMAN SACHS GROUP INC Reduced $95.6m606.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $93.2m590.4k shares
CITADEL ADVISORS LLC Added $58.3m369.6k shares
WOLVERINE TRADING, LLC Reduced $38.1m241.6k shares
FIR TREE CAPITAL MANAGEMENT LP New $31.6m200.0k shares
Interval Partners, LP New $24.5m1.6k shares
WELLS FARGO & COMPANY/MN Added $18.5m117.3k shares
Walleye Capital LLC New $15.8m100.0k 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.31% of their portfolio NEW YORK, NY 44,990,04445.0m $7.1bn $7.1bn 0.31% Added +26.0m +26,048,894
2 BANK OF AMERICA CORP /DE/ 0.28% of their portfolio CHARLOTTE, NC 15,767,18715.8m $2.5bn $2.5bn 0.28% Added +3.1m +3,061,288
3 JPMORGAN CHASE & CO 0.08% of their portfolio NEW YORK, NY 9,531,9289.5m $1.5bn $1.5bn 0.08% Added +8.3m +8,344,493
4 TRUIST FINANCIAL CORP 1.93% of their portfolio CHARLOTTE, NC 7,687,4417.7m $1.2bn $1.2bn 1.93% Reduced -127.3k -127,314
5 WELLS FARGO & COMPANY/MN 0.28% of their portfolio SAN FRANCISCO, CA 6,194,7376.2m $977.5m $977.5m 0.28% Added +282.2k +282,247
6 UBS Group AG 0.38% of their portfolio ZURICH, V8 6,039,4836.0m $953.0m $953.0m 0.38% Added +90.8k +90,811
7 Clal Insurance Enterprises Holdings Ltd 11.26% of their portfolio Tel-aviv, L3 5,450,0005.5m $860.0m $860.0m 11.26% New
8 Invesco Ltd. 0.20% of their portfolio ATLANTA, GA 5,385,6685.4m $849.9m $849.9m 0.20% Added +864.6k +864,631
9 GOLDMAN SACHS GROUP INC 0.17% of their portfolio NEW YORK, NY 4,798,3074.8m $757.2m $757.2m 0.17% Reduced -2.5m -2,528,826
10 Balyasny Asset Management L.P. 1.86% of their portfolio Chicago, IL 4,254,7024.3m $671.4m $671.4m 1.86% New
11 KEYBANK NATIONAL ASSOCIATION/OH 2.82% of their portfolio BROOKLYN, OH 4,020,8784.0m $634.5m $634.5m 2.82% Reduced -533.4k -533,421
12 AMERIPRISE FINANCIAL INC 0.17% of their portfolio MINNEAPOLIS, MN 3,636,8043.6m $575.4m $575.4m 0.17% Added +516.7k +516,710
13 LPL Financial LLC 0.32% of their portfolio FORT MILL, SC 3,393,0783.4m $535.4m $535.4m 0.32% Added +65.6k +65,574
14 ENVESTNET ASSET MANAGEMENT INC 0.20% of their portfolio Berwyn, PA 3,106,5813.1m $490.2m $490.2m 0.20% Reduced -270.4k -270,385
15 Cresset Asset Management, LLC 2.76% of their portfolio Chicago, IL 2,879,8772.9m $454.4m $454.4m 2.76% Added +188.4k +188,443
16 CITIGROUP INC 0.59% of their portfolio NEW YORK, NY 2,817,7552.8m $444.6m $444.6m 0.59% Added +539.7k +539,677
17 ROYAL BANK OF CANADA 0.11% of their portfolio TORONTO, A6 2,701,0372.7m $426.2m $426.2m 0.11% Reduced -35.5k -35,538
18 SEI INVESTMENTS CO 0.60% of their portfolio OAKS, PA 2,370,6752.4m $374.1m $374.1m 0.60% Added +41.0k +41,003
19 Raymond James Financial Services Advisors, Inc. 0.54% of their portfolio ST. PETERSBURG, FL 2,117,4472.1m $334.1m $334.1m 0.54% Added +96.2k +96,150
20 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.36% of their portfolio MILWAUKEE, WI 2,035,8302.0m $321.3m $321.3m 0.36% Reduced -789.3k -789,347
21 JANE STREET GROUP, LLC 0.34% of their portfolio NEW YORK, NY 1,761,9821.8m $278.0m $278.0m 0.34% Added +1.7m +1,666,951
22 CHAI TRUST CO LLC 4.78% of their portfolio CHICAGO, IL 1,745,0311.7m $57.0m $57.0m 4.78% Added +39.2k +39,245
23 MOORE CAPITAL MANAGEMENT, LP 5.94% of their portfolio NEW YORK, NY 1,563,2221.6m $246.7m $246.7m 5.94% New
24 Bank of New York Mellon Corp 0.05% of their portfolio NEW YORK, NY 1,561,5811.6m $246.4m $246.4m 0.05% Reduced -2.2m -2,171,320
25 RAYMOND JAMES & ASSOCIATES 0.17% of their portfolio ST PETERSBURG, FL 1,471,2801.5m $232.2m $232.2m 0.17% Added +12.3k +12,325
26 BW Gestao de Investimentos Ltda. 26.28% of their portfolio SAO PAULO, D5 1,463,7101.5m $231.0m $231.0m 26.28% New
27 HighTower Advisors, LLC 0.35% of their portfolio CHICAGO, IL 1,338,6021.3m $211.3m $211.3m 0.35% Reduced -1.8k -1,796
28 LBMC INVESTMENT ADVISORS, LLC 19.88% of their portfolio BRENTWOOD, TN 1,325,4271.3m $209.2m $209.2m 19.88% Reduced -7.6k -7,607
29 BlackRock Inc. 0.01% of their portfolio New York, NY 1,312,4621.3m $207.1m $207.1m 0.01% Added +692.7k +692,674
30 Choate Investment Advisors 5.81% of their portfolio BOSTON, MA 1,189,9001.2m $187.8m $187.8m 5.81% Reduced -804.1k -804,056
31 Fiduciary Trust Co 2.96% of their portfolio Boston, MA 1,122,2631.1m $177.1m $177.1m 2.96% Added +45.0k +44,960
32 OSAIC HOLDINGS, INC. 0.31% of their portfolio SCOTTSDALE, AZ 1,109,4431.1m $175.1m $175.1m 0.31% Reduced -515.9k -515,936
33 MEITAV INVESTMENT HOUSE LTD 2.52% of their portfolio BENE-BERAQ, L3 1,085,9271.1m $171.3m $171.3m 2.52% Added +241.6k +241,600
34 COMMONWEALTH EQUITY SERVICES, LLC 0.31% of their portfolio WALTHAM, MA 1,083,0381.1m $170.9m $170.9m 0.31% Added +21.8k +21,811
35 STIFEL FINANCIAL CORP 0.18% of their portfolio ST. LOUIS, MO 915,257915.3k $144.4m $144.4m 0.18% Added +126.0k +126,036
36 Janney Montgomery Scott LLC 0.42% of their portfolio PHILADELPHIA, PA 826,021826.0k $130.3m $130.3m 0.42% Reduced -13.9k -13,866
37 Valeo Financial Advisors, LLC 4.97% of their portfolio CARMEL, IN 780,518780.5k $123.2m $123.2m 4.97% Reduced -171.3k -171,344
38 Jefferies Financial Group Inc. 1.84% of their portfolio NEW YORK, NY 744,979745.0k $117.6m $117.6m 1.84% Added +567.3k +567,270
39 Rockefeller Capital Management L.P. 0.39% of their portfolio NEW YORK, NY 737,223737.2k $116.3m $116.3m 0.39% Added +29.6k +29,571
40 DOW CHEMICAL CO /DE/ 17.23% of their portfolio MIDLAND, MI 684,353684.4k $108.0m $108.0m 17.23% Unchanged
41 MBB PUBLIC MARKETS I LLC 6.61% of their portfolio CHICAGO, IL 679,301679.3k $107.2m $107.2m 6.61% Added +379.1k +379,119
42 CITADEL ADVISORS LLC 0.11% of their portfolio MIAMI, FL 675,436675.4k $106.6m $106.6m 0.11% Added +476.1k +476,068
43 BARCLAYS PLC 0.05% of their portfolio LONDON, X0 633,463633.5k $100.0m $100.0m 0.05% Added +2.4k +2,435
44 GLENMEDE TRUST CO NA 0.50% of their portfolio PHILADELPHIA, PA 608,918608.9k $96.1m $96.1m 0.50% Added +19.1k +19,114
45 Junto Capital Management LP 2.17% of their portfolio NEW YORK, NY 597,265597.3k $94.2m $94.2m 2.17% Reduced -735.5k -735,525
46 Summit Trail Advisors, LLC 2.85% of their portfolio NEW YORK, NY 545,519545.5k $86.1m $86.1m 2.85% Added +47.3k +47,327
47 BROWN ADVISORY INC 0.12% of their portfolio BALTIMORE, MD 542,104542.1k $85.5m $85.5m 0.12% Added +1.9k +1,850
48 Private Advisor Group, LLC 0.66% of their portfolio MORRISTOWN, NJ 540,932540.9k $85.4m $85.4m 0.66% Added +10.5k +10,474
49 Cambridge Investment Research Advisors, Inc. 0.35% of their portfolio FAIRFIELD, IA 525,819525.8k $83.0m $83.0m 0.35% Added +151.4k +151,408
50 Csenge Advisory Group 5.13% of their portfolio CLEARWATER, FL 522,032522.0k $82.4m $82.4m 5.13% Added +12.2k +12,209
51 Stratos Wealth Partners, LTD. 1.50% of their portfolio BEACHWOOD, OH 511,117511.1k $80.7m $80.7m 1.50% Reduced -64.1k -64,060
52 BROADMARK ASSET MANAGEMENT LLC 100.00% of their portfolio DALLAS, TX 509,754509.8k $80.4m $80.4m 100.00% Added +84.2k +84,180
53 Endurance Services Ltd 15.86% of their portfolio PURCHASE, NY 507,500507.5k $80.1m $80.1m 15.86% First filing
54 SYNOVUS FINANCIAL CORP 1.08% of their portfolio Columbus, GA 483,156483.2k $76.2m $76.2m 1.08% Added +7.6k +7,638
55 Vectors Research Management, LLC 6.25% of their portfolio New York, NY 478,407478.4k $22.2m $22.2m 6.25% Added +376.6k +376,576
56 Waverly Advisors, LLC 2.79% of their portfolio BIRMINGHAM, AL 472,930472.9k $74.6m $74.6m 2.79% Added +8.4k +8,401
57 Kestra Advisory Services, LLC 0.59% of their portfolio AUSTIN, TX 463,166463.2k $73.1m $73.1m 0.59% Added +59.2k +59,152
58 SPX Gestao de Recursos Ltda 5.22% of their portfolio RIO DE JANEIRO, D5 427,170427.2k $67.4m $67.4m 5.22% New
59 PINNBROOK CAPITAL MANAGEMENT LP 15.53% of their portfolio NEW YORK, NY 421,008421.0k $66.4m $66.4m 15.53% New
60 CENTRAL TRUST Co 1.76% of their portfolio JEFFERSON CITY, MO 419,949419.9k $66.3m $66.3m 1.76% Reduced -10.0k -10,044
61 Baird Financial Group, Inc. 0.15% of their portfolio MILWAUKEE, WI 419,906419.9k $66.3m $66.3m 0.15% Added +12.5k +12,524
62 TOTAL INVESTMENT MANAGEMENT INC 8.28% of their portfolio SCOTTSDALE, AZ 413,196413.2k $65.2m $65.2m 8.28% Added +4.2k +4,204
63 FIRST MANHATTAN CO. LLC. 0.22% of their portfolio NEW YORK, NY 409,649409.6k $64.6m $64.6m 0.22% Added +239.0k +239,043
64 Qube Research & Technologies Ltd 0.14% of their portfolio LONDON, X0 405,125405.1k $63.9m $63.9m 0.14% Added +116.8k +116,772
65 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.22% of their portfolio TORONTO, A6 400,000400.0k $63.1m $63.1m 0.22% Unchanged
66 SCHRODER INVESTMENT MANAGEMENT GROUP 0.08% of their portfolio London, X0 397,263397.3k $62.7m $62.7m 0.08% New
67 Veltria Advisors Corp. 20.47% of their portfolio MIAMI, FL 388,879388.9k $61.4m $61.4m 20.47% Added +105.9k +105,861
68 Turim 21 Investimentos Ltda. 19.44% of their portfolio RIO DE JANEIRO, D5 385,255385.3k $60.8m $60.8m 19.44% Added +19.0k +19,022
69 MML INVESTORS SERVICES, LLC 0.28% of their portfolio SPRINGFIELD, MA 381,526381.5k $60.2m $60.2m 0.28% Added +47.5k +47,489
70 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 357,776357.8k $56.5m $56.5m 0.04% Added +2.0k +2,004
71 Venture Visionary Partners LLC 2.97% of their portfolio Sylvania, OH 355,726355.7k $56.1m $56.1m 2.97% Added +95.5k +95,543
72 Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. 10.02% of their portfolio FORT WORTH, TX 355,177355.2k $56.0m $56.0m 10.02% Added +7.0k +6,968
73 RFP Financial Group LLC 22.70% of their portfolio ATLANTA, GA 351,234351.2k $55.4m $55.4m 22.70% Added +181.4k +181,426
74 InterOcean Capital Group, LLC 1.44% of their portfolio NASHVILLE, TN 340,808340.8k $53.8m $53.8m 1.44% Added +43.6k +43,551
75 Mariner, LLC 0.12% of their portfolio Overland Park, KS 330,510330.5k $52.2m $52.2m 0.12% Added +51.7k +51,726
76 MAI Capital Management 0.69% of their portfolio INDEPENDENCE, OH 329,061329.1k $51.9m $51.9m 0.69% Added +34.7k +34,732
77 SOUTHERN FARM BUREAU LIFE INSURANCE 8.96% of their portfolio JACKSON, MS 328,428328.4k $51.8m $51.8m 8.96% Unchanged
78 BNP PARIBAS FINANCIAL MARKETS 0.09% of their portfolio PARIS, I0 328,358328.4k $51.8m $51.8m 0.09% Reduced -146.0k -146,031
79 Baltimore-Washington Financial Advisors, Inc. 3.56% of their portfolio Columbia, MD 325,307325.3k $51.3m $51.3m 3.56% Added +9.2k +9,230
80 NEUBERGER BERMAN GROUP LLC 0.04% of their portfolio NEW YORK, NY 320,833320.8k $50.6m $50.6m 0.04% Added +309.1k +309,084
81 Bricktown Capital, LLC 10.86% of their portfolio DETROIT, MI 320,824320.8k $50.6m $50.6m 10.86% Reduced -66.0k -65,983
82 Ally Financial Inc. 6.56% of their portfolio Detroit, MI 318,000318.0k $50.2m $50.2m 6.56% Added +253.0k +253,000
83 GYL Financial Synergies, LLC 4.13% of their portfolio West Hartford, CT 315,997316.0k $49.9m $49.9m 4.13% Added +314 +314
84 MANCHESTER FINANCIAL INC 13.87% of their portfolio Westlake Village, CA 314,625314.6k $49.6m $49.6m 13.87% Reduced -1.9k -1,947
85 TRUE Private Wealth Advisors 6.03% of their portfolio Salem, OR 301,705301.7k $47.6m $47.6m 6.03% Added +38.7k +38,702
86 SPC Financial, Inc. 4.77% of their portfolio ROCKVILLE, MD 296,379296.4k $46.8m $46.8m 4.77% Reduced -138.0k -137,973
87 Equitable Holdings, Inc. 0.58% of their portfolio NEW YORK, NY 295,480295.5k $46.6m $46.6m 0.58% Added +86.0k +86,033
88 Cetera Advisor Networks LLC 0.26% of their portfolio EL SEGUNDO, CA 293,758293.8k $46.4m $46.4m 0.26% Reduced -32.8k -32,821
89 Consolidated Investment Group LLC 8.04% of their portfolio ENGLEWOOD, CO 288,800288.8k $45.6m $45.6m 8.04% Unchanged
90 FLPUTNAM INVESTMENT MANAGEMENT CO 1.07% of their portfolio PORTLAND, ME 287,848287.8k $45.4m $45.4m 1.07% Reduced -127.0k -127,013
91 Vestcor Inc 1.49% of their portfolio FREDERICTON, A3 278,900278.9k $44.0m $44.0m 1.49% Added +69.9k +69,900
92 Forvis Mazars Wealth Advisors, LLC 1.18% of their portfolio Springfield, MO 269,354269.4k $42.5m $42.5m 1.18% Added +16.8k +16,760
93 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.12% of their portfolio PLYMOUTH, MN 266,395266.4k $42.0m $42.0m 0.12% Added +33.6k +33,615
94 FIL Ltd 0.04% of their portfolio HAMILTON, D0 262,026262.0k $41.3m $41.3m 0.04% New
95 SHUFRO ROSE & CO LLC 3.52% of their portfolio NEW YORK, NY 260,664260.7k $36.9m $36.9m 3.52% Reduced -1.5k -1,462
96 Focus Partners Wealth 0.53% of their portfolio ST LOUIS, MO 255,767255.8k $40.4m $40.4m 0.53% First filing
97 TUCKER ASSET MANAGEMENT LLC 9.92% of their portfolio LITTLETON, CO 251,713251.7k $39.7m $39.7m 9.92% Reduced -125.7k -125,722
98 Banco Santander, S.A. 0.47% of their portfolio Madrid, U3 250,496250.5k $39.5m $39.5m 0.47% Added +96.2k +96,182
99 CHOREO, LLC 1.07% of their portfolio ROCKFORD, IL 250,330250.3k $39.5m $39.5m 1.07% Added +244.6k +244,641
100 Aptus Capital Advisors, LLC 1.16% of their portfolio FAIRHOPE, AL 249,632249.6k $39.4m $39.4m 1.16% Reduced -65.7k -65,661