Vault-13

INVESCO EXCHANGE TRADED FD T RSP

S&P500 EQL WGT · ETP · CUSIP 46137V357

1,954 institutional holders +6 vs Q1 2025
286,017,991286.0m shares reported held*
$51.7bnreported value*
135 new 774 added 739 reduced 132 sold out net bought ≈ $472.8m (+2.6m 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 ($66.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $180.68. Options: 20 managers hold calls ($898.7m notional), 33 hold puts ($1.6bn).

Trends to Q2 2025

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: 1,516Q1 24: 1,581Q2 24: 1,605Q3 24: 1,700Q4 24: 1,917Q1 25: 1,948Q2 25: 1,9541,954Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 20221,076
Q4 20221,190
Q1 20231,213
Q2 20231,287
Q3 20231,332
Q4 20231,516
Q1 20241,581
Q2 20241,605
Q3 20241,700
Q4 20241,917
Q1 20251,948
Q2 20251,954

Buyers vs sellers

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

Bought or addedCut or sold out
2k02kQ3 23: 708 bought or addedQ3 23: 502 cut or sold outQ4 23: 780 bought or addedQ4 23: 520 cut or sold outQ4 23Q1 24: 859 bought or addedQ1 24: 595 cut or sold outQ2 24: 793 bought or addedQ2 24: 666 cut or sold outQ2 24Q3 24: 959 bought or addedQ3 24: 573 cut or sold outQ4 24: 987 bought or addedQ4 24: 604 cut or sold outQ4 24Q1 25: 1,063 bought or addedQ1 25: 737 cut or sold outQ2 25: 909 bought or addedQ2 25: 871 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023708502
Q4 2023780520
Q1 2024859595
Q2 2024793666
Q3 2024959573
Q4 2024987604
Q1 20251,063737
Q2 2025909871

Calls vs puts

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

CallsPuts
$0$1bn$2bn$3bn$4bnQ3 24 calls: $435.6mQ3 24 puts: $1.8bnQ3 24P/C 4.04Q4 24 calls: $1.5bnQ4 24 puts: $3.0bnQ4 24P/C 1.93Q1 25 calls: $1.6bnQ1 25 puts: $3.1bnQ1 25P/C 1.98Q2 25 calls: $898.7mQ2 25 puts: $1.6bnQ2 25P/C 1.81
Numbers
QuarterCallsPutsP/C
Q3 2024$435.6m$1.8bn4.04
Q4 2024$1.5bn$3.0bn1.93
Q1 2025$1.6bn$3.1bn1.98
Q2 2025$898.7m$1.6bn1.81

Biggest buyers

ROYAL BANK OF CANADA Added +3,060,154+3.1m
MORGAN STANLEY Added +2,913,755+2.9m
STATE OF WISCONSIN INVESTMENT BOARD Added +2,260,960+2.3m
North Peak Capital Management, LLC New +1,374,131+1.4m
Rockefeller Capital Management L.P. Added +1,357,183+1.4m
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +1,103,629+1.1m
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS Added +1,102,322+1.1m
Freedom Together Foundation New +1,100,000+1.1m
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Added +997,000+997.0k
BNP PARIBAS FINANCIAL MARKETS Added +839,335+839.3k

Biggest sellers

Employees Retirement System of Texas Sold out -2,629,372-2.6m
Caisse de depot et placement du Quebec Reduced -2,278,531-2.3m
TD Asset Management Inc Sold out -1,189,656-1.2m
JANE STREET GROUP, LLC Reduced -1,172,125-1.2m
TRUIST FINANCIAL CORP Reduced -1,085,983-1.1m
GOLDMAN SACHS GROUP INC Reduced -1,013,757-1.0m
Invesco Ltd. Reduced -1,007,507-1.0m
ENVESTNET ASSET MANAGEMENT INC Reduced -945,921-945.9k
CITADEL ADVISORS LLC Sold out -936,707-936.7k
Bank Julius Baer & Co. Ltd, Zurich Reduced -693,890-693.9k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $227.4m1.3m shares
CITADEL ADVISORS LLC Reduced $128.8m708.9k shares
JANE STREET GROUP, LLC Reduced $101.5m558.7k shares
BANK OF AMERICA CORP /DE/ Unchanged $90.9m500.0k shares
BlackRock, Inc. Added $88.1m484.8k shares
BARCLAYS PLC Unchanged $61.7m339.7k shares
TORONTO DOMINION BANK Unchanged $45.4m250.0k shares
GOLDMAN SACHS GROUP INC Unchanged $41.9m230.5k shares
UBS Group AG Reduced $36.3m199.9k shares
FIR TREE CAPITAL MANAGEMENT LP New $21.8m120.0k shares

Biggest puts

FARALLON CAPITAL MANAGEMENT, L.L.C. Not comparable $418.0m2.3m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $369.1m2.0m shares
CITADEL ADVISORS LLC Reduced $251.4m1.4m shares
JANE STREET GROUP, LLC Reduced $198.3m1.1m shares
UBS Group AG Reduced $109.1m600.1k shares
CITIGROUP INC Reduced $63.6m350.0k shares
GOLDMAN SACHS GROUP INC Reduced $45.5m250.5k shares
BASSWOOD CAPITAL MANAGEMENT, L.L.C. Added $37.7m207.3k shares
WELLS FARGO & COMPANY/MN Added $23.6m129.7k shares
WOLVERINE TRADING, LLC Reduced $14.6m80.6k 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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.39% of their portfolio NEW YORK, NY 32,653,25532.7m $5.9bn $5.9bn 0.39% Added +2.9m +2,913,755
2 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 3.27% of their portfolio MILWAUKEE, WI 24,657,67224.7m $4.5bn $4.5bn 3.27% Added +1.1m +1,103,629
3 BANK OF AMERICA CORP /DE/ 0.33% of their portfolio CHARLOTTE, NC 22,475,69222.5m $4.1bn $4.1bn 0.33% Added +262.9k +262,872
4 Invesco Ltd. 0.31% of their portfolio ATLANTA, GA 10,181,55410.2m $1.9bn $1.9bn 0.31% Reduced -1.0m -1,007,507
5 TEXAS PERMANENT SCHOOL FUND CORP 56.14% of their portfolio AUSTIN, TX 9,190,4919.2m $1.7bn $1.7bn 56.14% Added +8.7k +8,673
6 GOLDMAN SACHS GROUP INC 0.21% of their portfolio NEW YORK, NY 7,167,3117.2m $1.3bn $1.3bn 0.21% Reduced -1.0m -1,013,757
7 UBS Group AG 0.27% of their portfolio ZURICH, V8 7,143,3937.1m $1.3bn $1.3bn 0.27% Added +166.9k +166,858
8 WELLS FARGO & COMPANY/MN 0.28% of their portfolio SAN FRANCISCO, CA 6,934,1626.9m $1.3bn $1.3bn 0.28% Reduced -241.4k -241,403
9 STATE OF WISCONSIN INVESTMENT BOARD 3.04% of their portfolio MADISON, WI 6,845,8386.8m $1.2bn $1.2bn 3.04% Added +2.3m +2,260,960
10 ROYAL BANK OF CANADA 0.11% of their portfolio TORONTO, A6 6,260,9866.3m $1.1bn $1.1bn 0.11% Added +3.1m +3,060,154
11 JPMORGAN CHASE & CO 0.07% of their portfolio NEW YORK, NY 5,646,5605.6m $1.0bn $1.0bn 0.07% Added +589.4k +589,365
12 LPL Financial LLC 0.31% of their portfolio FORT MILL, SC 5,069,8645.1m $921.4m $921.4m 0.31% Reduced -190.9k -190,924
13 Cresset Asset Management, LLC 3.54% of their portfolio Chicago, IL 3,889,3353.9m $706.8m $706.8m 3.54% Reduced -98.0k -98,040
14 KEYBANK NATIONAL ASSOCIATION/OH 2.60% of their portfolio BROOKLYN, OH 3,843,6923.8m $698.6m $698.6m 2.60% Reduced -109.7k -109,731
15 Japan Science & Technology Agency 10.94% of their portfolio TOKYO, M0 3,792,1123.8m $689.2m $689.2m 10.94% Unchanged
16 RAYMOND JAMES FINANCIAL INC 0.23% of their portfolio ST. PETERSBURG, FL 3,673,8963.7m $667.7m $667.7m 0.23% Reduced -62.2k -62,234
17 AMERIPRISE FINANCIAL INC 0.16% of their portfolio MINNEAPOLIS, MN 3,652,5073.7m $663.7m $663.7m 0.16% Reduced -71.6k -71,634
18 TRUIST FINANCIAL CORP 0.88% of their portfolio CHARLOTTE, NC 3,294,3693.3m $598.7m $598.7m 0.88% Reduced -1.1m -1,085,983
19 BNP PARIBAS FINANCIAL MARKETS 0.45% of their portfolio PARIS, I0 3,184,8273.2m $578.8m $578.8m 0.45% Added +839.3k +839,335
20 Rockefeller Capital Management L.P. 0.55% of their portfolio NEW YORK, NY 2,581,3162.6m $469.1m $469.1m 0.55% Added +1.4m +1,357,183
21 ENVESTNET ASSET MANAGEMENT INC 0.11% of their portfolio Berwyn, PA 2,101,3872.1m $381.9m $381.9m 0.11% Reduced -945.9k -945,921
22 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.76% of their portfolio TORONTO, A6 2,082,0002.1m $378.4m $378.4m 0.76% Added +997.0k +997,000
23 Junto Capital Management LP 7.82% of their portfolio NEW YORK, NY 2,032,4912.0m $369.4m $369.4m 7.82% Added +587.0k +586,978
24 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 1.95% of their portfolio HARRISBURG, PA 2,027,5522.0m $368.5m $368.5m 1.95% Added +1.1m +1,102,322
25 CHAI TRUST CO LLC 4.66% of their portfolio CHICAGO, IL 1,865,4941.9m $76.1m $76.1m 4.66% Unchanged
26 Cerity Partners LLC 0.55% of their portfolio NEW YORK, NY 1,701,4571.7m $309.2m $309.2m 0.55% Added +329.8k +329,842
27 Bank of New York Mellon Corp 0.06% of their portfolio NEW YORK, NY 1,689,1361.7m $307.0m $307.0m 0.06% Added +4.3k +4,350
28 Phoenix Financial Ltd. 3.73% of their portfolio Givatayim, L3 1,554,0001.6m $282.4m $282.4m 3.73% Reduced -312 -312
29 North Peak Capital Management, LLC 19.61% of their portfolio NEW YORK, NY 1,374,1311.4m $249.7m $249.7m 19.61% New
30 HighTower Advisors, LLC 0.31% of their portfolio CHICAGO, IL 1,371,7941.4m $249.3m $249.3m 0.31% Reduced -136.9k -136,890
31 CITIGROUP INC 0.17% of their portfolio NEW YORK, NY 1,348,2531.3m $245.0m $245.0m 0.17% Added +186.2k +186,230
32 COMMONWEALTH EQUITY SERVICES, LLC 0.32% of their portfolio WALTHAM, MA 1,343,7101.3m $244.2m $244.2m 0.32% Reduced -367.4k -367,377
33 LBMC INVESTMENT ADVISORS, LLC 17.23% of their portfolio BRENTWOOD, TN 1,329,7401.3m $241.7m $241.7m 17.23% Reduced -1.1k -1,142
34 Horizon Investments, LLC 3.61% of their portfolio Charlotte, NC 1,255,1641.3m $228.1m $228.1m 3.61% Reduced -3.6k -3,603
35 Ally Financial Inc. 24.53% of their portfolio Detroit, MI 1,195,0001.2m $217.2m $217.2m 24.53% Added +60.0k +60,000
36 Focus Partners Wealth 0.45% of their portfolio ST LOUIS, MO 1,146,2351.1m $208.3m $208.3m 0.45% Added +111.7k +111,688
37 OSAIC HOLDINGS, INC. 0.36% of their portfolio SCOTTSDALE, AZ 1,106,9841.1m $201.3m $201.3m 0.36% Added +223.6k +223,575
38 Freedom Together Foundation 24.48% of their portfolio NEW YORK, NY 1,100,0001.1m $199.9m $199.9m 24.48% New
39 Corient Private Wealth LP 0.25% of their portfolio MIAMI, FL 1,015,6531.0m $184.5m $184.5m 0.25% Added +763.8k +763,825
40 STIFEL FINANCIAL CORP 0.18% of their portfolio ST. LOUIS, MO 993,373993.4k $180.5m $180.5m 0.18% Added +3.4k +3,388
41 MEITAV INVESTMENT HOUSE LTD 2.42% of their portfolio BENE-BERAQ, L3 986,210986.2k $179.3m $179.3m 2.42% Added +252.1k +252,056
42 SEI INVESTMENTS CO 0.19% of their portfolio OAKS, PA 918,466918.5k $166.9m $166.9m 0.19% Reduced -19.5k -19,478
43 Cambridge Investment Research Advisors, Inc. 0.49% of their portfolio FAIRFIELD, IA 883,193883.2k $160.5m $160.5m 0.49% Added +126.6k +126,594
44 BROWN ADVISORY INC 0.21% of their portfolio BALTIMORE, MD 867,080867.1k $157.6m $157.6m 0.21% Reduced -51.9k -51,899
45 Janney Montgomery Scott LLC 0.38% of their portfolio PHILADELPHIA, PA 795,087795.1k $144.5m $144.5m 0.38% Added +191.0k +191,021
46 Cercano Management LLC 4.07% of their portfolio BELLEVUE, WA 784,408784.4k $142.6m $142.6m 4.07% Reduced -16.5k -16,456
47 Summit Trail Advisors, LLC 2.44% of their portfolio NEW YORK, NY 783,662783.7k $142.4m $142.4m 2.44% Reduced -152.4k -152,393
48 Cetera Investment Advisers 0.24% of their portfolio SCHAUMBURG, IL 772,732772.7k $140.4m $140.4m 0.24% Reduced -235.0k -235,006
49 First Interstate Bank 8.01% of their portfolio Billings, MT 750,597750.6k $136.4m $136.4m 8.01% Reduced -69.0k -69,038
50 Valeo Financial Advisors, LLC 2.86% of their portfolio CARMEL, IN 719,108719.1k $116.1m $116.1m 2.86% Added +68.1k +68,079
51 Trust Co of Tennessee 30.39% of their portfolio KNOXVILLE, TN 717,617717.6k $130.4m $130.4m 30.39% Added +12.7k +12,703
52 CW Advisors, LLC 1.26% of their portfolio BOSTON, MA 715,904715.9k $130.1m $130.1m 1.26% Added +36.4k +36,378
53 CI INVESTMENTS INC. 0.48% of their portfolio TORONTO, Z4 705,470705.5k $128.2m $128.2m 0.48% Reduced -13.2k -13,216
54 US BANCORP \DE\ 0.16% of their portfolio MINNEAPOLIS, MN 677,793677.8k $123.2m $123.2m 0.16% Reduced -16.4k -16,360
55 Rock Creek Group LLC 13.88% of their portfolio Washington, DC 653,433653.4k $118.4m $118.4m 13.88% Added +15.2k +15,228
56 SYNOVUS FINANCIAL CORP 1.39% of their portfolio Columbus, GA 623,815623.8k $113.4m $113.4m 1.39% Added +17.1k +17,096
57 Csenge Advisory Group 5.53% of their portfolio CLEARWATER, FL 595,494595.5k $105.1m $105.1m 5.53% Added +5.7k +5,681
58 Clearstead Advisors, LLC 1.51% of their portfolio CLEVELAND, OH 593,262593.3k $107.8m $107.8m 1.51% Reduced -8.3k -8,332
59 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.18% of their portfolio PLYMOUTH, MN 581,706581.7k $107.7m $107.7m 0.18% Reduced -8.4k -8,414
60 MAI Capital Management 0.70% of their portfolio INDEPENDENCE, OH 556,734556.7k $101.2m $101.2m 0.70% Added +13.1k +13,075
61 Members Trust Co 3.36% of their portfolio TAMPA, FL 536,556536.6k $97.5m $97.5m 3.36% Reduced -29.9k -29,890
62 Waverly Advisors, LLC 1.06% of their portfolio BIRMINGHAM, AL 532,828532.8k $96.8m $96.8m 1.06% Reduced -51.6k -51,609
63 Glenmede Investment Management, LP 0.49% of their portfolio PHILADELPHIA, PA 531,112531.1k $96.5m $96.5m 0.49% First filing
64 Moment Partners, LLC 17.41% of their portfolio SAN FRANCISCO, CA 510,379510.4k $92.8m $92.8m 17.41% Reduced -13.7k -13,737
65 FIRST MANHATTAN CO. LLC. 0.26% of their portfolio NEW YORK, NY 501,600501.6k $91.2m $91.2m 0.26% Reduced -1.0k -1,011
66 Naman Capital Ltda 28.95% of their portfolio Sao Paulo, D5 490,199490.2k $89.1m $89.1m 28.95% Reduced -68.4k -68,357
67 MML INVESTORS SERVICES, LLC 0.25% of their portfolio SPRINGFIELD, MA 474,489474.5k $86.2m $86.2m 0.25% Reduced -108.6k -108,614
68 PNC Financial Services Group, Inc. 0.06% of their portfolio Pittsburgh, PA 472,132472.1k $85.8m $85.8m 0.06% Added +11.8k +11,754
69 Aptus Capital Advisors, LLC 0.85% of their portfolio FAIRHOPE, AL 471,910471.9k $85.8m $85.8m 0.85% Added +34.0k +33,988
70 CENTRAL TRUST Co 1.94% of their portfolio JEFFERSON CITY, MO 463,193463.2k $84.2m $84.2m 1.94% Added +14.9k +14,884
71 Vanderbilt University 15.88% of their portfolio NASHVILLE, TN 463,169463.2k $84.2m $84.2m 15.88% Added +1.8k +1,846
72 BARCLAYS PLC 0.03% of their portfolio LONDON, X0 439,102439.1k $79.8m $79.8m 0.03% Added +69.8k +69,815
73 MERCER GLOBAL ADVISORS INC /ADV 0.18% of their portfolio DENVER, CO 438,743438.7k $80.1m $80.1m 0.18% Reduced -2.6k -2,615
74 NorthCoast Asset Management LLC 0.34% of their portfolio STAMFORD, CT 438,618438.6k $79.7m $79.7m 0.34% Added +18.2k +18,169
75 Private Advisor Group, LLC 0.42% of their portfolio MORRISTOWN, NJ 433,620433.6k $78.8m $78.8m 0.42% Reduced -61.3k -61,261
76 FAS Wealth Partners, Inc. 5.75% of their portfolio LEAWOOD, KS 427,572427.6k $77.7m $77.7m 5.75% Added +34.4k +34,363
77 Kestra Advisory Services, LLC 0.36% of their portfolio AUSTIN, TX 407,230407.2k $74.0m $74.0m 0.36% Added +5.3k +5,325
78 Mariner, LLC 0.11% of their portfolio Overland Park, KS 406,144406.1k $73.8m $73.8m 0.11% Added +12.1k +12,096
79 Fiduciary Trust Co 0.91% of their portfolio Boston, MA 405,057405.1k $73.6m $73.6m 0.91% Reduced -95.1k -95,082
80 BLAIR WILLIAM & CO/IL 0.20% of their portfolio CHICAGO, IL 387,870387.9k $70.5m $70.5m 0.20% Added +5.1k +5,078
81 CIBC WORLD MARKET INC. 0.15% of their portfolio TORONTO, A6 384,939384.9k $70.0m $70.0m 0.15% Reduced -1.9k -1,931
82 Consolidated Investment Group LLC 9.26% of their portfolio ENGLEWOOD, CO 380,395380.4k $69.1m $69.1m 9.26% Added +14.0k +14,000
83 Dakota Wealth Management 1.45% of their portfolio PALM BEACH GARDENS, FL 380,120380.1k $69.1m $69.1m 1.45% Reduced -31.8k -31,760
84 CIBC Private Wealth Group LLC 0.12% of their portfolio ATLANTA, GA 378,661378.7k $68.8m $68.8m 0.12% Added +17.2k +17,177
85 Venture Visionary Partners LLC 2.54% of their portfolio Sylvania, OH 371,603371.6k $67.5m $67.5m 2.54% Added +5.5k +5,522
86 SPC Financial, Inc. 5.57% of their portfolio ROCKVILLE, MD 366,138366.1k $66.5m $66.5m 5.57% Reduced -61.5k -61,469
87 HSBC HOLDINGS PLC 0.04% of their portfolio LONDON, X0 354,977355.0k $64.4m $64.4m 0.04% Reduced -26.1k -26,130
88 CHOREO, LLC 0.88% of their portfolio ROCKFORD, IL 348,451348.5k $63.3m $63.3m 0.88% Reduced -2.3k -2,340
89 Banco Santander, S.A. 0.60% of their portfolio Madrid, U3 345,279345.3k $62.8m $62.8m 0.60% Added +128.6k +128,594
90 TOTAL INVESTMENT MANAGEMENT INC 9.06% of their portfolio SCOTTSDALE, AZ 345,132345.1k $62.7m $62.7m 9.06% Added +428 +428
91 Spider Management Company, LLC 23.58% of their portfolio RICHMOND, VA 343,186343.2k $62.4m $62.4m 23.58% Unchanged
92 Stratos Wealth Partners, LTD. 0.84% of their portfolio BEACHWOOD, OH 342,628342.6k $62.3m $62.3m 0.84% Reduced -20.9k -20,884
93 COMERICA BANK 0.24% of their portfolio DALLAS, TX 341,167341.2k $62.0m $62.0m 0.24% Added +14.8k +14,835
94 Baltimore-Washington Financial Advisors, Inc. 2.84% of their portfolio Columbia, MD 335,741335.7k $61.0m $61.0m 2.84% Reduced -2.8k -2,784
95 SOUTHERN FARM BUREAU LIFE INSURANCE 7.63% of their portfolio JACKSON, MS 328,428328.4k $59.7m $59.7m 7.63% Unchanged
96 NewEdge Advisors, LLC 0.31% of their portfolio NEW ORLEANS, LA 328,181328.2k $59.6m $59.6m 0.31% Added +66.3k +66,285
97 First Western Trust Bank 2.67% of their portfolio Denver, CO 326,390326.4k $59.3m $59.3m 2.67% Added +12.1k +12,112
98 NATIONAL BANK OF CANADA /FI/ 0.06% of their portfolio MONTREAL, A8 319,942319.9k $58.2m $58.2m 0.06% Added +86.8k +86,835
99 Heck Capital Advisors, LLC 4.95% of their portfolio Rhinelander, WI 316,836316.8k $57.6m $57.6m 4.95% Added +106.3k +106,306
100 Equitable Holdings, Inc. 0.46% of their portfolio NEW YORK, NY 307,950307.9k $56.0m $56.0m 0.46% Reduced -3.2k -3,166