Vault-13

INVESCO EXCHANGE TRADED FD T XMHQ

S&P MDCP QUALITY · ETP · CUSIP 46137V472

397 institutional holders +2 vs Q2 2025
31,940,17831.9m shares reported held*
$3.4bnreported value*
36 new 157 added 149 reduced 29 sold out net bought ≈ $1.8m (+17.6k 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 ($255.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $104.93. Options: 1 managers hold calls ($944.6k notional), 0 hold puts (—).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 77Q4 22: 84Q1 23: 85Q2 23: 125Q3 23: 158Q4 23: 213Q1 24: 284Q2 24: 313Q3 24: 348Q4 24: 405Q1 25: 404Q2 25: 395Q3 25: 397397Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 202277
Q4 202284
Q1 202385
Q2 2023125
Q3 2023158
Q4 2023213
Q1 2024284
Q2 2024313
Q3 2024348
Q4 2024405
Q1 2025404
Q2 2025395
Q3 2025397

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 23: 163 bought or addedQ4 23: 37 cut or sold outQ1 24: 217 bought or addedQ1 24: 63 cut or sold outQ1 24Q2 24: 229 bought or addedQ2 24: 89 cut or sold outQ3 24: 252 bought or addedQ3 24: 90 cut or sold outQ3 24Q4 24: 249 bought or addedQ4 24: 112 cut or sold outQ1 25: 210 bought or addedQ1 25: 202 cut or sold outQ1 25Q2 25: 180 bought or addedQ2 25: 211 cut or sold outQ3 25: 193 bought or addedQ3 25: 178 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 202316337
Q1 202421763
Q2 202422989
Q3 202425290
Q4 2024249112
Q1 2025210202
Q2 2025180211
Q3 2025193178

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5m$2mQ4 24 calls: $413.6kQ4 24 puts: $9.8kQ4 24P/C 0.02Q1 25 calls: $430.2kQ1 25 puts: $631.6kQ1 25P/C 1.47Q2 25 calls: $1.8mQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $944.6kQ3 25 puts: $0Q3 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q4 2024$413.6k$9.8k0.02
Q1 2025$430.2k$631.6k1.47
Q2 2025$1.8m$00.00
Q3 2025$944.6k$00.00

Biggest buyers

VANTAGEPOINT INVESTMENT ADVISERS LLC New +1,506,189+1.5m
Cetera Investment Advisers Added +405,035+405.0k
MORGAN STANLEY Added +146,599+146.6k
CWM, LLC Added +106,081+106.1k
JONES FINANCIAL COMPANIES LLLP Added +102,731+102.7k
EQUITABLE TRUST CO New +88,446+88.4k
BANK OF AMERICA CORP /DE/ Added +85,149+85.1k
PCG Wealth Advisors, LLC New +51,688+51.7k
PSI Advisors, LLC New +51,165+51.2k
BNP PARIBAS FINANCIAL MARKETS New +50,000+50.0k

Biggest sellers

Thrivent Financial for Lutherans Sold out -604,422-604.4k
ROYAL BANK OF CANADA Reduced -276,977-277.0k
AMERIPRISE FINANCIAL INC Reduced -262,638-262.6k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -220,409-220.4k
Syntegra Private Wealth Group, LLC Reduced -197,732-197.7k
ENVESTNET ASSET MANAGEMENT INC Reduced -185,627-185.6k
HighTower Advisors, LLC Reduced -178,969-179.0k
ADAMSBROWN WEALTH CONSULTANTS LLC Reduced -167,275-167.3k
MML INVESTORS SERVICES, LLC Reduced -165,430-165.4k
Spectrum Wealth Advisory Group, LLC Reduced -146,475-146.5k

Biggest calls

CITADEL ADVISORS LLC Reduced $944.6k9.0k shares

Biggest puts

None

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, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.15% of their portfolio FORT MILL, SC 4,950,0855.0m $519.6m $519.6m 0.15% Added +35.5k +35,481
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,160,4092.2m $226.8m $226.8m 0.01% Added +146.6k +146,599
3 VANTAGEPOINT INVESTMENT ADVISERS LLC 1.29% of their portfolio WASHINGTON, DC 1,506,1891.5m $158.1m $158.1m 1.29% New
4 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.09% of their portfolio MILWAUKEE, WI 1,308,0321.3m $137.3m $137.3m 0.09% Reduced -220.4k -220,409
5 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 1,187,4061.2m $124.6m $124.6m 0.03% Reduced -262.6k -262,638
6 Cetera Investment Advisers 0.14% of their portfolio SCHAUMBURG, IL 1,171,7311.2m $123.0m $123.0m 0.14% Added +405.0k +405,035
7 RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio ST. PETERSBURG, FL 980,272980.3k $102.9m $102.9m 0.03% Reduced -32.6k -32,596
8 COMMONWEALTH EQUITY SERVICES, LLC 0.13% of their portfolio WALTHAM, MA 967,085967.1k $101.5m $101.5m 0.13% Reduced -54.2k -54,210
9 JONES FINANCIAL COMPANIES LLLP 0.05% of their portfolio DES PERES, MO 706,521706.5k $74.2m $74.2m 0.05% Added +102.7k +102,731
10 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 650,657650.7k $68.3m $68.3m 0.01% Added +85.1k +85,149
11 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 520,475520.5k $54.6m $54.6m 0.01% Reduced -42.0k -41,984
12 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 509,380509.4k $53.4m $53.4m 0.07% Added +18.8k +18,766
13 Focus Partners Wealth 0.08% of their portfolio ST LOUIS, MO 455,761455.8k $47.8m $47.8m 0.08% Added +24.8k +24,805
14 STIFEL FINANCIAL CORP 0.04% of their portfolio ST. LOUIS, MO 449,728449.7k $47.2m $47.2m 0.04% Added +4.0k +3,984
15 Cambridge Investment Research Advisors, Inc. 0.11% of their portfolio FAIRFIELD, IA 366,283366.3k $38.4m $38.4m 0.11% Reduced -25.8k -25,754
16 STRAIGHTLINE GROUP LLC 20.79% of their portfolio TROY, MI 343,563343.6k $36.1m $36.1m 20.79% Added +21.0k +20,963
17 Focus Financial Network, Inc. 1.19% of their portfolio MINNEAPOLIS, MN 319,064319.1k $33.5m $33.5m 1.19% Added +7.6k +7,581
18 Trilogy Capital Inc. 1.52% of their portfolio IRVINE, CA 313,294313.3k $32.9m $32.9m 1.52% Reduced -14.7k -14,722
19 TruWealth Advisors, LLC 1.64% of their portfolio Metairie, LA 309,091309.1k $32.4m $32.4m 1.64% Added +5.4k +5,368
20 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 307,845307.8k $32.3m $32.3m 0.01% Reduced -185.6k -185,627
21 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 302,746302.7k $31.8m $31.8m 0.04% Reduced -179.0k -178,969
22 NewEdge Advisors, LLC 0.14% of their portfolio NEW ORLEANS, LA 301,634301.6k $31.7m $31.7m 0.14% Added +9.9k +9,928
23 UMB Bank, n.a. 0.46% of their portfolio Kansas City, MO 296,526296.5k $31.1m $31.1m 0.46% Added +25.3k +25,347
24 Crestwood Advisors Group, LLC 0.50% of their portfolio BOSTON, MA 278,394278.4k $29.2m $29.2m 0.50% Added +10.2k +10,235
25 Capital Planning Advisors, LLC 3.96% of their portfolio Roseville, CA 274,950274.9k $28.9m $28.9m 3.96% Added +840 +840
26 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 238,593238.6k $25.0m $25.0m 0.00% Reduced -277.0k -276,977
27 Atlantic Union Bankshares Corp 0.45% of their portfolio GLEN ALLEN, VA 225,703225.7k $23.7m $23.7m 0.45% Added +26.2k +26,165
28 Private Advisor Group, LLC 0.10% of their portfolio MORRISTOWN, NJ 196,607196.6k $20.6m $20.6m 0.10% Added +12.4k +12,357
29 UBS Group AG 0.00% of their portfolio ZURICH, V8 188,051188.1k $19.7m $19.7m 0.00% Reduced -23.0k -22,984
30 KPP Advisory Services LLC 2.90% of their portfolio Louisville, KY 186,274186.3k $19.6m $19.6m 2.90% Reduced -1.6k -1,649
31 MML INVESTORS SERVICES, LLC 0.05% of their portfolio SPRINGFIELD, MA 182,940182.9k $19.2m $19.2m 0.05% Reduced -165.4k -165,430
32 TRUST CO OF TOLEDO NA /OH/ 1.84% of their portfolio HOLLAND, OH 174,793174.8k $18.3m $18.3m 1.84% Added +14.5k +14,510
33 WFA Asset Management Corp 9.54% of their portfolio WHITEFISH BAY, WI 171,079171.1k $17.5m $17.5m 9.54% Added +29.3k +29,321
34 Foundations Investment Advisors, LLC 0.25% of their portfolio PHOENIX, AZ 164,359164.4k $17.3m $17.3m 0.25% Reduced -4.4k -4,443
35 SAX WEALTH ADVISORS, LLC 0.92% of their portfolio PARSIPPANY, NJ 163,570163.6k $17.2m $17.2m 0.92% Added +14.0k +14,046
36 Equitable Holdings, Inc. 0.13% of their portfolio NEW YORK, NY 162,393162.4k $17.0m $17.0m 0.13% Added +5.8k +5,840
37 Kestra Advisory Services, LLC 0.07% of their portfolio AUSTIN, TX 155,426155.4k $16.3m $16.3m 0.07% Reduced -5.3k -5,343
38 HUNTER ASSOCIATES INVESTMENT MANAGEMENT LLC 2.19% of their portfolio PITTSBURGH, PA 150,158150.2k $15.8m $15.8m 2.19% Added +11.0k +10,974
39 KESTRA PRIVATE WEALTH SERVICES, LLC 0.20% of their portfolio AUSTIN, TX 147,276147.3k $15.5m $15.5m 0.20% Added +4.2k +4,189
40 Family Investment Center, Inc. 3.08% of their portfolio Saint Joseph, MO 141,467141.5k $14.8m $14.8m 3.08% Added +2.0k +2,015
41 Gerber Kawasaki Wealth & Investment Management 0.50% of their portfolio SANTA MONICA, CA 137,633137.6k $14.4m $14.4m 0.50% Added +11.9k +11,857
42 Wealthspire Retirement, LLC 0.92% of their portfolio ALISO VIEJO, CA 137,114137.1k $14.4m $14.4m 0.92% Added +7.8k +7,783
43 Masso Torrence Wealth Management Inc. 5.91% of their portfolio MARLTON, NJ 135,415135.4k $14.2m $14.2m 5.91% Added +1.3k +1,298
44 Bleakley Financial Group, LLC 0.32% of their portfolio PARSIPPANY, NJ 131,235131.2k $13.8m $13.8m 0.32% Added +15.6k +15,593
45 Stratos Wealth Partners, LTD. 0.15% of their portfolio BEACHWOOD, OH 125,053125.1k $13.1m $13.1m 0.15% Reduced -31.6k -31,649
46 WCG Wealth Advisors LLC 0.82% of their portfolio LAS VEGAS, NV 123,910123.9k $13.0m $13.0m 0.82% Added +15.7k +15,728
47 CWM, LLC 0.04% of their portfolio OMAHA, NE 118,759118.8k $12.5m $12.5m 0.04% Added +106.1k +106,081
48 Madrona Financial Services, LLC 2.73% of their portfolio EVERETT, WA 117,678117.7k $12.4m $12.4m 2.73% Added +1.6k +1,610
49 Sowell Financial Services LLC 0.46% of their portfolio NORTH LITTLE ROCK, AR 114,382114.4k $12.0m $12.0m 0.46% Added +2.0k +1,996
50 First International Bank & Trust 4.12% of their portfolio WATFORD CITY, ND 113,058113.1k $11.9m $11.9m 4.12% Reduced -1.5k -1,540
51 NBZ Investment Advisors LLC 6.14% of their portfolio KNOXVILLE, TN 111,767111.8k $11.7m $11.7m 6.14% Added +11.6k +11,642
52 Traction Financial Partners, LLC 7.18% of their portfolio LITTLETON, CO 110,809110.8k $11.6m $11.6m 7.18% Added +13.8k +13,824
53 SMITH, MOORE & CO. 0.87% of their portfolio CLAYTON, MO 108,105108.1k $11.3m $11.3m 0.87% Added +1.1k +1,077
54 Orion Porfolio Solutions, LLC 0.09% of their portfolio OMAHA, NE 107,474107.5k $11.3m $11.3m 0.09% Added +5.9k +5,921
55 ENZI WEALTH 3.91% of their portfolio AUSTIN, TX 106,874106.9k $11.1m $11.1m 3.91% Added +640 +640
56 Fifth Third Securities, Inc. 0.76% of their portfolio Cincinnati, OH 106,417106.4k $11.2m $11.2m 0.76% Reduced -1.3k -1,298
57 Corecam Pte. Ltd. 5.96% of their portfolio SINGAPORE, U0 106,370106.4k $11.2m $11.2m 5.96% Added +7.4k +7,440
58 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 98,37698.4k $10.3m $10.3m 0.02% Reduced -9.0k -9,000
59 THOROUGHBRED FINANCIAL SERVICES, LLC 0.62% of their portfolio BRENTWOOD, TN 95,35495.4k $10.0m $10.0m 0.62% Reduced -1.3k -1,334
60 Merit Financial Group, LLC 0.09% of their portfolio ALPHARETTA, GA 90,79790.8k $9.5m $9.5m 0.09% Reduced -1.2k -1,163
61 WESCAP Management Group, Inc. 1.99% of their portfolio Glendale, CA 90,26390.3k $9.5m $9.5m 1.99% Added +3.3k +3,311
62 PRECEDENT WEALTH PARTNERS, LLC 2.08% of their portfolio HOUSTON, TX 90,13490.1k $9.5m $9.5m 2.08% Added +11.4k +11,392
63 EQUITABLE TRUST CO 0.43% of their portfolio NASHVILLE, TN 88,44688.4k $9.3m $9.3m 0.43% New
64 Modern Wealth Management, LLC 0.18% of their portfolio KANSAS CITY, MO 86,83786.8k $9.1m $9.1m 0.18% Added +1.0k +1,041
65 DAHRING | CUSMANO LLC 6.58% of their portfolio NOVI, MI 86,77986.8k $9.1m $9.1m 6.58% Added +4.1k +4,089
66 Altus Wealth Group LLC 3.73% of their portfolio COLORADO SPRINGS, CO 86,49386.5k $9.1m $9.1m 3.73% Reduced -3.4k -3,403
67 NewEdge Wealth, LLC 0.12% of their portfolio STAMFORD, CT 83,60983.6k $8.6m $8.6m 0.12% Reduced -11.8k -11,795
68 Concord Wealth Partners 1.18% of their portfolio ABINGDON, VA 81,18181.2k $8.5m $8.5m 1.18% Added +823 +823
69 Clark Wealth Partners 4.98% of their portfolio O'FALLON, IL 79,74479.7k $8.2m $8.2m 4.98% Added +36.8k +36,755
70 Concord Asset Management, LLC/VA 1.51% of their portfolio ABINGDON, VA 79,32579.3k $8.3m $8.3m 1.51% Reduced -1.0k -1,033
71 Trivium Point Advisory, LLC 0.84% of their portfolio WILTON, CT 78,52178.5k $8.2m $8.2m 0.84% Added +4.6k +4,583
72 PREVAIL INNOVATIVE WEALTH ADVISORS, LLC 1.49% of their portfolio LEAWOOD, KS 73,04473.0k $7.7m $7.7m 1.49% Added +9.9k +9,852
73 ATTICUS WEALTH MANAGEMENT, LLC 1.93% of their portfolio Palm Beach Gardens, FL 72,86672.9k $7.6m $7.6m 1.93% Reduced -238 -238
74 Cornerstone Wealth Management, LLC 0.42% of their portfolio ST. PETERS, MO 72,45172.5k $7.6m $7.6m 0.42% Added +2.5k +2,457
75 IHT Wealth Management, LLC 0.19% of their portfolio Chicago, IL 72,09672.1k $7.6m $7.6m 0.19% Added +2.7k +2,721
76 DHJJ Financial Advisors, Ltd. 2.49% of their portfolio NAPERVILLE, IL 69,84369.8k $7.3m $7.3m 2.49% Added +2.3k +2,263
77 Anfield Capital Management, LLC 2.14% of their portfolio IRVINE, CA 69,23569.2k $7.3m $7.3m 2.14% Added +1.9k +1,877
78 USAdvisors Wealth Management, LLC 2.49% of their portfolio EDEN PRAIRIE, MN 68,82668.8k $7.2m $7.2m 2.49% Added +3.3k +3,329
79 MGO ONE SEVEN LLC 0.17% of their portfolio Beachwood, OH 68,78868.8k $7.2m $7.2m 0.17% Reduced -5.5k -5,509
80 Wealthcare Advisory Partners LLC 0.15% of their portfolio WEST CHESTER, PA 68,04668.0k $7.1m $7.1m 0.15% Added +1.5k +1,518
81 HARBOUR INVESTMENTS, INC. 0.16% of their portfolio MADISON, WI 66,38466.4k $7.0m $7.0m 0.16% Added +4.4k +4,435
82 PRINCIPAL SECURITIES, INC. 0.11% of their portfolio DES MOINES, IA 65,72065.7k $6.9m $6.9m 0.11% Reduced -4.2k -4,220
83 LEVEL FOUR ADVISORY SERVICES, LLC 0.24% of their portfolio DALLAS, TX 65,43065.4k $6.9m $6.9m 0.24% Reduced -7.5k -7,462
84 Berkeley, Inc 2.20% of their portfolio Boise, ID 65,23065.2k $6.8m $6.8m 2.20% Added +2.9k +2,938
85 Principle Wealth Partners LLC 0.38% of their portfolio MADISON, CT 62,47662.5k $6.6m $6.6m 0.38% Reduced -5.3k -5,348
86 Mason & Associates Inc 1.30% of their portfolio LOS ANGELES, CA 61,52561.5k $6.5m $6.5m 1.30% Added +3.2k +3,187
87 Burns Matteson Capital Management, LLC 2.69% of their portfolio CORNING, NY 61,03661.0k $6.4m $6.4m 2.69% Added +1.4k +1,374
88 LIBERTY SQUARE WEALTH PARTNERS LLC 1.97% of their portfolio BETHLEHEM, PA 60,86160.9k $6.4m $6.4m 1.97% Added +16.0k +16,042
89 Spectrum Wealth Advisory Group, LLC 2.60% of their portfolio GRANITE BAY, CA 60,11660.1k $6.3m $6.3m 2.60% Reduced -146.5k -146,475
90 Lighthouse Wealth Management Inc. 5.09% of their portfolio ASHLAND, OH 59,68559.7k $6.3m $6.3m 5.09% Reduced -11.0k -11,030
91 ADAMSBROWN WEALTH CONSULTANTS LLC 1.64% of their portfolio WICHITA, KS 56,81456.8k $6.0m $6.0m 1.64% Reduced -167.3k -167,275
92 DENVER WEALTH MANAGEMENT, INC. 2.19% of their portfolio DENVER, CO 56,73556.7k $6.0m $6.0m 2.19% Added +45.2k +45,178
93 Forge Financial Services LLC 2.78% of their portfolio EDMOND, OK 56,40256.4k $5.9m $5.9m 2.78% Added +4.0k +3,962
94 Aspen Wealth Strategies, LLC 3.31% of their portfolio ARVADA, CO 56,25256.3k $5.9m $5.9m 3.31% Reduced -1.4k -1,377
95 World Investment Advisors 0.12% of their portfolio LINCROFT, NJ 55,93955.9k $5.9m $5.9m 0.12% Added +2.0k +2,045
96 LIBERTY ONE INVESTMENT MANAGEMENT, LLC 0.33% of their portfolio LIBERTYVILLE, IL 55,72155.7k $5.8m $5.8m 0.33% Reduced -1.4k -1,429
97 CENTRAL TRUST Co 0.12% of their portfolio JEFFERSON CITY, MO 55,29455.3k $5.8m $5.8m 0.12% Reduced -2.0k -1,956
98 WealthCare Investment Partners, LLC 1.85% of their portfolio PORTSMOUTH, RI 54,26054.3k $5.7m $5.7m 1.85% Reduced -3.2k -3,240
99 Snider Financial Group 1.49% of their portfolio BELLEVUE, WA 52,02552.0k $5.5m $5.5m 1.49% Added +741 +741
100 PCG Wealth Advisors, LLC 1.58% of their portfolio OVERLAND PARK, KS 51,68851.7k $5.4m $5.4m 1.58% New