Vault-13

INVESCO EXCHANGE TRADED FD T XSVM

S&P SMCP VLU MNT · ETP · CUSIP 46137V480

118 institutional holders -5 vs Q1 2025
6,477,3466.5m shares reported held*
$336.9mreported value*
8 new 28 added 63 reduced 16 sold out net sold ≈ $58.1m (-1.1m 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. Holder counts are more reliable. Implied quarter-end price ≈ $52.01.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 119Q4 22: 126Q1 23: 117Q2 23: 114Q3 23: 108Q4 23: 129Q1 24: 129Q2 24: 136Q3 24: 132Q4 24: 136Q1 25: 123Q2 25: 118118Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022119
Q4 2022126
Q1 2023117
Q2 2023114
Q3 2023108
Q4 2023129
Q1 2024129
Q2 2024136
Q3 2024132
Q4 2024136
Q1 2025123
Q2 2025118

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 59 bought or addedQ3 23: 50 cut or sold outQ4 23: 57 bought or addedQ4 23: 54 cut or sold outQ4 23Q1 24: 73 bought or addedQ1 24: 54 cut or sold outQ2 24: 80 bought or addedQ2 24: 45 cut or sold outQ2 24Q3 24: 74 bought or addedQ3 24: 57 cut or sold outQ4 24: 68 bought or addedQ4 24: 55 cut or sold outQ4 24Q1 25: 55 bought or addedQ1 25: 74 cut or sold outQ2 25: 36 bought or addedQ2 25: 79 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20235950
Q4 20235754
Q1 20247354
Q2 20248045
Q3 20247457
Q4 20246855
Q1 20255574
Q2 20253679

Calls vs puts

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

CallsPuts
$0$2k$4k$6kQ3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $5.4kQ4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $0Q1 25 puts: $5.0kQ1 25P/C —Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —
Numbers
QuarterCallsPutsP/C
Q3 2024$0$0—
Q4 2024$5.4k$00.00
Q1 2025$0$5.0k—
Q2 2025$0$0—

Biggest buyers

ROYAL BANK OF CANADA Added +59,722+59.7k
UBS Group AG Added +28,930+28.9k
360 Financial, Inc. Added +18,530+18.5k
OSAIC HOLDINGS, INC. Added +18,153+18.2k
Valmark Advisers, Inc. Added +17,254+17.3k
DOPKINS WEALTH MANAGEMENT, LLC Added +17,015+17.0k
Focus Partners Advisor Solutions, LLC Added +17,014+17.0k
Integrated Wealth Concepts LLC New +16,711+16.7k
Kellett Wealth Advisors, LLC Added +15,943+15.9k
Kestra Advisory Services, LLC Added +9,956+10.0k

Biggest sellers

CWM, LLC Reduced -319,941-319.9k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -173,163-173.2k
MORGAN STANLEY Reduced -163,750-163.8k
LPL Financial LLC Reduced -141,350-141.3k
AVANTAX ADVISORY SERVICES, INC. Reduced -54,483-54.5k
RAYMOND JAMES FINANCIAL INC Reduced -42,823-42.8k
TWO SIGMA INVESTMENTS, LP Reduced -37,300-37.3k
Janney Montgomery Scott LLC Reduced -33,595-33.6k
Arax Advisory Partners Reduced -27,788-27.8k
MML INVESTORS SERVICES, LLC Reduced -26,345-26.3k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,086,8581.1m $56.5m $56.5m 0.02% Reduced -141.3k -141,350
2 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 479,678479.7k $24.9m $24.9m 0.00% Reduced -16.9k -16,890
3 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 430,831430.8k $22.4m $22.4m 0.03% Reduced -173.2k -173,163
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 374,500374.5k $19.5m $19.5m 0.00% Reduced -163.8k -163,750
5 360 Financial, Inc. 5.15% of their portfolio WAYZATA, MN 313,944313.9k $16.3m $16.3m 5.15% Added +18.5k +18,530
6 Valmark Advisers, Inc. 0.21% of their portfolio AKRON, OH 295,307295.3k $15.4m $15.4m 0.21% Added +17.3k +17,254
7 CWM, LLC 0.05% of their portfolio OMAHA, NE 252,581252.6k $13.1m $13.1m 0.05% Reduced -319.9k -319,941
8 AVANTAX ADVISORY SERVICES, INC. 0.07% of their portfolio DALLAS, TX 245,514245.5k $12.8m $12.8m 0.07% Reduced -54.5k -54,483
9 Traction Financial Partners, LLC 5.60% of their portfolio LITTLETON, CO 158,750158.8k $8.3m $8.3m 5.60% Reduced -17.3k -17,291
10 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 158,348158.3k $8.2m $8.2m 0.00% Added +59.7k +59,722
11 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 148,063148.1k $7.7m $7.7m 0.01% Added +18.2k +18,153
12 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 118,503118.5k $6.2m $6.2m 0.02% Reduced -33.6k -33,595
13 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 117,775117.8k $6.1m $6.1m 0.00% Reduced -19.7k -19,709
14 CW Advisors, LLC 0.06% of their portfolio BOSTON, MA 116,026116.0k $6.0m $6.0m 0.06% Reduced -7.6k -7,561
15 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 104,756104.8k $5.4m $5.4m 0.02% Reduced -26.3k -26,345
16 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 103,380103.4k $5.4m $5.4m 0.00% Reduced -1.5k -1,494
17 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 99,18299.2k $5.2m $5.2m 0.01% Reduced -4.4k -4,354
18 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 96,71296.7k $5.0m $5.0m 0.00% Reduced -42.8k -42,823
19 Altman Advisors, Inc. 1.90% of their portfolio CHICAGO, IL 87,44787.4k $4.7m $4.7m 1.90% Added +2.4k +2,373
20 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 79,22679.2k $4.1m $4.1m 0.02% Added +8.2k +8,189
21 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 77,50077.5k $4.0m $4.0m 0.01% Reduced -37.3k -37,300
22 Cooper Financial Group 0.42% of their portfolio IRVINE, CA 68,66668.7k $3.6m $3.6m 0.42% Added +241 +241
23 UBS Group AG 0.00% of their portfolio ZURICH, V8 68,46968.5k $3.6m $3.6m 0.00% Added +28.9k +28,930
24 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 68,05968.1k $3.5m $3.5m 0.01% Reduced -5.3k -5,332
25 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 67,41667.4k $3.5m $3.5m 0.00% Reduced -4.0k -3,993
26 Kellett Wealth Advisors, LLC 2.15% of their portfolio CINCINNATI, OH 63,39663.4k $3.3m $3.3m 2.15% Added +15.9k +15,943
27 MONECO ADVISORS, LLC 0.30% of their portfolio FAIRFIELD, CT 61,91861.9k $3.2m $3.2m 0.30% Reduced -12.1k -12,071
28 Fermata Advisors, LLC 0.71% of their portfolio SONOMA, CA 51,19551.2k $2.7m $2.7m 0.71% Reduced -3.2k -3,184
29 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 47,38647.4k $2.5m $2.5m 0.00% Reduced -6.8k -6,804
30 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 46,59546.6k $2.4m $2.4m 0.00% Reduced -12.8k -12,755
31 Premier Path Wealth Partners, LLC 0.33% of their portfolio MADISON, NJ 46,08446.1k $2.4m $2.4m 0.33% Added +1.4k +1,405
32 Focus Partners Advisor Solutions, LLC 0.03% of their portfolio SAINT LOUIS, MO 45,46845.5k $2.4m $2.4m 0.03% Added +17.0k +17,014
33 DOPKINS WEALTH MANAGEMENT, LLC 1.05% of their portfolio WILLIAMSVILLE, NY 45,08145.1k $2.3m $2.3m 1.05% Added +17.0k +17,015
34 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 35,71135.7k $1.9m $1.9m 0.00% Added +3.4k +3,439
35 Apex Wealth Management, LLC 1.42% of their portfolio BEDFORD, NH 34,16534.2k $1.8m $1.8m 1.42% Added +102 +102
36 Fortress Wealth Management, Inc. 0.83% of their portfolio Culver City, CA 33,07133.1k $1.7m $1.7m 0.83% Added +51 +51
37 Stratos Wealth Partners, LTD. 0.02% of their portfolio BEACHWOOD, OH 31,93831.9k $1.7m $1.7m 0.02% Added +367 +367
38 Tolleson Wealth Management, Inc. 0.27% of their portfolio DALLAS, TX 30,00030.0k $1.6m $1.6m 0.27% Unchanged
39 Bestgate Wealth Advisors, LLC 3.09% of their portfolio FREDERICK, MD 29,68529.7k $1.5m $1.5m 3.09% Unchanged
40 Spire Wealth Management 0.05% of their portfolio MCLEAN, VA 27,15527.2k $1.4m $1.4m 0.05% Reduced -2.1k -2,127
41 CHB Investment Group, LLC 0.71% of their portfolio NEW HOPE, PA 26,72526.7k $1.4m $1.4m 0.71% Reduced -338 -338
42 HBW ADVISORY SERVICES LLC 0.16% of their portfolio SIMI VALLEY, CA 25,01425.0k $1.3m $1.3m 0.16% Added +2.5k +2,450
43 LOWERY THOMAS, LLC 0.81% of their portfolio PEBBLE BEACH, CA 24,31224.3k $1.3m $1.3m 0.81% Added +136 +136
44 Williams & Novak, LLC 1.07% of their portfolio WESTLAKE VILLAGE, CA 24,28224.3k $1.3m $1.3m 1.07% Reduced -8 -8
45 Asset Allocation Strategies LLC 0.27% of their portfolio FARMINGTON, MI 23,86123.9k $1.2m $1.2m 0.27% Reduced -3.0k -2,999
46 IHT Wealth Management, LLC 0.03% of their portfolio Chicago, IL 23,23823.2k $1.2m $1.2m 0.03% Reduced -25.3k -25,303
47 SFM, LLC 0.72% of their portfolio MANCHESTER, NH 21,50321.5k $1.1m $1.1m 0.72% Reduced -241 -241
48 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 20,60220.6k $1.1m $1.1m 0.00% Reduced -400 -400
49 Valued Wealth Advisors LLC 0.54% of their portfolio HOLLADAY, UT 19,80319.8k $1.0m $1.0m 0.54% Reduced -6.6k -6,597
50 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 18,04918.0k $938.4k $938.4k 0.00% Reduced -1.0k -1,049
51 Marshall Financial Group, LLC 0.19% of their portfolio Hunt Valley, MD 17,90917.9k $959.2k $959.2k 0.19% Reduced -6.4k -6,371
52 OxenFree Capital LLC 0.57% of their portfolio MELBOURNE, FL 17,87917.9k $929.5k $929.5k 0.57% Added +147 +147
53 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 16,71116.7k $868.8k $868.8k 0.01% New
54 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 16,53516.5k $859.7k $859.7k 0.01% Reduced -12 -12
55 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 15,54515.5k $808.2k $808.2k 0.00% Added +7.2k +7,192
56 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 14,98715.0k $779.2k $779.2k 0.00% Reduced -9.1k -9,079
57 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 14,03714.0k $729.8k $729.8k 0.00% Added +10.0k +9,956
58 Arete Wealth Advisors, LLC 0.05% of their portfolio CHICAGO, IL 13,38913.4k $696.0k $696.0k 0.05% Reduced -15.0k -15,014
59 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 13,23713.2k $688.0k $688.0k 0.00% Reduced -4.1k -4,063
60 Brightwater Advisory LLC 0.48% of their portfolio TAMPA, FL 12,96313.0k $673.9k $673.9k 0.48% Added +2.3k +2,313
61 Arax Advisory Partners 0.03% of their portfolio NEW YORK, NY 12,77912.8k $664.4k $664.4k 0.03% Reduced -27.8k -27,788
62 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 12,76412.8k $663.6k $663.6k 0.00% Reduced -6.6k -6,627
63 CREATIVE FINANCIAL DESIGNS INC /ADV 0.04% of their portfolio KOKOMO, IN 11,25911.3k $585.4k $585.4k 0.04% Reduced -3.3k -3,290
64 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 10,82310.8k $587.3k $587.3k 0.00% Reduced -4.8k -4,807
65 Del-Sette Capital Management, LLC 0.39% of their portfolio SCHENECTADY, NY 10,67710.7k $555.1k $555.1k 0.39% Reduced -6.0k -5,998
66 THOROUGHBRED FINANCIAL SERVICES, LLC 0.04% of their portfolio BRENTWOOD, TN 10,48610.5k $545.0k $545.0k 0.04% Reduced -222 -222
67 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 10,37310.4k $539.3k $539.3k 0.00% Reduced -1.7k -1,746
68 Southland Equity Partners LLC 0.12% of their portfolio WILDWOOD, MO 10,33410.3k $537.3k $537.3k 0.12% Reduced -37 -37
69 Institute for Wealth Management, LLC. 0.06% of their portfolio DENVER, CO 9,7409.7k $506.4k $506.4k 0.06% Unchanged
70 RFG Advisory, LLC 0.01% of their portfolio BIRMINGHAM, AL 9,6229.6k $500.2k $500.2k 0.01% Reduced -3.0k -2,989
71 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 9,2029.2k $478.4k $478.4k 0.00% Reduced -45 -45
72 Armbruster Capital Management, Inc. 0.09% of their portfolio PITTSFORD, NY 9,0949.1k $472.8k $472.8k 0.09% Unchanged
73 LEIGH BALDWIN & CO., LLC 0.31% of their portfolio CAZENOVIA, NY 8,9869.0k $467.2k $467.2k 0.31% Added +47 +47
74 Visionary Wealth Advisors 0.02% of their portfolio O'FALLON, IL 8,9208.9k $463.8k $463.8k 0.02% Reduced -1.9k -1,921
75 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 7,5637.6k $393.2k $393.2k 0.00% Reduced -13.9k -13,931
76 Geneos Wealth Management Inc. 0.01% of their portfolio ENGLEWOOD, CO 7,3407.3k $381.6k $381.6k 0.01% Reduced -10.4k -10,390
77 Eagle Strategies LLC 0.05% of their portfolio NEW YORK, NY 6,7776.8k $352.3k $352.3k 0.05% Added +396 +396
78 INDEPENDENT FINANCIAL GROUP, LLC 0.01% of their portfolio SAN DIEGO, CA 6,7016.7k $348.4k $348.4k 0.01% Added +1.4k +1,446
79 Parallel Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 6,0016.0k $312.0k $312.0k 0.01% Unchanged
80 Sigma Planning Corp 0.01% of their portfolio ANN ARBOR, MI 5,9846.0k $311.1k $311.1k 0.01% Reduced -1.3k -1,256
81 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 5,6895.7k $295.7k $295.7k 0.01% Reduced -4.9k -4,859
82 SILVERLAKE WEALTH MANAGEMENT LLC 0.08% of their portfolio WILLISTON, VT 5,3775.4k $279.5k $279.5k 0.08% Added +8 +8
83 Laird Norton Wetherby Wealth Management, LLC 0.01% of their portfolio Seattle, WA 5,0005.0k $259.9k $259.9k 0.01% First filing
84 Baker Avenue Asset Management, LP 0.01% of their portfolio SAN FRANCISCO, CA 5,0005.0k $259.9k $259.9k 0.01% New
85 Evanson Asset Management, LLC 0.01% of their portfolio CARMEL, CA 4,4554.5k $231.6k $231.6k 0.01% Unchanged
86 OneDigital Investment Advisors LLC 0.00% of their portfolio OVERLAND PARK, KS 4,3764.4k $227.5k $227.5k 0.00% Reduced -2.2k -2,191
87 WESCAP Management Group, Inc. 0.05% of their portfolio Glendale, CA 4,2844.3k $222.7k $222.7k 0.05% Reduced -1.8k -1,789
88 TruWealth Advisors, LLC 0.01% of their portfolio Metairie, LA 4,1804.2k $217.3k $217.3k 0.01% Reduced -107 -107
89 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 4,1534.2k $215.9k $215.9k 0.00% Reduced -507 -507
90 FMR LLC 0.00% of their portfolio BOSTON, MA 2,5172.5k $130.9k $130.9k 0.00% Reduced -472 -472
91 CoreCap Advisors, LLC 0.01% of their portfolio SOUTHFIELD, MI 2,4772.5k $128.8k $128.8k 0.01% Unchanged
92 PRIVATE TRUST CO NA 0.01% of their portfolio CLEVELAND, OH 2,1332.1k $110.9k $110.9k 0.01% Added +250 +250
93 SYM FINANCIAL Corp 0.01% of their portfolio WINONA LAKE, IN 2,0002.0k $104.0k $104.0k 0.01% Unchanged
94 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 1,5141.5k $78.7k $78.7k 0.00% New
95 RICHARDS, MERRILL & PETERSON, INC. 0.04% of their portfolio SPOKANE, WA 1,5001.5k $78.0k $78.0k 0.04% Unchanged
96 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 1,3841.4k $72.0k $72.0k 0.00% Reduced -463 -463
97 Cornerstone Planning Group LLC 0.01% of their portfolio FAIRFIELD, NJ 1,2031.2k $63.3k $63.3k 0.01% Added +6 +6
98 Beacon Capital Management, Inc. 0.00% of their portfolio DAYTON, OH 1,0721.1k $55.7k $55.7k 0.00% New
99 Harbor Asset Planning, Inc. 0.05% of their portfolio BELMONT, MA 954954 $49.6k $49.6k 0.05% First filing
100 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 936936 $48.7k $48.7k 0.00% Reduced -219 -219