Vault-13

INVESCO EXCHANGE TRADED FD T XSMO

S&P SMLCP MOMENT · ETP · CUSIP 46137V498

230 institutional holders +19 vs Q1 2025
18,261,55318.3m shares reported held*
$1.2bnreported value*
41 new 109 added 49 reduced 22 sold out net bought ≈ $186.4m (+2.7m 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 ≈ $68.06. Options: 1 managers hold calls ($1.5m notional), 0 hold puts (—).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 57Q4 22: 63Q1 23: 67Q2 23: 65Q3 23: 65Q4 23: 79Q1 24: 89Q2 24: 107Q3 24: 174Q4 24: 204Q1 25: 211Q2 25: 230230Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202257
Q4 202263
Q1 202367
Q2 202365
Q3 202365
Q4 202379
Q1 202489
Q2 2024107
Q3 2024174
Q4 2024204
Q1 2025211
Q2 2025230

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 28 bought or addedQ3 23: 24 cut or sold outQ4 23: 46 bought or addedQ4 23: 16 cut or sold outQ4 23Q1 24: 55 bought or addedQ1 24: 29 cut or sold outQ2 24: 68 bought or addedQ2 24: 22 cut or sold outQ2 24Q3 24: 137 bought or addedQ3 24: 27 cut or sold outQ4 24: 132 bought or addedQ4 24: 48 cut or sold outQ4 24Q1 25: 133 bought or addedQ1 25: 75 cut or sold outQ2 25: 150 bought or addedQ2 25: 71 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20232824
Q4 20234616
Q1 20245529
Q2 20246822
Q3 202413727
Q4 202413248
Q1 202513375
Q2 202515071

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $1.5mQ2 25 puts: $0Q2 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2024$0$0—
Q4 2024$0$0—
Q1 2025$0$0—
Q2 2025$1.5m$00.00

Biggest buyers

RAYMOND JAMES FINANCIAL INC Added +627,318+627.3k
River Wealth Advisors LLC New +323,865+323.9k
WELLS FARGO & COMPANY/MN Added +288,353+288.4k
Clark Wealth Partners Added +252,374+252.4k
Thrivent Financial for Lutherans New +166,933+166.9k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +163,428+163.4k
OSAIC HOLDINGS, INC. Added +135,949+135.9k
GREAT VALLEY ADVISOR GROUP, INC. New +119,950+120.0k
Cambridge Investment Research Advisors, Inc. Added +117,064+117.1k
Cetera Investment Advisers Added +103,022+103.0k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -103,995-104.0k
Archvest Wealth Advisors, Inc. Sold out -77,091-77.1k
ADAPT WEALTH ADVISORS, LLC Sold out -75,982-76.0k
SMITH, MOORE & CO. Sold out -66,261-66.3k
HARBOUR INVESTMENTS, INC. Reduced -64,660-64.7k
Geneos Wealth Management Inc. Reduced -61,897-61.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -53,299-53.3k
CITADEL ADVISORS LLC Reduced -48,340-48.3k
CAPSTONE WEALTH MANAGEMENT GROUP, LLC Sold out -46,666-46.7k
Cobblestone Asset Management LLC Sold out -40,987-41.0k

Biggest calls

Belvedere Trading LLC New $1.5m21.9k 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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 1,865,2831.9m $126.9m $126.9m 0.04% Added +92.0k +92,020
2 OSAIC HOLDINGS, INC. 0.21% of their portfolio SCOTTSDALE, AZ 1,750,5821.8m $119.1m $119.1m 0.21% Added +135.9k +135,949
3 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 1,580,2831.6m $107.5m $107.5m 0.03% Added +62.9k +62,900
4 Cetera Investment Advisers 0.15% of their portfolio SCHAUMBURG, IL 1,278,1021.3m $86.9m $86.9m 0.15% Added +103.0k +103,022
5 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 1,033,5481.0m $70.3m $70.3m 0.02% Added +627.3k +627,318
6 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 855,913855.9k $58.2m $58.2m 0.01% Added +288.4k +288,353
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 523,730523.7k $35.6m $35.6m 0.00% Added +26.5k +26,516
8 Gratus Wealth Advisors, LLC 4.92% of their portfolio VIRGINIA BEACH, VA 477,335477.3k $32.5m $32.5m 4.92% Added +2.0k +1,953
9 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.05% of their portfolio PLYMOUTH, MN 462,553462.6k $32.1m $32.1m 0.05% Added +163.4k +163,428
10 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 441,605441.6k $30.0m $30.0m 0.02% Added +78.5k +78,478
11 Apollon Wealth Management, LLC 0.50% of their portfolio MOUNT PLEASANT, SC 371,638371.6k $25.3m $25.3m 0.50% Reduced -10.6k -10,590
12 CWM, LLC 0.08% of their portfolio OMAHA, NE 354,148354.1k $24.1m $24.1m 0.08% Added +7.5k +7,481
13 River Wealth Advisors LLC 2.74% of their portfolio CAMP HILL, PA 323,865323.9k $22.0m $22.0m 2.74% New
14 Marmo Financial Group, LLC 9.54% of their portfolio Johnson City, TN 281,674281.7k $19.2m $19.2m 9.54% Added +4.3k +4,285
15 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 263,301263.3k $17.9m $17.9m 0.00% Reduced -104.0k -103,995
16 Clark Wealth Partners 11.61% of their portfolio O'FALLON, IL 253,021253.0k $17.2m $17.2m 11.61% Added +252.4k +252,374
17 Janney Montgomery Scott LLC 0.04% of their portfolio PHILADELPHIA, PA 219,456219.5k $14.9m $14.9m 0.04% Added +23.1k +23,084
18 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 217,718217.7k $14.8m $14.8m 0.01% Added +21.8k +21,801
19 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 210,064210.1k $14.3m $14.3m 0.00% Added +90.6k +90,610
20 Focus Financial Network, Inc. 0.55% of their portfolio MINNEAPOLIS, MN 204,723204.7k $13.9m $13.9m 0.55% Added +3.5k +3,490
21 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 197,258197.3k $13.4m $13.4m 0.04% Added +117.1k +117,064
22 Armbruster Capital Management, Inc. 2.34% of their portfolio PITTSFORD, NY 190,028190.0k $12.9m $12.9m 2.34% Added +6.6k +6,627
23 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 166,933166.9k $11.4m $11.4m 0.02% New
24 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 159,873159.9k $10.9m $10.9m 0.01% Added +16.8k +16,751
25 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 153,253153.3k $10.4m $10.4m 0.01% Added +52.6k +52,578
26 NBZ Investment Advisors LLC 5.63% of their portfolio KNOXVILLE, TN 144,650144.7k $9.8m $9.8m 5.63% Added +4.4k +4,416
27 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 143,028143.0k $9.7m $9.7m 0.03% Added +22.0k +22,014
28 Systelligence, LLC 1.75% of their portfolio BLOOMINGTON, MN 139,471139.5k $9.5m $9.5m 1.75% Added +6.2k +6,233
29 Envestnet Portfolio Solutions, Inc. 0.03% of their portfolio BERWYN, PA 130,604130.6k $8.9m $8.9m 0.03% Added +8.1k +8,057
30 GREAT VALLEY ADVISOR GROUP, INC. 0.18% of their portfolio WILMINGTON, DE 119,950120.0k $8.2m $8.2m 0.18% New
31 Meridian Wealth Management, LLC 0.32% of their portfolio LEXINGTON, KY 110,849110.8k $7.5m $7.5m 0.32% Added +5.3k +5,275
32 Cooper Financial Group 0.82% of their portfolio IRVINE, CA 102,655102.7k $7.0m $7.0m 0.82% Reduced -5.6k -5,595
33 Provident Wealth Management, LLC 2.23% of their portfolio BRENTWOOD, TN 100,344100.3k $6.8m $6.8m 2.23% Reduced -69 -69
34 Private Advisor Group, LLC 0.04% of their portfolio MORRISTOWN, NJ 97,15697.2k $6.6m $6.6m 0.04% Added +848 +848
35 USAdvisors Wealth Management, LLC 2.26% of their portfolio EDEN PRAIRIE, MN 89,51689.5k $6.1m $6.1m 2.26% Added +6.9k +6,851
36 Sequoia Financial Advisors, LLC 0.04% of their portfolio Akron, OH 88,84688.8k $6.0m $6.0m 0.04% Reduced -8.6k -8,581
37 Arkadios Wealth Advisors 0.18% of their portfolio ATLANTA, GA 86,04286.0k $5.9m $5.9m 0.18% Added +76.2k +76,206
38 NewEdge Advisors, LLC 0.03% of their portfolio NEW ORLEANS, LA 85,97786.0k $5.8m $5.8m 0.03% Reduced -7.9k -7,945
39 Anderson Financial Strategies, LLC 3.72% of their portfolio DAYTON, OH 85,60885.6k $5.8m $5.8m 3.72% Reduced -1.8k -1,805
40 Snowden Capital Advisors LLC 0.17% of their portfolio New York, NY 84,19384.2k $5.7m $5.7m 0.17% Added +2.9k +2,900
41 GPS Wealth Strategies Group, LLC 0.66% of their portfolio CENTENNIAL, CO 83,67283.7k $5.7m $5.7m 0.66% Added +14.6k +14,556
42 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 79,54979.5k $5.4m $5.4m 0.01% Reduced -11.8k -11,806
43 Fiduciary Alliance LLC 0.40% of their portfolio GREENVILLE, SC 78,50078.5k $5.3m $5.3m 0.40% Added +13.0k +13,018
44 TITLEIST ASSET MANAGEMENT, LLC 0.53% of their portfolio SAN ANTONIO, TX 78,20378.2k $5.3m $5.3m 0.53% Added +2.7k +2,739
45 EPG Wealth Management LLC 1.59% of their portfolio ATLANTA, GA 77,78077.8k $5.3m $5.3m 1.59% New
46 Sanctuary Advisors, LLC 0.03% of their portfolio INDIANAPOLIS, IN 72,19572.2k $4.9m $4.9m 0.03% Added +12.6k +12,613
47 Seros Financial, LLC 3.02% of their portfolio TEMPE, AZ 70,00970.0k $4.8m $4.8m 3.02% New
48 AVANTAX ADVISORY SERVICES, INC. 0.03% of their portfolio DALLAS, TX 69,68569.7k $4.7m $4.7m 0.03% Added +19.8k +19,777
49 Geneos Wealth Management Inc. 0.12% of their portfolio ENGLEWOOD, CO 69,45769.5k $4.7m $4.7m 0.12% Reduced -61.9k -61,897
50 MFA WEALTH ADVISORS, LLC 1.00% of their portfolio PITTSBURGH, PA 62,73962.7k $4.3m $4.3m 1.00% Added +47.2k +47,169
51 Uniting Wealth Partners, LLC 1.49% of their portfolio DENVER, CO 56,64856.6k $3.9m $3.9m 1.49% Added +53.4k +53,424
52 Prostatis Group LLC 1.06% of their portfolio HANOVER, MD 54,37654.4k $3.7m $3.7m 1.06% Added +3.1k +3,140
53 Atria Investments, Inc 0.04% of their portfolio Charlotte, NC 51,65151.7k $3.5m $3.5m 0.04% Added +8.9k +8,927
54 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 51,15651.2k $3.5m $3.5m 0.00% Reduced -9.1k -9,133
55 Equitable Holdings, Inc. 0.03% of their portfolio NEW YORK, NY 48,37448.4k $3.3m $3.3m 0.03% Added +5.2k +5,219
56 Prime Capital Investment Advisors, LLC 0.04% of their portfolio OVERLAND PARK, KS 47,07947.1k $3.2m $3.2m 0.04% Added +2.0k +2,020
57 Mariner, LLC 0.00% of their portfolio Overland Park, KS 45,58145.6k $3.1m $3.1m 0.00% Added +884 +884
58 THEORY FINANCIAL LLC 1.15% of their portfolio FORT COLLINS, CO 44,66044.7k $3.0m $3.0m 1.15% Reduced -4.8k -4,839
59 THOROUGHBRED FINANCIAL SERVICES, LLC 0.20% of their portfolio BRENTWOOD, TN 42,66242.7k $2.9m $2.9m 0.20% Added +11.5k +11,539
60 Sound Income Strategies, LLC 0.16% of their portfolio FT LAUDERDALE, FL 41,91741.9k $2.9m $2.9m 0.16% Added +27.5k +27,526
61 CW Advisors, LLC 0.03% of their portfolio BOSTON, MA 38,52438.5k $2.6m $2.6m 0.03% Added +1.5k +1,455
62 VestGen Advisors, LLC 0.10% of their portfolio CHICAGO, IL 35,86335.9k $2.4m $2.4m 0.10% Added +5.0k +5,029
63 OPTIMA CAPITAL LLC 1.26% of their portfolio PORTLAND, OR 34,37634.4k $2.3m $2.3m 1.26% New
64 ArborFi Advisors, LLC 1.98% of their portfolio ANN ARBOR, MI 33,13433.1k $2.3m $2.3m 1.98% New
65 Redhawk Wealth Advisors, Inc. 0.28% of their portfolio MINNEAPOLIS, MN 32,76532.8k $2.2m $2.2m 0.28% New
66 Paragon Private Wealth Management, LLC 0.83% of their portfolio LEXINGTON, KY 30,69830.7k $2.1m $2.1m 0.83% Added +13.7k +13,715
67 JBR Co Financial Management Inc 1.01% of their portfolio ARDMORE, OK 30,05330.1k $2.0m $2.0m 1.01% Added +4.3k +4,256
68 Tolleson Wealth Management, Inc. 0.34% of their portfolio DALLAS, TX 29,46829.5k $2.0m $2.0m 0.34% Unchanged
69 PFG Advisors 0.09% of their portfolio Phoenix, AZ 29,44529.4k $2.0m $2.0m 0.09% Added +2.1k +2,113
70 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 29,21129.2k $2.0m $2.0m 0.00% Reduced -11.5k -11,469
71 Merit Financial Group, LLC 0.02% of their portfolio ALPHARETTA, GA 28,02028.0k $1.9m $1.9m 0.02% Added +1.4k +1,428
72 New Insight Wealth Advisors 0.78% of their portfolio SAN RAMON, CA 27,81227.8k $1.9m $1.9m 0.78% Reduced -218 -218
73 SFI Advisors, LLC 1.30% of their portfolio Montclair, NJ 27,62527.6k $1.9m $1.9m 1.30% Added +7.4k +7,415
74 Financial Freedom, LLC 0.94% of their portfolio CINCINNATI, OH 25,52225.5k $1.7m $1.7m 0.94% Added +16.5k +16,505
75 Accel Wealth Management 0.56% of their portfolio WAVERLY, IA 24,85024.9k $1.7m $1.7m 0.56% Added +850 +850
76 PRINCIPAL SECURITIES, INC. 0.03% of their portfolio DES MOINES, IA 24,49724.5k $1.7m $1.7m 0.03% Added +2.4k +2,360
77 KINGSWOOD WEALTH ADVISORS, LLC 0.13% of their portfolio SAN DIEGO, CA 23,87223.9k $1.6m $1.6m 0.13% Reduced -4.6k -4,586
78 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 23,42623.4k $1.6m $1.6m 0.00% Reduced -53.3k -53,299
79 RFG Advisory, LLC 0.04% of their portfolio BIRMINGHAM, AL 22,53722.5k $1.5m $1.5m 0.04% Reduced -7.3k -7,310
80 Perennial Investment Advisors, LLC 0.14% of their portfolio Los Angeles, CA 21,94721.9k $1.5m $1.5m 0.14% Added +8.5k +8,518
81 Lodestone Wealth Management LLC 0.72% of their portfolio SPOKANE, WA 21,84821.8k $1.5m $1.5m 0.72% Reduced -763 -763
82 Institute for Wealth Management, LLC. 0.16% of their portfolio DENVER, CO 21,44321.4k $1.5m $1.5m 0.16% Added +50 +50
83 Ausdal Financial Partners, Inc. 0.10% of their portfolio Davenport, IA 21,40321.4k $1.5m $1.5m 0.10% Added +11 +11
84 JOHNSON INVESTMENT COUNSEL INC 0.01% of their portfolio Cincinnati, OH 21,38121.4k $1.5m $1.5m 0.01% Reduced -1.4k -1,360
85 Vantage Financial Partners, LLC 0.33% of their portfolio ELM GROVE, WI 21,29421.3k $1.4m $1.4m 0.33% Added +1.7k +1,665
86 Apollon Financial, LLC 0.29% of their portfolio MOUNT PLEASANT, SC 20,53420.5k $1.4m $1.4m 0.29% Added +2.6k +2,586
87 Mascagni Wealth Management, Inc. 1.18% of their portfolio CLINTON, MS 20,30320.3k $1.4m $1.4m 1.18% Added +1.7k +1,715
88 Sculati Wealth Management, LLC 0.50% of their portfolio Bloomfield Hills, MI 19,64019.6k $1.3m $1.3m 0.50% Reduced -28.8k -28,802
89 Providence First Trust Co 0.46% of their portfolio SCOTTSDALE, AZ 19,28819.3k $1.3m $1.3m 0.46% Added +5.1k +5,077
90 Betterment LLC 0.00% of their portfolio NEW YORK, NY 17,99118.0k $1.2m $1.2m 0.00% Added +456 +456
91 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 17,31217.3k $1.2m $1.2m 0.01% Added +1.4k +1,394
92 Anson Capital, Inc. 0.93% of their portfolio TYRONE, GA 17,04917.0k $1.2m $1.2m 0.93% Reduced -1.8k -1,753
93 Kendall Capital Management 0.31% of their portfolio ROCKVILLE, MD 17,00017.0k $1.2m $1.2m 0.31% New
94 Fifth Third Securities, Inc. 0.08% of their portfolio Cincinnati, OH 15,89615.9k $1.1m $1.1m 0.08% Added +571 +571
95 Comprehensive Wealth Management, LLC 0.87% of their portfolio LYNNWOOD, WA 15,89015.9k $1.1m $1.1m 0.87% Added +2.7k +2,718
96 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 15,71315.7k $1.1m $1.1m 0.01% Added +13.3k +13,335
97 Sigma Planning Corp 0.03% of their portfolio ANN ARBOR, MI 15,25515.3k $1.0m $1.0m 0.03% Reduced -730 -730
98 Maia Wealth LLC 0.20% of their portfolio DENVER, CO 15,20715.2k $1.0m $1.0m 0.20% Added +4.2k +4,178
99 LOWERY THOMAS, LLC 0.65% of their portfolio PEBBLE BEACH, CA 15,00115.0k $1.0m $1.0m 0.65% Reduced -1.2k -1,179
100 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 14,79114.8k $1.0m $1.0m 0.01% New