Vault-13

INVESCO EXCHANGE TRADED FD T PRFZ

RAFI US 1500 · ETP · CUSIP 46137V597

286 institutional holders +1 vs Q1 2025
22,157,71922.2m shares reported held*
$902.1mreported value*
22 new 81 added 100 reduced 22 sold out net sold ≈ $809.5m (-19.9m 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 ≈ $40.71.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 210Q4 22: 225Q1 23: 223Q2 23: 226Q3 23: 229Q4 23: 255Q1 24: 256Q2 24: 267Q3 24: 274Q4 24: 283Q1 25: 285Q2 25: 286286Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022210
Q4 2022225
Q1 2023223
Q2 2023226
Q3 2023229
Q4 2023255
Q1 2024256
Q2 2024267
Q3 2024274
Q4 2024283
Q1 2025285
Q2 2025286

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 88 bought or addedQ3 23: 89 cut or sold outQ4 23: 94 bought or addedQ4 23: 92 cut or sold outQ4 23Q1 24: 104 bought or addedQ1 24: 97 cut or sold outQ2 24: 104 bought or addedQ2 24: 104 cut or sold outQ2 24Q3 24: 112 bought or addedQ3 24: 83 cut or sold outQ4 24: 108 bought or addedQ4 24: 98 cut or sold outQ4 24Q1 25: 107 bought or addedQ1 25: 106 cut or sold outQ2 25: 103 bought or addedQ2 25: 122 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20238889
Q4 20239492
Q1 202410497
Q2 2024104104
Q3 202411283
Q4 202410898
Q1 2025107106
Q2 2025103122

Biggest buyers

ROYAL BANK OF CANADA Added +951,317+951.3k
AlphaCore Capital LLC Added +258,415+258.4k
WCG Wealth Advisors LLC Added +94,200+94.2k
LPL Financial LLC Added +74,417+74.4k
Verum Partners LLC Added +71,795+71.8k
Three Bridge Wealth Advisors, LLC Added +53,998+54.0k
Modern Wealth Management, LLC New +53,092+53.1k
Breakwater Capital Group New +51,579+51.6k
Charles Schwab Trust Co Added +48,192+48.2k
AVANTAX ADVISORY SERVICES, INC. Added +37,931+37.9k

Biggest sellers

CHARLES SCHWAB INVESTMENT MANAGEMENT INC Sold out -20,959,358-21.0m
UBS Group AG Reduced -169,766-169.8k
Invesco Ltd. Reduced -146,166-146.2k
FIRST FOUNDATION ADVISORS Reduced -83,499-83.5k
Equitable Holdings, Inc. Reduced -73,097-73.1k
BANK OF AMERICA CORP /DE/ Reduced -62,762-62.8k
Focus Partners Wealth Reduced -59,551-59.6k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -53,803-53.8k
Waverly Advisors, LLC Reduced -41,606-41.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -34,519-34.5k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,500,6372.5m $101.7m $101.7m 0.01% Reduced -62.8k -62,762
2 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,678,9981.7m $68.3m $68.3m 0.01% Added +951.3k +951,317
3 Waverly Advisors, LLC 0.53% of their portfolio BIRMINGHAM, AL 1,188,6311.2m $48.3m $48.3m 0.53% Reduced -41.6k -41,606
4 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,158,3081.2m $47.1m $47.1m 0.02% Added +74.4k +74,417
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,101,0551.1m $44.8m $44.8m 0.00% Reduced -10.2k -10,226
6 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 1,034,4121.0m $42.1m $42.1m 0.01% Added +13.1k +13,062
7 FIRST FOUNDATION ADVISORS 1.40% of their portfolio Irvine, CA 930,275930.3k $37.8m $37.8m 1.40% Reduced -83.5k -83,499
8 Arbor Investment Advisors, LLC 4.68% of their portfolio WINSTON SALEM, NC 898,927898.9k $36.6m $36.6m 4.68% Added +13.9k +13,935
9 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 686,976687.0k $27.9m $27.9m 0.01% Reduced -12.6k -12,568
10 Stonebridge Financial Group, LLC 2.70% of their portfolio Wormleysburg, PA 682,516682.5k $27.8m $27.8m 2.70% Added +11.9k +11,893
11 AVANTAX ADVISORY SERVICES, INC. 0.12% of their portfolio DALLAS, TX 543,852543.9k $22.1m $22.1m 0.12% Added +37.9k +37,931
12 UBS Group AG 0.00% of their portfolio ZURICH, V8 505,997506.0k $20.6m $20.6m 0.00% Reduced -169.8k -169,766
13 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.03% of their portfolio PLYMOUTH, MN 471,556471.6k $19.8m $19.8m 0.03% Reduced -53.8k -53,803
14 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 423,918423.9k $17.2m $17.2m 0.03% Reduced -7.7k -7,694
15 Wealthspire Retirement, LLC 1.04% of their portfolio ALISO VIEJO, CA 387,655387.7k $15.8m $15.8m 1.04% Reduced -22.7k -22,683
16 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 353,348353.3k $14.4m $14.4m 0.00% Reduced -146.2k -146,166
17 Baird Financial Group, Inc. 0.02% of their portfolio MILWAUKEE, WI 297,148297.1k $12.1m $12.1m 0.02% Added +1.7k +1,700
18 AlphaCore Capital LLC 0.41% of their portfolio LA JOLLA, CA 265,330265.3k $10.8m $10.8m 0.41% Added +258.4k +258,415
19 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 258,427258.4k $10.5m $10.5m 0.01% Added +4.7k +4,653
20 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 254,886254.9k $10.4m $10.4m 0.02% Added +4.3k +4,254
21 WCG Wealth Advisors LLC 0.67% of their portfolio LAS VEGAS, NV 254,551254.6k $10.4m $10.4m 0.67% Added +94.2k +94,200
22 Three Bridge Wealth Advisors, LLC 2.64% of their portfolio LOS ALTOS, CA 246,465246.5k $10.0m $10.0m 2.64% Added +54.0k +53,998
23 Mariner, LLC 0.01% of their portfolio Overland Park, KS 237,659237.7k $9.7m $9.7m 0.01% Reduced -15.2k -15,171
24 Johnson & White Wealth Management, LLC 4.75% of their portfolio YORK, PA 231,883231.9k $9.4m $9.4m 4.75% Added +2.3k +2,289
25 Dynamic Advisor Solutions LLC 0.27% of their portfolio PHOENIX, AZ 217,953218.0k $8.9m $8.9m 0.27% Added +8.4k +8,432
26 Accredited Investors Inc. 0.46% of their portfolio EDINA, MN 192,735192.7k $7.8m $7.8m 0.46% Reduced -2.1k -2,126
27 Regal Investment Advisors LLC 0.51% of their portfolio KENTWOOD, MI 167,645167.6k $6.8m $6.8m 0.51% Added +4.3k +4,343
28 Arlington Financial Advisors, LLC 1.10% of their portfolio SANTA BARBARA, CA 164,608164.6k $6.7m $6.7m 1.10% Added +3.0k +3,036
29 Verum Partners LLC 1.37% of their portfolio CHARLOTTE, NC 146,392146.4k $6.0m $6.0m 1.37% Added +71.8k +71,795
30 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 145,443145.4k $5.9m $5.9m 0.01% Reduced -5.6k -5,587
31 Equitable Holdings, Inc. 0.05% of their portfolio NEW YORK, NY 144,416144.4k $5.9m $5.9m 0.05% Reduced -73.1k -73,097
32 Cornerstone Wealth Management, LLC 0.33% of their portfolio ST. PETERS, MO 131,922131.9k $5.4m $5.4m 0.33% Added +2.1k +2,111
33 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 131,896131.9k $5.4m $5.4m 0.01% Added +1.2k +1,197
34 Perigon Wealth Management, LLC 0.12% of their portfolio SAN FRANCISCO, CA 125,549125.5k $5.1m $5.1m 0.12% Reduced -7.3k -7,290
35 Steward Partners Investment Advisory, LLC 0.04% of their portfolio STAMFORD, CT 125,512125.5k $5.1m $5.1m 0.04% Added +2.4k +2,369
36 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 124,433124.4k $5.1m $5.1m 0.00% Reduced -231 -231
37 Charles Schwab Trust Co 0.37% of their portfolio HENDERSON, NV 120,064120.1k $4.9m $4.9m 0.37% Added +48.2k +48,192
38 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 114,992115.0k $4.7m $4.7m 0.01% Reduced -1.9k -1,945
39 ALBION FINANCIAL GROUP /UT 0.30% of their portfolio SALT LAKE CITY, UT 112,200112.2k $4.6m $4.6m 0.30% Unchanged
40 Traction Financial Partners, LLC 2.86% of their portfolio LITTLETON, CO 103,613103.6k $4.2m $4.2m 2.86% Added +606 +606
41 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 98,95499.0k $4.0m $4.0m 0.01% Reduced -59.6k -59,551
42 Wealthspire Advisors, LLC 0.02% of their portfolio NEW YORK, NY 95,24895.2k $3.9m $3.9m 0.02% Reduced -2.3k -2,290
43 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 94,78794.8k $3.9m $3.9m 0.00% Added +3.0k +3,040
44 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 86,84986.8k $3.5m $3.5m 0.00% Reduced -2.5k -2,504
45 Legacy Private Trust Co. 0.22% of their portfolio NEENAH, WI 84,00284.0k $3.4m $3.4m 0.22% Reduced -12.2k -12,248
46 Sound Stewardship, LLC 1.64% of their portfolio Overland Park, KS 78,08578.1k $3.2m $3.2m 1.64% Added +2.1k +2,122
47 WealthBridge Capital Management, LLC 0.75% of their portfolio WESTERVILLE, OH 73,19973.2k $3.0m $3.0m 0.75% Reduced -4.3k -4,258
48 TD Waterhouse Canada Inc. 0.02% of their portfolio TORONTO, A6 59,73459.7k $2.5m $2.5m 0.02% Reduced -74 -74
49 JFS WEALTH ADVISORS, LLC 0.15% of their portfolio HERMITAGE, PA 57,26857.3k $2.3m $2.3m 0.15% Reduced -2.4k -2,373
50 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.04% of their portfolio MINNEAPOLIS, MN 53,66153.7k $2.2m $2.2m 0.04% Reduced -3.2k -3,161
51 Modern Wealth Management, LLC 0.05% of their portfolio KANSAS CITY, MO 53,09253.1k $2.2m $2.2m 0.05% New
52 Breakwater Capital Group 0.34% of their portfolio PARAMUS, NJ 51,57951.6k $2.1m $2.1m 0.34% New
53 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 48,69448.7k $2.0m $2.0m 0.00% Reduced -14.2k -14,187
54 Clarius Group, LLC 0.11% of their portfolio SEATTLE, WA 48,43848.4k $2.0m $2.0m 0.11% Reduced -5.0k -5,015
55 PFG Advisors 0.09% of their portfolio Phoenix, AZ 48,36448.4k $2.0m $2.0m 0.09% Added +5.2k +5,160
56 EQ WEALTH ADVISORS, LLC 1.32% of their portfolio DALLAS, TX 47,58947.6k $1.9m $1.9m 1.32% Reduced -92 -92
57 Boston Standard Wealth Management, LLC 0.33% of their portfolio WINCHESTER, MA 44,62344.6k $1.8m $1.8m 0.33% Added +3.4k +3,372
58 FMR LLC 0.00% of their portfolio BOSTON, MA 42,03842.0k $1.7m $1.7m 0.00% Reduced -825 -825
59 Advisory Services Network, LLC 0.03% of their portfolio ATLANTA, GA 41,89241.9k $1.7m $1.7m 0.03% Added +1.0k +1,022
60 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 41,25541.3k $1.7m $1.7m 0.01% Added +2.8k +2,832
61 Diversify Advisory Services, LLC 0.07% of their portfolio SANDY, UT 41,16641.2k $1.8m $1.8m 0.07% Added +5.6k +5,613
62 GSG Advisors LLC 0.47% of their portfolio MOUNT LAUREL, NJ 39,74939.7k $1.6m $1.6m 0.47% Added +45 +45
63 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 39,39539.4k $1.6m $1.6m 0.00% Added +8.3k +8,343
64 Bell Investment Advisors, Inc 0.25% of their portfolio ORINDA, CA 35,95436.0k $1.5m $1.5m 0.25% Added +28.3k +28,314
65 Evercore Wealth Management, LLC 0.02% of their portfolio New York, NY 35,02035.0k $1.4m $1.4m 0.02% Unchanged
66 Savant Capital, LLC 0.01% of their portfolio ROCKFORD, IL 34,51734.5k $1.4m $1.4m 0.01% Reduced -1.8k -1,752
67 Resonant Capital Advisors, LLC 0.09% of their portfolio Madison, WI 33,49233.5k $1.4m $1.4m 0.09% Unchanged
68 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 33,04033.0k $1.3m $1.3m 0.00% Added +14.6k +14,638
69 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 31,97832.0k $1.3m $1.3m 0.00% Added +1.5k +1,486
70 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 31,58431.6k $1.3m $1.3m 0.01% Reduced -164 -164
71 INDEPENDENT FINANCIAL GROUP, LLC 0.04% of their portfolio SAN DIEGO, CA 31,55731.6k $1.3m $1.3m 0.04% Added +23.3k +23,307
72 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 31,46131.5k $1.3m $1.3m 0.00% Added +9.9k +9,901
73 Lion Street Advisors, LLC 0.39% of their portfolio Austin, TX 31,42631.4k $1.3m $1.3m 0.39% Added +5.0k +5,027
74 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 30,54630.5k $1.2m $1.2m 0.00% Reduced -1.5k -1,541
75 Whipplewood Advisors, LLC 0.67% of their portfolio LITTLETON, CO 29,96430.0k $1.2m $1.2m 0.67% Added +29.9k +29,922
76 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 29,13829.1k $1.2m $1.2m 0.01% Reduced -5.8k -5,756
77 Forvis Mazars Wealth Advisors, LLC 0.02% of their portfolio Springfield, MO 27,79727.8k $1.1m $1.1m 0.02% Added +8 +8
78 M Holdings Securities, Inc. 0.19% of their portfolio PORTLAND, OR 27,39027.4k $1.1m $1.1m 0.19% New
79 Independent Advisor Alliance 0.03% of their portfolio CHARLOTTE, NC 25,94125.9k $1.1m $1.1m 0.03% Reduced -1.7k -1,695
80 BRIGHTON JONES LLC 0.03% of their portfolio SEATTLE, WA 25,81125.8k $1.0m $1.0m 0.03% Added +1.5k +1,520
81 Lido Advisors, LLC 0.01% of their portfolio Los Angeles, CA 25,56725.6k $1.0m $1.0m 0.01% Reduced -114 -114
82 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 25,21325.2k $1.0m $1.0m 0.01% Reduced -178 -178
83 New England Private Wealth Advisors LLC 0.15% of their portfolio WELLESLEY, MA 25,04325.0k $1.0m $1.0m 0.15% Reduced -1.1k -1,085
84 KWB Wealth 0.11% of their portfolio REDLANDS, CA 24,22924.2k $917.3k $917.3k 0.11% Reduced -4.7k -4,720
85 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 24,11524.1k $980.8k $980.8k 0.00% Reduced -34.5k -34,519
86 Shakespeare Wealth Management, LLC 0.26% of their portfolio Pewaukee, WI 23,98324.0k $975.4k $975.4k 0.26% Reduced -376 -376
87 Integrated Advisors Network LLC 0.04% of their portfolio DALLAS, TX 22,77022.8k $926.1k $926.1k 0.04% Added +17.1k +17,063
88 Institute for Wealth Management, LLC. 0.10% of their portfolio DENVER, CO 22,44022.4k $912.6k $912.6k 0.10% Unchanged
89 Marquette Asset Management, LLC 0.15% of their portfolio MINNEAPOLIS, MN 22,28022.3k $906.1k $906.1k 0.15% Reduced -20.0k -20,000
90 OMNI 360 Wealth, Inc. 0.52% of their portfolio Plainsboro, NJ 20,74820.7k $843.8k $843.8k 0.52% Reduced -1.1k -1,138
91 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 20,61420.6k $838.4k $838.4k 0.00% Added +276 +276
92 Pacific Center for Financial Services 0.23% of their portfolio DANVILLE, CA 20,61220.6k $838.3k $838.3k 0.23% Added +23 +23
93 Smith Salley Wealth Management 0.05% of their portfolio GREENSBORO, NC 20,07020.1k $816.2k $816.2k 0.05% Unchanged
94 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 18,79418.8k $764.0k $764.0k 0.00% Reduced -20 -20
95 WADDELL & ASSOCIATES, LLC 0.08% of their portfolio MEMPHIS, TN 18,72518.7k $761.5k $761.5k 0.08% Added +1.3k +1,274
96 BENJAMIN EDWARDS INC 0.01% of their portfolio Clayton, MO 18,56818.6k $755.2k $755.2k 0.01% New
97 Parallel Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 18,40018.4k $748.3k $748.3k 0.01% Reduced -2.2k -2,178
98 FIDELIS CAPITAL PARTNERS, LLC 0.07% of their portfolio TAMPA, FL 17,97518.0k $749.4k $749.4k 0.07% Unchanged
99 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 17,50717.5k $712.0k $712.0k 0.01% Reduced -393 -393
100 Golden Bell Financial Planning LLC 0.66% of their portfolio ALPHARETTA, GA 17,15617.2k $697.7k $697.7k 0.66% Reduced -126 -126