Vault-13

INVESCO EXCHANGE TRADED FD T PRF

RAFI US 1000 ETF · ETP · CUSIP 46137V613

540 institutional holders +5 vs Q2 2025
103,370,699103.4m shares reported held*
$4.7bnreported value*
40 new 154 added 172 reduced 27 sold out net sold ≈ $85.3m (-2.0m 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 ($10.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $45.21.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 394Q4 22: 411Q1 23: 420Q2 23: 430Q3 23: 431Q4 23: 464Q1 24: 485Q2 24: 481Q3 24: 488Q4 24: 513Q1 25: 513Q2 25: 535Q3 25: 540540Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 2022394
Q4 2022411
Q1 2023420
Q2 2023430
Q3 2023431
Q4 2023464
Q1 2024485
Q2 2024481
Q3 2024488
Q4 2024513
Q1 2025513
Q2 2025535
Q3 2025540

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 23: 147 bought or addedQ4 23: 183 cut or sold outQ1 24: 181 bought or addedQ1 24: 167 cut or sold outQ1 24Q2 24: 160 bought or addedQ2 24: 172 cut or sold outQ3 24: 182 bought or addedQ3 24: 154 cut or sold outQ3 24Q4 24: 163 bought or addedQ4 24: 175 cut or sold outQ1 25: 177 bought or addedQ1 25: 186 cut or sold outQ1 25Q2 25: 211 bought or addedQ2 25: 182 cut or sold outQ3 25: 194 bought or addedQ3 25: 199 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023147183
Q1 2024181167
Q2 2024160172
Q3 2024182154
Q4 2024163175
Q1 2025177186
Q2 2025211182
Q3 2025194199

Calls vs puts

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

CallsPuts
$0$25k$50k$75k$100kQ4 24 calls: $52.4kQ4 24 puts: $12.1kQ4 24P/C 0.23Q1 25 calls: $97.0kQ1 25 puts: $4.0kQ1 25P/C 0.04Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —
Numbers
QuarterCallsPutsP/C
Q4 2024$52.4k$12.1k0.23
Q1 2025$97.0k$4.0k0.04
Q2 2025$0$0—
Q3 2025$0$0—

Biggest buyers

JPMORGAN CHASE & CO Added +651,573+651.6k
Cetera Investment Advisers Added +230,577+230.6k
Vestmark Advisory Solutions, Inc. New +211,321+211.3k
AQR CAPITAL MANAGEMENT LLC Added +209,765+209.8k
Larson Financial Group LLC Added +192,562+192.6k
SEVEN MILE ADVISORY New +166,242+166.2k
Prosperity Consulting Group, LLC New +157,530+157.5k
D.A. DAVIDSON & CO. Added +139,745+139.7k
MAI Capital Management Added +93,375+93.4k
OSAIC HOLDINGS, INC. Added +72,448+72.4k

Biggest sellers

EXCHANGE TRADED CONCEPTS, LLC Reduced -1,220,126-1.2m
ROYAL BANK OF CANADA Reduced -1,194,933-1.2m
Pathstone Holdings, LLC Reduced -509,278-509.3k
RFG Advisory, LLC Reduced -491,877-491.9k
Arbor Investment Advisors, LLC Reduced -213,651-213.7k
AMERIPRISE FINANCIAL INC Reduced -117,663-117.7k
Rockefeller Capital Management L.P. Reduced -110,975-111.0k
Mariner, LLC Reduced -106,313-106.3k
FLYNN ZITO CAPITAL MANAGEMENT, LLC Reduced -61,366-61.4k
WELLS FARGO & COMPANY/MN Reduced -56,466-56.5k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 11,576,73411.6m $523.4m $523.4m 0.04% Added +11.4k +11,369
2 AMERIPRISE FINANCIAL INC 0.08% of their portfolio MINNEAPOLIS, MN 7,225,6057.2m $326.6m $326.6m 0.08% Reduced -117.7k -117,663
3 PNC Financial Services Group, Inc. 0.14% of their portfolio Pittsburgh, PA 5,095,2005.1m $230.4m $230.4m 0.14% Reduced -34.6k -34,646
4 ENVESTNET ASSET MANAGEMENT INC 0.06% of their portfolio Berwyn, PA 4,726,7324.7m $213.7m $213.7m 0.06% Added +7.7k +7,694
5 Waverly Advisors, LLC 1.69% of their portfolio BIRMINGHAM, AL 3,758,3723.8m $169.9m $169.9m 1.69% Reduced -24.0k -23,984
6 Invesco Ltd. 0.02% of their portfolio ATLANTA, GA 3,138,7383.1m $141.9m $141.9m 0.02% Reduced -47.8k -47,790
7 Mariner, LLC 0.18% of their portfolio Overland Park, KS 3,080,4623.1m $139.3m $139.3m 0.18% Reduced -106.3k -106,313
8 COMMONWEALTH EQUITY SERVICES, LLC 0.17% of their portfolio WALTHAM, MA 2,863,8252.9m $129.5m $129.5m 0.17% Added +53.2k +53,182
9 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.19% of their portfolio PLYMOUTH, MN 2,715,9502.7m $123.3m $123.3m 0.19% Added +25.3k +25,268
10 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 2,538,6712.5m $114.8m $114.8m 0.03% Added +4.4k +4,378
11 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,132,4982.1m $96.4m $96.4m 0.01% Reduced -19.6k -19,574
12 Linscomb Wealth, Inc. 4.14% of their portfolio Houston, TX 2,124,1332.1m $96.0m $96.0m 4.14% Added +43.5k +43,451
13 Arbor Investment Advisors, LLC 11.82% of their portfolio WINSTON SALEM, NC 2,058,9632.1m $93.1m $93.1m 11.82% Reduced -213.7k -213,651
14 D.A. DAVIDSON & CO. 0.57% of their portfolio GREAT FALLS, MT 1,971,8302.0m $89.1m $89.1m 0.57% Added +139.7k +139,745
15 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,825,2901.8m $82.5m $82.5m 0.02% Reduced -56.5k -56,466
16 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.05% of their portfolio MILWAUKEE, WI 1,815,5851.8m $82.1m $82.1m 0.05% Added +29.6k +29,588
17 Berman McAleer LLC 9.84% of their portfolio TIMONIUM, MD 1,556,1081.6m $70.4m $70.4m 9.84% First filing
18 RFG Advisory, LLC 1.30% of their portfolio BIRMINGHAM, AL 1,395,5291.4m $63.1m $63.1m 1.30% Reduced -491.9k -491,877
19 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 1,387,7271.4m $62.7m $62.7m 0.02% Added +13.0k +12,976
20 NorthCoast Asset Management LLC 0.23% of their portfolio STAMFORD, CT 1,284,5951.3m $58.1m $58.1m 0.23% Reduced -52.0k -52,021
21 SYNOVUS FINANCIAL CORP 0.64% of their portfolio Columbus, GA 1,233,2911.2m $55.8m $55.8m 0.64% Added +1.6k +1,586
22 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,225,2741.2m $55.4m $55.4m 0.00% Added +651.6k +651,573
23 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,224,4691.2m $55.4m $55.4m 0.01% Reduced -1.2m -1,194,933
24 AlphaCore Capital LLC 1.43% of their portfolio LA JOLLA, CA 936,002936.0k $42.3m $42.3m 1.43% Added +30.8k +30,837
25 Cetera Investment Advisers 0.05% of their portfolio SCHAUMBURG, IL 910,384910.4k $41.2m $41.2m 0.05% Added +230.6k +230,577
26 UBS Group AG 0.01% of their portfolio ZURICH, V8 841,427841.4k $38.0m $38.0m 0.01% Added +7.2k +7,220
27 Larson Financial Group LLC 1.27% of their portfolio ST LOUIS, MO 799,726799.7k $36.2m $36.2m 1.27% Added +192.6k +192,562
28 Garrett Wealth Advisory Group, LLC 6.95% of their portfolio WEATHERFORD, TX 789,237789.2k $35.7m $35.7m 6.95% Added +13.4k +13,356
29 GRIMES & Co WEALTH MANAGEMENT, LLC 0.88% of their portfolio WESTBOROUGH, MA 785,279785.3k $35.5m $35.5m 0.88% Reduced -6.0k -6,048
30 Corient Private Wealth LP 0.05% of their portfolio MIAMI, FL 738,879738.9k $33.4m $33.4m 0.05% Reduced -22.2k -22,196
31 Equitable Holdings, Inc. 0.24% of their portfolio NEW YORK, NY 708,390708.4k $32.0m $32.0m 0.24% Reduced -26.0k -25,999
32 Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. 5.13% of their portfolio FORT WORTH, TX 706,436706.4k $31.9m $31.9m 5.13% Reduced -9.6k -9,610
33 Pinnacle Financial Group, LLC / IL 9.41% of their portfolio WESTERN SPRINGS, IL 688,286688.3k $31.1m $31.1m 9.41% Added +5.3k +5,316
34 Klingman & Associates, LLC 1.55% of their portfolio New York, NY 681,499681.5k $30.8m $30.8m 1.55% Reduced -4.8k -4,778
35 Charles Schwab Trust Co 2.01% of their portfolio HENDERSON, NV 655,599655.6k $29.6m $29.6m 2.01% Reduced -3.9k -3,860
36 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 633,867633.9k $28.7m $28.7m 0.03% Added +20.5k +20,482
37 ROTHSCHILD INVESTMENT LLC 1.58% of their portfolio CHICAGO, IL 618,102618.1k $27.9m $27.9m 1.58% Reduced -1.3k -1,286
38 Charter Capital Management, LLC\DE 14.01% of their portfolio BROOKFIELD, WI 574,412574.4k $26.0m $26.0m 14.01% Added +14.1k +14,136
39 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 558,699558.7k $24.9m $24.9m 0.03% Added +72.4k +72,448
40 SAXON INTERESTS, INC. 9.38% of their portfolio HOUSTON, TX 540,729540.7k $24.0m $24.0m 9.38% Added +15.5k +15,492
41 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 537,184537.2k $24.3m $24.3m 0.03% Added +49.6k +49,635
42 Pathstone Holdings, LLC 0.09% of their portfolio ENGLEWOOD, NJ 534,586534.6k $24.2m $24.2m 0.09% Reduced -509.3k -509,278
43 Forvis Mazars Wealth Advisors, LLC 0.47% of their portfolio Springfield, MO 527,133527.1k $23.8m $23.8m 0.47% Reduced -18.4k -18,367
44 Breakwater Capital Group 3.41% of their portfolio PARAMUS, NJ 510,273510.3k $23.1m $23.1m 3.41% Added +13.2k +13,238
45 Wharton Business Group, LLC 0.97% of their portfolio MALVERN, PA 493,135493.1k $22.3m $22.3m 0.97% Unchanged
46 Boulder Wealth Advisors, LLC 9.67% of their portfolio BOULDER, CO 460,109460.1k $20.8m $20.8m 9.67% First filing
47 McIlrath & Eck, LLC 2.12% of their portfolio ARLINGTON, WA 453,808453.8k $20.5m $20.5m 2.12% Reduced -23.3k -23,310
48 FLYNN ZITO CAPITAL MANAGEMENT, LLC 7.12% of their portfolio GARDEN CITY, NY 426,310426.3k $19.3m $19.3m 7.12% Reduced -61.4k -61,366
49 MERCER GLOBAL ADVISORS INC /ADV 0.03% of their portfolio DENVER, CO 414,083414.1k $18.7m $18.7m 0.03% Reduced -10.6k -10,604
50 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 393,408393.4k $17.8m $17.8m 0.05% Added +4.5k +4,543
51 Allworth Financial LP 0.08% of their portfolio FOLSOM, CA 386,443386.4k $17.5m $17.5m 0.08% Reduced -14.8k -14,816
52 BOYUM WEALTH ARCHITECTS LLC 10.60% of their portfolio BLOOMINGTON, MN 380,688380.7k $17.2m $17.2m 10.60% Added +36.6k +36,625
53 Focus Partners Wealth 0.03% of their portfolio ST LOUIS, MO 366,820366.8k $16.6m $16.6m 0.03% Added +623 +623
54 Pettinga Financial Advisors LLC 3.14% of their portfolio EVANSVILLE, IN 356,400356.4k $16.1m $16.1m 3.14% Reduced -27.7k -27,657
55 CAPTRUST FINANCIAL ADVISORS 0.03% of their portfolio RALEIGH, NC 348,825348.8k $15.8m $15.8m 0.03% Added +12.3k +12,255
56 Steward Partners Investment Advisory, LLC 0.09% of their portfolio STAMFORD, CT 341,588341.6k $15.4m $15.4m 0.09% Reduced -2.1k -2,074
57 World Investment Advisors 0.30% of their portfolio LINCROFT, NJ 325,300325.3k $14.7m $14.7m 0.30% Reduced -5.8k -5,785
58 Baker Ellis Asset Management LLC 1.81% of their portfolio Vancouver, WA 324,413324.4k $14.7m $14.7m 1.81% Reduced -1.3k -1,272
59 Stonebridge Financial Group, LLC 1.27% of their portfolio Wormleysburg, PA 319,653319.7k $14.5m $14.5m 1.27% Added +81 +81
60 Wealthspire Retirement, LLC 0.90% of their portfolio ALISO VIEJO, CA 312,934312.9k $14.1m $14.1m 0.90% Added +486 +486
61 Montz Harcus Wealth Management LLC 6.10% of their portfolio New Orleans, LA 309,216309.2k $14.0m $14.0m 6.10% Added +4.4k +4,416
62 Clear Harbor Asset Management, LLC 0.96% of their portfolio Stamford, CT 302,341302.3k $13.7m $13.7m 0.96% Reduced -3.4k -3,434
63 Ted Buchan & Co 5.33% of their portfolio San Diego, CA 301,068301.1k $13.6m $13.6m 5.33% Reduced -33.6k -33,589
64 Glenmede Investment Management, LP 0.06% of their portfolio PHILADELPHIA, PA 294,539294.5k $13.3m $13.3m 0.06% Reduced -9.7k -9,745
65 Cornerstone Wealth Management, LLC 0.69% of their portfolio ST. PETERS, MO 275,930275.9k $12.5m $12.5m 0.69% Added +5.2k +5,169
66 Compass Financial Group, Inc. 5.54% of their portfolio DEERFIELD BEACH, FL 272,901272.9k $12.3m $12.3m 5.54% Reduced -11.7k -11,677
67 OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC 0.57% of their portfolio SAN FRANCISCO, CA 250,206250.2k $11.3m $11.3m 0.57% Reduced -2.0k -2,000
68 Rodgers & Associates, LTD 1.16% of their portfolio Lancaster, PA 249,813249.8k $11.3m $11.3m 1.16% Reduced -4.4k -4,406
69 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 248,136248.1k $11.2m $11.2m 0.01% Added +209.8k +209,765
70 JNBA Financial Advisors 0.97% of their portfolio BLOOMINGTON, MN 236,336236.3k $10.7m $10.7m 0.97% Reduced -1.5k -1,473
71 Essex Financial Services, Inc. 0.64% of their portfolio ESSEX, CT 235,720235.7k $10.7m $10.7m 0.64% Added +5.0k +5,023
72 IEQ CAPITAL, LLC 0.03% of their portfolio Foster City, CA 228,363228.4k $10.3m $10.3m 0.03% Added +6.7k +6,734
73 Wealthspire Advisors, LLC 0.05% of their portfolio NEW YORK, NY 220,956221.0k $10.0m $10.0m 0.05% Added +133 +133
74 Trinity Legacy Partners, LLC 2.28% of their portfolio HOUSTON, TX 217,016217.0k $9.9m $9.9m 2.28% Added +2.6k +2,606
75 Vestmark Advisory Solutions, Inc. 0.18% of their portfolio Wakefield, MA 211,321211.3k $9.6m $9.6m 0.18% New
76 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 206,032206.0k $9.3m $9.3m 0.01% Added +7.5k +7,550
77 Arlington Financial Advisors, LLC 1.33% of their portfolio SANTA BARBARA, CA 200,621200.6k $9.1m $9.1m 1.33% Added +120 +120
78 FMR LLC 0.00% of their portfolio BOSTON, MA 195,861195.9k $8.9m $8.9m 0.00% Added +15.7k +15,680
79 Perigon Wealth Management, LLC 0.18% of their portfolio SAN FRANCISCO, CA 193,697193.7k $8.8m $8.8m 0.18% Added +10.9k +10,930
80 Marion Wealth Management 2.07% of their portfolio MONROEVILLE, PA 193,384193.4k $8.7m $8.7m 2.07% Added +201 +201
81 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 187,051187.1k $8.5m $8.5m 0.01% Added +1.1k +1,121
82 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 184,785184.8k $8.4m $8.4m 0.01% Added +21.7k +21,726
83 Woodside Wealth Management LLC 6.06% of their portfolio FRAMINGHAM, MA 170,000170.0k $7.7m $7.7m 6.06% Added +1.2k +1,225
84 WIMMER ASSOCIATES 1, LLC 3.68% of their portfolio PASADENA, CA 169,158169.2k $7.6m $7.6m 3.68% Added +219 +219
85 Resonant Capital Advisors, LLC 0.44% of their portfolio Madison, WI 166,454166.5k $7.5m $7.5m 0.44% Reduced -10.4k -10,410
86 SEVEN MILE ADVISORY 1.21% of their portfolio TALLAHASSEE, FL 166,242166.2k $7.5m $7.5m 1.21% New
87 Prosperity Consulting Group, LLC 0.35% of their portfolio OWINGS MILLS, MD 157,530157.5k $7.1m $7.1m 0.35% New
88 Intelligence Driven Advisers, LLC 0.95% of their portfolio CARLSBAD, CA 152,032152.0k $6.9m $6.9m 0.95% Reduced -1.1k -1,058
89 Journey Advisory Group, LLC 0.51% of their portfolio COVINGTON, KY 151,418151.4k $6.8m $6.8m 0.51% Reduced -7.0k -6,951
90 Three Bridge Wealth Advisors, LLC 1.70% of their portfolio LOS ALTOS, CA 146,290146.3k $6.6m $6.6m 1.70% Added +25.4k +25,373
91 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 141,341141.3k $6.4m $6.4m 0.02% Reduced -44.5k -44,474
92 Ellevest, Inc. 0.90% of their portfolio NEW YORK, NY 139,305139.3k $6.3m $6.3m 0.90% Unchanged
93 Creative Capital Management Investments LLC 1.97% of their portfolio SAN DIEGO, CA 136,483136.5k $6.2m $6.2m 1.97% Reduced -1.3k -1,310
94 BLAIR WILLIAM & CO/IL 0.02% of their portfolio CHICAGO, IL 135,154135.2k $6.1m $6.1m 0.02% Reduced -483 -483
95 MAI Capital Management 0.04% of their portfolio INDEPENDENCE, OH 134,225134.2k $6.1m $6.1m 0.04% Added +93.4k +93,375
96 Hirtle & Co., LLC 0.21% of their portfolio WEST CONSHOHOCKEN, PA 131,777131.8k $6.0m $6.0m 0.21% Unchanged
97 Cornerstone Advisory, LLC 0.58% of their portfolio HUNT VALLEY, MD 129,668129.7k $5.9m $5.9m 0.58% Reduced -1.5k -1,530
98 Lido Advisors, LLC 0.02% of their portfolio Los Angeles, CA 127,198127.2k $5.8m $5.8m 0.02% Added +9.4k +9,408
99 Federation des caisses Desjardins du Quebec 0.02% of their portfolio LEVIS, A8 124,661124.7k $5.6m $5.6m 0.02% Reduced -13.6k -13,587
100 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 122,654122.7k $5.5m $5.5m 0.01% Reduced -13.1k -13,103