Vault-13

INVESCO EXCHANGE TRADED FD T PRF

RAFI US 1000 ETF · ETP · CUSIP 46137V613

561 institutional holders +21 vs Q3 2025
106,007,641106.0m shares reported held*
$5.0bnreported value*
39 new 174 added 143 reduced 26 sold out net bought ≈ $104.9m (+2.3m 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 ($12.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $46.91.

Trends to Q4 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: 540Q4 25: 561561Q3 22Q2 23Q1 24Q4 24Q4 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
Q4 2025561

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 24: 181 bought or addedQ1 24: 167 cut or sold outQ2 24: 160 bought or addedQ2 24: 172 cut or sold outQ2 24Q3 24: 182 bought or addedQ3 24: 154 cut or sold outQ4 24: 163 bought or addedQ4 24: 175 cut or sold outQ4 24Q1 25: 177 bought or addedQ1 25: 186 cut or sold outQ2 25: 211 bought or addedQ2 25: 182 cut or sold outQ2 25Q3 25: 194 bought or addedQ3 25: 199 cut or sold outQ4 25: 213 bought or addedQ4 25: 169 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024181167
Q2 2024160172
Q3 2024182154
Q4 2024163175
Q1 2025177186
Q2 2025211182
Q3 2025194199
Q4 2025213169

Calls vs puts

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

CallsPuts
$0$25k$50k$75k$100kQ1 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 —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —
Numbers
QuarterCallsPutsP/C
Q1 2025$97.0k$4.0k0.04
Q2 2025$0$0—
Q3 2025$0$0—
Q4 2025$0$0—

Biggest buyers

Focus Partners Wealth Added +1,347,696+1.3m
Corient Private Wealth LP Added +754,055+754.1k
NATIONAL BANK OF CANADA /FI/ Added +533,930+533.9k
AMERIPRISE FINANCIAL INC Added +486,823+486.8k
Goodman Advisory Group, LLC New +418,663+418.7k
Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. Added +233,392+233.4k
LPL Financial LLC Added +188,790+188.8k
COMMONWEALTH EQUITY SERVICES, LLC Added +149,439+149.4k
CAPTRUST FINANCIAL ADVISORS Added +139,972+140.0k
WIN ADVISORS, INC New +98,799+98.8k

Biggest sellers

NorthCoast Asset Management LLC Sold out -1,284,595-1.3m
JPMORGAN CHASE & CO Reduced -639,637-639.6k
BANK OF AMERICA CORP /DE/ Reduced -566,501-566.5k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -126,699-126.7k
RFG Advisory, LLC Reduced -109,199-109.2k
Invesco Ltd. Reduced -66,813-66.8k
FDx Advisors, Inc. Sold out -66,111-66.1k
Breakwater Capital Group Reduced -61,062-61.1k
GUIDANCE CAPITAL, INC Reduced -59,219-59.2k
Waverly Advisors, LLC Reduced -55,152-55.2k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 11,010,23311.0m $516.6m $516.6m 0.04% Reduced -566.5k -566,501
2 AMERIPRISE FINANCIAL INC 0.08% of their portfolio MINNEAPOLIS, MN 7,712,4287.7m $361.9m $361.9m 0.08% Added +486.8k +486,823
3 PNC Financial Services Group, Inc. 0.13% of their portfolio Pittsburgh, PA 5,192,3855.2m $243.6m $243.6m 0.13% Added +97.2k +97,185
4 ENVESTNET ASSET MANAGEMENT INC 0.07% of their portfolio Berwyn, PA 4,784,4914.8m $224.5m $224.5m 0.07% Added +57.8k +57,759
5 Waverly Advisors, LLC 1.41% of their portfolio BIRMINGHAM, AL 3,703,2203.7m $173.8m $173.8m 1.41% Reduced -55.2k -55,152
6 Mariner, LLC 0.18% of their portfolio Overland Park, KS 3,135,4163.1m $147.1m $147.1m 0.18% Added +55.0k +54,954
7 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 3,071,9253.1m $144.1m $144.1m 0.01% Reduced -66.8k -66,813
8 COMMONWEALTH EQUITY SERVICES, LLC 0.19% of their portfolio WALTHAM, MA 3,013,2643.0m $141.4m $141.4m 0.19% Added +149.4k +149,439
9 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 2,727,4612.7m $128.0m $128.0m 0.03% Added +188.8k +188,790
10 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.17% of their portfolio PLYMOUTH, MN 2,589,2512.6m $124.6m $124.6m 0.17% Reduced -126.7k -126,699
11 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,135,8652.1m $100.2m $100.2m 0.01% Added +3.4k +3,367
12 Linscomb Wealth, Inc. 4.19% of their portfolio Houston, TX 2,129,3832.1m $99.9m $99.9m 4.19% Added +5.2k +5,250
13 D.A. DAVIDSON & CO. 0.59% of their portfolio GREAT FALLS, MT 2,055,8422.1m $96.5m $96.5m 0.59% Added +84.0k +84,012
14 Arbor Investment Advisors, LLC 12.52% of their portfolio WINSTON SALEM, NC 2,027,8802.0m $95.1m $95.1m 12.52% Reduced -31.1k -31,083
15 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 1,868,8561.9m $87.7m $87.7m 0.06% Added +53.3k +53,271
16 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,802,2191.8m $84.6m $84.6m 0.02% Reduced -23.1k -23,071
17 Focus Partners Wealth 0.09% of their portfolio ST LOUIS, MO 1,714,5161.7m $80.4m $80.4m 0.09% Added +1.3m +1,347,696
18 Berman McAleer LLC 10.04% of their portfolio TIMONIUM, MD 1,565,3031.6m $73.4m $73.4m 10.04% Added +9.2k +9,195
19 Corient Private Wealth LP 0.05% of their portfolio MIAMI, FL 1,492,9341.5m $70.0m $70.0m 0.05% Added +754.1k +754,055
20 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 1,419,3661.4m $66.6m $66.6m 0.02% Added +31.6k +31,639
21 RFG Advisory, LLC 1.14% of their portfolio BIRMINGHAM, AL 1,286,3301.3m $60.4m $60.4m 1.14% Reduced -109.2k -109,199
22 Pinnacle Financial Partners, Inc. 0.45% of their portfolio ATLANTA, GA 1,257,8331.3m $59.0m $59.0m 0.45% First filing
23 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,198,8151.2m $56.2m $56.2m 0.01% Reduced -25.7k -25,654
24 Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. 5.92% of their portfolio FORT WORTH, TX 939,828939.8k $44.1m $44.1m 5.92% Added +233.4k +233,392
25 Cetera Investment Advisers 0.05% of their portfolio SCHAUMBURG, IL 926,136926.1k $43.5m $43.5m 0.05% Added +15.8k +15,752
26 AlphaCore Capital LLC 0.94% of their portfolio LA JOLLA, CA 891,043891.0k $41.8m $41.8m 0.94% Reduced -45.0k -44,959
27 Larson Financial Group LLC 1.37% of their portfolio ST LOUIS, MO 870,722870.7k $40.9m $40.9m 1.37% Added +71.0k +70,996
28 UBS Group AG 0.01% of their portfolio ZURICH, V8 814,935814.9k $38.2m $38.2m 0.01% Reduced -26.5k -26,492
29 Garrett Wealth Advisory Group, LLC 7.18% of their portfolio WEATHERFORD, TX 810,044810.0k $38.0m $38.0m 7.18% Added +20.8k +20,807
30 GRIMES & Co WEALTH MANAGEMENT, LLC 0.87% of their portfolio WESTBOROUGH, MA 773,857773.9k $36.3m $36.3m 0.87% Reduced -11.4k -11,422
31 Klingman & Associates, LLC 1.54% of their portfolio New York, NY 681,565681.6k $32.0m $32.0m 1.54% Added +66 +66
32 Pinnacle Financial Group, LLC / IL 9.13% of their portfolio WESTERN SPRINGS, IL 670,384670.4k $31.5m $31.5m 9.13% Reduced -17.9k -17,902
33 Equitable Holdings, Inc. 0.21% of their portfolio NEW YORK, NY 661,057661.1k $31.0m $31.0m 0.21% Reduced -47.3k -47,333
34 Charles Schwab Trust Co 2.00% of their portfolio HENDERSON, NV 649,380649.4k $30.5m $30.5m 2.00% Reduced -6.2k -6,219
35 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 643,205643.2k $30.2m $30.2m 0.03% Added +9.3k +9,338
36 ROTHSCHILD INVESTMENT LLC 1.60% of their portfolio CHICAGO, IL 619,700619.7k $29.1m $29.1m 1.60% Added +1.6k +1,598
37 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 595,096595.1k $27.9m $27.9m 0.04% Added +36.4k +36,397
38 Charter Capital Management, LLC\DE 14.20% of their portfolio BROOKFIELD, WI 586,153586.2k $27.5m $27.5m 14.20% Added +11.7k +11,741
39 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 585,637585.6k $27.5m $27.5m 0.00% Reduced -639.6k -639,637
40 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 556,442556.4k $26.1m $26.1m 0.03% Added +19.3k +19,258
41 NATIONAL BANK OF CANADA /FI/ 0.03% of their portfolio MONTREAL, A8 543,715543.7k $25.5m $25.5m 0.03% Added +533.9k +533,930
42 Pathstone Holdings, LLC 0.10% of their portfolio ENGLEWOOD, NJ 534,717534.7k $25.1m $25.1m 0.10% Added +131 +131
43 SAXON INTERESTS, INC. 8.56% of their portfolio HOUSTON, TX 515,715515.7k $24.2m $24.2m 8.56% Reduced -25.0k -25,014
44 Forvis Mazars Wealth Advisors, LLC 0.45% of their portfolio Springfield, MO 513,270513.3k $24.1m $24.1m 0.45% Reduced -13.9k -13,863
45 Wharton Business Group, LLC 0.88% of their portfolio MALVERN, PA 493,135493.1k $23.1m $23.1m 0.88% Unchanged
46 CAPTRUST FINANCIAL ADVISORS 0.03% of their portfolio RALEIGH, NC 488,797488.8k $17.8m $17.8m 0.03% Added +140.0k +139,972
47 Boulder Wealth Advisors, LLC 9.68% of their portfolio BOULDER, CO 488,182488.2k $22.9m $22.9m 9.68% Added +28.1k +28,073
48 Breakwater Capital Group 2.94% of their portfolio PARAMUS, NJ 449,211449.2k $21.1m $21.1m 2.94% Reduced -61.1k -61,062
49 BOYUM WEALTH ARCHITECTS LLC 10.17% of their portfolio BLOOMINGTON, MN 448,707448.7k $21.8m $21.8m 10.17% Added +68.0k +68,019
50 FLYNN ZITO CAPITAL MANAGEMENT, LLC 7.29% of their portfolio GARDEN CITY, NY 434,431434.4k $20.4m $20.4m 7.29% Added +8.1k +8,121
51 Goodman Advisory Group, LLC 4.83% of their portfolio NEEDHAM, MA 418,663418.7k $19.6m $19.6m 4.83% New
52 McIlrath & Eck, LLC 1.82% of their portfolio ARLINGTON, WA 418,309418.3k $19.6m $19.6m 1.82% Reduced -35.5k -35,499
53 MERCER GLOBAL ADVISORS INC /ADV 0.03% of their portfolio DENVER, CO 409,919409.9k $19.2m $19.2m 0.03% Reduced -4.2k -4,164
54 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 405,867405.9k $19.0m $19.0m 0.05% Added +12.5k +12,459
55 Allworth Financial LP 0.07% of their portfolio FOLSOM, CA 383,398383.4k $18.0m $18.0m 0.07% Reduced -3.0k -3,045
56 Pettinga Financial Advisors LLC 3.33% of their portfolio EVANSVILLE, IN 374,209374.2k $17.6m $17.6m 3.33% Added +17.8k +17,809
57 Steward Partners Investment Advisory, LLC 0.08% of their portfolio STAMFORD, CT 327,670327.7k $15.4m $15.4m 0.08% Reduced -13.9k -13,918
58 Ted Buchan & Co 5.60% of their portfolio San Diego, CA 325,298325.3k $15.3m $15.3m 5.60% Added +24.2k +24,230
59 Baker Ellis Asset Management LLC 1.82% of their portfolio Vancouver, WA 322,115322.1k $15.1m $15.1m 1.82% Reduced -2.3k -2,298
60 Stonebridge Financial Group, LLC 1.28% of their portfolio Wormleysburg, PA 318,640318.6k $15.0m $15.0m 1.28% Reduced -1.0k -1,013
61 Wealthspire Retirement, LLC 0.90% of their portfolio ALISO VIEJO, CA 317,074317.1k $14.9m $14.9m 0.90% Added +4.1k +4,140
62 World Investment Advisors 0.24% of their portfolio LINCROFT, NJ 314,210314.2k $14.7m $14.7m 0.24% Reduced -11.1k -11,090
63 Montz Harcus Wealth Management LLC 5.95% of their portfolio New Orleans, LA 312,844312.8k $14.7m $14.7m 5.95% Added +3.6k +3,628
64 Clear Harbor Asset Management, LLC 1.00% of their portfolio Stamford, CT 311,689311.7k $14.6m $14.6m 1.00% Added +9.3k +9,348
65 Cornerstone Wealth Management, LLC 0.74% of their portfolio ST. PETERS, MO 304,493304.5k $14.3m $14.3m 0.74% Added +28.6k +28,563
66 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 296,875296.9k $13.9m $13.9m 0.01% Added +48.7k +48,739
67 GLENMEDE TRUST CO NA 0.07% of their portfolio PHILADELPHIA, PA 294,001294.0k $13.8m $13.8m 0.07% First filing
68 Compass Financial Group, Inc. 5.57% of their portfolio DEERFIELD BEACH, FL 268,765268.8k $12.6m $12.6m 5.57% Reduced -4.1k -4,136
69 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 264,886264.9k $12.4m $12.4m 0.01% Added +58.9k +58,854
70 Essex Financial Services, Inc. 0.68% of their portfolio ESSEX, CT 255,830255.8k $12.0m $12.0m 0.68% Added +20.1k +20,110
71 Rodgers & Associates, LTD 1.17% of their portfolio Lancaster, PA 245,251245.3k $11.5m $11.5m 1.17% Reduced -4.6k -4,562
72 OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC 0.58% of their portfolio SAN FRANCISCO, CA 240,139240.1k $11.3m $11.3m 0.58% Reduced -10.1k -10,067
73 JNBA Financial Advisors 0.95% of their portfolio BLOOMINGTON, MN 232,544232.5k $10.9m $10.9m 0.95% Reduced -3.8k -3,792
74 IEQ CAPITAL, LLC 0.03% of their portfolio Foster City, CA 228,472228.5k $10.7m $10.7m 0.03% Added +109 +109
75 Wealthspire Advisors, LLC 0.08% of their portfolio NEW YORK, NY 221,665221.7k $10.4m $10.4m 0.08% Added +709 +709
76 Trinity Legacy Partners, LLC 2.36% of their portfolio HOUSTON, TX 219,382219.4k $10.3m $10.3m 2.36% Added +2.4k +2,366
77 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 217,648217.6k $10.2m $10.2m 0.01% Added +32.9k +32,863
78 Vestmark Advisory Solutions, Inc. 0.14% of their portfolio Wakefield, MA 217,069217.1k $10.2m $10.2m 0.14% Added +5.7k +5,748
79 FMR LLC 0.00% of their portfolio BOSTON, MA 201,543201.5k $9.5m $9.5m 0.00% Added +5.7k +5,682
80 Arlington Financial Advisors, LLC 1.34% of their portfolio SANTA BARBARA, CA 199,409199.4k $9.4m $9.4m 1.34% Reduced -1.2k -1,212
81 Marion Wealth Management 2.11% of their portfolio MONROEVILLE, PA 195,733195.7k $9.5m $9.5m 2.11% Added +2.3k +2,349
82 Perigon Wealth Management, LLC 0.16% of their portfolio SAN FRANCISCO, CA 190,629190.6k $8.9m $8.9m 0.16% Reduced -3.1k -3,068
83 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 183,306183.3k $8.6m $8.6m 0.01% Reduced -3.7k -3,745
84 WIMMER ASSOCIATES 1, LLC 3.72% of their portfolio PASADENA, CA 170,574170.6k $8.0m $8.0m 3.72% Added +1.4k +1,416
85 Prosperity Consulting Group, LLC 0.36% of their portfolio OWINGS MILLS, MD 169,885169.9k $8.0m $8.0m 0.36% Added +12.4k +12,355
86 Woodside Wealth Management LLC 5.94% of their portfolio FRAMINGHAM, MA 169,705169.7k $8.0m $8.0m 5.94% Reduced -295 -295
87 SEVEN MILE ADVISORY 1.35% of their portfolio TALLAHASSEE, FL 166,905166.9k $7.8m $7.8m 1.35% Added +663 +663
88 Resonant Capital Advisors, LLC 0.43% of their portfolio Madison, WI 166,132166.1k $7.8m $7.8m 0.43% Reduced -322 -322
89 Quantinno Capital Management LP 0.01% of their portfolio NEW YORK, NY 147,349147.3k $6.9m $6.9m 0.01% Added +69.1k +69,099
90 Journey Advisory Group, LLC 0.58% of their portfolio COVINGTON, KY 146,552146.6k $6.9m $6.9m 0.58% Reduced -4.9k -4,866
91 Three Bridge Wealth Advisors, LLC 1.80% of their portfolio LOS ALTOS, CA 145,148145.1k $6.8m $6.8m 1.80% Reduced -1.1k -1,142
92 Intelligence Driven Advisers, LLC 0.96% of their portfolio CARLSBAD, CA 143,106143.1k $6.7m $6.7m 0.96% Reduced -8.9k -8,926
93 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 141,219141.2k $6.6m $6.6m 0.01% Added +51.4k +51,364
94 BLAIR WILLIAM & CO/IL 0.02% of their portfolio CHICAGO, IL 139,584139.6k $6.5m $6.5m 0.02% Added +4.4k +4,430
95 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 139,213139.2k $6.5m $6.5m 0.02% Reduced -2.1k -2,128
96 Ellevest, Inc. 0.90% of their portfolio NEW YORK, NY 139,106139.1k $6.5m $6.5m 0.90% Reduced -199 -199
97 Creative Capital Management Investments LLC 1.92% of their portfolio SAN DIEGO, CA 135,677135.7k $6.4m $6.4m 1.92% Reduced -806 -806
98 Hirtle & Co., LLC 0.21% of their portfolio WEST CONSHOHOCKEN, PA 131,777131.8k $6.2m $6.2m 0.21% Unchanged
99 Johnson & White Wealth Management, LLC 2.64% of their portfolio YORK, PA 129,454129.5k $6.1m $6.1m 2.64% Added +8.1k +8,125
100 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 128,334128.3k $6.0m $6.0m 0.01% Added +20.4k +20,355