Vault-13

INVESCO EXCH TRADED FD TR II XMLV

S&P MIDCP LOW · ETP · CUSIP 46138E198

189 institutional holders +0 vs Q1 2026
6,338,2286.3m shares reported held*
$421.0mreported value*
17 new 55 added 71 reduced 16 sold out net bought ≈ $22.3m (+340.1k 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 ($398 this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $66.41.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 185Q4 22: 199Q1 23: 191Q2 23: 189Q3 23: 184Q4 23: 191Q1 24: 194Q2 24: 187Q3 24: 187Q4 24: 202Q1 25: 195Q2 25: 202Q3 25: 193Q4 25: 192Q1 26: 189Q2 26: 189189Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022185
Q4 2022199
Q1 2023191
Q2 2023189
Q3 2023184
Q4 2023191
Q1 2024194
Q2 2024187
Q3 2024187
Q4 2024202
Q1 2025195
Q2 2025202
Q3 2025193
Q4 2025192
Q1 2026189
Q2 2026189

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 66 bought or addedQ3 24: 95 cut or sold outQ4 24: 79 bought or addedQ4 24: 77 cut or sold outQ4 24Q1 25: 78 bought or addedQ1 25: 86 cut or sold outQ2 25: 89 bought or addedQ2 25: 75 cut or sold outQ2 25Q3 25: 77 bought or addedQ3 25: 92 cut or sold outQ4 25: 68 bought or addedQ4 25: 91 cut or sold outQ4 25Q1 26: 79 bought or addedQ1 26: 77 cut or sold outQ2 26: 72 bought or addedQ2 26: 87 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20246695
Q4 20247977
Q1 20257886
Q2 20258975
Q3 20257792
Q4 20256891
Q1 20267977
Q2 20267287

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ3 25 calls: $48.2mQ3 25 puts: $13.0mQ3 25P/C 0.27Q4 25 calls: $46.1mQ4 25 puts: $12.9mQ4 25P/C 0.28Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —Q2 26 calls: $0Q2 26 puts: $0Q2 26P/C —
Numbers
QuarterCallsPutsP/C
Q3 2025$48.2m$13.0m0.27
Q4 2025$46.1m$12.9m0.28
Q1 2026$0$0—
Q2 2026$0$0—

Biggest buyers

Cambridge Investment Research Advisors, Inc. Added +491,859+491.9k
Kestra Advisory Services, LLC Added +62,828+62.8k
Arax Advisory Partners Added +34,522+34.5k
Private Advisor Group, LLC Added +14,918+14.9k
CITADEL ADVISORS LLC New +8,363+8.4k
Cetera Investment Advisers Added +7,911+7.9k
JONES FINANCIAL COMPANIES LLLP Added +7,550+7.5k
Merit Financial Group, LLC Added +7,545+7.5k
HRT FINANCIAL LP New +6,384+6.4k
AXXCESS WEALTH MANAGEMENT, LLC New +6,244+6.2k

Biggest sellers

RWA WEALTH PARTNERS, LLC Sold out -70,277-70.3k
LIBERTY ONE INVESTMENT MANAGEMENT, LLC Reduced -31,569-31.6k
Brookstone Capital Management Reduced -29,874-29.9k
SIGNATURE ESTATE & INVESTMENT ADVISORS LLC Sold out -29,605-29.6k
ENVESTNET ASSET MANAGEMENT INC Reduced -28,324-28.3k
Independent Advisor Alliance Sold out -19,305-19.3k
Mariner, LLC Reduced -18,950-18.9k
BANK OF AMERICA CORP /DE/ Reduced -16,048-16.0k
CreativeOne Wealth, LLC Reduced -11,633-11.6k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -11,603-11.6k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Cambridge Investment Research Advisors, Inc. 0.07% of their portfolio FAIRFIELD, IA 969,066969.1k $64.3m $64.3m 0.07% Added +491.9k +491,859
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 636,369636.4k $42.2m $42.2m 0.00% Added +3.8k +3,772
3 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 461,219461.2k $30.6m $30.6m 0.01% Added +1.5k +1,516
4 UBS Group AG 0.00% of their portfolio ZURICH, V8 289,738289.7k $19.2m $19.2m 0.00% Reduced -341 -341
5 Brookstone Capital Management 0.18% of their portfolio WHEATON, IL 276,555276.6k $18.3m $18.3m 0.18% Reduced -29.9k -29,874
6 DORVAL Corp 5.08% of their portfolio MAPLE GROVE, MN 266,274266.3k $17.7m $17.7m 5.08% Added +4.5k +4,543
7 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 225,617225.6k $15.0m $15.0m 0.00% Reduced -28.3k -28,324
8 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 200,860200.9k $13.3m $13.3m 0.01% Reduced -3.6k -3,590
9 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 181,336181.3k $12.0m $12.0m 0.00% Reduced -708 -708
10 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 173,963174.0k $11.5m $11.5m 0.00% Reduced -9.8k -9,812
11 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 163,370163.4k $10.9m $10.9m 0.00% Added +7.5k +7,550
12 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 160,364160.4k $10.6m $10.6m 0.01% Reduced -11.6k -11,603
13 Merit Financial Group, LLC 0.06% of their portfolio ALPHARETTA, GA 152,060152.1k $10.1m $10.1m 0.06% Added +7.5k +7,545
14 PFS Partners, LLC 3.60% of their portfolio MINE HILL, NJ 134,082134.1k $8.9m $8.9m 3.60% Added +3.2k +3,249
15 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 112,985113.0k $7.5m $7.5m 0.01% Added +7.9k +7,911
16 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 107,604107.6k $7.1m $7.1m 0.01% Reduced -1.6k -1,591
17 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 103,178103.2k $6.8m $6.8m 0.00% Reduced -16.0k -16,048
18 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 81,63181.6k $5.4m $5.4m 0.00% Reduced -4.2k -4,221
19 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 79,33479.3k $5.3m $5.3m 0.00% Added +4.1k +4,144
20 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 76,02476.0k $5.0m $5.0m 0.02% Added +62.8k +62,828
21 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 73,85073.8k $4.9m $4.9m 0.00% Added +6.2k +6,154
22 ProVise Management Group, LLC 0.29% of their portfolio CLEARWATER, FL 66,24666.2k $4.4m $4.4m 0.29% Reduced -6.2k -6,164
23 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 62,44962.4k $4.1m $4.1m 0.00% Reduced -187 -187
24 HARBOUR INVESTMENTS, INC. 0.04% of their portfolio MADISON, WI 49,86949.9k $3.3m $3.3m 0.04% Reduced -619 -619
25 LMCG INVESTMENTS, LLC 0.17% of their portfolio BOSTON, MA 49,06049.1k $3.3m $3.3m 0.17% Added +760 +760
26 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 42,75342.8k $2.8m $2.8m 0.01% Added +2.7k +2,733
27 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 41,61941.6k $2.8m $2.8m 0.00% Added +150 +150
28 Prime Capital Investment Advisors, LLC 0.03% of their portfolio OVERLAND PARK, KS 40,28040.3k $2.7m $2.7m 0.03% Reduced -60 -60
29 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 36,50036.5k $2.4m $2.4m 0.00% Unchanged
30 Arax Advisory Partners 0.02% of their portfolio NEW YORK, NY 36,05336.1k $2.4m $2.4m 0.02% Added +34.5k +34,522
31 Johnson & White Wealth Management, LLC 0.82% of their portfolio YORK, PA 33,06633.1k $2.2m $2.2m 0.82% Reduced -991 -991
32 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 31,27431.3k $2.1m $2.1m 0.00% Added +1.8k +1,795
33 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 28,78028.8k $1.9m $1.9m 0.01% Added +14.9k +14,918
34 Three Bearings Fiduciary Advisors, Inc. 1.57% of their portfolio HAMPTON, NH 26,36126.4k $1.7m $1.7m 1.57% Reduced -3.0k -3,024
35 Investment Partners Asset Management, Inc. 0.91% of their portfolio METUCHEN, NJ 24,68924.7k $1.6m $1.6m 0.91% Added +636 +636
36 MassMutual Private Wealth & Trust, FSB 0.04% of their portfolio Windsor, CT 23,82623.8k $1.6m $1.6m 0.04% Reduced -390 -390
37 JFS WEALTH ADVISORS, LLC 0.07% of their portfolio HERMITAGE, PA 20,66320.7k $1.4m $1.4m 0.07% Reduced -458 -458
38 Golden State Wealth Management, LLC 0.12% of their portfolio SANTA ANA, CA 20,01020.0k $1.3m $1.3m 0.12% Reduced -78 -78
39 Pacific Sun Financial Corp 0.54% of their portfolio LOS ANGELES, CA 19,64519.6k $1.3m $1.3m 0.54% Reduced -1.1k -1,120
40 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 19,34719.3k $1.3m $1.3m 0.01% Reduced -818 -818
41 CALTON & ASSOCIATES, INC. 0.19% of their portfolio Tampa, FL 19,11319.1k $1.3m $1.3m 0.19% Reduced -4.3k -4,251
42 Tempo Wealth, LLC 0.19% of their portfolio INDEPENDENCE, OH 18,85218.9k $1.3m $1.3m 0.19% Reduced -118 -118
43 Avestar Capital, LLC 0.07% of their portfolio New York, NY 16,58916.6k $1.1m $1.1m 0.07% Added +1.0k +1,032
44 MorganRosel Wealth Management, LLC 0.37% of their portfolio HIGHLANDS RANCH, CO 16,46016.5k $1.1m $1.1m 0.37% Added +2.2k +2,225
45 Arkadios Wealth Advisors 0.02% of their portfolio ATLANTA, GA 15,67615.7k $1.0m $1.0m 0.02% Reduced -464 -464
46 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 15,23915.2k $1.0m $1.0m 0.00% Added +5 +5
47 Mariner, LLC 0.00% of their portfolio Overland Park, KS 15,02415.0k $996.5k $996.5k 0.00% Reduced -18.9k -18,950
48 1900 WEALTH MANAGEMENT LLC 0.05% of their portfolio SAN ANTONIO, TX 14,28014.3k $947.2k $947.2k 0.05% Reduced -945 -945
49 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.01% of their portfolio IRVING, TX 13,99114.0k $928.3k $928.3k 0.01% Reduced -70 -70
50 Visionary Wealth Advisors 0.04% of their portfolio O'FALLON, IL 13,81313.8k $916.2k $916.2k 0.04% Reduced -20 -20
51 CARLSON FINANCIAL, INC. 0.44% of their portfolio CANBY, OR 13,10213.1k $869.1k $869.1k 0.44% Reduced -17 -17
52 Clear Creek Financial Management, LLC 0.06% of their portfolio SILVERDALE, WA 12,95713.0k $859.4k $859.4k 0.06% Reduced -1.2k -1,157
53 Snowden Capital Advisors LLC 0.02% of their portfolio New York, NY 11,91111.9k $790.1k $790.1k 0.02% Reduced -73 -73
54 Daiwa Securities Group Inc. 0.00% of their portfolio CHIYODA-KU,TOKYO, M0 11,50011.5k $762.8k $762.8k 0.00% Added +400 +400
55 FMR LLC 0.00% of their portfolio BOSTON, MA 11,11611.1k $737.4k $737.4k 0.00% Added +2.7k +2,700
56 Portland Financial Advisors Inc 1.34% of their portfolio PORT WASHINGTON, NY 11,08911.1k $735.5k $735.5k 1.34% Unchanged
57 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 10,98011.0k $728.3k $728.3k 0.01% Reduced -381 -381
58 MOSAIC FAMILY WEALTH PARTNERS, LLC 0.05% of their portfolio ST. LOUIS, MO 10,90810.9k $723.5k $723.5k 0.05% Reduced -127 -127
59 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 10,62510.6k $704.8k $704.8k 0.00% Reduced -471 -471
60 Well Done, LLC 0.09% of their portfolio HOLLAND, MI 10,49210.5k $695.9k $695.9k 0.09% Reduced -193 -193
61 Waverly Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 10,39910.4k $689.7k $689.7k 0.00% Added +60 +60
62 Prosperity Consulting Group, LLC 0.03% of their portfolio OWINGS MILLS, MD 10,22810.2k $678.4k $678.4k 0.03% Unchanged
63 Sculati Wealth Management, LLC 0.23% of their portfolio Bloomfield Hills, MI 10,20110.2k $701.0k $701.0k 0.23% Reduced -77 -77
64 Essex Financial Services, Inc. 0.03% of their portfolio ESSEX, CT 10,00510.0k $663.6k $663.6k 0.03% Reduced -668 -668
65 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 9,3969.4k $623.2k $623.2k 0.00% Reduced -4.9k -4,905
66 J.W. COLE ADVISORS, INC. 0.01% of their portfolio TAMPA, FL 9,3089.3k $617.4k $617.4k 0.01% Reduced -64 -64
67 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 9,1659.2k $607.9k $607.9k 0.00% Reduced -705 -705
68 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 8,8538.9k $587.2k $587.2k 0.00% Unchanged
69 COMMERCE BANK 0.00% of their portfolio KANSAS CITY, MO 8,7898.8k $583.0k $583.0k 0.00% Reduced -1.5k -1,512
70 CHOREO, LLC 0.01% of their portfolio ROCKFORD, IL 8,6068.6k $570.8k $570.8k 0.01% Reduced -742 -742
71 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 8,3638.4k $554.7k $554.7k 0.00% New
72 Spectrum Wealth Advisory Group, LLC 0.16% of their portfolio GRANITE BAY, CA 8,2268.2k $545.6k $545.6k 0.16% Added +5 +5
73 Syntegra Private Wealth Group, LLC 0.04% of their portfolio Chesterfield, MO 7,9778.0k $529.1k $529.1k 0.04% Unchanged
74 Wealthcare Advisory Partners LLC 0.01% of their portfolio WEST CHESTER, PA 7,8877.9k $523.1k $523.1k 0.01% Reduced -150 -150
75 Petix & Botte Co 0.10% of their portfolio LA MESA, CA 7,7307.7k $512.7k $512.7k 0.10% Added +3.9k +3,866
76 Destiny Capital Corp/CO 0.24% of their portfolio DENVER, CO 7,6577.7k $507.9k $507.9k 0.24% Reduced -683 -683
77 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 7,6547.7k $513.6k $513.6k 0.00% Added +78 +78
78 SHEETS SMITH WEALTH MANAGEMENT 0.05% of their portfolio WINSTON-SALEM, NC 7,5997.6k $504.1k $504.1k 0.05% Reduced -1.4k -1,388
79 ERn Financial, LLC 0.08% of their portfolio MIDDLETON, WI 7,4577.5k $494.6k $494.6k 0.08% Reduced -817 -817
80 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 7,4467.4k $493.9k $493.9k 0.00% Reduced -4.5k -4,450
81 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 7,2027.2k $477.7k $477.7k 0.00% Added +3.1k +3,072
82 Synergy Investment Management, LLC 0.11% of their portfolio ALTAMONTE SPRINGS, FL 7,0877.1k $470.1k $470.1k 0.11% Reduced -973 -973
83 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 6,8546.9k $454.6k $454.6k 0.01% Reduced -11.6k -11,633
84 Dynamic Advisor Solutions LLC 0.01% of their portfolio PHOENIX, AZ 6,7006.7k $444.4k $444.4k 0.01% Added +2 +2
85 Avant Capital LLC 0.27% of their portfolio LAFAYETTE, LA 6,6086.6k $438.3k $438.3k 0.27% Reduced -1.4k -1,433
86 Jacobi Capital Management LLC 0.02% of their portfolio PITTSTON, PA 6,5976.6k $437.6k $437.6k 0.02% Added +47 +47
87 Ashton Thomas Private Wealth, LLC 0.01% of their portfolio SCOTTSDALE, AZ 6,5766.6k $436.2k $436.2k 0.01% Added +16 +16
88 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 6,5296.5k $433.1k $433.1k 0.00% Added +645 +645
89 GREAT VALLEY ADVISOR GROUP, INC. 0.01% of their portfolio WILMINGTON, DE 6,5026.5k $431.6k $431.6k 0.01% Added +191 +191
90 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 6,3846.4k $423.0k $423.0k 0.00% New
91 PETRA FINANCIAL ADVISORS INC 0.19% of their portfolio COLORADO SRPINGS, CO 6,2526.3k $414.7k $414.7k 0.19% Added +15 +15
92 AXXCESS WEALTH MANAGEMENT, LLC 0.01% of their portfolio CARLSBAD, CA 6,2446.2k $414.2k $414.2k 0.01% New
93 Atlas Legacy Advisors, LLC 0.06% of their portfolio LOS ANGELES, CA 6,2446.2k $414.2k $414.2k 0.06% Added +659 +659
94 Accel Wealth Management 0.09% of their portfolio WAVERLY, IA 6,2416.2k $414.0k $414.0k 0.09% Added +31 +31
95 Dana Investment Advisors, Inc. 0.01% of their portfolio BROOKFIELD, WI 6,1076.1k $405.1k $405.1k 0.01% Unchanged
96 Harvest Investment Services, LLC 0.06% of their portfolio Oakbrook Terrace, IL 5,9576.0k $395.1k $395.1k 0.06% Reduced -103 -103
97 MONEYWISE, INC. 0.15% of their portfolio FOREST, VA 5,9065.9k $391.7k $391.7k 0.15% Reduced -858 -858
98 Inspire Advisors, LLC 0.03% of their portfolio Meridian, ID 5,8725.9k $389.5k $389.5k 0.03% Reduced -207 -207
99 SUMMIT WEALTH GROUP LLC / CO 0.03% of their portfolio COLORADO SPRINGS, CO 5,6155.6k $372.4k $372.4k 0.03% Added +9 +9
100 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 5,6015.6k $371.5k $371.5k 0.00% Reduced -32 -32