Vault-13

INVESCO EXCH TRADED FD TR II SPMO

S&P 500 MOMNTM · ETP · CUSIP 46138E339

474 institutional holders +82 vs Q1 2025
52,851,22952.9m shares reported held*
$5.9bnreported value*
108 new 239 added 93 reduced 33 sold out net bought ≈ $1.9bn (+16.7m 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 ($21.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $112.39. Options: 3 managers hold calls ($10.2m notional), 3 hold puts ($1.6m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 45Q4 22: 61Q1 23: 56Q2 23: 55Q3 23: 61Q4 23: 60Q1 24: 144Q2 24: 188Q3 24: 220Q4 24: 352Q1 25: 392Q2 25: 474474Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202245
Q4 202261
Q1 202356
Q2 202355
Q3 202361
Q4 202360
Q1 2024144
Q2 2024188
Q3 2024220
Q4 2024352
Q1 2025392
Q2 2025474

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 23: 23 bought or addedQ3 23: 31 cut or sold outQ4 23: 28 bought or addedQ4 23: 27 cut or sold outQ4 23Q1 24: 112 bought or addedQ1 24: 23 cut or sold outQ2 24: 151 bought or addedQ2 24: 37 cut or sold outQ2 24Q3 24: 138 bought or addedQ3 24: 85 cut or sold outQ4 24: 244 bought or addedQ4 24: 76 cut or sold outQ4 24Q1 25: 281 bought or addedQ1 25: 124 cut or sold outQ2 25: 347 bought or addedQ2 25: 126 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20232331
Q4 20232827
Q1 202411223
Q2 202415137
Q3 202413885
Q4 202424476
Q1 2025281124
Q2 2025347126

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ3 24 calls: $2.0mQ3 24 puts: $2.7mQ3 24P/C 1.32Q4 24 calls: $1.0mQ4 24 puts: $1.1mQ4 24P/C 1.05Q1 25 calls: $2.2mQ1 25 puts: $1.4mQ1 25P/C 0.66Q2 25 calls: $10.2mQ2 25 puts: $1.6mQ2 25P/C 0.15
Numbers
QuarterCallsPutsP/C
Q3 2024$2.0m$2.7m1.32
Q4 2024$1.0m$1.1m1.05
Q1 2025$2.2m$1.4m0.66
Q2 2025$10.2m$1.6m0.15

Biggest buyers

ENVESTNET ASSET MANAGEMENT INC Added +2,151,980+2.2m
LPL Financial LLC Added +1,762,829+1.8m
MAINSTAY CAPITAL MANAGEMENT LLC /ADV Added +1,388,287+1.4m
MORGAN STANLEY Added +1,252,492+1.3m
CWM, LLC Added +1,144,827+1.1m
OSAIC HOLDINGS, INC. Added +612,432+612.4k
BANK OF AMERICA CORP /DE/ Added +562,290+562.3k
Clark Capital Management Group, Inc. Added +543,093+543.1k
RAYMOND JAMES FINANCIAL INC Added +501,664+501.7k
Redhawk Wealth Advisors, Inc. New +440,059+440.1k

Biggest sellers

BNP PARIBAS FINANCIAL MARKETS Reduced -415,589-415.6k
UBS Group AG Reduced -342,150-342.1k
One Capital Management, LLC Reduced -275,293-275.3k
Trilogy Capital Inc. Reduced -245,179-245.2k
USAdvisors Wealth Management, LLC Reduced -209,498-209.5k
Mirae Asset Global Investments Co., Ltd. Sold out -140,518-140.5k
CAPSTONE WEALTH MANAGEMENT GROUP, LLC Sold out -116,148-116.1k
Brookwood Investment Group LLC Reduced -110,822-110.8k
Empowered Funds, LLC Sold out -97,862-97.9k
Qube Research & Technologies Ltd Reduced -91,275-91.3k

Biggest calls

JANE STREET GROUP, LLC New $5.6m50.0k shares
CITADEL ADVISORS LLC Added $4.2m36.9k shares
Belvedere Trading LLC Reduced $416.1k3.7k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $1.4m12.6k shares
Belvedere Trading LLC Added $135.0k1.2k shares
Private Advisor Group, LLC Added $341.5k shares

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 ENVESTNET ASSET MANAGEMENT INC 0.27% of their portfolio Berwyn, PA 8,166,5378.2m $918.5m $918.5m 0.27% Added +2.2m +2,151,980
2 LPL Financial LLC 0.20% of their portfolio FORT MILL, SC 5,342,0705.3m $600.8m $600.8m 0.20% Added +1.8m +1,762,829
3 MAINSTAY CAPITAL MANAGEMENT LLC /ADV 14.58% of their portfolio GRAND BLANC, MI 2,628,6532.6m $295.6m $295.6m 14.58% Added +1.4m +1,388,287
4 CWM, LLC 0.97% of their portfolio OMAHA, NE 2,458,0252.5m $276.5m $276.5m 0.97% Added +1.1m +1,144,827
5 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 2,411,3492.4m $271.2m $271.2m 0.02% Added +562.3k +562,290
6 Clark Capital Management Group, Inc. 1.74% of their portfolio PHILADELPHIA, PA 2,226,3012.2m $250.4m $250.4m 1.74% Added +543.1k +543,093
7 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,782,1411.8m $200.4m $200.4m 0.01% Added +1.3m +1,252,492
8 OSAIC HOLDINGS, INC. 0.21% of their portfolio SCOTTSDALE, AZ 1,097,3931.1m $120.1m $120.1m 0.21% Added +612.4k +612,432
9 MONEY CONCEPTS CAPITAL CORP 7.48% of their portfolio PALM BEACH GARDENS, FL 994,382994.4k $111.8m $111.8m 7.48% Added +195.9k +195,936
10 Orion Porfolio Solutions, LLC 0.94% of their portfolio OMAHA, NE 978,755978.8k $110.1m $110.1m 0.94% Added +266.2k +266,205
11 Cetera Investment Advisers 0.18% of their portfolio SCHAUMBURG, IL 956,288956.3k $107.6m $107.6m 0.18% Added +401.5k +401,481
12 RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio ST. PETERSBURG, FL 827,966828.0k $93.1m $93.1m 0.03% Added +501.7k +501,664
13 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.07% of their portfolio MILWAUKEE, WI 812,704812.7k $91.4m $91.4m 0.07% Added +281.6k +281,601
14 Alpine Bank Wealth Management 13.64% of their portfolio GRAND JUNCTION, CO 802,816802.8k $90.3m $90.3m 13.64% Added +193.9k +193,882
15 Cambridge Investment Research Advisors, Inc. 0.24% of their portfolio FAIRFIELD, IA 705,218705.2k $79.3m $79.3m 0.24% Added +181.4k +181,369
16 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 649,186649.2k $73.0m $73.0m 0.01% Reduced -30.5k -30,509
17 PLANNING ALTERNATIVES LTD /ADV 9.28% of their portfolio BIRMINGHAM, MI 592,909592.9k $66.7m $66.7m 9.28% Added +235.9k +235,934
18 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 591,633591.6k $66.5m $66.5m 0.01% Added +333.9k +333,900
19 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 562,040562.0k $63.2m $63.2m 0.01% Added +325.6k +325,609
20 MML INVESTORS SERVICES, LLC 0.17% of their portfolio SPRINGFIELD, MA 508,615508.6k $57.2m $57.2m 0.17% Added +224.7k +224,687
21 PRINCIPAL SECURITIES, INC. 1.04% of their portfolio DES MOINES, IA 492,791492.8k $55.4m $55.4m 1.04% Added +251.9k +251,876
22 Redhawk Wealth Advisors, Inc. 6.21% of their portfolio MINNEAPOLIS, MN 440,059440.1k $49.5m $49.5m 6.21% New
23 TWO SIGMA INVESTMENTS, LP 0.09% of their portfolio NEW YORK, NY 437,400437.4k $49.2m $49.2m 0.09% New
24 Marks Wealth, LLC 15.71% of their portfolio ELLICOTT CITY, MD 430,616430.6k $48.4m $48.4m 15.71% New
25 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.08% of their portfolio PLYMOUTH, MN 428,698428.7k $48.2m $48.2m 0.08% Added +168.9k +168,877
26 Family Investment Center, Inc. 10.80% of their portfolio Saint Joseph, MO 423,841423.8k $47.7m $47.7m 10.80% Added +16.6k +16,644
27 Equitable Holdings, Inc. 0.31% of their portfolio NEW YORK, NY 339,658339.7k $38.2m $38.2m 0.31% Added +30.7k +30,698
28 Redwood Investment Management, LLC 3.35% of their portfolio SCOTTSDALE, AZ 281,193281.2k $31.6m $31.6m 3.35% Added +45.9k +45,947
29 UBS Group AG 0.01% of their portfolio ZURICH, V8 274,208274.2k $30.8m $30.8m 0.01% Reduced -342.1k -342,150
30 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 257,054257.1k $28.9m $28.9m 0.04% Added +135.7k +135,721
31 Thrivent Financial for Lutherans 0.06% of their portfolio Minneapolis, MN 247,366247.4k $27.8m $27.8m 0.06% Added +169.6k +169,631
32 RVW Wealth, LLC 2.16% of their portfolio LOS ANGELES, CA 226,007226.0k $25.4m $25.4m 2.16% Added +25.6k +25,556
33 Insight Wealth Strategies, LLC 3.09% of their portfolio SAN RAMON, CA 221,074221.1k $24.5m $24.5m 3.09% Reduced -298 -298
34 Fortis Group Advisors, LLC 4.60% of their portfolio WESTWOOD, NJ 218,999219.0k $25.3m $25.3m 4.60% Added +53.6k +53,564
35 HBW ADVISORY SERVICES LLC 3.04% of their portfolio SIMI VALLEY, CA 218,875218.9k $24.6m $24.6m 3.04% Added +35.7k +35,683
36 Performance Wealth Partners, LLC 0.78% of their portfolio HINSDALE, IL 215,419215.4k $24.2m $24.2m 0.78% New
37 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 206,300206.3k $23.2m $23.2m 0.02% Reduced -80.1k -80,145
38 Triton Wealth Management, PLLC 9.76% of their portfolio SUN CITY, AZ 200,151200.2k $22.9m $22.9m 9.76% First filing
39 BANK OF NOVA SCOTIA 0.05% of their portfolio TORONTO, A6 200,000200.0k $22.5m $22.5m 0.05% New
40 Mariner, LLC 0.03% of their portfolio Overland Park, KS 190,527190.5k $21.4m $21.4m 0.03% Added +134.0k +134,049
41 Sanctuary Advisors, LLC 0.12% of their portfolio INDIANAPOLIS, IN 178,106178.1k $20.0m $20.0m 0.12% Added +124.1k +124,118
42 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 170,465170.5k $19.2m $19.2m 0.02% Added +76.2k +76,212
43 Austin Private Wealth, LLC 1.51% of their portfolio Austin, TX 169,633169.6k $19.1m $19.1m 1.51% Added +1.7k +1,694
44 PARK AVENUE SECURITIES LLC 0.17% of their portfolio NEW YORK, NY 165,854165.9k $18.7m $18.7m 0.17% Added +61.6k +61,560
45 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 165,330165.3k $18.6m $18.6m 0.00% Reduced -38.9k -38,925
46 AXXCESS WEALTH MANAGEMENT, LLC 0.44% of their portfolio CARLSBAD, CA 162,649162.6k $18.3m $18.3m 0.44% Added +102.7k +102,673
47 WIN ADVISORS, INC 8.52% of their portfolio PALM BEACH GARDENS, FL 157,070157.1k $17.7m $17.7m 8.52% Added +128.4k +128,389
48 Stratos Wealth Partners, LTD. 0.23% of their portfolio BEACHWOOD, OH 154,539154.5k $17.4m $17.4m 0.23% Added +137.9k +137,919
49 Envestnet Portfolio Solutions, Inc. 0.06% of their portfolio BERWYN, PA 154,183154.2k $17.3m $17.3m 0.06% Reduced -1.3k -1,300
50 Private Advisor Group, LLC 0.09% of their portfolio MORRISTOWN, NJ 153,358153.4k $17.2m $17.2m 0.09% Added +27.8k +27,783
51 Ascent Group, LLC 0.67% of their portfolio VIRGINIA BEACH, VA 152,214152.2k $17.1m $17.1m 0.67% Reduced -1.8k -1,823
52 Ethos Financial Group, LLC 1.44% of their portfolio KING OF PRUSSIA, PA 148,375148.4k $16.7m $16.7m 1.44% New
53 Invst, LLC 2.06% of their portfolio INDIANAPOLIS, IN 146,839146.8k $16.5m $16.5m 2.06% New
54 Parker Investment Management, LLC 2.44% of their portfolio Menlo Park, CA 141,338141.3k $15.9m $15.9m 2.44% New
55 BFI Infinity Ltd. 12.99% of their portfolio ZURICH, V8 138,176138.2k $15.5m $15.5m 12.99% Added +128.7k +128,650
56 Vigilare Wealth Management 5.75% of their portfolio SCOTTSDALE, AZ 136,473136.5k $15.3m $15.3m 5.75% Added +88.8k +88,849
57 One Capital Management, LLC 0.53% of their portfolio WESTLAKE VILLAGE, CA 136,330136.3k $15.3m $15.3m 0.53% Reduced -275.3k -275,293
58 Trilogy Capital Inc. 0.74% of their portfolio IRVINE, CA 135,739135.7k $15.3m $15.3m 0.74% Reduced -245.2k -245,179
59 Concurrent Investment Advisors, LLC 0.30% of their portfolio Tampa, FL 135,238135.2k $15.2m $15.2m 0.30% Added +7.9k +7,889
60 Altus Wealth Group LLC 6.54% of their portfolio COLORADO SPRINGS, CO 131,514131.5k $14.8m $14.8m 6.54% Added +4.4k +4,381
61 Atria Investments, Inc 0.17% of their portfolio Charlotte, NC 130,195130.2k $14.6m $14.6m 0.17% Added +113.8k +113,814
62 SigFig Wealth Management, LLC 0.48% of their portfolio SAN FRANCISCO, CA 128,364128.4k $14.4m $14.4m 0.48% Added +38.9k +38,914
63 CreativeOne Wealth, LLC 0.37% of their portfolio OVERLAND PARK, KS 124,805124.8k $14.0m $14.0m 0.37% Added +5.7k +5,747
64 Seros Financial, LLC 8.82% of their portfolio TEMPE, AZ 123,761123.8k $13.9m $13.9m 8.82% Reduced -11.1k -11,135
65 Financial Enhancement Group LLC 1.95% of their portfolio ANDERSON, IN 121,605121.6k $13.6m $13.6m 1.95% Reduced -3.0k -2,971
66 Brookwood Investment Group LLC 2.20% of their portfolio PHOENIX, AZ 121,584121.6k $13.7m $13.7m 2.20% Reduced -110.8k -110,822
67 Kovack Advisors, Inc. 1.34% of their portfolio FT. LAUDERDALE, FL 121,504121.5k $13.7m $13.7m 1.34% New
68 IHT Wealth Management, LLC 0.37% of their portfolio Chicago, IL 121,171121.2k $13.6m $13.6m 0.37% Added +2.1k +2,076
69 Bull Oak Capital, LLC 5.82% of their portfolio RANCHO SANTA FE, CA 113,569113.6k $12.8m $12.8m 5.82% New
70 HARBOUR INVESTMENTS, INC. 0.32% of their portfolio MADISON, WI 112,714112.7k $12.7m $12.7m 0.32% Added +25.7k +25,716
71 AVANTAX ADVISORY SERVICES, INC. 0.07% of their portfolio DALLAS, TX 108,008108.0k $12.1m $12.1m 0.07% Added +42.9k +42,931
72 INTEGRITY ALLIANCE, LLC. 0.66% of their portfolio Urbandale, IA 106,652106.7k $12.0m $12.0m 0.66% Reduced -17.7k -17,744
73 Goldstein Advisors, LLC 1.61% of their portfolio Madison, WI 106,381106.4k $12.0m $12.0m 1.61% Reduced -1.8k -1,792
74 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 105,820105.8k $11.9m $11.9m 0.01% New
75 FISCHER INVESTMENT STRATEGIES, LLC 7.55% of their portfolio Westlake Village, CA 99,987100.0k $11.2m $11.2m 7.55% Added +81.7k +81,707
76 IFG Advisory, LLC 0.55% of their portfolio ATLANTA, GA 98,07098.1k $11.0m $11.0m 0.55% Added +1.2k +1,176
77 Capitolis Liquid Global Markets LLC 0.08% of their portfolio NEW YORK, NY 91,80091.8k $10.3m $10.3m 0.08% New
78 Mutual Advisors, LLC 0.25% of their portfolio OMAHA, NE 88,56188.6k $10.2m $10.2m 0.25% Added +71.2k +71,240
79 Perigon Wealth Management, LLC 0.22% of their portfolio SAN FRANCISCO, CA 83,16883.2k $9.4m $9.4m 0.22% Added +12.0k +11,965
80 SIERRA OCEAN, LLC 6.63% of their portfolio RIPON, CA 81,79981.8k $9.2m $9.2m 6.63% Added +8.1k +8,055
81 CFS Investment Advisory Services, LLC 0.74% of their portfolio TOTOWA, NJ 80,63480.6k $9.1m $9.1m 0.74% Reduced -530 -530
82 Clear Creek Financial Management, LLC 0.86% of their portfolio SILVERDALE, WA 80,24880.2k $9.0m $9.0m 0.86% Added +4.9k +4,857
83 Atria Wealth Solutions, Inc. 0.20% of their portfolio NEW YORK, NY 79,32079.3k $8.9m $8.9m 0.20% Reduced -16.8k -16,787
84 WJ Wealth Management, LLC 2.78% of their portfolio GLENDALE, AZ 78,24278.2k $8.8m $8.8m 2.78% Reduced -10.4k -10,437
85 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 76,10076.1k $8.6m $8.6m 0.00% Added +23.2k +23,223
86 Able Wealth Management LLC 4.24% of their portfolio Toms River, NJ 74,79674.8k $8.4m $8.4m 4.24% Added +6.4k +6,426
87 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 74,68674.7k $8.4m $8.4m 0.01% Added +10.0k +9,959
88 Centennial Wealth Advisory LLC 2.60% of their portfolio Traverse City, MI 73,98674.0k $8.2m $8.2m 2.60% Added +5.7k +5,735
89 MANCHESTER FINANCIAL INC 1.71% of their portfolio Westlake Village, CA 72,49272.5k $8.2m $8.2m 1.71% Added +35.5k +35,450
90 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 69,85369.9k $7.8m $7.8m 0.01% Added +27.8k +27,765
91 Compass Financial Services Inc 3.79% of their portfolio WEST DES MOINES, IA 69,65169.7k $7.8m $7.8m 3.79% Added +68.9k +68,885
92 Tempus Wealth Planning, LLC 1.92% of their portfolio IRVINE, CA 68,40668.4k $7.7m $7.7m 1.92% Added +26.2k +26,203
93 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 67,51767.5k $7.6m $7.6m 0.01% Reduced -91.3k -91,275
94 StoneCrest Wealth Management, Inc. 3.61% of their portfolio CHANDLER, AZ 67,42767.4k $7.6m $7.6m 3.61% Added +5.2k +5,227
95 Horst & Graben Wealth Management LLC 1.24% of their portfolio PORTLAND, OR 66,58166.6k $7.5m $7.5m 1.24% Added +3.0k +3,040
96 Steward Partners Investment Advisory, LLC 0.06% of their portfolio STAMFORD, CT 65,49465.5k $7.4m $7.4m 0.06% Reduced -2.2k -2,167
97 Financial Partners Group, Inc 1.00% of their portfolio Overland Park, KS 64,50964.5k $7.3m $7.3m 1.00% Added +6.6k +6,582
98 B. Riley Wealth Advisors, Inc. 0.34% of their portfolio MEMPHIS, TN 62,72862.7k $7.1m $7.1m 0.34% Reduced -6.2k -6,203
99 Physician Wealth Advisors, Inc. 1.10% of their portfolio MIDVALE, UT 62,26662.3k $7.0m $7.0m 1.10% Added +183 +183
100 Colonial River Investments, LLC 2.96% of their portfolio MIDLOTHIAN, VA 61,22161.2k $6.9m $6.9m 2.96% Added +8.8k +8,761