Vault-13

INVESCO EXCH TRADED FD TR II SPMO

S&P 500 MOMNTM · ETP · CUSIP 46138E339

653 institutional holders +8 vs Q4 2025
57,134,40557.1m shares reported held*
$6.4bnreported value*
80 new 340 added 175 reduced 64 sold out net sold ≈ $181.7m (-2.5m 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 ($33.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $112.40. Options: 4 managers hold calls ($33.5m notional), 2 hold puts ($12.0m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 45Q4 22: 61Q1 23: 56Q2 23: 55Q3 23: 61Q4 23: 60Q1 24: 144Q2 24: 188Q3 24: 220Q4 24: 352Q1 25: 392Q2 25: 474Q3 25: 572Q4 25: 645Q1 26: 653653Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q3 2025572
Q4 2025645
Q1 2026653

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q2 24: 151 bought or addedQ2 24: 37 cut or sold outQ3 24: 138 bought or addedQ3 24: 85 cut or sold outQ3 24Q4 24: 244 bought or addedQ4 24: 76 cut or sold outQ1 25: 281 bought or addedQ1 25: 124 cut or sold outQ1 25Q2 25: 347 bought or addedQ2 25: 126 cut or sold outQ3 25: 404 bought or addedQ3 25: 167 cut or sold outQ3 25Q4 25: 402 bought or addedQ4 25: 190 cut or sold outQ1 26: 420 bought or addedQ1 26: 239 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 202415137
Q3 202413885
Q4 202424476
Q1 2025281124
Q2 2025347126
Q3 2025404167
Q4 2025402190
Q1 2026420239

Calls vs puts

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

CallsPuts
$0$10m$20m$30m$40mQ2 25 calls: $10.2mQ2 25 puts: $1.6mQ2 25P/C 0.15Q3 25 calls: $15.0mQ3 25 puts: $8.4mQ3 25P/C 0.56Q4 25 calls: $10.4mQ4 25 puts: $8.8mQ4 25P/C 0.85Q1 26 calls: $33.5mQ1 26 puts: $12.0mQ1 26P/C 0.36
Numbers
QuarterCallsPutsP/C
Q2 2025$10.2m$1.6m0.15
Q3 2025$15.0m$8.4m0.56
Q4 2025$10.4m$8.8m0.85
Q1 2026$33.5m$12.0m0.36

Biggest buyers

CWM, LLC Added +599,399+599.4k
MORGAN STANLEY Added +445,030+445.0k
Independent Advisor Alliance Added +315,089+315.1k
Penserra Capital Management LLC New +300,003+300.0k
Cerity Partners LLC Added +244,737+244.7k
WELLS FARGO & COMPANY/MN Added +236,325+236.3k
Davidson Capital Management Inc. Added +227,563+227.6k
Cambridge Investment Research Advisors, Inc. Added +175,257+175.3k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +169,778+169.8k
LPL Financial LLC Added +168,326+168.3k

Biggest sellers

BNP PARIBAS FINANCIAL MARKETS Reduced -1,415,864-1.4m
RMG Wealth Management LLC Sold out -1,406,205-1.4m
MAINSTAY CAPITAL MANAGEMENT LLC /ADV Reduced -988,848-988.8k
MONEY CONCEPTS CAPITAL CORP Reduced -395,985-396.0k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -276,183-276.2k
Kovack Advisors, Inc. Reduced -203,469-203.5k
OSAIC HOLDINGS, INC. Reduced -192,692-192.7k
Mirae Asset Global Investments Co., Ltd. Reduced -164,344-164.3k
RAYMOND JAMES FINANCIAL INC Reduced -160,420-160.4k
Orion Porfolio Solutions, LLC Reduced -146,619-146.6k

Biggest calls

CITADEL ADVISORS LLC Added $27.3m243.1k shares
JANE STREET GROUP, LLC Added $5.9m52.6k shares
Point72 Asset Management, L.P. Reduced $381.2k3.4k shares
MANCHESTER FINANCIAL INC Unchanged $11.2k100 shares

Biggest puts

CITADEL ADVISORS LLC Added $9.1m81.0k shares
JANE STREET GROUP, LLC Reduced $2.9m26.0k 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, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.20% of their portfolio FORT MILL, SC 6,792,8146.8m $761.5m $761.5m 0.20% Added +168.3k +168,326
2 CWM, LLC 1.06% of their portfolio OMAHA, NE 3,591,5813.6m $402.7m $402.7m 1.06% Added +599.4k +599,399
3 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 3,209,3583.2m $359.8m $359.8m 0.03% Reduced -99.3k -99,291
4 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 3,127,9073.1m $350.7m $350.7m 0.02% Added +445.0k +445,030
5 VANTAGEPOINT INVESTMENT ADVISERS LLC 2.29% of their portfolio WASHINGTON, DC 2,413,0722.4m $270.5m $270.5m 2.29% Reduced -42.2k -42,210
6 RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio ST. PETERSBURG, FL 1,565,7291.6m $175.5m $175.5m 0.05% Reduced -160.4k -160,420
7 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.11% of their portfolio MILWAUKEE, WI 1,546,6831.5m $173.4m $173.4m 0.11% Added +169.8k +169,778
8 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,365,1881.4m $147.2m $147.2m 0.01% Added +134.1k +134,110
9 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 1,351,2561.4m $151.5m $151.5m 0.04% Added +29.5k +29,547
10 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 1,224,4591.2m $137.3m $137.3m 0.03% Added +236.3k +236,325
11 Cambridge Investment Research Advisors, Inc. 0.31% of their portfolio FAIRFIELD, IA 1,063,9311.1m $119.3m $119.3m 0.31% Added +175.3k +175,257
12 Cetera Investment Advisers 0.12% of their portfolio SCHAUMBURG, IL 1,019,5371.0m $114.3m $114.3m 0.12% Reduced -47.1k -47,058
13 OSAIC HOLDINGS, INC. 0.13% of their portfolio SCOTTSDALE, AZ 815,004815.0k $91.4m $91.4m 0.13% Reduced -192.7k -192,692
14 Alpine Bank Wealth Management 12.91% of their portfolio GRAND JUNCTION, CO 791,714791.7k $88.8m $88.8m 12.91% Reduced -57.3k -57,287
15 PLANNING ALTERNATIVES LTD /ADV 10.77% of their portfolio BIRMINGHAM, MI 744,409744.4k $83.5m $83.5m 10.77% Added +138.9k +138,915
16 Equitable Holdings, Inc. 0.54% of their portfolio NEW YORK, NY 711,104711.1k $84.5m $84.5m 0.54% Added +131.0k +130,952
17 Redwood Investment Management, LLC 9.14% of their portfolio SCOTTSDALE, AZ 656,268656.3k $73.6m $73.6m 9.14% Added +33.2k +33,157
18 MONEY CONCEPTS CAPITAL CORP 3.84% of their portfolio PALM BEACH GARDENS, FL 619,748619.7k $69.5m $69.5m 3.84% Reduced -396.0k -395,985
19 Thrivent Financial for Lutherans 0.13% of their portfolio Minneapolis, MN 586,058586.1k $65.7m $65.7m 0.13% Added +40.4k +40,385
20 Private Advisor Group, LLC 0.30% of their portfolio MORRISTOWN, NJ 562,480562.5k $63.1m $63.1m 0.30% Added +35.6k +35,630
21 MML INVESTORS SERVICES, LLC 0.15% of their portfolio SPRINGFIELD, MA 482,823482.8k $54.1m $54.1m 0.15% Reduced -84.2k -84,177
22 JONES FINANCIAL COMPANIES LLLP 0.02% of their portfolio DES PERES, MO 461,741461.7k $50.9m $50.9m 0.02% Added +129.4k +129,425
23 COMMONWEALTH EQUITY SERVICES, LLC 0.06% of their portfolio WALTHAM, MA 377,857377.9k $42.4m $42.4m 0.06% Reduced -2.2k -2,191
24 Family Investment Center, Inc. 7.75% of their portfolio Saint Joseph, MO 359,290359.3k $40.3m $40.3m 7.75% Reduced -17.0k -17,043
25 Performance Wealth Partners, LLC 1.15% of their portfolio HINSDALE, IL 354,176354.2k $39.7m $39.7m 1.15% Added +16.0k +16,034
26 UBS Group AG 0.01% of their portfolio ZURICH, V8 344,380344.4k $38.6m $38.6m 0.01% Added +46.5k +46,524
27 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 320,865320.9k $36.0m $36.0m 0.01% Reduced -79.4k -79,360
28 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.08% of their portfolio PLYMOUTH, MN 317,849317.8k $36.5m $36.5m 0.08% Reduced -276.2k -276,183
29 Independent Advisor Alliance 0.38% of their portfolio CHARLOTTE, NC 317,656317.7k $35.6m $35.6m 0.38% Added +315.1k +315,089
30 Invst, LLC 3.94% of their portfolio INDIANAPOLIS, IN 310,790310.8k $34.8m $34.8m 3.94% Added +4.0k +3,972
31 Penserra Capital Management LLC 0.39% of their portfolio ORINDA, CA 300,003300.0k $33.6m $33.6m 0.39% New
32 Sanctuary Advisors, LLC 0.18% of their portfolio INDIANAPOLIS, IN 288,988289.0k $32.4m $32.4m 0.18% Added +9.2k +9,187
33 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 286,061286.1k $32.1m $32.1m 0.03% Added +3.4k +3,399
34 TD PRIVATE CLIENT WEALTH LLC 0.66% of their portfolio NEW YORK, NY 283,971284.0k $31.8m $31.8m 0.66% Reduced -56.1k -56,061
35 Triton Wealth Management, PLLC 11.71% of their portfolio SUN CITY, AZ 274,253274.3k $31.6m $31.6m 11.71% Added +32.6k +32,636
36 Ascent Group, LLC 1.03% of their portfolio VIRGINIA BEACH, VA 266,464266.5k $29.9m $29.9m 1.03% Added +13.8k +13,821
37 TOMPKINS FINANCIAL CORP 2.25% of their portfolio ITHACA, NY 252,266252.3k $28.3m $28.3m 2.25% Added +3.9k +3,924
38 Cerity Partners LLC 0.04% of their portfolio NEW YORK, NY 252,190252.2k $28.3m $28.3m 0.04% Added +244.7k +244,737
39 RVW Wealth, LLC 2.16% of their portfolio LOS ANGELES, CA 247,209247.2k $27.7m $27.7m 2.16% Added +8.3k +8,323
40 Meridian Wealth Management, LLC 0.98% of their portfolio LEXINGTON, KY 246,978247.0k $27.7m $27.7m 0.98% Added +313 +313
41 MERCER GLOBAL ADVISORS INC /ADV 0.04% of their portfolio DENVER, CO 243,892243.9k $27.3m $27.3m 0.04% Added +107.5k +107,472
42 HBW ADVISORY SERVICES LLC 2.87% of their portfolio SIMI VALLEY, CA 243,249243.2k $27.3m $27.3m 2.87% Added +12.7k +12,749
43 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 236,253236.3k $26.5m $26.5m 0.02% Reduced -18.1k -18,113
44 Davidson Capital Management Inc. 4.74% of their portfolio CORPUS CHRISTI, TX 233,423233.4k $26.2m $26.2m 4.74% Added +227.6k +227,563
45 Advance Capital Management, Inc. 0.99% of their portfolio SOUTHFIELD, MI 232,079232.1k $26.0m $26.0m 0.99% Added +1.7k +1,705
46 Whitaker-Myers Wealth Managers, LTD. 4.76% of their portfolio Mansfield, OH 212,872212.9k $23.9m $23.9m 4.76% Added +11.6k +11,634
47 Mariner, LLC 0.03% of their portfolio Overland Park, KS 211,168211.2k $23.7m $23.7m 0.03% Reduced -55.4k -55,364
48 Goldstein Advisors, LLC 2.52% of their portfolio Madison, WI 202,658202.7k $22.7m $22.7m 2.52% Added +8.1k +8,110
49 Stratos Wealth Partners, LTD. 0.25% of their portfolio BEACHWOOD, OH 197,069197.1k $22.1m $22.1m 0.25% Reduced -2.6k -2,566
50 Insight Wealth Strategies, LLC 2.35% of their portfolio SAN RAMON, CA 188,038188.0k $21.1m $21.1m 2.35% Reduced -35.5k -35,548
51 Perigon Wealth Management, LLC 0.38% of their portfolio SAN FRANCISCO, CA 187,566187.6k $21.0m $21.0m 0.38% Added +13.9k +13,892
52 Seros Financial, LLC 13.31% of their portfolio TEMPE, AZ 186,556186.6k $20.9m $20.9m 13.31% Reduced -37.0k -36,969
53 CreativeOne Wealth, LLC 0.48% of their portfolio OVERLAND PARK, KS 185,380185.4k $20.8m $20.8m 0.48% Added +15.2k +15,215
54 Bull Oak Capital, LLC 7.56% of their portfolio RANCHO SANTA FE, CA 175,441175.4k $19.7m $19.7m 7.56% Added +17.5k +17,488
55 THOROUGHBRED FINANCIAL SERVICES, LLC 1.14% of their portfolio BRENTWOOD, TN 170,157170.2k $19.1m $19.1m 1.14% Added +21.8k +21,790
56 Triad Wealth Partners, LLC 1.48% of their portfolio LAWRENCE, KS 166,082166.1k $18.6m $18.6m 1.48% Added +56.2k +56,175
57 RFG Advisory, LLC 0.34% of their portfolio BIRMINGHAM, AL 165,964166.0k $18.6m $18.6m 0.34% Added +9.7k +9,723
58 FISCHER INVESTMENT STRATEGIES, LLC 9.95% of their portfolio Westlake Village, CA 152,154152.2k $17.1m $17.1m 9.95% Reduced -49.2k -49,234
59 ADAPT WEALTH ADVISORS, LLC 6.10% of their portfolio ATLANTA, GA 150,151150.2k $16.8m $16.8m 6.10% Added +7.8k +7,783
60 Modern Wealth Management, LLC 0.29% of their portfolio KANSAS CITY, MO 145,804145.8k $16.7m $16.7m 0.29% Added +17.2k +17,208
61 MANCHESTER FINANCIAL INC 3.13% of their portfolio Westlake Village, CA 145,509145.5k $16.3m $16.3m 3.13% Added +31.5k +31,519
62 PARK AVENUE SECURITIES LLC 0.13% of their portfolio NEW YORK, NY 142,754142.8k $16.0m $16.0m 0.13% Added +13.5k +13,474
63 Altus Wealth Group LLC 6.54% of their portfolio COLORADO SPRINGS, CO 142,258142.3k $15.9m $15.9m 6.54% Reduced -2.8k -2,781
64 Venture Visionary Partners LLC 0.53% of their portfolio Sylvania, OH 141,074141.1k $15.8m $15.8m 0.53% Added +23.8k +23,777
65 NewEdge Advisors, LLC 0.06% of their portfolio NEW ORLEANS, LA 141,030141.0k $15.8m $15.8m 0.06% Added +4.8k +4,783
66 LEGACY CAPITAL WEALTH MANAGEMENT, LLC 9.13% of their portfolio THE WOODLANDS, TX 139,331139.3k $15.6m $15.6m 9.13% Added +5.2k +5,196
67 Financial Enhancement Group LLC 2.21% of their portfolio ANDERSON, IN 138,814138.8k $17.8m $17.8m 2.21% Added +9.8k +9,775
68 INTEGRITY ALLIANCE, LLC. 0.59% of their portfolio Urbandale, IA 137,342137.3k $15.4m $15.4m 0.59% Added +9.0k +9,030
69 Trilogy Capital Inc. 0.68% of their portfolio IRVINE, CA 136,644136.6k $15.3m $15.3m 0.68% Reduced -1.9k -1,855
70 SIERRA OCEAN, LLC 12.03% of their portfolio RIPON, CA 130,761130.8k $14.7m $14.7m 12.03% Added +5.2k +5,230
71 CFS Investment Advisory Services, LLC 1.15% of their portfolio TOTOWA, NJ 130,158130.2k $16.7m $16.7m 1.15% Added +256 +256
72 Steward Partners Investment Advisory, LLC 0.07% of their portfolio STAMFORD, CT 128,422128.4k $14.4m $14.4m 0.07% Added +15.5k +15,486
73 JTC Employer Solutions Trustee Ltd 1.24% of their portfolio ST HELIER, Y9 126,800126.8k $14.9m $14.9m 1.24% Unchanged
74 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 125,737125.7k $14.1m $14.1m 0.00% Added +123.0k +122,978
75 KWB Wealth 1.46% of their portfolio REDLANDS, CA 123,490123.5k $14.7m $14.7m 1.46% Reduced -1.6k -1,635
76 Mason & Associates Inc 2.56% of their portfolio LOS ANGELES, CA 122,126122.1k $13.2m $13.2m 2.56% Added +2.5k +2,525
77 Summit Financial, LLC 0.17% of their portfolio PARSIPPANY, NJ 119,291119.3k $13.4m $13.4m 0.17% Added +12.7k +12,673
78 Dynamic Advisor Solutions LLC 0.40% of their portfolio PHOENIX, AZ 114,165114.2k $12.8m $12.8m 0.40% Added +8.1k +8,064
79 Focus Partners Advisor Solutions, LLC 0.13% of their portfolio SAINT LOUIS, MO 111,534111.5k $12.5m $12.5m 0.13% Added +83.4k +83,415
80 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 110,677110.7k $12.4m $12.4m 0.02% Added +801 +801
81 Horst & Graben Wealth Management LLC 1.97% of their portfolio PORTLAND, OR 108,755108.8k $14.4m $14.4m 1.97% Added +7.3k +7,317
82 Green Ridge Wealth Planning LLC 6.19% of their portfolio MONTVILLE, NJ 104,869104.9k $11.8m $11.8m 6.19% Reduced -8.9k -8,941
83 Physician Wealth Advisors, Inc. 1.63% of their portfolio MIDVALE, UT 104,690104.7k $11.7m $11.7m 1.63% Added +5.6k +5,616
84 AE Wealth Management LLC 0.06% of their portfolio TOPEKA, KS 102,886102.9k $11.5m $11.5m 0.06% Added +31.6k +31,645
85 Lifestyle Asset Management, Inc. 3.72% of their portfolio FRIENDSWOOD, TX 101,659101.7k $11.4m $11.4m 3.72% Added +11.7k +11,653
86 Chicago Partners Investment Group LLC 0.28% of their portfolio CHICAGO, IL 98,72798.7k $12.7m $12.7m 0.28% Added +2.3k +2,318
87 Concurrent Investment Advisors, LLC 0.12% of their portfolio Tampa, FL 97,86597.9k $11.0m $11.0m 0.12% Reduced -64.3k -64,310
88 Avidian Wealth Enterprises, LLC 0.34% of their portfolio Houston, TX 97,00997.0k $10.9m $10.9m 0.34% Added +76.4k +76,392
89 Fortis Group Advisors, LLC 2.13% of their portfolio WESTWOOD, NJ 96,27996.3k $12.9m $12.9m 2.13% Reduced -38.4k -38,376
90 Alpha Zero LLC 5.43% of their portfolio BOCA RATON, FL 95,68395.7k $10.7m $10.7m 5.43% Added +5.8k +5,789
91 Clear Creek Financial Management, LLC 0.80% of their portfolio SILVERDALE, WA 93,00893.0k $10.4m $10.4m 0.80% Reduced -6.2k -6,187
92 StoneCrest Wealth Management, Inc. 4.39% of their portfolio CHANDLER, AZ 92,55092.5k $10.4m $10.4m 4.39% Added +1.3k +1,346
93 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 92,13392.1k $10.3m $10.3m 0.03% Added +33 +33
94 Oxford Wealth Group, LLC 5.50% of their portfolio ORLANDO, FL 89,74789.7k $10.1m $10.1m 5.50% Reduced -79.2k -79,200
95 Stonebrook Private Inc. 2.13% of their portfolio NORTHVILLE, MI 89,39789.4k $10.0m $10.0m 2.13% Added +339 +339
96 HARBOUR INVESTMENTS, INC. 0.15% of their portfolio MADISON, WI 89,11489.1k $10.0m $10.0m 0.15% Reduced -18.9k -18,884
97 Compass Financial Services Inc 4.29% of their portfolio WEST DES MOINES, IA 88,35688.4k $9.9m $9.9m 4.29% Added +3.5k +3,508
98 LEVEL FOUR ADVISORY SERVICES, LLC 0.32% of their portfolio DALLAS, TX 87,17987.2k $9.8m $9.8m 0.32% Added +8.3k +8,302
99 Able Wealth Management LLC 2.61% of their portfolio Toms River, NJ 87,17187.2k $9.8m $9.8m 2.61% Reduced -33.2k -33,208
100 Ethos Financial Group, LLC 0.71% of their portfolio KING OF PRUSSIA, PA 86,15386.2k $9.7m $9.7m 0.71% Reduced -998 -998