Vault-13

INVESCO EXCH TRADED FD TR II SPLV

S&P500 LOW VOL · ETP · CUSIP 46138E354

711 institutional holders -1 vs Q1 2023
89,669,67489.7m shares reported held*
$5.6bnreported value*
49 new 211 added 294 reduced 59 sold out net sold ≈ $382.2m (-6.2m 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 ($134.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $62.95. Options: 4 managers hold calls ($5.5m notional), 3 hold puts ($653.2k).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 683Q4 22: 744Q1 23: 712Q2 23: 711711Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022683
Q4 2022744
Q1 2023712
Q2 2023711

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 306 bought or addedQ4 22: 298 cut or sold outQ4 22Q1 23: 252 bought or addedQ1 23: 377 cut or sold outQ1 23Q2 23: 260 bought or addedQ2 23: 353 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022306298
Q1 2023252377
Q2 2023260353

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ3 22 calls: $3.3mQ3 22 puts: $1.4mQ3 22P/C 0.44Q4 22 calls: $23.4mQ4 22 puts: $13.5mQ4 22P/C 0.58Q1 23 calls: $42.0mQ1 23 puts: $11.1mQ1 23P/C 0.27Q2 23 calls: $5.5mQ2 23 puts: $653.2kQ2 23P/C 0.12
Numbers
QuarterCallsPutsP/C
Q3 2022$3.3m$1.4m0.44
Q4 2022$23.4m$13.5m0.58
Q1 2023$42.0m$11.1m0.27
Q2 2023$5.5m$653.2k0.12

Biggest buyers

MORGAN STANLEY Added +1,899,552+1.9m
BANK OF MONTREAL /CAN/ Added +675,438+675.4k
Ghisallo Capital Management LLC New +239,400+239.4k
NewSquare Capital LLC Added +217,753+217.8k
Prospera Financial Services Inc Added +173,317+173.3k
EP Wealth Advisors, LLC Added +170,545+170.5k
ENVESTNET ASSET MANAGEMENT INC Added +145,120+145.1k
OLIVER LAGORE VANVALIN INVESTMENT GROUP Added +109,774+109.8k
AE Wealth Management LLC Added +104,839+104.8k
BTS Asset Management, Inc. New +90,936+90.9k

Biggest sellers

DOW CHEMICAL CO /DE/ Reduced -1,613,302-1.6m
Mivtachim The Workers Social Insurance Fund Ltd. (Under Special Management) Sold out -1,209,000-1.2m
BANK OF AMERICA CORP /DE/ Reduced -1,101,920-1.1m
LPL Financial LLC Reduced -1,076,297-1.1m
FMR LLC Reduced -628,996-629.0k
AMERIPRISE FINANCIAL INC Reduced -492,283-492.3k
SECURIAN ASSET MANAGEMENT, INC Reduced -465,021-465.0k
MONEY CONCEPTS CAPITAL CORP Reduced -411,395-411.4k
Moran Wealth Management, LLC Sold out -342,886-342.9k
Invesco Ltd. Reduced -304,148-304.1k

Biggest calls

Banco BTG Pactual S.A. Reduced $3.1m50.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.1m33.6k shares
CITADEL ADVISORS LLC Reduced $257.5k4.1k shares
Cutler Group LLC / CA Added $2.0k1.9k shares

Biggest puts

LPL Financial LLC New $414.5k6.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $201.0k3.2k shares
CITADEL ADVISORS LLC Reduced $37.7k600 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.06% of their portfolio NEW YORK, NY 10,018,32510.0m $629.3m $629.3m 0.06% Added +1.9m +1,899,552
2 Invesco Ltd. 0.15% of their portfolio ATLANTA, GA 8,989,9939.0m $564.7m $564.7m 0.15% Reduced -304.1k -304,148
3 Balentine LLC 11.26% of their portfolio ATLANTA, GA 5,407,5175.4m $339.2m $339.2m 11.26% Added +29.2k +29,249
4 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 5,367,1355.4m $337.1m $337.1m 0.04% Reduced -1.1m -1,101,920
5 DOW CHEMICAL CO /DE/ 32.71% of their portfolio MIDLAND, MI 3,998,4794.0m $251.1m $251.1m 32.71% Reduced -1.6m -1,613,302
6 LPL Financial LLC 0.17% of their portfolio FORT MILL, SC 3,675,8923.7m $230.9m $230.9m 0.17% Reduced -1.1m -1,076,297
7 Alaska Permanent Fund Corp 3.52% of their portfolio JUNEAU, AK 2,853,5842.9m $179.2m $179.2m 3.52% First filing
8 BANK OF MONTREAL /CAN/ 0.05% of their portfolio TORONTO, A6 2,328,8642.3m $146.4m $146.4m 0.05% Added +675.4k +675,438
9 WELLS FARGO & COMPANY/MN 0.04% of their portfolio SAN FRANCISCO, CA 2,325,1632.3m $146.0m $146.0m 0.04% Reduced -126.7k -126,735
10 FMR LLC 0.01% of their portfolio BOSTON, MA 2,288,0302.3m $143.7m $143.7m 0.01% Reduced -629.0k -628,996
11 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 1,780,2281.8m $111.8m $111.8m 0.04% Reduced -492.3k -492,283
12 COMMONWEALTH EQUITY SERVICES, LLC 0.21% of their portfolio WALTHAM, MA 1,675,1061.7m $105.2m $105.2m 0.21% Reduced -155.3k -155,261
13 PNC Financial Services Group, Inc. 0.07% of their portfolio Pittsburgh, PA 1,400,0151.4m $87.9m $87.9m 0.07% Reduced -83.0k -83,009
14 UBS Group AG 0.04% of their portfolio ZURICH, V8 1,340,4271.3m $84.2m $84.2m 0.04% Reduced -120.6k -120,566
15 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 1,037,2451.0m $65.1m $65.1m 0.03% Added +145.1k +145,120
16 CITIGROUP INC 0.08% of their portfolio NEW YORK, NY 1,015,7471.0m $63.8m $63.8m 0.08% Reduced -53.5k -53,512
17 OSAIC HOLDINGS, INC. 0.11% of their portfolio SCOTTSDALE, AZ 979,239979.2k $61.5m $61.5m 0.11% Reduced -168.0k -168,035
18 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.63% of their portfolio PLYMOUTH, MN 933,043933.0k $58.6m $58.6m 0.63% Added +5.6k +5,591
19 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 880,395880.4k $55.3m $55.3m 0.02% Reduced -58.2k -58,222
20 Brookstone Capital Management 1.09% of their portfolio WHEATON, IL 867,253867.3k $53.9m $53.9m 1.09% Reduced -13.3k -13,346
21 Raymond James Financial Services Advisors, Inc. 0.09% of their portfolio ST. PETERSBURG, FL 799,093799.1k $50.2m $50.2m 0.09% Reduced -38.8k -38,839
22 PFS INVESTMENTS INC. 0.79% of their portfolio DULUTH, GA 770,586770.6k $48.4m $48.4m 0.79% Added +29.0k +28,958
23 Kestra Advisory Services, LLC 0.47% of their portfolio AUSTIN, TX 753,142753.1k $47.3m $47.3m 0.47% Added +1.9k +1,921
24 Equitable Holdings, Inc. 0.67% of their portfolio NEW YORK, NY 738,138738.1k $46.4m $46.4m 0.67% Added +15.4k +15,351
25 SECURIAN ASSET MANAGEMENT, INC 1.11% of their portfolio ST PAUL, MN 690,000690.0k $43.3m $43.3m 1.11% Reduced -465.0k -465,021
26 HANTZ FINANCIAL SERVICES, INC. 1.01% of their portfolio SOUTHFIELD, MI 640,199640.2k $40.2m $40.2m 1.01% Added +15.9k +15,886
27 SEI INVESTMENTS CO 0.07% of their portfolio OAKS, PA 630,891630.9k $39.6m $39.6m 0.07% Reduced -59.5k -59,537
28 AE Wealth Management LLC 0.17% of their portfolio TOPEKA, KS 460,184460.2k $28.9m $28.9m 0.17% Added +104.8k +104,839
29 Cambridge Investment Research Advisors, Inc. 0.13% of their portfolio FAIRFIELD, IA 458,405458.4k $28.8m $28.8m 0.13% Reduced -47.4k -47,390
30 Genworth Financial Inc 9.46% of their portfolio Glen Allen, VA 446,687446.7k $28.1m $28.1m 9.46% Unchanged
31 Armbruster Capital Management, Inc. 6.63% of their portfolio PITTSFORD, NY 428,779428.8k $26.9m $26.9m 6.63% Added +10.4k +10,450
32 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 418,536418.5k $26.3m $26.3m 0.00% Reduced -107.4k -107,368
33 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.74% of their portfolio MINNEAPOLIS, MN 417,702417.7k $26.2m $26.2m 0.74% Reduced -16.4k -16,405
34 New England Private Wealth Advisors LLC 5.19% of their portfolio WELLESLEY, MA 409,255409.3k $25.7m $25.7m 5.19% Reduced -20.9k -20,890
35 Lido Advisors, LLC 0.29% of their portfolio Los Angeles, CA 403,127403.1k $25.3m $25.3m 0.29% Added +69.7k +69,699
36 Prospera Financial Services Inc 0.93% of their portfolio Dallas, TX 385,201385.2k $24.2m $24.2m 0.93% Added +173.3k +173,317
37 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 379,438379.4k $23.8m $23.8m 0.02% Added +13.0k +12,985
38 J.P. Morgan Private Wealth Advisors LLC 0.12% of their portfolio SAN FRANCISCO, CA 379,197379.2k $23.8m $23.8m 0.12% Added +15.0k +14,980
39 Janney Montgomery Scott LLC 0.08% of their portfolio PHILADELPHIA, PA 378,745378.7k $23.8m $23.8m 0.08% Added +3.7k +3,706
40 HUNTINGTON NATIONAL BANK 0.21% of their portfolio COLUMBUS, OH 364,501364.5k $22.9m $22.9m 0.21% Added +36.3k +36,283
41 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 362,543362.5k $22.8m $22.8m 0.03% Reduced -10.7k -10,682
42 NewSquare Capital LLC 2.36% of their portfolio NEWTOWN SQUARE, PA 361,760361.8k $22.7m $22.7m 2.36% Added +217.8k +217,753
43 Private Advisor Group, LLC 0.19% of their portfolio MORRISTOWN, NJ 353,313353.3k $22.2m $22.2m 0.19% Reduced -33.6k -33,573
44 OLIVER LAGORE VANVALIN INVESTMENT GROUP 7.76% of their portfolio FLINT, MI 328,172328.2k $20.6m $20.6m 7.76% Added +109.8k +109,774
45 Csenge Advisory Group 1.24% of their portfolio CLEARWATER, FL 294,843294.8k $18.5m $18.5m 1.24% Added +7.2k +7,203
46 SPINNAKER TRUST 1.26% of their portfolio PORTLAND, ME 275,469275.5k $17.3m $17.3m 1.26% Reduced -10.8k -10,838
47 TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio NEW YORK, NY 262,700262.7k $16.5m $16.5m 0.04% Added +66.9k +66,943
48 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 249,715249.7k $15.7m $15.7m 0.02% Reduced -103.6k -103,639
49 JFS WEALTH ADVISORS, LLC 1.39% of their portfolio HERMITAGE, PA 245,958246.0k $15.4m $15.4m 1.39% Added +748 +748
50 Cyndeo Wealth Partners, LLC 1.58% of their portfolio ST. PETERSBURG, FL 241,111241.1k $15.1m $15.1m 1.58% Reduced -78.5k -78,515
51 Ghisallo Capital Management LLC 1.80% of their portfolio BOSTON, MA 239,400239.4k $15.0m $15.0m 1.80% New
52 FineMark National Bank & Trust 0.59% of their portfolio FORT MYERS, FL 230,514230.5k $14.5m $14.5m 0.59% Reduced -3.9k -3,931
53 Capital Advisors, Ltd. LLC 2.16% of their portfolio SHAKER HEIGHTS, OH 230,047230.0k $14.4m $14.4m 2.16% Reduced -1.1k -1,110
54 Cetera Advisor Networks LLC 0.10% of their portfolio EL SEGUNDO, CA 222,271222.3k $14.0m $14.0m 0.10% Reduced -40.4k -40,382
55 Rockefeller Capital Management L.P. 0.05% of their portfolio NEW YORK, NY 221,384221.4k $13.9m $13.9m 0.05% First filing
56 AJ WEALTH STRATEGIES, LLC 0.63% of their portfolio NEW YORK, NY 207,395207.4k $13.0m $13.0m 0.63% Reduced -158.9k -158,886
57 Bell Investment Advisors, Inc 2.64% of their portfolio ORINDA, CA 189,506189.5k $11.9m $11.9m 2.64% Reduced -9.4k -9,398
58 NewEdge Advisors, LLC 0.13% of their portfolio NEW ORLEANS, LA 182,584182.6k $11.5m $11.5m 0.13% Added +90.8k +90,842
59 LOCKHEED MARTIN INVESTMENT MANAGEMENT CO 0.65% of their portfolio BETHESDA, MD 179,600179.6k $11.3m $11.3m 0.65% Reduced -22.7k -22,700
60 MML INVESTORS SERVICES, LLC 0.06% of their portfolio SPRINGFIELD, MA 178,210178.2k $11.2m $11.2m 0.06% Reduced -22.8k -22,842
61 AVANTAX ADVISORY SERVICES, INC. 0.13% of their portfolio DALLAS, TX 177,841177.8k $11.2m $11.2m 0.13% Added +32.0k +32,016
62 EP Wealth Advisors, LLC 0.03% of their portfolio TORRANCE, CA 175,384175.4k $2.1m $2.1m 0.03% Added +170.5k +170,545
63 Ballast, Inc. 4.01% of their portfolio Lexington, KY 166,907166.9k $10.5m $10.5m 4.01% Added +250 +250
64 STEPHENS INC /AR/ 0.19% of their portfolio LITTLE ROCK, AR 164,586164.6k $10.3m $10.3m 0.19% Reduced -16.3k -16,336
65 Tennessee Valley Asset Management Partners 3.16% of their portfolio KNOXVILLE, TN 156,625156.6k $9.8m $9.8m 3.16% Added +27.5k +27,511
66 Atria Wealth Solutions, Inc. 0.13% of their portfolio NEW YORK, NY 156,325156.3k $9.8m $9.8m 0.13% Added +2.8k +2,754
67 Banco BTG Pactual S.A. 6.02% of their portfolio RIO DE JANEIRO, D5 150,732150.7k $9.5m $9.5m 6.02% Added +50.0k +50,032
68 Deane Retirement Strategies, Inc. 5.07% of their portfolio NEW ORLEANS, LA 147,393147.4k $9.3m $9.3m 5.07% Added +791 +791
69 Sowell Financial Services LLC 0.51% of their portfolio NORTH LITTLE ROCK, AR 144,597144.6k $9.1m $9.1m 0.51% Reduced -5.1k -5,076
70 Mariner, LLC 0.02% of their portfolio Overland Park, KS 143,578143.6k $9.0m $9.0m 0.02% Reduced -1.7k -1,684
71 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 142,987143.0k $9.0m $9.0m 0.02% Added +14.8k +14,845
72 Cetera Investment Advisers 0.07% of their portfolio SCHAUMBURG, IL 141,544141.5k $8.9m $8.9m 0.07% Reduced -1.4k -1,448
73 O'ROURKE & COMPANY, Inc 6.09% of their portfolio BOSTON, MA 138,348138.3k $8.7m $8.7m 6.09% Added +1.6k +1,640
74 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 132,110132.1k $8.3m $8.3m 0.01% Reduced -194.9k -194,857
75 CWM, LLC 0.05% of their portfolio OMAHA, NE 127,097127.1k $8.0m $8.0m 0.05% Added +78.4k +78,352
76 Cherry Tree Wealth Management, LLC 2.27% of their portfolio MINNETONKA, MN 123,930123.9k $7.8m $7.8m 2.27% First filing
77 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 1.08% of their portfolio Westlake, OH 122,588122.6k $7.7m $7.7m 1.08% Added +12.2k +12,187
78 Heck Capital Advisors, LLC 1.32% of their portfolio Rhinelander, WI 122,352122.4k $7.7m $7.7m 1.32% Added +1.9k +1,911
79 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 122,344122.3k $7.7m $7.7m 0.01% Reduced -7.0k -7,029
80 Geneos Wealth Management Inc. 0.39% of their portfolio ENGLEWOOD, CO 117,299117.3k $7.4m $7.4m 0.39% Added +7.0k +7,009
81 PETERSON WEALTH MANAGEMENT 5.80% of their portfolio SPARKS, NV 116,516116.5k $7.3m $7.3m 5.80% Added +2.0k +1,958
82 Burns Matteson Capital Management, LLC 4.49% of their portfolio CORNING, NY 116,346116.3k $7.3m $7.3m 4.49% Reduced -2.6k -2,581
83 First PREMIER Bank 2.07% of their portfolio SIOUX FALLS, SD 115,505115.5k $7.3m $7.3m 2.07% Reduced -1.4k -1,418
84 Dominguez Wealth Management Solutions, Inc. 6.28% of their portfolio WILLIAMSBURG, VA 114,390114.4k $7.2m $7.2m 6.28% Added +735 +735
85 Transamerica Financial Advisors, LLC 0.93% of their portfolio CEDAR RAPIDS, IA 113,786113.8k $7.1m $7.1m 0.93% Added +30.7k +30,684
86 HB Wealth Management, LLC 0.11% of their portfolio Atlanta, GA 112,288112.3k $7.1m $7.1m 0.11% Reduced -962 -962
87 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 112,072112.1k $7.0m $7.0m 0.02% Added +12.1k +12,118
88 SHEPHERD KAPLAN KROCHUK, LLC 5.56% of their portfolio Boston, MA 111,889111.9k $7.0m $7.0m 5.56% Added +3.7k +3,708
89 WT Wealth Management 2.79% of their portfolio SCOTTSDALE, AZ 107,159107.2k $6.7m $6.7m 2.79% Reduced -46.6k -46,601
90 Hyperion Partners, LLC 5.60% of their portfolio BERWYN, PA 105,711105.7k $6.6m $6.6m 5.60% Added +2.0k +1,985
91 Essex Financial Services, Inc. 0.75% of their portfolio ESSEX, CT 105,000105.0k $6.6m $6.6m 0.75% Added +6.7k +6,698
92 Financial Advocates Investment Management 0.47% of their portfolio OLYMPIA, WA 103,368103.4k $6.5m $6.5m 0.47% Added +3.9k +3,940
93 Grey Fox Wealth Advisors, LLC 3.32% of their portfolio ROCKLAND, DE 102,801102.8k $6.5m $6.5m 3.32% Added +14.1k +14,062
94 MERCER GLOBAL ADVISORS INC /ADV 0.03% of their portfolio DENVER, CO 102,140102.1k $6.4m $6.4m 0.03% Reduced -6.8k -6,817
95 Integrated Advisors Network LLC 0.37% of their portfolio DALLAS, TX 102,020102.0k $6.4m $6.4m 0.37% Added +1.3k +1,318
96 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 99,94199.9k $6.3m $6.3m 0.01% Added +1.1k +1,136
97 Squarepoint Ops LLC 0.03% of their portfolio NEW YORK, NY 98,88198.9k $6.2m $6.2m 0.03% Added +83.5k +83,548
98 Harel Insurance Investments & Financial Services Ltd. 0.15% of their portfolio Ramat Gan, L3 97,81797.8k $6.1m $6.1m 0.15% Reduced -376 -376
99 UMB Bank, n.a. 0.09% of their portfolio Kansas City, MO 94,68394.7k $5.9m $5.9m 0.09% Reduced -580 -580
100 FLAGSHIP HARBOR ADVISORS, LLC 0.49% of their portfolio BOSTON, MA 94,57994.6k $5.9m $5.9m 0.49% Reduced -20.2k -20,183