Vault-13

INVESCO EXCH TRADED FD TR II SPHD

S&P500 HDL VOL · ETP · CUSIP 46138E362

318 institutional holders +6 vs Q3 2023
26,916,07626.9m shares reported held*
$1.1bnreported value*
31 new 90 added 120 reduced 38 sold out net bought ≈ $112.4m (+2.6m 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. Holder counts are more reliable. Implied quarter-end price ≈ $42.43. Options: 3 managers hold calls ($3.8m notional), 3 hold puts ($958.5k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 309Q4 22: 347Q1 23: 337Q2 23: 320Q3 23: 312Q4 23: 318318Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022309
Q4 2022347
Q1 2023337
Q2 2023320
Q3 2023312
Q4 2023318

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 183 bought or addedQ4 22: 110 cut or sold outQ4 22Q1 23: 139 bought or addedQ1 23: 156 cut or sold outQ1 23Q2 23: 111 bought or addedQ2 23: 169 cut or sold outQ2 23Q3 23: 101 bought or addedQ3 23: 172 cut or sold outQ3 23Q4 23: 121 bought or addedQ4 23: 158 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022183110
Q1 2023139156
Q2 2023111169
Q3 2023101172
Q4 2023121158

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ1 23 calls: $6.0mQ1 23 puts: $1.4mQ1 23P/C 0.22Q2 23 calls: $3.8mQ2 23 puts: $1.6mQ2 23P/C 0.42Q3 23 calls: $3.7mQ3 23 puts: $4.1mQ3 23P/C 1.12Q4 23 calls: $3.8mQ4 23 puts: $958.5kQ4 23P/C 0.26
Numbers
QuarterCallsPutsP/C
Q1 2023$6.0m$1.4m0.22
Q2 2023$3.8m$1.6m0.42
Q3 2023$3.7m$4.1m1.12
Q4 2023$3.8m$958.5k0.26

Biggest buyers

MORGAN STANLEY Added +2,765,075+2.8m
JPMORGAN CHASE & CO Added +696,457+696.5k
WIN ADVISORS, INC New +371,793+371.8k
Allworth Financial LP Added +252,857+252.9k
ROYAL BANK OF CANADA Added +243,323+243.3k
STIFEL FINANCIAL CORP Added +238,334+238.3k
UBS Group AG Added +118,148+118.1k
Bramshill Investments, LLC New +76,804+76.8k
FMR LLC Added +70,802+70.8k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +63,856+63.9k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -418,261-418.3k
HighTower Advisors, LLC Reduced -230,072-230.1k
Silicon Valley Capital Partners Sold out -207,520-207.5k
Keystone Financial Group Sold out -173,858-173.9k
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC Reduced -156,392-156.4k
Waverly Advisors, LLC Sold out -139,379-139.4k
FISCHER INVESTMENT STRATEGIES, LLC Sold out -131,589-131.6k
Janney Montgomery Scott LLC Reduced -112,959-113.0k
Avidian Wealth Enterprises, LLC Reduced -89,086-89.1k
OSAIC HOLDINGS, INC. Reduced -85,034-85.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.5m59.4k shares
CITADEL ADVISORS LLC Added $1.2m28.1k shares
Cutler Group LLC / CA Added $43.0k6.7k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $759.1k17.9k shares
CITADEL ADVISORS LLC Reduced $199.3k4.7k shares
Cutler Group LLC / CA Reduced $0200 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 6,180,4326.2m $262.1m $262.1m 0.01% Added +2.8m +2,765,075
2 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 1,850,6991.9m $78.5m $78.5m 0.05% Reduced -52.7k -52,705
3 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,401,0171.4m $59.4m $59.4m 0.01% Reduced -418.3k -418,261
4 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,345,2001.3m $57.0m $57.0m 0.01% Added +243.3k +243,323
5 Financial Engines Advisors L.L.C. 0.11% of their portfolio SANTA CLARA, CA 1,106,8431.1m $46.9m $46.9m 0.11% Reduced -1.2k -1,209
6 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,101,1041.1m $46.7m $46.7m 0.00% Added +696.5k +696,457
7 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 681,055681.1k $28.9m $28.9m 0.01% Reduced -71.2k -71,203
8 UBS Group AG 0.01% of their portfolio ZURICH, V8 660,843660.8k $28.0m $28.0m 0.01% Added +118.1k +118,148
9 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 633,873633.9k $26.9m $26.9m 0.01% Added +47.8k +47,773
10 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 530,921530.9k $22.5m $22.5m 0.01% Added +38.8k +38,795
11 Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio ST. PETERSBURG, FL 500,284500.3k $21.2m $21.2m 0.03% Reduced -12.2k -12,250
12 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 462,899462.9k $19.6m $19.6m 0.00% Reduced -7.7k -7,702
13 FMR LLC 0.00% of their portfolio BOSTON, MA 454,990455.0k $19.3m $19.3m 0.00% Added +70.8k +70,802
14 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 385,339385.3k $16.3m $16.3m 0.01% Reduced -54.4k -54,366
15 WIN ADVISORS, INC 7.15% of their portfolio PALM BEACH GARDENS, FL 371,793371.8k $15.8m $15.8m 7.15% New
16 Atria Wealth Solutions, Inc. 0.19% of their portfolio NEW YORK, NY 357,981358.0k $15.2m $15.2m 0.19% Added +7.9k +7,876
17 Avidian Wealth Enterprises, LLC 0.94% of their portfolio Houston, TX 355,972356.0k $15.1m $15.1m 0.94% Reduced -89.1k -89,086
18 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 339,012339.0k $14.4m $14.4m 0.01% Reduced -61.4k -61,377
19 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 317,485317.5k $13.5m $13.5m 0.02% Added +238.3k +238,334
20 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 316,661316.7k $13.4m $13.4m 0.02% Reduced -5.8k -5,813
21 Equitable Holdings, Inc. 0.16% of their portfolio NEW YORK, NY 301,729301.7k $12.8m $12.8m 0.16% Added +32.1k +32,052
22 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 267,204267.2k $11.4m $11.4m 0.00% Added +24.9k +24,863
23 Allworth Financial LP 0.09% of their portfolio FOLSOM, CA 265,426265.4k $11.3m $11.3m 0.09% Added +252.9k +252,857
24 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 227,539227.5k $9.7m $9.7m 0.04% Reduced -4.3k -4,274
25 Shilanski & Associates, Inc. 3.43% of their portfolio ANCHORAGE, AK 212,510212.5k $9.0m $9.0m 3.43% Added +903 +903
26 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 210,618210.6k $8.9m $8.9m 0.02% Reduced -85.0k -85,034
27 David Kennon Inc 3.71% of their portfolio SARASOTA, FL 195,239195.2k $8.3m $8.3m 3.71% Added +528 +528
28 Brookstone Capital Management 0.14% of their portfolio WHEATON, IL 169,807169.8k $7.2m $7.2m 0.14% Reduced -22.6k -22,592
29 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 167,043167.0k $7.1m $7.1m 0.02% Reduced -113.0k -112,959
30 XML Financial, LLC 0.73% of their portfolio BETHESDA, MD 163,836163.8k $6.9m $6.9m 0.73% Reduced -71.1k -71,108
31 Leelyn Smith, LLC 1.43% of their portfolio GENEVA, IL 154,098154.1k $6.5m $6.5m 1.43% Reduced -9.8k -9,751
32 Private Advisor Group, LLC 0.05% of their portfolio MORRISTOWN, NJ 141,259141.3k $6.0m $6.0m 0.05% Added +2.2k +2,236
33 AE Wealth Management LLC 0.03% of their portfolio TOPEKA, KS 139,358139.4k $5.9m $5.9m 0.03% Added +9.2k +9,168
34 Northside Capital Management, LLC 1.76% of their portfolio Hood River, OR 132,885132.9k $5.6m $5.6m 1.76% Unchanged
35 Gunma Bank,Ltd. 5.34% of their portfolio GUNMA, M0 130,000130.0k $5.5m $5.5m 5.34% Reduced -25.0k -25,000
36 RETIREMENT FINANCIAL SOLUTIONS, LLC 2.96% of their portfolio KNOXVILLE, TN 123,195123.2k $5.2m $5.2m 2.96% Added +7.8k +7,762
37 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 123,026123.0k $5.2m $5.2m 0.01% Reduced -10.5k -10,469
38 Fusion Capital, LLC 2.48% of their portfolio MT. PLEASANT, SC 114,142114.1k $4.8m $4.8m 2.48% Reduced -2.3k -2,315
39 NewEdge Advisors, LLC 0.04% of their portfolio NEW ORLEANS, LA 111,118111.1k $4.7m $4.7m 0.04% Added +3.2k +3,236
40 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 94,76594.8k $4.0m $4.0m 0.03% Added +2.4k +2,407
41 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 91,08391.1k $3.9m $3.9m 0.00% Added +14.3k +14,266
42 Geneos Wealth Management Inc. 0.19% of their portfolio ENGLEWOOD, CO 89,72489.7k $3.8m $3.8m 0.19% Reduced -33.0k -32,955
43 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 89,15089.2k $3.8m $3.8m 0.01% Added +63.9k +63,856
44 Capital Investment Advisory Services, LLC 0.35% of their portfolio RALEIGH, NC 88,47688.5k $3.8m $3.8m 0.35% Reduced -1.0k -1,045
45 NATIXIS 0.03% of their portfolio PARIS, I0 80,59280.6k $3.4m $3.4m 0.03% Reduced -1.8k -1,769
46 Fortis Group Advisors, LLC 0.84% of their portfolio WESTWOOD, NJ 79,96880.0k $3.4m $3.4m 0.84% Unchanged
47 OPPENHEIMER & CO INC 0.06% of their portfolio NEW YORK, NY 77,11577.1k $3.3m $3.3m 0.06% Added +5.7k +5,709
48 Bramshill Investments, LLC 0.32% of their portfolio NAPLES, FL 76,80476.8k $3.3m $3.3m 0.32% New
49 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 74,84274.8k $3.2m $3.2m 0.01% Reduced -8.0k -7,976
50 Atria Investments, Inc 0.05% of their portfolio Charlotte, NC 71,14571.1k $3.0m $3.0m 0.05% Reduced -17.2k -17,223
51 COOKSON PEIRCE & CO INC 0.18% of their portfolio PITTSBURGH, PA 69,60969.6k $3.0m $3.0m 0.18% Added +2.9k +2,930
52 Venture Visionary Partners LLC 0.15% of their portfolio Sylvania, OH 67,00567.0k $2.8m $2.8m 0.15% Added +3.5k +3,539
53 Arete Wealth Advisors, LLC 0.21% of their portfolio CHICAGO, IL 64,65364.7k $2.7m $2.7m 0.21% Added +54.7k +54,705
54 Mariner, LLC 0.01% of their portfolio Overland Park, KS 63,48963.5k $2.7m $2.7m 0.01% Added +823 +823
55 Hilltop Holdings Inc. 0.29% of their portfolio DALLAS, TX 60,67160.7k $2.6m $2.6m 0.29% Added +1.6k +1,599
56 D.A. DAVIDSON & CO. 0.03% of their portfolio GREAT FALLS, MT 60,33560.3k $2.6m $2.6m 0.03% Reduced -3.7k -3,698
57 LM Advisors LLC 0.50% of their portfolio SAN DIEGO, CA 59,06059.1k $2.5m $2.5m 0.50% First filing
58 Cetera Advisors LLC 0.03% of their portfolio DENVER, CO 58,84558.8k $2.5m $2.5m 0.03% Reduced -3.9k -3,938
59 Kowal Investment Group, LLC 0.57% of their portfolio BROOKFIELD, WI 57,82657.8k $2.5m $2.5m 0.57% Added +50.4k +50,438
60 Cetera Advisor Networks LLC 0.01% of their portfolio EL SEGUNDO, CA 54,96855.0k $2.3m $2.3m 0.01% Reduced -81.5k -81,541
61 Tyche Wealth Partners LLC 0.54% of their portfolio PLANO, TX 52,36252.4k $2.2m $2.2m 0.54% First filing
62 GTS SECURITIES LLC 0.05% of their portfolio NEW YORK, NY 49,12449.1k $2.1m $2.1m 0.05% Added +12.4k +12,412
63 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 44,90244.9k $1.9m $1.9m 0.00% Added +5.1k +5,129
64 Arden Trust Co 0.27% of their portfolio WILMINGTON, DE 42,75042.8k $1.8m $1.8m 0.27% New
65 AVANTAX ADVISORY SERVICES, INC. 0.02% of their portfolio DALLAS, TX 41,73041.7k $1.8m $1.8m 0.02% Reduced -2.0k -2,043
66 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 41,58741.6k $1.8m $1.8m 0.00% Reduced -230.1k -230,072
67 Delos Wealth Advisors, LLC 2.59% of their portfolio DALLAS, TX 41,29841.3k $1.8m $1.8m 2.59% Reduced -625 -625
68 ABSOLUTE CAPITAL MANAGEMENT, LLC 1.55% of their portfolio Pittsburgh, PA 40,31940.3k $1.7m $1.7m 1.55% Added +5.3k +5,299
69 Tower Research Capital LLC (TRC) 0.02% of their portfolio NEW YORK, NY 40,26440.3k $1.7m $1.7m 0.02% Added +4.1k +4,104
70 Capital Wealth Alliance, LLC 1.13% of their portfolio Scottsdale, AZ 38,75438.8k $1.6m $1.6m 1.13% Added +655 +655
71 GSA CAPITAL PARTNERS LLP 0.13% of their portfolio LONDON, X0 36,65236.7k $1.6m $1.6m 0.13% Added +27.7k +27,685
72 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.18% of their portfolio ORLANDO, FL 34,31834.3k $1.5m $1.5m 0.18% Reduced -156.4k -156,392
73 SteelPeak Wealth, LLC 0.09% of their portfolio WOODLAND HILLS, CA 34,22234.2k $1.5m $1.5m 0.09% Added +24.3k +24,326
74 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 32,40932.4k $1.4m $1.4m 0.01% Reduced -17.8k -17,759
75 Fifth Third Securities, Inc. 0.14% of their portfolio Cincinnati, OH 32,30132.3k $1.4m $1.4m 0.14% Reduced -36.3k -36,290
76 Simplicity Solutions, LLC 0.04% of their portfolio MINNEAPOLIS, MN 30,45830.5k $1.3m $1.3m 0.04% Reduced -1.5k -1,549
77 RDA Financial Network 0.47% of their portfolio AKRON, IA 29,20229.2k $1.2m $1.2m 0.47% Reduced -192 -192
78 CreativeOne Wealth, LLC 0.08% of their portfolio OVERLAND PARK, KS 29,07429.1k $1.2m $1.2m 0.08% Added +2.8k +2,778
79 MERITAGE PORTFOLIO MANAGEMENT 0.08% of their portfolio OVERLAND PARK, KS 29,05829.1k $1.2m $1.2m 0.08% Reduced -5.7k -5,748
80 SILVER OAK SECURITIES, INCORPORATED 0.16% of their portfolio JACKSON, TN 28,95329.0k $1.2m $1.2m 0.16% Added +26.0k +25,965
81 Investors Research Corp 0.29% of their portfolio ATLANTA, GA 28,68028.7k $1.2m $1.2m 0.29% Reduced -805 -805
82 PATTEN & PATTEN INC/TN 0.10% of their portfolio CHATTANOOGA, TN 27,47527.5k $1.2m $1.2m 0.10% Reduced -2.1k -2,140
83 Stratos Wealth Partners, LTD. 0.02% of their portfolio BEACHWOOD, OH 27,08427.1k $1.1m $1.1m 0.02% Reduced -3.4k -3,387
84 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 26,31726.3k $1.1m $1.1m 0.00% Added +512 +512
85 Summit Financial Wealth Advisors, LLC 0.25% of their portfolio Lafayette, LA 25,73725.7k $1.1m $1.1m 0.25% Added +2 +2
86 Prostatis Group LLC 0.45% of their portfolio HANOVER, MD 25,55925.6k $1.1m $1.1m 0.45% Reduced -19.6k -19,593
87 RVW Wealth, LLC 0.12% of their portfolio LOS ANGELES, CA 25,25025.2k $1.1m $1.1m 0.12% Reduced -161 -161
88 Coulter & Justus Financial Services, LLC 0.71% of their portfolio KNOXVILLE, TN 24,68524.7k $1.0m $1.0m 0.71% Added +3.5k +3,472
89 Clarity Capital Partners LLC 0.74% of their portfolio Newport Beach, CA 24,67224.7k $1.0m $1.0m 0.74% First filing
90 Parallel Advisors, LLC 0.03% of their portfolio SAN FRANCISCO, CA 24,20324.2k $1.0m $1.0m 0.03% Reduced -6.1k -6,108
91 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 23,86423.9k $1.0m $1.0m 0.00% Added +5.2k +5,158
92 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 23,70023.7k $1.0m $1.0m 0.00% Reduced -6.7k -6,697
93 BENJAMIN F. EDWARDS & COMPANY, INC. 0.02% of their portfolio ST. LOUIS, MO 22,91822.9k $972.0k $972.0k 0.02% New
94 Empirical Asset Management, LLC 0.79% of their portfolio WELLESLEY, MA 22,77222.8k $965.8k $965.8k 0.79% Added +1.2k +1,202
95 FinTrust Capital Advisors, LLC 0.19% of their portfolio Greenville, SC 22,49422.5k $954.0k $954.0k 0.19% Added +5.1k +5,063
96 Integrated Wealth Concepts LLC 0.02% of their portfolio WALTHAM, MA 22,45922.5k $952.5k $952.5k 0.02% Reduced -486 -486
97 TrueWealth Advisors, LLC 0.37% of their portfolio BIRMINGHAM, AL 22,41922.4k $950.8k $950.8k 0.37% Reduced -40.8k -40,815
98 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 22,38222.4k $949.2k $949.2k 0.00% Reduced -20 -20
99 Magnus Financial Group LLC 0.12% of their portfolio NEW YORK, NY 22,24122.2k $943.2k $943.2k 0.12% Unchanged
100 AlphaCore Capital LLC 0.14% of their portfolio LA JOLLA, CA 21,88621.9k $928.2k $928.2k 0.14% Reduced -8.9k -8,890