Vault-13

INVESCO EXCH TRADED FD TR II PGX

PFD ETF · ETP · CUSIP 46138E511

496 institutional holders +16 vs Q3 2023
192,361,652192.4m shares reported held*
$2.2bnreported value*
48 new 122 added 214 reduced 49 sold out net bought ≈ $48.5m (+4.2m 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 ($3.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $11.63. Options: 1 managers hold calls ($111.3k notional), 1 hold puts ($73.4k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 478Q4 22: 498Q1 23: 473Q2 23: 481Q3 23: 480Q4 23: 496496Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022478
Q4 2022498
Q1 2023473
Q2 2023481
Q3 2023480
Q4 2023496

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 189 bought or addedQ4 22: 260 cut or sold outQ4 22Q1 23: 190 bought or addedQ1 23: 258 cut or sold outQ1 23Q2 23: 217 bought or addedQ2 23: 202 cut or sold outQ2 23Q3 23: 201 bought or addedQ3 23: 216 cut or sold outQ3 23Q4 23: 170 bought or addedQ4 23: 263 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022189260
Q1 2023190258
Q2 2023217202
Q3 2023201216
Q4 2023170263

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5m$2mQ1 23 calls: $834.6kQ1 23 puts: $822.0kQ1 23P/C 0.98Q2 23 calls: $475.3kQ2 23 puts: $784.3kQ2 23P/C 1.65Q3 23 calls: $1.5mQ3 23 puts: $286.9kQ3 23P/C 0.19Q4 23 calls: $111.3kQ4 23 puts: $73.4kQ4 23P/C 0.66
Numbers
QuarterCallsPutsP/C
Q1 2023$834.6k$822.0k0.98
Q2 2023$475.3k$784.3k1.65
Q3 2023$1.5m$286.9k0.19
Q4 2023$111.3k$73.4k0.66

Biggest buyers

MORGAN STANLEY Added +7,478,647+7.5m
COHEN & STEERS, INC. Added +6,707,019+6.7m
JPMORGAN CHASE & CO Added +1,323,550+1.3m
Spectrum Asset Management, Inc. Added +857,423+857.4k
GTS SECURITIES LLC New +820,566+820.6k
Trinity Legacy Partners, LLC New +731,578+731.6k
PRINCIPAL FINANCIAL GROUP INC Added +586,058+586.1k
MARSHALL WACE, LLP New +510,000+510.0k
NOESIS CAPITAL MANGEMENT CORP Added +363,141+363.1k
Advisors Preferred, LLC New +339,308+339.3k

Biggest sellers

LPL Financial LLC Reduced -3,917,474-3.9m
BANK OF AMERICA CORP /DE/ Reduced -2,005,803-2.0m
ENVESTNET ASSET MANAGEMENT INC Reduced -1,098,777-1.1m
Rockefeller Capital Management L.P. Reduced -1,090,196-1.1m
OSAIC HOLDINGS, INC. Reduced -900,881-900.9k
Avantax Planning Partners, Inc. Reduced -726,642-726.6k
AMERIPRISE FINANCIAL INC Reduced -593,426-593.4k
Hibernia Wealth Partners, LLC Sold out -499,090-499.1k
UBS Group AG Reduced -498,673-498.7k
Lido Advisors, LLC Reduced -436,241-436.2k

Biggest calls

CITADEL ADVISORS LLC Reduced $111.3k9.7k shares

Biggest puts

CITADEL ADVISORS LLC Added $73.4k6.4k 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 BANK OF AMERICA CORP /DE/ 0.07% of their portfolio CHARLOTTE, NC 56,905,20656.9m $652.7m $652.7m 0.07% Reduced -2.0m -2,005,803
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 16,945,88616.9m $194.4m $194.4m 0.01% Added +7.5m +7,478,647
3 WELLS FARGO & COMPANY/MN 0.05% of their portfolio SAN FRANCISCO, CA 15,353,49015.4m $176.1m $176.1m 0.05% Reduced -78.5k -78,484
4 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 10,760,89310.8m $123.2m $123.2m 0.04% Reduced -593.4k -593,426
5 LPL Financial LLC 0.07% of their portfolio FORT MILL, SC 10,724,15410.7m $123.0m $123.0m 0.07% Reduced -3.9m -3,917,474
6 COHEN & STEERS, INC. 0.16% of their portfolio NEW YORK, NY 6,707,6436.7m $76.9m $76.9m 0.16% Added +6.7m +6,707,019
7 BESSEMER GROUP INC 0.11% of their portfolio WOODBRIDGE, NJ 5,091,2155.1m $58.4m $58.4m 0.11% Unchanged
8 UBS Group AG 0.02% of their portfolio ZURICH, V8 4,608,1094.6m $52.9m $52.9m 0.02% Reduced -498.7k -498,673
9 Spectrum Asset Management, Inc. 62.68% of their portfolio STAMFORD, CT 3,694,1503.7m $42.4m $42.4m 62.68% Added +857.4k +857,423
10 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 3,443,6163.4m $39.5m $39.5m 0.01% Added +28.0k +28,029
11 Allworth Financial LP 0.28% of their portfolio FOLSOM, CA 3,160,8073.2m $36.3m $36.3m 0.28% Reduced -334.6k -334,618
12 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,046,9243.0m $34.9m $34.9m 0.00% Added +1.3m +1,323,550
13 HUNTINGTON NATIONAL BANK 0.21% of their portfolio COLUMBUS, OH 1,975,5212.0m $22.7m $22.7m 0.21% Reduced -245.9k -245,907
14 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 1,835,4651.8m $21.1m $21.1m 0.04% Reduced -900.9k -900,881
15 STONEBRIDGE ADVISORS LLC 11.30% of their portfolio WILTON, CT 1,650,8491.7m $18.9m $18.9m 11.30% Reduced -15.5k -15,461
16 Iowa State Bank 3.84% of their portfolio URBANDALE, IA 1,394,6761.4m $16.0m $16.0m 3.84% Reduced -42.2k -42,206
17 Intrepid Financial Planning Group LLC 6.48% of their portfolio CARMEL, IN 1,181,7551.2m $13.6m $13.6m 6.48% Reduced -130.4k -130,380
18 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 1,150,4051.2m $13.3m $13.3m 0.00% Reduced -359.4k -359,357
19 ADVISORS MANAGEMENT GROUP INC /ADV 3.48% of their portfolio LA CROSSE, WI 1,116,2011.1m $12.8m $12.8m 3.48% Reduced -493 -493
20 Janney Montgomery Scott LLC 0.04% of their portfolio PHILADELPHIA, PA 1,108,2231.1m $12.7m $12.7m 0.04% Added +39.2k +39,160
21 Checchi Capital Advisers, LLC 0.99% of their portfolio BEVERLY HILLS, CA 1,058,8291.1m $12.1m $12.1m 0.99% Added +91.8k +91,845
22 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 1,029,3561.0m $11.8m $11.8m 0.02% Reduced -264.9k -264,854
23 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 962,239962.2k $11.0m $11.0m 0.00% Reduced -1.1m -1,098,777
24 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 939,158939.2k $10.8m $10.8m 0.05% Reduced -38.6k -38,570
25 PRUDENTIAL FINANCIAL INC 0.02% of their portfolio NEWARK, NJ 919,004919.0k $10.5m $10.5m 0.02% Added +85.9k +85,935
26 Granite Bay Wealth Management, LLC 0.09% of their portfolio PORTSMOUTH, NH 897,163897.2k $9.8m $9.8m 0.09% Reduced -13.0k -12,953
27 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 860,053860.1k $9.9m $9.9m 0.02% Reduced -26.0k -25,959
28 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 856,337856.3k $9.8m $9.8m 0.02% Reduced -132.0k -131,959
29 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 824,598824.6k $9.5m $9.5m 0.01% Added +83.1k +83,095
30 GTS SECURITIES LLC 0.20% of their portfolio NEW YORK, NY 820,566820.6k $9.4m $9.4m 0.20% New
31 Trinity Legacy Partners, LLC 2.64% of their portfolio HOUSTON, TX 731,578731.6k $8.4m $8.4m 2.64% New
32 Private Advisor Group, LLC 0.06% of their portfolio MORRISTOWN, NJ 719,916719.9k $8.3m $8.3m 0.06% Reduced -214.2k -214,153
33 Garrett Wealth Advisory Group, LLC 3.24% of their portfolio WEATHERFORD, TX 677,879677.9k $7.8m $7.8m 3.24% Added +106.4k +106,369
34 FIRST NATIONAL BANK & TRUST CO OF NEWTOWN 1.65% of their portfolio NEWTOWN, PA 671,289671.3k $7.7m $7.7m 1.65% Reduced -5.1k -5,148
35 Arkos Global Advisors 1.35% of their portfolio HOUSTON, TX 644,763644.8k $7.4m $7.4m 1.35% Reduced -254.3k -254,325
36 McAdam, LLC 0.51% of their portfolio Philadelphia, PA 621,665621.7k $7.1m $7.1m 0.51% Reduced -8.4k -8,413
37 Live Oak Investment Partners 6.45% of their portfolio AUSTIN, TX 616,719616.7k $7.1m $7.1m 6.45% Added +299.3k +299,339
38 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 602,725602.7k $6.9m $6.9m 0.00% Added +586.1k +586,058
39 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 577,928577.9k $6.6m $6.6m 0.01% Reduced -17.5k -17,532
40 Traverso Chambers Private Wealth Management, LLC 1.61% of their portfolio SANTA ROSA, CA 577,155577.2k $6.6m $6.6m 1.61% Added +12.9k +12,902
41 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 547,620547.6k $6.3m $6.3m 0.03% Reduced -64.5k -64,510
42 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 510,000510.0k $5.8m $5.8m 0.01% New
43 Cherry Tree Wealth Management, LLC 1.53% of their portfolio MINNETONKA, MN 498,509498.5k $5.7m $5.7m 1.53% Added +41.5k +41,490
44 Integrated Wealth Concepts LLC 0.09% of their portfolio WALTHAM, MA 498,012498.0k $5.7m $5.7m 0.09% Reduced -98.2k -98,227
45 PLIMOTH TRUST CO LLC 1.61% of their portfolio SWANSEA, MA 485,157485.2k $5.6m $5.6m 1.61% Reduced -91.0k -91,006
46 KCM INVESTMENT ADVISORS LLC 0.21% of their portfolio GREENBRAE, CA 468,355468.4k $5.4m $5.4m 0.21% Reduced -110.4k -110,437
47 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 448,593448.6k $5.1m $5.1m 0.02% Reduced -1.1m -1,090,196
48 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 440,480440.5k $5.1m $5.1m 0.01% Added +29.3k +29,322
49 Prairiewood Capital, LLC 2.60% of their portfolio FARGO, ND 437,086437.1k $5.0m $5.0m 2.60% Added +146.3k +146,255
50 NOESIS CAPITAL MANGEMENT CORP 1.17% of their portfolio BOCA RATON, FL 433,070433.1k $5.0m $5.0m 1.17% Added +363.1k +363,141
51 Florida Trust Wealth Management Co 0.16% of their portfolio SANIBEL, FL 377,360377.4k $4.3m $4.3m 0.16% First filing
52 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 358,081358.1k $4.1m $4.1m 0.01% Added +300.8k +300,837
53 Sound Income Strategies, LLC 0.34% of their portfolio FT LAUDERDALE, FL 355,717355.7k $4.1m $4.1m 0.34% Added +18.2k +18,151
54 Avantax Planning Partners, Inc. 0.15% of their portfolio DUBUQUE, IA 354,626354.6k $4.1m $4.1m 0.15% Reduced -726.6k -726,642
55 Advisors Preferred, LLC 0.64% of their portfolio ROCKVILLE, MD 339,308339.3k $3.9m $3.9m 0.64% New
56 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 336,971337.0k $3.9m $3.9m 0.03% Reduced -1.2k -1,235
57 GYL Financial Synergies, LLC 0.31% of their portfolio West Hartford, CT 327,514327.5k $3.8m $3.8m 0.31% Added +70.5k +70,457
58 Jaffetilchin Investment Partners, LLC 0.35% of their portfolio TAMPA, FL 314,205314.2k $3.6m $3.6m 0.35% New
59 FIRST HAWAIIAN BANK 0.11% of their portfolio HONOLULU, HI 309,421309.4k $3.5m $3.5m 0.11% Added +13.7k +13,730
60 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 302,293302.3k $3.5m $3.5m 0.01% Added +2.6k +2,567
61 Investors Research Corp 0.83% of their portfolio ATLANTA, GA 298,476298.5k $3.4m $3.4m 0.83% Added +14.6k +14,583
62 RFG Advisory, LLC 0.13% of their portfolio BIRMINGHAM, AL 296,677296.7k $3.4m $3.4m 0.13% Reduced -94.9k -94,915
63 First PREMIER Bank 0.92% of their portfolio SIOUX FALLS, SD 285,885285.9k $3.3m $3.3m 0.92% Reduced -5.8k -5,825
64 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 279,800279.8k $3.2m $3.2m 0.00% New
65 Atria Investments, Inc 0.05% of their portfolio Charlotte, NC 277,911277.9k $3.2m $3.2m 0.05% Reduced -32.6k -32,600
66 Kades & Cheifetz LLC 2.24% of their portfolio Berwyn, PA 275,681275.7k $3.2m $3.2m 2.24% Added +98.8k +98,757
67 Cetera Advisor Networks LLC 0.02% of their portfolio EL SEGUNDO, CA 263,033263.0k $3.0m $3.0m 0.02% Reduced -66.2k -66,209
68 Stratos Wealth Partners, LTD. 0.05% of their portfolio BEACHWOOD, OH 242,066242.1k $2.8m $2.8m 0.05% Added +116.8k +116,777
69 Geneos Wealth Management Inc. 0.14% of their portfolio ENGLEWOOD, CO 241,463241.5k $2.8m $2.8m 0.14% Added +6.6k +6,636
70 PRINCIPAL SECURITIES, INC. 0.10% of their portfolio DES MOINES, IA 241,247241.2k $2.8m $2.8m 0.10% First filing
71 KG Capital Management 1.11% of their portfolio ST. FRANCISVILLE, LA 232,229232.2k $2.7m $2.7m 1.11% Added +36.6k +36,625
72 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 232,224232.2k $2.7m $2.7m 0.02% Reduced -228.9k -228,892
73 IFP Advisors, Inc 0.13% of their portfolio TAMPA, FL 231,051231.1k $2.7m $2.7m 0.13% Added +18.1k +18,123
74 Charles Schwab Trust Co 0.26% of their portfolio HENDERSON, NV 230,249230.2k $2.6m $2.6m 0.26% Added +91.4k +91,425
75 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 223,536223.5k $2.6m $2.6m 0.00% Reduced -177.3k -177,313
76 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 215,969216.0k $2.5m $2.5m 0.00% Unchanged
77 Baker Avenue Asset Management, LP 0.11% of their portfolio SAN FRANCISCO, CA 211,421211.4k $2.4m $2.4m 0.11% Added +210.0k +210,012
78 Integrated Advisors Network LLC 0.14% of their portfolio DALLAS, TX 208,350208.3k $2.4m $2.4m 0.14% Reduced -5.7k -5,682
79 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 202,355202.4k $2.3m $2.3m 0.01% Reduced -19.0k -18,999
80 Orion Porfolio Solutions, LLC 0.03% of their portfolio OMAHA, NE 200,327200.3k $2.3m $2.3m 0.03% Reduced -22.2k -22,225
81 Orion Portfolio Solutions, LLC 0.03% of their portfolio Omaha, NE 200,327200.3k $2.3m $2.3m 0.03% Reduced -22.2k -22,225
82 Steward Partners Investment Advisory, LLC 0.03% of their portfolio STAMFORD, CT 193,529193.5k $2.2m $2.2m 0.03% Reduced -17.4k -17,373
83 O'ROURKE & COMPANY, Inc 1.42% of their portfolio BOSTON, MA 191,727191.7k $2.2m $2.2m 1.42% Reduced -15.1k -15,121
84 Wealthspire Advisors, LLC 0.03% of their portfolio NEW YORK, NY 190,476190.5k $2.2m $2.2m 0.03% Added +2.9k +2,908
85 DAYMARK WEALTH PARTNERS, LLC 0.13% of their portfolio CINCINNATI, OH 190,213190.2k $2.2m $2.2m 0.13% Reduced -53.7k -53,668
86 HBK Sorce Advisory LLC 0.08% of their portfolio ERIE, PA 184,373184.4k $2.1m $2.1m 0.08% Reduced -35.4k -35,415
87 Mariner, LLC 0.00% of their portfolio Overland Park, KS 182,957183.0k $2.1m $2.1m 0.00% Added +106.3k +106,290
88 GUIDANCE CAPITAL, INC 0.41% of their portfolio LOUSVILLE, KY 181,978182.0k $2.1m $2.1m 0.41% Added +53.7k +53,723
89 OPPENHEIMER & CO INC 0.04% of their portfolio NEW YORK, NY 181,264181.3k $2.1m $2.1m 0.04% Added +22.8k +22,773
90 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 179,315179.3k $2.1m $2.1m 0.00% Reduced -12.6k -12,634
91 STEPHENS INC /AR/ 0.04% of their portfolio LITTLE ROCK, AR 179,183179.2k $2.1m $2.1m 0.04% Reduced -47.0k -47,036
92 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 175,617175.6k $2.0m $2.0m 0.01% Reduced -40.0k -40,015
93 Beta Wealth Group, Inc. 1.05% of their portfolio SAN DIEGO, CA 173,913173.9k $2.0m $2.0m 1.05% Reduced -4.8k -4,810
94 OLD NATIONAL BANCORP /IN/ 0.05% of their portfolio EVANSVILLE, IN 170,231170.2k $2.0m $2.0m 0.05% Reduced -3.3k -3,269
95 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 166,722166.7k $1.9m $1.9m 0.00% Reduced -161.4k -161,373
96 Advisory Alpha, LLC 0.09% of their portfolio HOLLAND, MI 166,410166.4k $1.9m $1.9m 0.09% Reduced -22.2k -22,167
97 HOWARD WEALTH MANAGEMENT, LLC 1.58% of their portfolio Madison, CT 165,317165.3k $1.9m $1.9m 1.58% Reduced -24.8k -24,751
98 Etesian Wealth Advisors, Inc. 1.13% of their portfolio West Linn, OR 163,354163.4k $1.9m $1.9m 1.13% Reduced -23.0k -23,011
99 Boothe Investment Group, Inc. 0.82% of their portfolio DOVER, DE 158,362158.4k $1.8m $1.8m 0.82% Reduced -146.6k -146,562
100 SHEPHERD KAPLAN KROCHUK, LLC 1.41% of their portfolio Boston, MA 151,503151.5k $1.7m $1.7m 1.41% Reduced -14.4k -14,432