Vault-13

INVESCO EXCH TRADED FD TR II PGX

PFD ETF · ETP · CUSIP 46138E511

419 institutional holders -7 vs Q4 2025
190,324,630190.3m shares reported held*
$2.1bnreported value*
42 new 127 added 139 reduced 45 sold out net sold ≈ $8.0m (-673.5k 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 ($13.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.98. Options: 0 managers hold calls (— notional), 1 hold puts ($218.7k).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 478Q4 22: 498Q1 23: 473Q2 23: 481Q3 23: 480Q4 23: 496Q1 24: 492Q2 24: 470Q3 24: 469Q4 24: 478Q1 25: 453Q2 25: 432Q3 25: 406Q4 25: 426Q1 26: 419419Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022478
Q4 2022498
Q1 2023473
Q2 2023481
Q3 2023480
Q4 2023496
Q1 2024492
Q2 2024470
Q3 2024469
Q4 2024478
Q1 2025453
Q2 2025432
Q3 2025406
Q4 2025426
Q1 2026419

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 24: 166 bought or addedQ2 24: 243 cut or sold outQ3 24: 191 bought or addedQ3 24: 213 cut or sold outQ3 24Q4 24: 183 bought or addedQ4 24: 217 cut or sold outQ1 25: 167 bought or addedQ1 25: 233 cut or sold outQ1 25Q2 25: 154 bought or addedQ2 25: 240 cut or sold outQ3 25: 149 bought or addedQ3 25: 205 cut or sold outQ3 25Q4 25: 164 bought or addedQ4 25: 200 cut or sold outQ1 26: 169 bought or addedQ1 26: 184 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024166243
Q3 2024191213
Q4 2024183217
Q1 2025167233
Q2 2025154240
Q3 2025149205
Q4 2025164200
Q1 2026169184

Calls vs puts

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

CallsPuts
$0$100k$200k$300k$400kQ2 25 calls: $347.3kQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $0Q1 26 puts: $218.7kQ1 26P/C —
Numbers
QuarterCallsPutsP/C
Q2 2025$347.3k$00.00
Q3 2025$0$0—
Q4 2025$0$0—
Q1 2026$0$218.7k—

Biggest buyers

UBS Group AG Added +3,913,325+3.9m
Bramshill Investments, LLC Added +2,957,015+3.0m
BANK OF AMERICA CORP /DE/ Added +2,684,132+2.7m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Added +1,025,630+1.0m
CITADEL ADVISORS LLC New +435,531+435.5k
STONEBRIDGE ADVISORS LLC Added +431,371+431.4k
Banque Transatlantique SA New +326,172+326.2k
Allworth Financial LP Added +173,330+173.3k
Cordoba Advisory Partners LLC Added +165,978+166.0k
FIFTH THIRD BANCORP Added +145,571+145.6k

Biggest sellers

FIRST TRUST ADVISORS LP Sold out -1,966,427-2.0m
COHEN & STEERS, INC. Reduced -1,854,789-1.9m
Spectrum Asset Management, Inc. Reduced -1,469,681-1.5m
JPMORGAN CHASE & CO Reduced -1,246,984-1.2m
Mader & Shannon Wealth Management, Inc. Sold out -1,245,561-1.2m
MORGAN STANLEY Reduced -923,511-923.5k
ROYAL BANK OF CANADA Reduced -766,143-766.1k
Quadrature Capital Ltd Sold out -600,848-600.8k
PRINCIPAL FINANCIAL GROUP INC Reduced -476,348-476.3k
LPL Financial LLC Reduced -412,933-412.9k

Biggest calls

None

Biggest puts

CITADEL ADVISORS LLC New $218.7k20.1k 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 BANK OF AMERICA CORP /DE/ 0.06% of their portfolio CHARLOTTE, NC 81,133,53181.1m $882.7m $882.7m 0.06% Added +2.7m +2,684,132
2 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 15,125,24715.1m $164.6m $164.6m 0.03% Reduced -249.3k -249,281
3 Bramshill Investments, LLC 9.63% of their portfolio NAPLES, FL 10,278,20410.3m $111.8m $111.8m 9.63% Added +3.0m +2,957,015
4 UBS Group AG 0.02% of their portfolio ZURICH, V8 9,258,8959.3m $100.7m $100.7m 0.02% Added +3.9m +3,913,325
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 6,347,7516.3m $69.1m $69.1m 0.00% Reduced -923.5k -923,511
6 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 5,312,7345.3m $57.8m $57.8m 0.02% Reduced -412.9k -412,933
7 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 4,131,3664.1m $45.2m $45.2m 0.01% Reduced -9.5k -9,512
8 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,061,5094.1m $44.2m $44.2m 0.00% Reduced -1.2m -1,246,984
9 Spectrum Asset Management, Inc. 84.85% of their portfolio STAMFORD, CT 3,902,7453.9m $42.5m $42.5m 84.85% Reduced -1.5m -1,469,681
10 BESSEMER GROUP INC 0.06% of their portfolio WOODBRIDGE, NJ 3,482,2153.5m $37.9m $37.9m 0.06% Reduced -503 -503
11 Allworth Financial LP 0.15% of their portfolio FOLSOM, CA 3,367,7783.4m $36.6m $36.6m 0.15% Added +173.3k +173,330
12 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 2,956,0733.0m $32.2m $32.2m 0.01% Reduced -766.1k -766,143
13 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 2,737,0722.7m $29.8m $29.8m 0.01% Added +26.5k +26,468
14 Clearstead Advisors, LLC 0.17% of their portfolio CLEVELAND, OH 1,697,7891.7m $18.5m $18.5m 0.17% Added +14.8k +14,799
15 Checchi Capital Advisers, LLC 1.04% of their portfolio BEVERLY HILLS, CA 1,389,7741.4m $15.1m $15.1m 1.04% Added +44.2k +44,155
16 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 1,229,9821.2m $13.4m $13.4m 0.00% Added +1.0m +1,025,630
17 STONEBRIDGE ADVISORS LLC 15.75% of their portfolio WILTON, CT 1,223,7791.2m $13.3m $13.3m 15.75% Added +431.4k +431,371
18 HUNTINGTON NATIONAL BANK 0.07% of their portfolio COLUMBUS, OH 1,219,9651.2m $13.3m $13.3m 0.07% Reduced -59.7k -59,683
19 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 1,131,3781.1m $12.3m $12.3m 0.02% Reduced -104.2k -104,179
20 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 1,125,8871.1m $12.3m $12.3m 0.02% Reduced -223.9k -223,889
21 CARY STREET PARTNERS FINANCIAL LLC 0.27% of their portfolio RICHMOND, VA 1,017,4721.0m $11.1m $11.1m 0.27% Reduced -48.4k -48,429
22 Private Advisor Group, LLC 0.05% of their portfolio MORRISTOWN, NJ 954,689954.7k $10.4m $10.4m 0.05% Added +1.5k +1,519
23 MAI Capital Management 0.06% of their portfolio INDEPENDENCE, OH 938,873938.9k $10.2m $10.2m 0.06% Added +19.6k +19,587
24 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 751,277751.3k $8.2m $8.2m 0.01% Reduced -6.8k -6,780
25 Trinity Legacy Partners, LLC 1.79% of their portfolio HOUSTON, TX 736,148736.1k $8.3m $8.3m 1.79% Added +18.3k +18,292
26 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 692,249692.2k $7.5m $7.5m 0.02% Reduced -60.0k -59,978
27 Prairiewood Capital, LLC 2.14% of their portfolio FARGO, ND 680,404680.4k $7.4m $7.4m 2.14% Added +24.8k +24,758
28 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 672,722672.7k $7.3m $7.3m 0.00% Reduced -103.3k -103,304
29 Manske Wealth Management 2.03% of their portfolio HOUSTON, TX 664,411664.4k $7.2m $7.2m 2.03% Added +74.4k +74,401
30 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 663,212663.2k $7.2m $7.2m 0.00% Added +59.0k +58,963
31 Investors Research Corp 1.20% of their portfolio ATLANTA, GA 578,277578.3k $6.3m $6.3m 1.20% Added +37.8k +37,756
32 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 540,038540.0k $5.9m $5.9m 0.01% Reduced -24.5k -24,498
33 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 537,436537.4k $5.8m $5.8m 0.01% Added +17.8k +17,759
34 FIRST NATIONAL BANK & TRUST CO OF NEWTOWN 1.24% of their portfolio NEWTOWN, PA 530,142530.1k $5.8m $5.8m 1.24% Reduced -72.3k -72,258
35 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 523,278523.3k $5.7m $5.7m 0.00% Added +6.3k +6,318
36 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 494,356494.4k $5.4m $5.4m 0.01% Reduced -45.9k -45,869
37 McAdam, LLC 0.24% of their portfolio Philadelphia, PA 480,087480.1k $5.2m $5.2m 0.24% Added +9.6k +9,587
38 Cordoba Advisory Partners LLC 1.38% of their portfolio NEW YORK, NY 458,900458.9k $5.0m $5.0m 1.38% Added +166.0k +165,978
39 Sound Income Strategies, LLC 0.24% of their portfolio FT LAUDERDALE, FL 451,487451.5k $5.0m $5.0m 0.24% Reduced -11.8k -11,842
40 PLIMOTH TRUST CO LLC 1.07% of their portfolio SWANSEA, MA 440,393440.4k $4.8m $4.8m 1.07% Added +648 +648
41 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 435,531435.5k $4.7m $4.7m 0.00% New
42 Integrated Wealth Concepts LLC 0.04% of their portfolio WALTHAM, MA 413,477413.5k $4.5m $4.5m 0.04% Added +32.3k +32,348
43 NOESIS CAPITAL MANGEMENT CORP 0.65% of their portfolio BOCA RATON, FL 405,487405.5k $4.4m $4.4m 0.65% Reduced -1.4k -1,429
44 Field & Main Bank 1.24% of their portfolio HENDERSON, KY 393,033393.0k $4.3m $4.3m 1.24% Reduced -3.0k -2,982
45 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 375,515375.5k $4.1m $4.1m 0.01% Reduced -67.8k -67,758
46 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 363,959364.0k $4.0m $4.0m 0.00% Reduced -21.2k -21,200
47 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 362,745362.7k $3.9m $3.9m 0.00% Reduced -20.4k -20,400
48 Compass Financial Group, Inc. (Ohio) 2.85% of their portfolio DUBLIN, OH 357,778357.8k $3.9m $3.9m 2.85% Added +22.7k +22,710
49 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 354,246354.2k $3.9m $3.9m 0.01% Added +5.3k +5,269
50 Banque Transatlantique SA 0.09% of their portfolio PARIS, I0 326,172326.2k $3.5m $3.5m 0.09% New
51 Baker Avenue Asset Management, LP 0.08% of their portfolio SAN FRANCISCO, CA 315,639315.6k $3.4m $3.4m 0.08% Added +18.0k +17,967
52 Arkos Global Advisors 0.43% of their portfolio HOUSTON, TX 312,676312.7k $3.4m $3.4m 0.43% Reduced -90.0k -90,022
53 Geneos Wealth Management Inc. 0.08% of their portfolio ENGLEWOOD, CO 310,360310.4k $3.4m $3.4m 0.08% Reduced -50.5k -50,471
54 Charles Schwab Trust Co 0.22% of their portfolio HENDERSON, NV 307,169307.2k $3.3m $3.3m 0.22% Added +66.1k +66,146
55 WHITE PINE CAPITAL LLC 0.46% of their portfolio BLOOMINGTON, MN 306,038306.0k $3.3m $3.3m 0.46% Added +109.8k +109,822
56 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 304,303304.3k $3.3m $3.3m 0.01% Added +127.0k +127,044
57 COHEN & STEERS, INC. 0.01% of their portfolio NEW YORK, NY 303,146303.1k $3.3m $3.3m 0.01% Reduced -1.9m -1,854,789
58 Gotham Asset Management, LLC 0.01% of their portfolio NEW YORK, NY 296,689296.7k $3.2m $3.2m 0.01% Added +115.0k +115,042
59 FIRST HAWAIIAN BANK 0.42% of their portfolio HONOLULU, HI 273,162273.2k $3.0m $3.0m 0.42% Added +10.7k +10,651
60 KCM INVESTMENT ADVISORS LLC 0.09% of their portfolio GREENBRAE, CA 248,499248.5k $2.7m $2.7m 0.09% Reduced -8.7k -8,667
61 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 224,902224.9k $2.4m $2.4m 0.01% Added +1.2k +1,196
62 Intrepid Financial Planning Group LLC 0.97% of their portfolio CARMEL, IN 221,034221.0k $2.4m $2.4m 0.97% Reduced -368.4k -368,377
63 STEPHENS INC /AR/ 0.03% of their portfolio LITTLE ROCK, AR 199,079199.1k $2.2m $2.2m 0.03% Added +2.8k +2,826
64 World Investment Advisors 0.03% of their portfolio LINCROFT, NJ 193,447193.4k $2.1m $2.1m 0.03% Reduced -7.2k -7,250
65 HBK Sorce Advisory LLC 0.04% of their portfolio ERIE, PA 188,225188.2k $2.1m $2.1m 0.04% Reduced -15.8k -15,783
66 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 186,386186.4k $2.0m $2.0m 0.01% Reduced -29.4k -29,367
67 First PREMIER Bank 0.44% of their portfolio SIOUX FALLS, SD 174,328174.3k $1.9m $1.9m 0.44% Reduced -38.8k -38,830
68 BRIGHTON SECURITIES CORP. 0.88% of their portfolio ROCHESTER, NY 167,863167.9k $1.8m $1.8m 0.88% Added +14.8k +14,753
69 Avantax Planning Partners, Inc. 0.05% of their portfolio DUBUQUE, IA 166,453166.5k $1.8m $1.8m 0.05% Reduced -3.8k -3,840
70 NewSquare Capital LLC 0.16% of their portfolio NEWTOWN SQUARE, PA 165,744165.7k $1.8m $1.8m 0.16% Added +29.2k +29,173
71 GeoWealth Management, LLC 0.06% of their portfolio CHICAGO, IL 161,601161.6k $1.8m $1.8m 0.06% Reduced -370 -370
72 GUGGENHEIM CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 158,201158.2k $1.7m $1.7m 0.01% Added +9.9k +9,933
73 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 157,507157.5k $1.7m $1.7m 0.00% Reduced -6.4k -6,429
74 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 148,086148.1k $1.6m $1.6m 0.01% Reduced -10.6k -10,618
75 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 146,141146.1k $1.6m $1.6m 0.00% Added +145.6k +145,571
76 SHEPHERD KAPLAN KROCHUK, LLC 1.33% of their portfolio Boston, MA 145,528145.5k $1.6m $1.6m 1.33% Reduced -10.3k -10,306
77 PURSUIT WEALTH STRATEGIES, LLC 2.17% of their portfolio RALEIGH, NC 143,722143.7k $1.6m $1.6m 2.17% Reduced -5.6k -5,593
78 ALBION FINANCIAL GROUP /UT 0.10% of their portfolio SALT LAKE CITY, UT 140,795140.8k $1.5m $1.5m 0.10% Added +408 +408
79 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 132,673132.7k $1.4m $1.4m 0.01% Added +11.1k +11,105
80 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 130,556130.6k $1.4m $1.4m 0.00% Added +731 +731
81 Tudor Financial Inc. 0.72% of their portfolio DAYTON, OH 129,505129.5k $1.4m $1.4m 0.72% Added +1.5k +1,500
82 PRINCIPAL SECURITIES, INC. 0.02% of their portfolio DES MOINES, IA 127,983128.0k $1.4m $1.4m 0.02% Added +1.9k +1,866
83 IBEX WEALTH ADVISORS 0.12% of their portfolio BEDMINSTER, NJ 121,097121.1k $1.3m $1.3m 0.12% Added +909 +909
84 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 119,284119.3k $1.3m $1.3m 0.00% Reduced -709 -709
85 KG Capital Management 0.93% of their portfolio ST. FRANCISVILLE, LA 118,927118.9k $1.3m $1.3m 0.93% Reduced -80.0k -79,965
86 &PARTNERS 0.01% of their portfolio NASHVILLE, TN 116,593116.6k $1.3m $1.3m 0.01% Added +6.8k +6,795
87 RFG Advisory, LLC 0.02% of their portfolio BIRMINGHAM, AL 116,043116.0k $1.3m $1.3m 0.02% Added +5.4k +5,447
88 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 113,486113.5k $1.2m $1.2m 0.00% Reduced -105.6k -105,608
89 Independent Wealth Network Inc. 0.37% of their portfolio URBANDALE, IA 113,320113.3k $1.2m $1.2m 0.37% Added +637 +637
90 Jackson, Grant Investment Advisers, Inc. 0.41% of their portfolio STAMFORD, CT 112,973113.0k $1.2m $1.2m 0.41% Reduced -3.9k -3,867
91 Mariner, LLC 0.00% of their portfolio Overland Park, KS 108,050108.0k $1.2m $1.2m 0.00% Added +1.4k +1,402
92 MassMutual Private Wealth & Trust, FSB 0.03% of their portfolio Windsor, CT 106,192106.2k $1.2m $1.2m 0.03% Added +26.7k +26,659
93 CIBC Bancorp USA Inc. 0.00% of their portfolio CHICAGO, IL 104,368104.4k $1.1m $1.1m 0.00% First filing
94 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 104,196104.2k $1.1m $1.1m 0.00% Added +84.8k +84,846
95 Wealth Advisory Solutions, LLC 0.25% of their portfolio ZIONSVILLE, IN 102,962103.0k $1.1m $1.1m 0.25% Added +11.6k +11,639
96 Waverly Advisors, LLC 0.01% of their portfolio BIRMINGHAM, AL 100,804100.8k $1.1m $1.1m 0.01% Reduced -5.6k -5,574
97 Glaxis Capital Management, LLC 1.36% of their portfolio SARASOTA, FL 100,000100.0k $1.1m $1.1m 1.36% New
98 Shulman DeMeo Asset Management LLC 0.23% of their portfolio LAKE SUCCESS, NY 99,990100.0k $1.1m $1.1m 0.23% Reduced -2.0k -1,959
99 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 97,47297.5k $1.1m $1.1m 0.00% Reduced -8.6k -8,579
100 GOULD ASSET MANAGEMENT LLC /CA/ 0.18% of their portfolio CLAREMONT, CA 94,60894.6k $1.0m $1.0m 0.18% Added +12.3k +12,345