Vault-13

INVESCO EXCH TRADED FD TR II PZA

NATL AMT MUNI · ETP · CUSIP 46138E537

172 institutional holders -6 vs Q4 2022
55,299,58755.3m shares reported held*
$1.3bnreported value*
21 new 62 added 58 reduced 22 sold out net bought ≈ $133.3m (+5.6m 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 ($742.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $23.76. Options: 0 managers hold calls (— notional), 1 hold puts ($274.7k).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 182Q4 22: 178Q1 23: 172172Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022182
Q4 2022178
Q1 2023172

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 66 bought or addedQ4 22: 97 cut or sold outQ4 22Q1 23: 83 bought or addedQ1 23: 80 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20226697
Q1 20238380

Calls vs puts

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

CallsPuts
$0$100k$200k$300k$400kQ3 22 calls: $0Q3 22 puts: $397.0kQ3 22P/C —Q4 22 calls: $254.6kQ4 22 puts: $282.2kQ4 22P/C 1.11Q1 23 calls: $0Q1 23 puts: $274.7kQ1 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$0$397.0k—
Q4 2022$254.6k$282.2k1.11
Q1 2023$0$274.7k—

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +6,524,601+6.5m
Ackerman Capital Advisors, LLC New +518,999+519.0k
MORGAN STANLEY Added +363,972+364.0k
Parcion Private Wealth LLC New +296,597+296.6k
COMMONWEALTH EQUITY SERVICES, LLC Added +260,921+260.9k
RENAISSANCE TECHNOLOGIES LLC Added +255,473+255.5k
Cambridge Investment Research Advisors, Inc. Added +238,424+238.4k
McAdam, LLC Added +178,966+179.0k
Raymond James Financial Services Advisors, Inc. Added +173,389+173.4k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +123,423+123.4k

Biggest sellers

NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -1,508,208-1.5m
ENVESTNET ASSET MANAGEMENT INC Reduced -586,924-586.9k
EP Wealth Advisors, LLC Reduced -388,416-388.4k
AMERIPRISE FINANCIAL INC Reduced -373,048-373.0k
FLOW TRADERS U.S. LLC Sold out -250,898-250.9k
OLD MISSION CAPITAL LLC Reduced -195,934-195.9k
Avidian Wealth Enterprises, LLC Reduced -153,754-153.8k
JANE STREET GROUP, LLC Reduced -144,453-144.5k
MERCER GLOBAL ADVISORS INC /ADV Reduced -143,730-143.7k
Financial Engines Advisors L.L.C. Reduced -136,605-136.6k

Biggest calls

None

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $274.7k11.6k 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.08% of their portfolio CHARLOTTE, NC 30,759,20330.8m $728.4m $728.4m 0.08% Added +6.5m +6,524,601
2 UBS Group AG 0.03% of their portfolio ZURICH, V8 2,966,1363.0m $70.2m $70.2m 0.03% Added +34.9k +34,890
3 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,132,2322.1m $50.5m $50.5m 0.01% Added +364.0k +363,972
4 TRUSTMARK BANK TRUST DEPARTMENT 3.45% of their portfolio JACKSON, MS 1,600,9421.6m $37.9m $37.9m 3.45% Added +100.7k +100,688
5 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,373,8061.4m $32.5m $32.5m 0.02% Reduced -586.9k -586,924
6 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,333,1231.3m $31.6m $31.6m 0.01% Reduced -57.1k -57,076
7 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,021,1991.0m $24.2m $24.2m 0.02% Added +120.9k +120,852
8 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 795,435795.4k $18.8m $18.8m 0.01% Reduced -373.0k -373,048
9 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 665,588665.6k $15.8m $15.8m 0.03% Reduced -4.2k -4,192
10 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 585,686585.7k $13.9m $13.9m 0.02% Reduced -1.5m -1,508,208
11 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 578,245578.2k $13.7m $13.7m 0.01% Reduced -65.7k -65,706
12 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 553,689553.7k $13.1m $13.1m 0.02% Added +65.3k +65,314
13 Ackerman Capital Advisors, LLC 3.18% of their portfolio DALLAS, TX 518,999519.0k $12.3m $12.3m 3.18% New
14 Goodman Advisory Group, LLC 6.43% of their portfolio NEEDHAM, MA 498,304498.3k $11.8m $11.8m 6.43% Added +60.6k +60,562
15 1900 WEALTH MANAGEMENT LLC 1.12% of their portfolio SAN ANTONIO, TX 449,160449.2k $10.5m $10.5m 1.12% Reduced -17.4k -17,418
16 Allworth Financial LP 0.10% of their portfolio FOLSOM, CA 441,157441.2k $10.4m $10.4m 0.10% Added +71.8k +71,832
17 TRAPHAGEN INVESTMENT ADVISORS LLC 1.51% of their portfolio ORADELL, NJ 433,379433.4k $10.3m $10.3m 1.51% Added +60.6k +60,573
18 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.11% of their portfolio PLYMOUTH, MN 400,782400.8k $9.5m $9.5m 0.11% Added +123.4k +123,423
19 MML INVESTORS SERVICES, LLC 0.06% of their portfolio SPRINGFIELD, MA 386,116386.1k $9.1m $9.1m 0.06% Added +42.9k +42,911
20 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.13% of their portfolio ST. LOUIS, MO 379,390379.4k $9.0m $9.0m 0.13% Added +3.5k +3,496
21 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 359,766359.8k $8.5m $8.5m 0.01% Added +255.5k +255,473
22 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 336,187336.2k $8.0m $8.0m 0.02% Added +260.9k +260,921
23 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 335,699335.7k $8.0m $8.0m 0.00% Added +106.0k +106,032
24 Parcion Private Wealth LLC 0.73% of their portfolio BELLEVUE, WA 296,597296.6k $7.0m $7.0m 0.73% New
25 ASSETMARK, INC 0.03% of their portfolio CONCORD, CA 293,011293.0k $6.9m $6.9m 0.03% Reduced -4.5k -4,543
26 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 276,953277.0k $6.6m $6.6m 0.03% Added +238.4k +238,424
27 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 253,357253.4k $6.0m $6.0m 0.01% Added +173.4k +173,389
28 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 216,151216.2k $5.1m $5.1m 0.04% Reduced -10.4k -10,363
29 Axiom Financial Strategies, LLC 2.56% of their portfolio NEW ALBANY, IN 194,773194.8k $4.6m $4.6m 2.56% Reduced -2.5k -2,468
30 McAdam, LLC 0.40% of their portfolio Philadelphia, PA 187,156187.2k $4.4m $4.4m 0.40% Added +179.0k +178,966
31 Tortoise Investment Management, LLC 0.70% of their portfolio WHITE PLAINS, NY 185,558185.6k $4.4m $4.4m 0.70% Reduced -20.7k -20,681
32 PFS INVESTMENTS INC. 0.07% of their portfolio DULUTH, GA 176,059176.1k $4.2m $4.2m 0.07% Added +33.2k +33,248
33 Fifth Third Securities, Inc. 0.45% of their portfolio Cincinnati, OH 166,519166.5k $3.9m $3.9m 0.45% Reduced -873 -873
34 SteelPeak Wealth, LLC 0.27% of their portfolio WOODLAND HILLS, CA 164,955165.0k $3.9m $3.9m 0.27% Added +87.2k +87,162
35 Proquility Private Wealth Partners, LLC 1.48% of their portfolio LAS VEGAS, NV 157,517157.5k $3.7m $3.7m 1.48% Added +55.6k +55,634
36 KING LUTHER CAPITAL MANAGEMENT CORP 0.02% of their portfolio FORT WORTH, TX 154,201154.2k $3.7m $3.7m 0.02% Added +2.2k +2,193
37 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 152,377152.4k $3.6m $3.6m 0.00% Added +11.1k +11,091
38 MERCER GLOBAL ADVISORS INC /ADV 0.02% of their portfolio DENVER, CO 152,130152.1k $3.6m $3.6m 0.02% Reduced -143.7k -143,730
39 Integrated Wealth Concepts LLC 0.06% of their portfolio WALTHAM, MA 121,297121.3k $2.9m $2.9m 0.06% Added +4.9k +4,908
40 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 117,574117.6k $2.8m $2.8m 0.00% Reduced -13.9k -13,863
41 Cetera Advisor Networks LLC 0.02% of their portfolio EL SEGUNDO, CA 117,245117.2k $2.8m $2.8m 0.02% Added +12.4k +12,403
42 Transamerica Financial Advisors, LLC 0.36% of their portfolio CEDAR RAPIDS, IA 114,091114.1k $2.7m $2.7m 0.36% Added +106 +106
43 ANDERSON HOAGLAND & CO 0.39% of their portfolio ST LOUIS, MO 113,847113.8k $2.7m $2.7m 0.39% Added +18.3k +18,297
44 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 106,022106.0k $2.5m $2.5m 0.03% Added +3.6k +3,591
45 Atria Wealth Solutions, Inc. 0.04% of their portfolio NEW YORK, NY 105,436105.4k $2.5m $2.5m 0.04% Added +92.2k +92,192
46 First Heartland Consultants, Inc. 0.36% of their portfolio LAKE ST. LOUIS, MO 99,88399.9k $2.4m $2.4m 0.36% Reduced -3.3k -3,271
47 Lebenthal Global Advisors, LLC 0.68% of their portfolio Hauppauge, NY 93,60493.6k $2.2m $2.2m 0.68% Added +866 +866
48 Clearbridge Investments, LLC 0.00% of their portfolio NEW YORK, NY 92,33992.3k $2.2m $2.2m 0.00% Added +3.0k +2,996
49 Arden Trust Co 0.39% of their portfolio WILMINGTON, DE 91,20091.2k $2.2m $2.2m 0.39% Added +3.1k +3,065
50 Spire Wealth Management 0.07% of their portfolio MCLEAN, VA 77,29377.3k $1.8m $1.8m 0.07% Added +16.3k +16,252
51 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 75,31375.3k $1.8m $1.8m 0.02% Reduced -37.8k -37,754
52 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 66,82966.8k $1.6m $1.6m 0.00% New
53 StrategIQ Financial Group, LLC 0.17% of their portfolio MERRILLVILLE, IN 61,64061.6k $1.5m $1.5m 0.17% Added +650 +650
54 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 60,71960.7k $1.4m $1.4m 0.01% Added +565 +565
55 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 59,85459.9k $1.4m $1.4m 0.00% Added +2.7k +2,658
56 Advisory Alpha, LLC 0.09% of their portfolio HOLLAND, MI 59,68859.7k $1.4m $1.4m 0.09% Reduced -1.3k -1,321
57 James J. Burns & Company, LLC 0.34% of their portfolio MELVILLE, NY 54,97555.0k $1.3m $1.3m 0.34% Added +7.5k +7,513
58 SUMMIT WEALTH & RETIREMENT PLANNING, INC. 0.46% of their portfolio EAGLE, ID 52,45852.5k $1.2m $1.2m 0.46% New
59 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 50,06150.1k $1.2m $1.2m 0.00% Added +86 +86
60 IHT Wealth Management, LLC 0.06% of their portfolio Chicago, IL 47,01647.0k $1.1m $1.1m 0.06% Added +22.8k +22,796
61 Gladstone Institutional Advisory LLC 0.07% of their portfolio Bedminster, NJ 45,53045.5k $1.1m $1.1m 0.07% Added +1.6k +1,609
62 AlphaStar Capital Management, LLC 0.09% of their portfolio CORNELIUS, NC 44,79944.8k $1.1m $1.1m 0.09% Added +34.9k +34,899
63 OLD MISSION CAPITAL LLC 0.03% of their portfolio CHICAGO, IL 43,54843.5k $1.0m $1.0m 0.03% Reduced -195.9k -195,934
64 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 43,45443.5k $1.0m $1.0m 0.00% Reduced -144.5k -144,453
65 FLYNN ZITO CAPITAL MANAGEMENT, LLC 0.71% of their portfolio GARDEN CITY, NY 41,13241.1k $974.0k $974.0k 0.71% New
66 BCGM Wealth Management, LLC 0.48% of their portfolio LAFAYETTE, IN 40,40240.4k $956.7k $956.7k 0.48% Reduced -8.5k -8,546
67 TOWNSQUARE CAPITAL LLC 0.02% of their portfolio Lehi, UT 40,13840.1k $950.5k $950.5k 0.02% Added +487 +487
68 TD PRIVATE CLIENT WEALTH LLC 0.04% of their portfolio NEW YORK, NY 39,99240.0k $947.0k $947.0k 0.04% Added +22.3k +22,320
69 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 38,51138.5k $912.0k $912.0k 0.00% Reduced -5.3k -5,309
70 Mascoma Wealth Management LLC 0.26% of their portfolio HANOVER, NH 36,99137.0k $876.7k $876.7k 0.26% Reduced -4.6k -4,623
71 COMERICA SECURITIES,INC. 0.06% of their portfolio DETROIT, MI 35,57935.6k $842.5k $842.5k 0.06% Reduced -14.7k -14,668
72 ProVise Management Group, LLC 0.08% of their portfolio CLEARWATER, FL 35,35535.4k $837.2k $837.2k 0.08% Added +8.3k +8,269
73 Legacy Capital Wealth Partners, LLC 0.23% of their portfolio LITTLE ROCK, AR 35,00035.0k $828.8k $828.8k 0.23% New
74 SimpliFi, Inc. 0.40% of their portfolio SAN DIEGO, CA 34,61134.6k $819.6k $819.6k 0.40% Added +25.4k +25,368
75 NewSquare Capital LLC 0.09% of their portfolio NEWTOWN SQUARE, PA 33,76033.8k $799.4k $799.4k 0.09% Reduced -3.2k -3,189
76 Gerber Kawasaki Wealth & Investment Management 0.06% of their portfolio SANTA MONICA, CA 33,69633.7k $797.9k $797.9k 0.06% Added +23.8k +23,775
77 Dynamic Advisor Solutions LLC 0.05% of their portfolio PHOENIX, AZ 32,74132.7k $775.3k $775.3k 0.05% Reduced -11.8k -11,805
78 AlphaQ Advisors LLC 0.64% of their portfolio Winter Park, FL 31,86931.9k $754.7k $754.7k 0.64% Reduced -38.9k -38,936
79 Dorsey & Whitney Trust CO LLC 0.07% of their portfolio SIOUX FALLS, SD 30,31530.3k $717.9k $717.9k 0.07% Added +6.6k +6,618
80 Ausdal Financial Partners, Inc. 0.10% of their portfolio Davenport, IA 30,14930.1k $713.9k $713.9k 0.10% Reduced -24.6k -24,577
81 MMA ASSET MANAGEMENT LLC 0.50% of their portfolio New York, NY 29,56229.6k $700.0k $700.0k 0.50% Added +4.1k +4,134
82 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 29,20329.2k $692.0k $692.0k 0.00% Reduced -226 -226
83 Addison Advisors LLC 0.38% of their portfolio MIDDLEBURY, VT 28,76028.8k $681.0k $681.0k 0.38% Added +455 +455
84 FOCUS Wealth Advisors, LLC 0.41% of their portfolio HOUSTON, TX 26,06926.1k $617.3k $617.3k 0.41% Reduced -180 -180
85 UMB Bank, n.a. 0.01% of their portfolio Kansas City, MO 24,71724.7k $585.3k $585.3k 0.01% Added +2.2k +2,230
86 Financial Engines Advisors L.L.C. 0.00% of their portfolio SANTA CLARA, CA 24,21824.2k $573.5k $573.5k 0.00% Reduced -136.6k -136,605
87 INTERACTIVE FINANCIAL ADVISORS, INC. 0.37% of their portfolio New Lenox, IL 24,16724.2k $572.3k $572.3k 0.37% Reduced -2.3k -2,334
88 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 23,95824.0k $567.3k $567.3k 0.01% Reduced -67.7k -67,740
89 Melone Private Wealth, LLC 0.43% of their portfolio AUBURN HILLS, MI 23,49523.5k $562.9k $562.9k 0.43% Added +3.4k +3,355
90 Collaborative Wealth Managment Inc. 0.34% of their portfolio LAKE MARY, FL 23,01923.0k $545.1k $545.1k 0.34% Unchanged
91 ARGONAUTICA PRIVATE WEALTH MANAGEMENT, INC 0.27% of their portfolio WELLESLEY, MA 22,32122.3k $528.6k $528.6k 0.27% New
92 Successful Portfolios LLC 0.32% of their portfolio CLEARWATER, FL 21,44021.4k $507.7k $507.7k 0.32% Unchanged
93 SYNOVUS FINANCIAL CORP 0.01% of their portfolio Columbus, GA 21,40021.4k $506.8k $506.8k 0.01% Unchanged
94 First Affirmative Financial Network 0.59% of their portfolio COLORADO SPRINGS, CO 21,39521.4k $506.6k $506.6k 0.59% Added +299 +299
95 Belpointe Asset Management LLC 0.03% of their portfolio RENO, NV 21,38621.4k $506.4k $506.4k 0.03% Unchanged
96 Cetera Advisors LLC 0.01% of their portfolio DENVER, CO 21,11321.1k $500.0k $500.0k 0.01% Added +1.1k +1,060
97 Sowell Financial Services LLC 0.04% of their portfolio NORTH LITTLE ROCK, AR 21,04221.0k $498.0k $498.0k 0.04% Reduced -5.5k -5,514
98 BerganKDV Wealth Management, LLC 0.05% of their portfolio BLOOMINGTON, MN 20,99821.0k $497.2k $497.2k 0.05% Added +12.5k +12,547
99 Veltria Advisors Corp. 0.20% of their portfolio MIAMI, FL 20,53020.5k $486.1k $486.1k 0.20% New
100 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 19,25219.3k $455.9k $455.9k 0.00% Reduced -5.0k -5,010