Vault-13

INVESCO EXCH TRADED FD TR II PZA

NATL AMT MUNI · ETP · CUSIP 46138E537

182 institutional holders +10 vs Q1 2023
60,310,87760.3m shares reported held*
$1.4bnreported value*
21 new 63 added 59 reduced 13 sold out net bought ≈ $111.0m (+4.7m 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 ($674.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $23.82. Options: 1 managers hold calls ($75.5k notional), 1 hold puts ($113.3k).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 182Q4 22: 178Q1 23: 172Q2 23: 182182Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022182
Q4 2022178
Q1 2023172
Q2 2023182

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 23Q2 23: 84 bought or addedQ2 23: 72 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20226697
Q1 20238380
Q2 20238472

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 —Q2 23 calls: $75.5kQ2 23 puts: $113.3kQ2 23P/C 1.50
Numbers
QuarterCallsPutsP/C
Q3 2022$0$397.0k—
Q4 2022$254.6k$282.2k1.11
Q1 2023$0$274.7k—
Q2 2023$75.5k$113.3k1.50

Biggest buyers

Integrated Wealth Concepts LLC Added +1,556,105+1.6m
BANK OF AMERICA CORP /DE/ Added +1,483,119+1.5m
LPL Financial LLC Added +975,094+975.1k
WELLS FARGO & COMPANY/MN Added +573,140+573.1k
EP Wealth Advisors, LLC Added +438,783+438.8k
FLOW TRADERS U.S. LLC New +362,265+362.3k
PFS INVESTMENTS INC. Added +192,685+192.7k
JANE STREET GROUP, LLC Added +154,060+154.1k
Bank of New York Mellon Corp Added +150,826+150.8k
MORGAN STANLEY Added +140,627+140.6k

Biggest sellers

Goodman Advisory Group, LLC Reduced -290,775-290.8k
Cambridge Investment Research Advisors, Inc. Reduced -259,961-260.0k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -225,791-225.8k
Raymond James Financial Services Advisors, Inc. Reduced -190,565-190.6k
RENAISSANCE TECHNOLOGIES LLC Reduced -184,466-184.5k
Fifth Third Securities, Inc. Sold out -166,519-166.5k
1900 WEALTH MANAGEMENT LLC Reduced -162,193-162.2k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -150,193-150.2k
Atria Wealth Solutions, Inc. Reduced -92,868-92.9k
Clearbridge Investments, LLC Sold out -92,339-92.3k

Biggest calls

CITADEL ADVISORS LLC New $75.5k3.2k shares

Biggest puts

CITADEL ADVISORS LLC New $113.3k4.8k 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 BANK OF AMERICA CORP /DE/ 0.09% of their portfolio CHARLOTTE, NC 32,242,32232.2m $760.9m $760.9m 0.09% Added +1.5m +1,483,119
2 UBS Group AG 0.03% of their portfolio ZURICH, V8 2,961,9083.0m $69.9m $69.9m 0.03% Reduced -4.2k -4,228
3 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,272,8592.3m $53.6m $53.6m 0.01% Added +140.6k +140,627
4 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 1,996,2932.0m $47.1m $47.1m 0.03% Added +975.1k +975,094
5 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,906,2631.9m $45.0m $45.0m 0.01% Added +573.1k +573,140
6 Integrated Wealth Concepts LLC 0.68% of their portfolio WALTHAM, MA 1,677,4021.7m $39.6m $39.6m 0.68% Added +1.6m +1,556,105
7 TRUSTMARK BANK TRUST DEPARTMENT 3.44% of their portfolio JACKSON, MS 1,574,3591.6m $37.2m $37.2m 3.44% Reduced -26.6k -26,583
8 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 1,422,7231.4m $33.6m $33.6m 0.01% Added +48.9k +48,917
9 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 854,759854.8k $20.2m $20.2m 0.01% Added +59.3k +59,324
10 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 659,543659.5k $15.6m $15.6m 0.03% Reduced -6.0k -6,045
11 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 591,737591.7k $14.0m $14.0m 0.02% Added +38.0k +38,048
12 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 583,281583.3k $13.8m $13.8m 0.02% Reduced -2.4k -2,405
13 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 561,120561.1k $13.2m $13.2m 0.01% Reduced -17.1k -17,125
14 Ackerman Capital Advisors, LLC 3.31% of their portfolio DALLAS, TX 541,077541.1k $12.8m $12.8m 3.31% Added +22.1k +22,078
15 TRAPHAGEN INVESTMENT ADVISORS LLC 1.41% of their portfolio ORADELL, NJ 459,161459.2k $10.8m $10.8m 1.41% Added +25.8k +25,782
16 Allworth Financial LP 0.09% of their portfolio FOLSOM, CA 455,795455.8k $10.8m $10.8m 0.09% Added +14.6k +14,638
17 EP Wealth Advisors, LLC 0.16% of their portfolio TORRANCE, CA 448,800448.8k $10.3m $10.3m 0.16% Added +438.8k +438,783
18 Parcion Private Wealth LLC 1.04% of their portfolio BELLEVUE, WA 436,083436.1k $10.3m $10.3m 1.04% Added +139.5k +139,486
19 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.13% of their portfolio ST. LOUIS, MO 369,791369.8k $8.7m $8.7m 0.13% Reduced -9.6k -9,599
20 PFS INVESTMENTS INC. 0.14% of their portfolio DULUTH, GA 368,744368.7k $8.7m $8.7m 0.14% Added +192.7k +192,685
21 FLOW TRADERS U.S. LLC 0.37% of their portfolio NEW YORK, NY 362,265362.3k $8.5m $8.5m 0.37% New
22 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 319,991320.0k $7.6m $7.6m 0.04% Reduced -66.1k -66,125
23 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 316,703316.7k $7.5m $7.5m 0.00% Reduced -19.0k -18,996
24 ASSETMARK, INC 0.03% of their portfolio CONCORD, CA 289,565289.6k $6.8m $6.8m 0.03% Reduced -3.4k -3,446
25 1900 WEALTH MANAGEMENT LLC 0.70% of their portfolio SAN ANTONIO, TX 286,967287.0k $6.8m $6.8m 0.70% Reduced -162.2k -162,193
26 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.06% of their portfolio PLYMOUTH, MN 250,589250.6k $5.9m $5.9m 0.06% Reduced -150.2k -150,193
27 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 229,898229.9k $5.4m $5.4m 0.02% First filing
28 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 217,655217.7k $5.1m $5.1m 0.00% Added +150.8k +150,826
29 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 211,951212.0k $5.0m $5.0m 0.04% Reduced -4.2k -4,200
30 Goodman Advisory Group, LLC 1.82% of their portfolio NEEDHAM, MA 207,529207.5k $4.9m $4.9m 1.82% Reduced -290.8k -290,775
31 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 197,514197.5k $4.7m $4.7m 0.01% Added +154.1k +154,060
32 Axiom Financial Strategies, LLC 2.64% of their portfolio NEW ALBANY, IN 195,317195.3k $4.6m $4.6m 2.64% Added +544 +544
33 McAdam, LLC 0.36% of their portfolio Philadelphia, PA 187,380187.4k $4.4m $4.4m 0.36% Added +224 +224
34 Tortoise Investment Management, LLC 0.63% of their portfolio WHITE PLAINS, NY 179,580179.6k $4.2m $4.2m 0.63% Reduced -6.0k -5,978
35 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 175,300175.3k $4.1m $4.1m 0.01% Reduced -184.5k -184,466
36 SteelPeak Wealth, LLC 0.24% of their portfolio WOODLAND HILLS, CA 169,534169.5k $4.0m $4.0m 0.24% Added +4.6k +4,579
37 Proquility Private Wealth Partners, LLC 1.45% of their portfolio LAS VEGAS, NV 156,695156.7k $3.7m $3.7m 1.45% Reduced -822 -822
38 KING LUTHER CAPITAL MANAGEMENT CORP 0.02% of their portfolio FORT WORTH, TX 152,008152.0k $3.6m $3.6m 0.02% Reduced -2.2k -2,193
39 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 144,244144.2k $3.4m $3.4m 0.00% Reduced -8.1k -8,133
40 Gerber Kawasaki Wealth & Investment Management 0.22% of their portfolio SANTA MONICA, CA 138,381138.4k $3.3m $3.3m 0.22% Added +104.7k +104,685
41 ANDERSON HOAGLAND & CO 0.36% of their portfolio ST LOUIS, MO 119,235119.2k $2.8m $2.8m 0.36% Added +5.4k +5,388
42 TOWNSQUARE CAPITAL LLC 0.22% of their portfolio Lehi, UT 117,514117.5k $12.3m $12.3m 0.22% Added +77.4k +77,376
43 Transamerica Financial Advisors, LLC 0.36% of their portfolio CEDAR RAPIDS, IA 117,332117.3k $2.8m $2.8m 0.36% Added +3.2k +3,241
44 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 115,992116.0k $2.7m $2.7m 0.01% Reduced -36.1k -36,138
45 Cetera Advisor Networks LLC 0.02% of their portfolio EL SEGUNDO, CA 111,706111.7k $2.6m $2.6m 0.02% Reduced -5.5k -5,539
46 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 110,396110.4k $2.6m $2.6m 0.01% Reduced -225.8k -225,791
47 First Heartland Consultants, Inc. 0.32% of their portfolio LAKE ST. LOUIS, MO 103,759103.8k $2.4m $2.4m 0.32% Added +3.9k +3,876
48 Stratos Wealth Partners, LTD. 0.05% of their portfolio BEACHWOOD, OH 93,04293.0k $2.2m $2.2m 0.05% New
49 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 86,64786.6k $2.0m $2.0m 0.00% Reduced -30.9k -30,927
50 Lebenthal Global Advisors, LLC 0.58% of their portfolio Hauppauge, NY 84,36684.4k $2.0m $2.0m 0.58% Reduced -9.2k -9,238
51 Spire Wealth Management 0.07% of their portfolio MCLEAN, VA 78,65278.7k $1.9m $1.9m 0.07% Added +1.4k +1,359
52 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 76,54176.5k $1.8m $1.8m 0.02% Added +1.2k +1,228
53 FIRST FOUNDATION ADVISORS 0.08% of their portfolio Irvine, CA 75,71875.7k $1.8m $1.8m 0.08% New
54 ProVise Management Group, LLC 0.16% of their portfolio CLEARWATER, FL 75,01075.0k $1.8m $1.8m 0.16% Added +39.7k +39,655
55 StrategIQ Financial Group, LLC 0.18% of their portfolio MERRILLVILLE, IN 66,67766.7k $1.6m $1.6m 0.18% Added +5.0k +5,037
56 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 64,00464.0k $1.5m $1.5m 0.02% Reduced -42.0k -42,018
57 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 62,79262.8k $1.5m $1.5m 0.00% Reduced -190.6k -190,565
58 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 56,58756.6k $1.3m $1.3m 0.00% Reduced -3.3k -3,267
59 MMA ASSET MANAGEMENT LLC 0.39% of their portfolio New York, NY 55,32255.3k $1.3m $1.3m 0.39% Added +25.8k +25,760
60 James J. Burns & Company, LLC 0.33% of their portfolio MELVILLE, NY 55,21655.2k $1.3m $1.3m 0.33% Added +241 +241
61 Advisory Alpha, LLC 0.07% of their portfolio HOLLAND, MI 54,20054.2k $1.3m $1.3m 0.07% Reduced -5.5k -5,488
62 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 51,44751.4k $1.2m $1.2m 0.01% Reduced -9.3k -9,272
63 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 50,88150.9k $1.2m $1.2m 0.00% Added +21.7k +21,678
64 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 50,15050.1k $1.2m $1.2m 0.00% Added +89 +89
65 Fiduciary Trust Co 0.02% of their portfolio Boston, MA 50,00050.0k $1.2m $1.2m 0.02% New
66 IHT Wealth Management, LLC 0.06% of their portfolio Chicago, IL 46,91146.9k $1.1m $1.1m 0.06% Reduced -105 -105
67 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 45,01145.0k $1.1m $1.1m 0.01% Added +26.5k +26,496
68 TD PRIVATE CLIENT WEALTH LLC 0.04% of their portfolio NEW YORK, NY 44,03144.0k $1.0m $1.0m 0.04% Added +4.0k +4,039
69 Gladstone Institutional Advisory LLC 0.06% of their portfolio Bedminster, NJ 43,81043.8k $1.0m $1.0m 0.06% Reduced -1.7k -1,720
70 FLYNN ZITO CAPITAL MANAGEMENT, LLC 0.67% of their portfolio GARDEN CITY, NY 42,29742.3k $998.2k $998.2k 0.67% Added +1.2k +1,165
71 Veltria Advisors Corp. 0.47% of their portfolio MIAMI, FL 40,73240.7k $961.3k $961.3k 0.47% Added +20.2k +20,202
72 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 40,02740.0k $944.6k $944.6k 0.00% New
73 BCGM Wealth Management, LLC 0.41% of their portfolio LAFAYETTE, IN 39,58639.6k $934.2k $934.2k 0.41% Reduced -816 -816
74 COMERICA SECURITIES,INC. 0.06% of their portfolio DETROIT, MI 38,77538.8k $915.1k $915.1k 0.06% Added +3.2k +3,196
75 Mascoma Wealth Management LLC 0.27% of their portfolio HANOVER, NH 38,17238.2k $890.5k $890.5k 0.27% Added +1.2k +1,181
76 PFW Advisors LLC 0.29% of their portfolio ATLANTA, GA 37,51637.5k $873.4k $873.4k 0.29% First filing
77 Leeward Financial Partners, LLC 0.48% of their portfolio Bellevue, WA 35,16235.2k $829.8k $829.8k 0.48% New
78 AlphaQ Advisors LLC 0.60% of their portfolio Winter Park, FL 34,78134.8k $820.8k $820.8k 0.60% Added +2.9k +2,912
79 Petix & Botte Co 0.25% of their portfolio LA MESA, CA 34,45234.5k $813.1k $813.1k 0.25% Added +17.2k +17,191
80 UMB Bank, n.a. 0.01% of their portfolio Kansas City, MO 33,64533.6k $794.0k $794.0k 0.01% Added +8.9k +8,928
81 Dynamic Advisor Solutions LLC 0.04% of their portfolio PHOENIX, AZ 32,49832.5k $767.0k $767.0k 0.04% Reduced -243 -243
82 Ausdal Financial Partners, Inc. 0.10% of their portfolio Davenport, IA 32,40132.4k $764.7k $764.7k 0.10% Added +2.3k +2,252
83 AlphaStar Capital Management, LLC 0.08% of their portfolio CORNELIUS, NC 31,56431.6k $744.9k $744.9k 0.08% Reduced -13.2k -13,235
84 NewSquare Capital LLC 0.08% of their portfolio NEWTOWN SQUARE, PA 31,53731.5k $744.3k $744.3k 0.08% Reduced -2.2k -2,223
85 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 29,15929.2k $688.0k $688.0k 0.00% Reduced -9.4k -9,352
86 Addison Advisors LLC 0.33% of their portfolio MIDDLEBURY, VT 28,30528.3k $668.0k $668.0k 0.33% Reduced -455 -455
87 Dorsey & Whitney Trust CO LLC 0.05% of their portfolio SIOUX FALLS, SD 27,52327.5k $649.5k $649.5k 0.05% Reduced -2.8k -2,792
88 Collaborative Wealth Managment Inc. 0.37% of their portfolio LAKE MARY, FL 26,68026.7k $629.6k $629.6k 0.37% Added +3.7k +3,661
89 Cetera Advisors LLC 0.01% of their portfolio DENVER, CO 26,47626.5k $624.8k $624.8k 0.01% Added +5.4k +5,363
90 Arden Trust Co 0.10% of their portfolio WILMINGTON, DE 26,45526.5k $624.0k $624.0k 0.10% Reduced -64.7k -64,745
91 ADVISOR PARTNERS II, LLC 0.03% of their portfolio WALNUT CREEK, CA 26,45526.5k $624.3k $624.3k 0.03% New
92 FOCUS Wealth Advisors, LLC 0.41% of their portfolio HOUSTON, TX 25,93425.9k $612.0k $612.0k 0.41% Reduced -135 -135
93 Sowell Financial Services LLC 0.03% of their portfolio NORTH LITTLE ROCK, AR 24,63424.6k $581.0k $581.0k 0.03% Added +3.6k +3,592
94 Financial Engines Advisors L.L.C. 0.00% of their portfolio SANTA CLARA, CA 24,45324.5k $577.1k $577.1k 0.00% Added +235 +235
95 Melone Private Wealth, LLC 0.39% of their portfolio AUBURN HILLS, MI 23,67123.7k $558.6k $558.6k 0.39% Added +176 +176
96 Running Point Capital Advisors, LLC 0.30% of their portfolio EL SEGUNDO, CA 22,77622.8k $537.5k $537.5k 0.30% Added +3.7k +3,744
97 ARGONAUTICA PRIVATE WEALTH MANAGEMENT, INC 0.23% of their portfolio WELLESLEY, MA 21,71121.7k $512.4k $512.4k 0.23% Reduced -610 -610
98 INTERACTIVE FINANCIAL ADVISORS, INC. 0.35% of their portfolio New Lenox, IL 21,65821.7k $511.1k $511.1k 0.35% Reduced -2.5k -2,509
99 SYNOVUS FINANCIAL CORP 0.01% of their portfolio Columbus, GA 21,40021.4k $505.0k $505.0k 0.01% Unchanged
100 Belpointe Asset Management LLC 0.05% of their portfolio RENO, NV 21,15621.2k $499.3k $499.3k 0.05% Reduced -230 -230