Vault-13

INVESCO EXCH TRADED FD TR II PZA

NATL AMT MUNI · ETP · CUSIP 46138E537

217 institutional holders -14 vs Q4 2024
89,980,06490.0m shares reported held*
$2.1bnreported value*
23 new 82 added 75 reduced 38 sold out net sold ≈ $62.8m (-2.7m 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 ($673.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $23.05. Options: 2 managers hold calls ($364.0k notional), 2 hold puts ($1.2m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 182Q4 22: 178Q1 23: 172Q2 23: 182Q3 23: 190Q4 23: 205Q1 24: 199Q2 24: 213Q3 24: 219Q4 24: 231Q1 25: 217217Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022182
Q4 2022178
Q1 2023172
Q2 2023182
Q3 2023190
Q4 2023205
Q1 2024199
Q2 2024213
Q3 2024219
Q4 2024231
Q1 2025217

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 23: 84 bought or addedQ2 23: 72 cut or sold outQ3 23: 82 bought or addedQ3 23: 87 cut or sold outQ3 23Q4 23: 96 bought or addedQ4 23: 93 cut or sold outQ1 24: 110 bought or addedQ1 24: 82 cut or sold outQ1 24Q2 24: 106 bought or addedQ2 24: 77 cut or sold outQ3 24: 107 bought or addedQ3 24: 93 cut or sold outQ3 24Q4 24: 114 bought or addedQ4 24: 101 cut or sold outQ1 25: 105 bought or addedQ1 25: 113 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20238472
Q3 20238287
Q4 20239693
Q1 202411082
Q2 202410677
Q3 202410793
Q4 2024114101
Q1 2025105113

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ2 24 calls: $123.1kQ2 24 puts: $994.6kQ2 24P/C 8.08Q3 24 calls: $113.5kQ3 24 puts: $845.2kQ3 24P/C 7.45Q4 24 calls: $226.7kQ4 24 puts: $47.2kQ4 24P/C 0.21Q1 25 calls: $364.0kQ1 25 puts: $1.2mQ1 25P/C 3.43
Numbers
QuarterCallsPutsP/C
Q2 2024$123.1k$994.6k8.08
Q3 2024$113.5k$845.2k7.45
Q4 2024$226.7k$47.2k0.21
Q1 2025$364.0k$1.2m3.43

Biggest buyers

CLIFTONLARSONALLEN WEALTH ADVISORS, LLC Added +998,227+998.2k
JANE STREET GROUP, LLC Added +901,777+901.8k
GOLDMAN SACHS GROUP INC Added +502,129+502.1k
JPMORGAN CHASE & CO Added +457,623+457.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +277,709+277.7k
Proquility Private Wealth Partners, LLC Added +206,809+206.8k
LPL Financial LLC Added +184,906+184.9k
Stratos Wealth Partners, LTD. Added +128,871+128.9k
Creative Planning Added +125,664+125.7k
Parcion Private Wealth LLC Added +119,852+119.9k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -1,900,304-1.9m
Ocean Park Asset Management, LLC Sold out -1,186,900-1.2m
ENVESTNET ASSET MANAGEMENT INC Reduced -930,270-930.3k
CITADEL ADVISORS LLC Reduced -506,936-506.9k
AMERIPRISE FINANCIAL INC Reduced -403,736-403.7k
Independent Advisor Alliance Sold out -349,463-349.5k
1900 WEALTH MANAGEMENT LLC Reduced -330,113-330.1k
MML INVESTORS SERVICES, LLC Reduced -280,869-280.9k
Clark Capital Management Group, Inc. Sold out -185,345-185.3k
Cetera Investment Advisers Reduced -156,525-156.5k

Biggest calls

CITADEL ADVISORS LLC Added $306.4k13.3k shares
BANK OF AMERICA CORP /DE/ Unchanged $57.6k2.5k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $813.3k35.3k shares
CITADEL ADVISORS LLC Added $435.5k18.9k 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.10% of their portfolio CHARLOTTE, NC 47,819,73847.8m $1.1bn $1.1bn 0.10% Reduced -1.9m -1,900,304
2 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 1.59% of their portfolio MINNEAPOLIS, MN 3,700,0493.7m $85.2m $85.2m 1.59% Added +998.2k +998,227
3 UBS Group AG 0.02% of their portfolio ZURICH, V8 2,944,2442.9m $67.8m $67.8m 0.02% Added +53.1k +53,080
4 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 2,231,9212.2m $51.4m $51.4m 0.02% Added +184.9k +184,906
5 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 2,124,5422.1m $48.9m $48.9m 0.01% Added +42.5k +42,522
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,979,7642.0m $45.6m $45.6m 0.00% Reduced -102.0k -101,988
7 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,651,4221.7m $38.0m $38.0m 0.01% Added +113.7k +113,692
8 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 1,618,1711.6m $37.3m $37.3m 0.01% Reduced -930.3k -930,270
9 EP Wealth Advisors, LLC 0.27% of their portfolio TORRANCE, CA 1,452,3111.5m $33.5m $33.5m 0.27% Added +43.5k +43,484
10 JANE STREET GROUP, LLC 0.05% of their portfolio NEW YORK, NY 1,275,9861.3m $29.4m $29.4m 0.05% Added +901.8k +901,777
11 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 1,167,5821.2m $26.9m $26.9m 0.01% Reduced -403.7k -403,736
12 Parcion Private Wealth LLC 1.85% of their portfolio BELLEVUE, WA 985,215985.2k $22.7m $22.7m 1.85% Added +119.9k +119,852
13 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 973,391973.4k $22.4m $22.4m 0.00% Added +457.6k +457,623
14 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 906,842906.8k $20.9m $20.9m 0.02% Reduced -70.5k -70,544
15 Composition Wealth, LLC 0.38% of their portfolio LOS ANGELES, CA 827,357827.4k $19.1m $19.1m 0.38% Added +72.1k +72,119
16 CX Institutional 0.68% of their portfolio AUBURN, IN 787,564787.6k $18.1m $18.1m 0.68% Added +27.1k +27,067
17 Annex Advisory Services, LLC 0.51% of their portfolio BROOKFIELD, WI 785,365785.4k $18.1m $18.1m 0.51% Added +73.3k +73,329
18 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 764,916764.9k $17.6m $17.6m 0.02% Added +43.3k +43,324
19 Stratos Wealth Partners, LTD. 0.24% of their portfolio BEACHWOOD, OH 693,342693.3k $16.0m $16.0m 0.24% Added +128.9k +128,871
20 Goodman Advisory Group, LLC 4.61% of their portfolio NEEDHAM, MA 655,675655.7k $15.1m $15.1m 4.61% Reduced -107.8k -107,775
21 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 579,379579.4k $13.3m $13.3m 0.01% Reduced -62.3k -62,338
22 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 518,168518.2k $11.9m $11.9m 0.03% Reduced -69.2k -69,166
23 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 516,983517.0k $11.9m $11.9m 0.00% Added +502.1k +502,129
24 COMERICA BANK 0.05% of their portfolio DALLAS, TX 470,189470.2k $10.8m $10.8m 0.05% Reduced -29.8k -29,817
25 Gerber Kawasaki Wealth & Investment Management 0.48% of their portfolio SANTA MONICA, CA 463,054463.1k $10.7m $10.7m 0.48% Added +82.3k +82,306
26 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 455,220455.2k $10.5m $10.5m 0.02% Reduced -8.1k -8,124
27 Allworth Financial LP 0.06% of their portfolio FOLSOM, CA 454,642454.6k $10.2m $10.2m 0.06% Reduced -53.3k -53,252
28 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 441,588441.6k $10.2m $10.2m 0.02% Reduced -156.5k -156,525
29 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 426,055426.1k $9.8m $9.8m 0.03% Reduced -280.9k -280,869
30 TRUSTMARK BANK TRUST DEPARTMENT 0.65% of their portfolio JACKSON, MS 379,506379.5k $8.7m $8.7m 0.65% Reduced -14.2k -14,189
31 ANDERSON HOAGLAND & CO 0.99% of their portfolio ST LOUIS, MO 377,866377.9k $8.4m $8.4m 0.99% Added +8.3k +8,348
32 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 366,797366.8k $8.5m $8.5m 0.01% Reduced -10.2k -10,207
33 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 362,695362.7k $8.4m $8.4m 0.00% Added +31.2k +31,243
34 SEEDS INVESTOR LLC 2.32% of their portfolio NEW YORK, NY 358,863358.9k $8.3m $8.3m 2.32% Added +9.0k +8,959
35 ASSETMARK, INC 0.02% of their portfolio CONCORD, CA 339,330339.3k $7.8m $7.8m 0.02% Added +26.2k +26,170
36 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.11% of their portfolio ST. LOUIS, MO 326,206326.2k $7.5m $7.5m 0.11% Reduced -6.6k -6,552
37 Stewardship Advisors, LLC 2.01% of their portfolio MOUNT JOY, PA 322,455322.5k $7.4m $7.4m 2.01% Added +29.6k +29,641
38 Proquility Private Wealth Partners, LLC 2.13% of their portfolio LAS VEGAS, NV 300,398300.4k $6.9m $6.9m 2.13% Added +206.8k +206,809
39 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 295,145295.1k $6.8m $6.8m 0.01% Added +277.7k +277,709
40 1900 WEALTH MANAGEMENT LLC 0.56% of their portfolio SAN ANTONIO, TX 292,239292.2k $6.7m $6.7m 0.56% Reduced -330.1k -330,113
41 IHT Wealth Management, LLC 0.20% of their portfolio Chicago, IL 277,163277.2k $6.4m $6.4m 0.20% Reduced -4.0k -4,005
42 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 276,172276.2k $6.4m $6.4m 0.00% Reduced -15.9k -15,881
43 Meeder Advisory Services, Inc. 0.33% of their portfolio DUBLIN, OH 239,137239.1k $5.5m $5.5m 0.33% Added +28.3k +28,276
44 TRAPHAGEN INVESTMENT ADVISORS LLC 0.55% of their portfolio ORADELL, NJ 228,677228.7k $5.3m $5.3m 0.55% Added +5.7k +5,732
45 Aveo Capital Partners, LLC 0.77% of their portfolio ENGLEWOOD, CO 204,888204.9k $4.7m $4.7m 0.77% Reduced -6.9k -6,887
46 ASHTON THOMAS SECURITIES, LLC 1.25% of their portfolio ROCHESTER, NY 194,567194.6k $4.5m $4.5m 1.25% Added +6.0k +6,037
47 McAdam, LLC 0.28% of their portfolio Philadelphia, PA 194,325194.3k $4.5m $4.5m 0.28% Reduced -135.6k -135,557
48 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 162,310162.3k $3.7m $3.7m 0.01% Added +4.6k +4,570
49 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 137,381137.4k $3.2m $3.2m 0.01% Reduced -27.4k -27,417
50 Petix & Botte Co 0.82% of their portfolio LA MESA, CA 135,752135.8k $3.1m $3.1m 0.82% Added +32.9k +32,920
51 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 135,543135.5k $3.1m $3.1m 0.00% Added +125.7k +125,664
52 Integrated Wealth Concepts LLC 0.04% of their portfolio WALTHAM, MA 135,125135.1k $3.1m $3.1m 0.04% Added +58.2k +58,167
53 FIRST FOUNDATION ADVISORS 0.13% of their portfolio Irvine, CA 134,937134.9k $3.1m $3.1m 0.13% Reduced -70.7k -70,664
54 Tortoise Investment Management, LLC 0.32% of their portfolio WHITE PLAINS, NY 133,215133.2k $3.1m $3.1m 0.32% Added +2.5k +2,534
55 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 115,900115.9k $2.7m $2.7m 0.00% Reduced -1.3k -1,300
56 SteelPeak Wealth, LLC 0.11% of their portfolio WOODLAND HILLS, CA 115,568115.6k $2.7m $2.7m 0.11% Reduced -2.0k -2,048
57 First Heartland Consultants, Inc. 0.26% of their portfolio LAKE ST. LOUIS, MO 107,656107.7k $2.5m $2.5m 0.26% Reduced -7.3k -7,320
58 KEYBANK NATIONAL ASSOCIATION/OH 0.01% of their portfolio BROOKLYN, OH 105,162105.2k $2.4m $2.4m 0.01% Reduced -835 -835
59 AssuredPartners Investment Advisors, LLC 0.45% of their portfolio Tampa, FL 100,356100.4k $2.3m $2.3m 0.45% Added +3.1k +3,051
60 Advisory Services Network, LLC 0.04% of their portfolio ATLANTA, GA 98,52998.5k $2.3m $2.3m 0.04% Reduced -5.2k -5,174
61 PRINCIPAL SECURITIES, INC. 0.05% of their portfolio DES MOINES, IA 87,87987.9k $2.1m $2.1m 0.05% Unchanged
62 Econ Financial Services Corp 1.07% of their portfolio HARRISBURG, PA 87,41587.4k $2.0m $2.0m 1.07% Added +32.7k +32,714
63 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 86,17786.2k $2.0m $2.0m 0.00% Reduced -6.2k -6,196
64 Rochester Wealth Strategies, LLC 1.56% of their portfolio ROCHESTER, MI 85,46685.5k $2.0m $2.0m 1.56% First filing
65 TD PRIVATE CLIENT WEALTH LLC 0.05% of their portfolio NEW YORK, NY 79,80279.8k $1.8m $1.8m 0.05% Added +844 +844
66 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 79,29479.3k $1.8m $1.8m 0.01% Added +16.1k +16,132
67 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 76,12176.1k $1.7m $1.7m 0.00% Added +8.8k +8,782
68 Belpointe Asset Management LLC 0.09% of their portfolio RENO, NV 74,96375.0k $1.7m $1.7m 0.09% New
69 Fortis Capital Advisors, LLC 0.35% of their portfolio PRAIRIE VILLAGE, KS 74,96375.0k $1.7m $1.7m 0.35% New
70 Spire Wealth Management 0.05% of their portfolio MCLEAN, VA 72,90472.9k $1.7m $1.7m 0.05% Added +2.3k +2,291
71 Collaborative Wealth Managment Inc. 0.78% of their portfolio LAKE MARY, FL 72,79472.8k $1.7m $1.7m 0.78% Added +13.7k +13,742
72 SSA SWISS ADVISORS AG 0.82% of their portfolio ZURICH, V8 69,58169.6k $1.6m $1.6m 0.82% First filing
73 UMB Bank, n.a. 0.03% of their portfolio Kansas City, MO 68,19968.2k $1.6m $1.6m 0.03% Reduced -17.1k -17,086
74 Waverly Advisors, LLC 0.02% of their portfolio BIRMINGHAM, AL 67,25967.3k $1.5m $1.5m 0.02% Added +1.1k +1,096
75 Leeward Financial Partners, LLC 0.56% of their portfolio Bellevue, WA 64,54164.5k $1.5m $1.5m 0.56% Added +2.8k +2,819
76 Northeast Financial Group, Inc. 0.53% of their portfolio Allentown, PA 62,00062.0k $1.4m $1.4m 0.53% Added +10.7k +10,677
77 Lebenthal Global Advisors, LLC 0.24% of their portfolio Hauppauge, NY 55,10655.1k $1.3m $1.3m 0.24% Reduced -36.8k -36,834
78 Francis Financial, Inc. 0.30% of their portfolio NEW YORK, NY 53,71853.7k $1.2m $1.2m 0.30% Added +18.3k +18,310
79 Fiduciary Trust Co 0.02% of their portfolio Boston, MA 50,00050.0k $1.2m $1.2m 0.02% Unchanged
80 FLYNN ZITO CAPITAL MANAGEMENT, LLC 0.52% of their portfolio GARDEN CITY, NY 48,82448.8k $1.1m $1.1m 0.52% Reduced -5.8k -5,843
81 Concurrent Investment Advisors, LLC 0.03% of their portfolio Tampa, FL 48,71148.7k $1.1m $1.1m 0.03% Added +4.2k +4,171
82 Main Street Financial Solutions, LLC 0.10% of their portfolio NEWTOWN, PA 48,29348.3k $1.1m $1.1m 0.10% Added +11.9k +11,911
83 Per Stirling Capital Management, LLC. 0.16% of their portfolio AUSTIN, TX 47,70747.7k $1.1m $1.1m 0.16% Added +5.9k +5,886
84 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 46,05346.1k $1.1m $1.1m 0.00% Reduced -506.9k -506,936
85 Ausdal Financial Partners, Inc. 0.08% of their portfolio Davenport, IA 46,02746.0k $1.1m $1.1m 0.08% Added +7.6k +7,601
86 CHOREO, LLC 0.02% of their portfolio ROCKFORD, IL 44,20744.2k $1.0m $1.0m 0.02% Added +2.4k +2,398
87 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 42,78242.8k $985.7k $985.7k 0.01% Reduced -764 -764
88 ProVise Management Group, LLC 0.08% of their portfolio CLEARWATER, FL 42,25742.3k $973.6k $973.6k 0.08% Added +172 +172
89 KING LUTHER CAPITAL MANAGEMENT CORP 0.00% of their portfolio FORT WORTH, TX 40,88040.9k $941.9k $941.9k 0.00% Unchanged
90 FOCUS Wealth Advisors, LLC 0.51% of their portfolio HOUSTON, TX 40,14940.1k $925.0k $925.0k 0.51% Added +4.0k +4,007
91 Mariner, LLC 0.00% of their portfolio Overland Park, KS 37,64837.6k $867.4k $867.4k 0.00% Reduced -3.1k -3,076
92 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 37,21437.2k $857.4k $857.4k 0.00% Reduced -32.5k -32,503
93 MMA ASSET MANAGEMENT LLC 0.36% of their portfolio New York, NY 36,90836.9k $850.4k $850.4k 0.36% Unchanged
94 PFW Advisors LLC 0.26% of their portfolio ATLANTA, GA 36,34436.3k $837.4k $837.4k 0.26% Unchanged
95 Bernardo Wealth Planning LLC 0.19% of their portfolio HARLEYSVILLE, PA 35,34135.3k $814.0k $814.0k 0.19% Reduced -787 -787
96 Running Point Capital Advisors, LLC 0.26% of their portfolio EL SEGUNDO, CA 35,26235.3k $812.4k $812.4k 0.26% Added +3.9k +3,947
97 Gladstone Institutional Advisory LLC 0.04% of their portfolio Bedminster, NJ 34,74934.7k $800.6k $800.6k 0.04% Reduced -16.9k -16,856
98 Ackerman Capital Advisors, LLC 0.21% of their portfolio DALLAS, TX 34,71934.7k $799.9k $799.9k 0.21% Reduced -9.0k -9,033
99 Revisor Wealth Management LLC 0.31% of their portfolio AKRON, OH 30,29230.3k $697.9k $697.9k 0.31% New
100 Tyche Wealth Partners LLC 0.15% of their portfolio PLANO, TX 30,00130.0k $691.2k $691.2k 0.15% Reduced -990 -990