INVESCO EXCH TRADED FD TR II KBWD
KBW HIG DV YLD · ETP · CUSIP 46138E610
60
institutional holders
-5 vs Q1 2026
7.7m
shares reported held*
$95.2mreported value*
8 new
25 added
19 reduced
13 sold out
net bought ≈ $7.8m (+628.6k 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. Holder counts are more reliable. Implied quarter-end price ≈ $12.42. Options: 2 managers hold calls ($853.3k notional), 0 hold puts (—).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 72 |
| Q4 2022 | 74 |
| Q1 2023 | 71 |
| Q2 2023 | 72 |
| Q3 2023 | 73 |
| Q4 2023 | 73 |
| Q1 2024 | 67 |
| Q2 2024 | 73 |
| Q3 2024 | 75 |
| Q4 2024 | 81 |
| Q1 2025 | 74 |
| Q2 2025 | 80 |
| Q3 2025 | 76 |
| Q4 2025 | 66 |
| Q1 2026 | 65 |
| Q2 2026 | 60 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 30 | 31 |
| Q4 2024 | 40 | 32 |
| Q1 2025 | 38 | 36 |
| Q2 2025 | 39 | 29 |
| Q3 2025 | 38 | 34 |
| Q4 2025 | 30 | 37 |
| Q1 2026 | 34 | 25 |
| Q2 2026 | 33 | 32 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $258.4k | $0 | 0.00 |
| Q4 2025 | $274.7k | $0 | 0.00 |
| Q1 2026 | $880.3k | $135.4k | 0.15 |
| Q2 2026 | $853.3k | $0 | 0.00 |
Biggest buyers
| BNP PARIBAS FINANCIAL MARKETS | Added | +318.6k |
| WELLS FARGO & COMPANY/MN | Added | +151.8k |
| LPL Financial LLC | Added | +110.5k |
| Cambridge Investment Research Advisors, Inc. | Added | +104.5k |
| BANK OF AMERICA CORP /DE/ | Added | +80.9k |
| Jefferies Financial Group Inc. | New | +45.3k |
| D. E. Shaw & Co., Inc. | New | +38.5k |
| Simplicity Wealth,LLC | New | +27.8k |
| RAYMOND JAMES FINANCIAL INC | Added | +27.0k |
| WINNACLE WEALTH LLC | Added | +18.8k |
Biggest sellers
| MORGAN STANLEY | Reduced | -104.3k |
| UBS Group AG | Reduced | -67.7k |
| Mission Hills Financial Advisory, LLC | Reduced | -31.8k |
| Waterloo Capital, L.P. | Sold out | -27.7k |
| KINGSWOOD WEALTH ADVISORS, LLC | Reduced | -25.3k |
| Equitable Holdings, Inc. | Reduced | -24.6k |
| CITADEL ADVISORS LLC | Sold out | -22.6k |
| Tower Research Capital LLC (TRC) | Reduced | -15.8k |
| CHOREO, LLC | Reduced | -14.3k |
| TWO SIGMA SECURITIES, LLC | Sold out | -12.6k |
Biggest calls
| JANE STREET GROUP, LLC | New | $561.4k45.2k shares |
| CITADEL ADVISORS LLC | Reduced | $291.9k23.5k shares |
Biggest puts
| None |
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 2026
| Manager | Shares | Change |
|---|---|---|
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1.5m $18.6m | Added +151.8k |
| LPL Financial LLC 0.00% of their portfolio | 908.9k $11.3m | Added +110.5k |
| MORGAN STANLEY 0.00% of their portfolio | 858.0k $10.7m | Reduced -104.3k |
| Mission Hills Financial Advisory, LLC 4.49% of their portfolio | 823.1k $10.2m | Reduced -31.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 807.3k $10.0m | Added +80.9k |
| Gradient Investments LLC 0.11% of their portfolio | 642.2k $8.0m | Added +17.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 338.6k $4.2m | Added +318.6k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 230.9k $2.9m | Added +104.5k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 214.5k $2.7m | Added +27.0k |
| Thrive Capital Management, LLC 0.30% of their portfolio | 128.5k $1.6m | Added +6.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 121.9k $1.5m | Added +9.1k |
| KINGSWOOD WEALTH ADVISORS, LLC 0.04% of their portfolio | 80.5k $999.5k | Reduced -25.3k |
| Cetera Investment Advisers 0.00% of their portfolio | 71.4k $886.9k | Added +13.8k |
| Harvest Investment Services, LLC 0.13% of their portfolio | 69.2k $859.2k | Added +701 |
| Equitable Holdings, Inc. 0.01% of their portfolio | 68.8k $855.1k | Reduced -24.6k |
| MML INVESTORS SERVICES, LLC 0.00% of their portfolio | 62.4k $775.6k | Added +7.1k |
| Endowment Wealth Management, Inc. 0.25% of their portfolio | 52.5k $651.7k | Reduced -5.5k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 51.4k $638.4k | Reduced -1.7k |
| WINNACLE WEALTH LLC 0.43% of their portfolio | 51.3k $637.3k | Added +18.8k |
| Kovack Advisors, Inc. 0.03% of their portfolio | 48.1k $600.2k | Reduced -1.5k |
| Jefferies Financial Group Inc. 0.01% of their portfolio | 45.3k $563.2k | New |
| IFP Advisors, Inc 0.01% of their portfolio | 41.7k $517.9k | Added +549 |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 38.5k $478.4k | New |
| CreativeOne Wealth, LLC 0.01% of their portfolio | 35.6k $442.7k | Added +5.0k |
| Regal Investment Advisors LLC 0.02% of their portfolio | 31.9k $396.3k | Added +3.9k |
| INDEPENDENT FINANCIAL GROUP, LLC 0.01% of their portfolio | 30.6k $380.6k | Reduced -1.1k |
| Simplicity Wealth,LLC 0.01% of their portfolio | 27.8k $344.8k | New |
| B. Riley Wealth Advisors, Inc. 0.02% of their portfolio | 26.9k $333.0k | Added +2.3k |
| UBS Group AG 0.00% of their portfolio | 26.7k $331.1k | Reduced -67.7k |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 19.3k $239.8k | Added +94 |
| NewEdge Advisors, LLC 0.00% of their portfolio | 17.5k $217.2k | Added +16.9k |
| Brookstone Capital Management 0.00% of their portfolio | 17.4k $216.2k | Reduced -2.3k |
| Cullen/Frost Bankers, Inc. 0.00% of their portfolio | 17.2k $213.4k | Reduced -9.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 16.2k $201.0k | Added +11.7k |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 14.0k $174.4k | Reduced -10.8k |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 13.9k $172.6k | Reduced -15.8k |
| Oakmont Advisory Group, LLC 0.14% of their portfolio | 13.5k $167.5k | Added +809 |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 12.8k $159.0k | Reduced -1.3k |
| Stratos Wealth Partners, LTD. 0.00% of their portfolio | 12.2k $152.0k | Added +167 |
| Koshinski Asset Management, Inc. 0.01% of their portfolio | 11.7k $144.8k | Reduced -163 |
| CHOREO, LLC 0.00% of their portfolio | 10.1k $125.9k | Reduced -14.3k |
| Ashton Thomas Private Wealth, LLC 0.00% of their portfolio | 9.3k $116.0k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 9.0k $111.9k | Unchanged |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 8.7k $108.0k | Reduced -909 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 8.4k $103.3k | Added +6.9k |
| Founders Financial Alliance, LLC 0.01% of their portfolio | 6.0k $74.2k | Unchanged |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 5.2k $64.4k | Added +4.3k |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 2.5k $31.1k | Unchanged |
| ALBION FINANCIAL GROUP /UT 0.00% of their portfolio | 2.3k $28.9k | New |
| IMG Wealth Management, Inc. 0.01% of their portfolio | 1.2k $15.5k | Reduced -414 |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 1.2k $14.2k | Added +174 |
| SIGNATUREFD, LLC 0.00% of their portfolio | 1.0k $12.4k | New |
| Triumph Capital Management 0.00% of their portfolio | 924 $11.5k | Reduced -1.7k |
| Global Retirement Partners, LLC 0.00% of their portfolio | 828 $10.3k | First filing |
| FMR LLC 0.00% of their portfolio | 733 $9.1k | New |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 590 $7.3k | Unchanged |
| HIGHLINE WEALTH PARTNERS LLC 0.00% of their portfolio | 221 $2.7k | New |
| Geneos Wealth Management Inc. 0.00% of their portfolio | 138 $1.7k | Unchanged |
| Key Capital Management, INC 0.00% of their portfolio | 100 $1.2k | New |
| DHJJ Financial Advisors, Ltd. 0.00% of their portfolio | 23 $286 | Unchanged |