Vault-13

INVESCO EXCH TRADED FD TR II IFLN

FNDMNTL HY CRP · ETP · CUSIP 46138E719

115 institutional holders -4 vs Q1 2025
11,154,10311.2m shares reported held*
$206.0mreported value*
9 new 37 added 39 reduced 14 sold out net bought ≈ $2.2m (+119.1k 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 ≈ $18.47. Options: 1 managers hold calls ($302.7k notional), 1 hold puts ($350.7k).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 117Q4 22: 138Q1 23: 133Q2 23: 121Q3 23: 124Q4 23: 122Q1 24: 127Q2 24: 126Q3 24: 118Q4 24: 118Q1 25: 119Q2 25: 115115Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022117
Q4 2022138
Q1 2023133
Q2 2023121
Q3 2023124
Q4 2023122
Q1 2024127
Q2 2024126
Q3 2024118
Q4 2024118
Q1 2025119
Q2 2025115

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 50 bought or addedQ3 23: 56 cut or sold outQ4 23: 46 bought or addedQ4 23: 55 cut or sold outQ4 23Q1 24: 56 bought or addedQ1 24: 52 cut or sold outQ2 24: 56 bought or addedQ2 24: 57 cut or sold outQ2 24Q3 24: 58 bought or addedQ3 24: 48 cut or sold outQ4 24: 51 bought or addedQ4 24: 50 cut or sold outQ4 24Q1 25: 43 bought or addedQ1 25: 63 cut or sold outQ2 25: 46 bought or addedQ2 25: 53 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20235056
Q4 20234655
Q1 20245652
Q2 20245657
Q3 20245848
Q4 20245150
Q1 20254363
Q2 20254653

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $1.3mQ4 24 puts: $2.4mQ4 24P/C 1.82Q1 25 calls: $1.0mQ1 25 puts: $2.1mQ1 25P/C 2.02Q2 25 calls: $302.7kQ2 25 puts: $350.7kQ2 25P/C 1.16
Numbers
QuarterCallsPutsP/C
Q3 2024$0$0—
Q4 2024$1.3m$2.4m1.82
Q1 2025$1.0m$2.1m2.02
Q2 2025$302.7k$350.7k1.16

Biggest buyers

EVERGREEN CAPITAL MANAGEMENT LLC Added +415,343+415.3k
Asset Allocation Strategies LLC New +126,060+126.1k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +82,872+82.9k
LPL Financial LLC Added +79,637+79.6k
WELLS FARGO & COMPANY/MN Added +49,428+49.4k
ROYAL BANK OF CANADA Added +42,040+42.0k
JANE STREET GROUP, LLC Added +42,028+42.0k
NWAM LLC New +41,807+41.8k
Bank of New York Mellon Corp Added +26,107+26.1k
Cetera Investment Advisers Added +24,591+24.6k

Biggest sellers

Darwin Wealth Management, LLC Reduced -213,114-213.1k
Advisors Preferred, LLC Reduced -173,614-173.6k
AMERIPRISE FINANCIAL INC Reduced -97,676-97.7k
STIFEL FINANCIAL CORP Reduced -54,008-54.0k
CITADEL ADVISORS LLC Reduced -52,454-52.5k
GOLDMAN SACHS GROUP INC Reduced -43,643-43.6k
Vontobel Holding Ltd. Reduced -42,385-42.4k
GWN SECURITIES INC. Sold out -41,952-42.0k
ISLAY CAPITAL MANAGEMENT, LLC Reduced -21,289-21.3k
JPMORGAN CHASE & CO Reduced -20,517-20.5k

Biggest calls

CITADEL ADVISORS LLC Reduced $302.7k16.4k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $350.7k19.0k 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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Invesco Ltd. 13G · institution +18.6 pts · filed 2026-06-05 20.6% +18.6 pts 3.6m≈ $66.0m 2026-06-05

Fell to 5% or below in the last year: Bank of New York Mellon Corp (3.8%, 2026-04-28)

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,442,3761.4m $26.6m $26.6m 0.01% Added +49.4k +49,428
2 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 1,392,5181.4m $25.7m $25.7m 0.00% Added +26.1k +26,107
3 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 924,756924.8k $17.1m $17.1m 0.01% Added +79.6k +79,637
4 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 787,197787.2k $14.5m $14.5m 0.00% Reduced -413 -413
5 EVERGREEN CAPITAL MANAGEMENT LLC 0.35% of their portfolio Bellevue, WA 636,134636.1k $11.7m $11.7m 0.35% Added +415.3k +415,343
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 386,025386.0k $7.1m $7.1m 0.00% Reduced -3.1k -3,066
7 MBL Wealth, LLC 0.62% of their portfolio CHARLOTTE, NC 351,639351.6k $6.5m $6.5m 0.62% Added +41 +41
8 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 318,474318.5k $5.9m $5.9m 0.00% Reduced -7.2k -7,211
9 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 313,625313.6k $5.8m $5.8m 0.00% Reduced -14.2k -14,217
10 Revolve Wealth Partners, LLC 0.74% of their portfolio Hackensack, NJ 305,488305.5k $5.6m $5.6m 0.74% Reduced -8.1k -8,079
11 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 281,782281.8k $5.2m $5.2m 0.01% Reduced -2.0k -1,954
12 Alliance Wealth Management Group 1.08% of their portfolio FLEMINGTON, NJ 229,772229.8k $4.2m $4.2m 1.08% Reduced -2.1k -2,083
13 Towercrest Capital Management 0.76% of their portfolio NEWTOWN, PA 229,772229.8k $4.2m $4.2m 0.76% Reduced -2.1k -2,083
14 Colorado Capital Management, Inc. 1.63% of their portfolio BOULDER, CO 206,273206.3k $3.8m $3.8m 1.63% Added +3.9k +3,929
15 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 194,649194.6k $3.6m $3.6m 0.01% Added +24.6k +24,591
16 Advisors Preferred, LLC 0.54% of their portfolio ROCKVILLE, MD 178,624178.6k $3.3m $3.3m 0.54% Reduced -173.6k -173,614
17 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 171,836171.8k $3.2m $3.2m 0.01% Added +42.0k +42,028
18 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 168,623168.6k $3.1m $3.1m 0.00% Reduced -97.7k -97,676
19 Vontobel Holding Ltd. 0.01% of their portfolio ZURICH, V8 166,482166.5k $3.1m $3.1m 0.01% Reduced -42.4k -42,385
20 ISLAY CAPITAL MANAGEMENT, LLC 1.97% of their portfolio Lubbock, TX 165,165165.2k $3.0m $3.0m 1.97% Reduced -21.3k -21,289
21 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 160,262160.3k $3.0m $3.0m 0.00% Added +82.9k +82,872
22 Global Retirement Partners, LLC 0.07% of their portfolio San Rafael, CA 143,643143.6k $2.7m $2.7m 0.07% First filing
23 Asset Allocation Strategies LLC 0.51% of their portfolio FARMINGTON, MI 126,060126.1k $2.3m $2.3m 0.51% New
24 BENJAMIN EDWARDS INC 0.03% of their portfolio Clayton, MO 116,643116.6k $2.2m $2.2m 0.03% Added +6.3k +6,253
25 Omega Financial Group, LLC 0.73% of their portfolio Santa Barbara, CA 109,344109.3k $2.0m $2.0m 0.73% Reduced -4.7k -4,663
26 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 96,82496.8k $1.8m $1.8m 0.00% Added +42.0k +42,040
27 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 86,10986.1k $1.6m $1.6m 0.00% Added +3.3k +3,338
28 Lido Advisors, LLC 0.01% of their portfolio Los Angeles, CA 77,30377.3k $1.4m $1.4m 0.01% Added +20.0k +20,016
29 Prairiewood Capital, LLC 0.48% of their portfolio FARGO, ND 70,01970.0k $1.3m $1.3m 0.48% Added +8.7k +8,712
30 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 63,41863.4k $1.2m $1.2m 0.00% Added +5.3k +5,261
31 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 61,65461.7k $1.1m $1.1m 0.00% Reduced -4.0k -4,046
32 WealthShield Partners, LLC 0.13% of their portfolio CARY, NC 57,17757.2k $1.1m $1.1m 0.13% Added +3.5k +3,450
33 McAdam, LLC 0.06% of their portfolio Philadelphia, PA 56,51856.5k $1.0m $1.0m 0.06% Reduced -2.1k -2,074
34 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 53,86053.9k $994.3k $994.3k 0.00% Added +16.4k +16,375
35 Seros Financial, LLC 0.61% of their portfolio TEMPE, AZ 52,53252.5k $969.7k $969.7k 0.61% Added +866 +866
36 MOLLER WEALTH PARTNERS 0.21% of their portfolio NORTHFIELD, IL 51,88151.9k $957.7k $957.7k 0.21% Added +19 +19
37 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 51,61851.6k $952.9k $952.9k 0.00% Reduced -43.6k -43,643
38 Prime Capital Investment Advisors, LLC 0.01% of their portfolio OVERLAND PARK, KS 46,37246.4k $856.0k $856.0k 0.01% Added +12 +12
39 Great Waters Wealth Management 0.11% of their portfolio SHOREVIEW, MN 45,74745.7k $844.5k $844.5k 0.11% Reduced -741 -741
40 UBS Group AG 0.00% of their portfolio ZURICH, V8 43,65543.7k $805.9k $805.9k 0.00% Reduced -17.6k -17,635
41 NWAM LLC 0.04% of their portfolio MERCER ISLAND, WA 41,80741.8k $771.0k $771.0k 0.04% New
42 Wagner Wealth Management, LLC 0.17% of their portfolio GREENVILLE, SC 40,38440.4k $745.5k $745.5k 0.17% Reduced -1.9k -1,923
43 VALLEY WEALTH MANAGERS, INC. 0.05% of their portfolio PARAMUS, NJ 38,29238.3k $706.9k $706.9k 0.05% Reduced -2.0k -1,967
44 Csenge Advisory Group 0.03% of their portfolio CLEARWATER, FL 35,97636.0k $654.8k $654.8k 0.03% Added +2.3k +2,324
45 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 35,08935.1k $648.0k $648.0k 0.00% Reduced -3.6k -3,597
46 Wealthspire Advisors, LLC 0.00% of their portfolio NEW YORK, NY 33,17433.2k $612.4k $612.4k 0.00% Reduced -2.3k -2,324
47 Dynamic Advisor Solutions LLC 0.02% of their portfolio PHOENIX, AZ 26,74126.7k $493.6k $493.6k 0.02% Added +203 +203
48 SYNOVUS FINANCIAL CORP 0.01% of their portfolio Columbus, GA 23,81123.8k $439.6k $439.6k 0.01% Added +392 +392
49 TD PRIVATE CLIENT WEALTH LLC 0.01% of their portfolio NEW YORK, NY 23,16023.2k $427.5k $427.5k 0.01% Reduced -7.4k -7,406
50 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 23,13323.1k $427.0k $427.0k 0.00% Reduced -52.5k -52,454
51 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 22,94322.9k $424.0k $424.0k 0.00% Added +395 +395
52 Freedom Investment Management, Inc. 0.03% of their portfolio SOUTH WINDSOR, CT 21,89421.9k $404.2k $404.2k 0.03% Added +94 +94
53 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 21,30021.3k $393.2k $393.2k 0.00% Unchanged
54 Clearstead Trust, LLC 0.07% of their portfolio PORTLAND, ME 20,50020.5k $378.4k $378.4k 0.07% Unchanged
55 Ausdal Financial Partners, Inc. 0.02% of their portfolio Davenport, IA 20,21720.2k $373.2k $373.2k 0.02% Added +276 +276
56 PRUDENT INVESTORS NETWORK, INC. 0.09% of their portfolio LAKE FOREST, CA 18,52318.5k $341.9k $341.9k 0.09% Reduced -2.5k -2,479
57 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 17,62017.6k $325.3k $325.3k 0.00% Added +916 +916
58 OLD MISSION CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 15,91015.9k $293.7k $293.7k 0.01% New
59 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 15,87615.9k $293.1k $293.1k 0.00% Reduced -54.0k -54,008
60 First International Bank & Trust 0.10% of their portfolio WATFORD CITY, ND 15,76115.8k $290.9k $290.9k 0.10% Reduced -5.6k -5,623
61 Patriot Financial Group Insurance Agency, LLC 0.03% of their portfolio Westborough, MA 15,42715.4k $284.8k $284.8k 0.03% Unchanged
62 FIRST NATIONAL CORP /MA/ /ADV 0.06% of their portfolio ROCKLAND, MA 14,94514.9k $275.9k $275.9k 0.06% Unchanged
63 COMERICA BANK 0.00% of their portfolio DALLAS, TX 14,83114.8k $273.8k $273.8k 0.00% Unchanged
64 Consolidated Portfolio Review Corp 0.04% of their portfolio WOODBURY, NY 13,86613.9k $256.0k $256.0k 0.04% Unchanged
65 Kingsview Wealth Management, LLC 0.00% of their portfolio GRANTS PASS, OR 13,43613.4k $248.0k $248.0k 0.00% Reduced -87 -87
66 Sowell Financial Services LLC 0.01% of their portfolio NORTH LITTLE ROCK, AR 13,12313.1k $242.2k $242.2k 0.01% Unchanged
67 Capital Planning LLC 0.07% of their portfolio BELLEVUE, WA 12,59512.6k $232.5k $232.5k 0.07% New
68 Code Waechter LLC 0.16% of their portfolio TAMPA, FL 11,99312.0k $221.4k $221.4k 0.16% Reduced -9.0k -8,982
69 TCFG WEALTH MANAGEMENT, LLC 0.10% of their portfolio LAGUNA NIGUEL, CA 11,89211.9k $219.5k $219.5k 0.10% New
70 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 11,56111.6k $212.8k $212.8k 0.00% Reduced -595 -595
71 Banque Cantonale Vaudoise 0.01% of their portfolio LAUSANNE, V8 10,83810.8k $200.0k $200.0k 0.01% Unchanged
72 Friedenthal Financial 0.10% of their portfolio MARLTON, NJ 10,11810.1k $186.8k $186.8k 0.10% Reduced -103 -103
73 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 7,8007.8k $143.0k $143.0k 0.00% Unchanged
74 Ameritas Advisory Services, LLC 0.01% of their portfolio Lincoln, NE 6,9977.0k $129.2k $129.2k 0.01% New
75 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 6,9837.0k $128.9k $128.9k 0.00% Reduced -20.5k -20,517
76 FAS Wealth Partners, Inc. 0.01% of their portfolio LEAWOOD, KS 4,5574.6k $84.1k $84.1k 0.01% Added +59 +59
77 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 4,1174.1k $76.0k $76.0k 0.00% Unchanged
78 SOA Wealth Advisors, LLC. 0.01% of their portfolio NEW YORK, NY 3,6253.6k $66.9k $66.9k 0.01% Added +26 +26
79 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 3,5083.5k $64.0k $64.0k 0.00% New
80 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 3,3203.3k $61.3k $61.3k 0.00% Reduced -4.9k -4,920
81 Rialto Wealth Management, LLC 0.02% of their portfolio SYRACUSE, NY 3,3053.3k $61.0k $61.0k 0.02% Unchanged
82 DHJJ Financial Advisors, Ltd. 0.02% of their portfolio NAPERVILLE, IL 3,1853.2k $58.8k $58.8k 0.02% Added +7 +7
83 CWM, LLC 0.00% of their portfolio OMAHA, NE 3,0003.0k $55.0k $55.0k 0.00% Reduced -135 -135
84 Anfield Capital Management, LLC 0.01% of their portfolio IRVINE, CA 2,4062.4k $44.4k $44.4k 0.01% Unchanged
85 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 2,1852.2k $40.3k $40.3k 0.00% Reduced -2.8k -2,800
86 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 1,6741.7k $30.9k $30.9k 0.00% Unchanged
87 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 1,6501.6k $30.5k $30.5k 0.00% Unchanged
88 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 1,5921.6k $29.4k $29.4k 0.00% Added +637 +637
89 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 1,5741.6k $29.1k $29.1k 0.00% Unchanged
90 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 1,1091.1k $20.0k $20.0k 0.00% Unchanged
91 Golden State Wealth Management, LLC 0.00% of their portfolio SANTA ANA, CA 1,0491.0k $19.4k $19.4k 0.00% Added +14 +14
92 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 1,0011.0k $18.5k $18.5k 0.00% Reduced -2.8k -2,803
93 Millstone Evans Group, LLC 0.01% of their portfolio BOULDER, CO 923923 $17.0k $17.0k 0.01% Unchanged
94 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 832832 $15.4k $15.4k 0.00% Added +11 +11
95 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 750750 $13.8k $13.8k 0.00% Unchanged
96 Darwin Wealth Management, LLC 0.00% of their portfolio TAMPA, FL 744744 $13.8k $13.8k 0.00% Reduced -213.1k -213,114
97 Richard W. Paul & Associates, LLC 0.00% of their portfolio NOVI, MI 712712 $13.1k $13.1k 0.00% Unchanged
98 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 594594 $11.0k $11.0k 0.00% Added +8 +8
99 FMR LLC 0.00% of their portfolio BOSTON, MA 578578 $10.7k $10.7k 0.00% Added +279 +279
100 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 563563 $10.4k $10.4k 0.00% Reduced -14 -14