Vault-13

INVESCO EXCH TRADED FD TR II PXH

FTSE RAFI EMNG · ETP · CUSIP 46138E727

186 institutional holders +1 vs Q1 2025
52,592,70552.6m shares reported held*
$1.2bnreported value*
24 new 75 added 45 reduced 22 sold out net bought ≈ $130.8m (+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. Holder counts are more reliable. Implied quarter-end price ≈ $23.39.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 142Q4 22: 146Q1 23: 146Q2 23: 151Q3 23: 150Q4 23: 158Q1 24: 160Q2 24: 158Q3 24: 155Q4 24: 173Q1 25: 185Q2 25: 186186Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022142
Q4 2022146
Q1 2023146
Q2 2023151
Q3 2023150
Q4 2023158
Q1 2024160
Q2 2024158
Q3 2024155
Q4 2024173
Q1 2025185
Q2 2025186

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 64 bought or addedQ3 23: 70 cut or sold outQ4 23: 62 bought or addedQ4 23: 66 cut or sold outQ4 23Q1 24: 84 bought or addedQ1 24: 66 cut or sold outQ2 24: 66 bought or addedQ2 24: 73 cut or sold outQ2 24Q3 24: 70 bought or addedQ3 24: 61 cut or sold outQ4 24: 83 bought or addedQ4 24: 50 cut or sold outQ4 24Q1 25: 92 bought or addedQ1 25: 64 cut or sold outQ2 25: 99 bought or addedQ2 25: 67 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20236470
Q4 20236266
Q1 20248466
Q2 20246673
Q3 20247061
Q4 20248350
Q1 20259264
Q2 20259967

Calls vs puts

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

CallsPuts
$0$20$40$60Q3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $0Q1 25 puts: $44Q1 25P/C —Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —
Numbers
QuarterCallsPutsP/C
Q3 2024$0$0—
Q4 2024$0$0—
Q1 2025$0$44—
Q2 2025$0$0—

Biggest buyers

Itau Unibanco Holding S.A. New +2,925,998+2.9m
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +2,215,819+2.2m
OLD MISSION CAPITAL LLC Added +446,920+446.9k
MARSHALL WACE, LLP Added +206,825+206.8k
AMERIPRISE FINANCIAL INC Added +176,779+176.8k
Daiwa Securities Group Inc. Added +170,000+170.0k
WELLS FARGO & COMPANY/MN Added +163,562+163.6k
UBS Group AG Added +148,573+148.6k
Virtus Family Office LLC New +140,030+140.0k
Invesco Ltd. Added +136,451+136.5k

Biggest sellers

VICTORY CAPITAL MANAGEMENT INC Reduced -779,629-779.6k
FMR LLC Reduced -281,097-281.1k
CIBC Private Wealth Group LLC Reduced -164,160-164.2k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -156,315-156.3k
JANE STREET GROUP, LLC Reduced -142,413-142.4k
BANK OF AMERICA CORP /DE/ Reduced -90,356-90.4k
Focus Partners Wealth Sold out -83,326-83.3k
TOWNSQUARE CAPITAL LLC Sold out -58,473-58.5k
CITADEL ADVISORS LLC Sold out -32,176-32.2k
KWB Wealth Reduced -22,355-22.4k

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
FMR LLC 13G · institution new · filed 2025-02-12 5.5% new 3.2m≈ $88.9m 2025-02-12

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.10% of their portfolio SAN FRANCISCO, CA 25,095,53025.1m $587.0m $587.0m 0.10% Added +2.2m +2,215,819
2 Itau Unibanco Holding S.A. 2.60% of their portfolio SAO PAULO, D5 2,925,9982.9m $68.4m $68.4m 2.60% New
3 FMR LLC 0.00% of their portfolio BOSTON, MA 2,895,0142.9m $67.7m $67.7m 0.00% Reduced -281.1k -281,097
4 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 2,350,0462.4m $55.0m $55.0m 0.01% Added +176.8k +176,779
5 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,987,1722.0m $46.5m $46.5m 0.00% Reduced -90.4k -90,356
6 VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio San Antonio, TX 1,773,5081.8m $41.5m $41.5m 0.03% Reduced -779.6k -779,629
7 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 1,358,4021.4m $31.8m $31.8m 0.01% Added +136.5k +136,451
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,044,0581.0m $24.4m $24.4m 0.00% Added +23.4k +23,423
9 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 1,025,1471.0m $24.0m $24.0m 0.01% Added +17.5k +17,457
10 Daiwa Securities Group Inc. 0.08% of their portfolio CHIYODA-KU,TOKYO, M0 935,500935.5k $21.9m $21.9m 0.08% Added +170.0k +170,000
11 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 841,638841.6k $19.7m $19.7m 0.00% Reduced -20.8k -20,819
12 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 743,516743.5k $17.4m $17.4m 0.03% Added +12.6k +12,578
13 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 709,567709.6k $16.6m $16.6m 0.00% Added +163.6k +163,562
14 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 571,395571.4k $13.4m $13.4m 0.02% Reduced -5.0k -4,970
15 CIDEL ASSET MANAGEMENT INC 0.77% of their portfolio TORONTO, A6 550,560550.6k $12.9m $12.9m 0.77% Added +32.0k +32,039
16 UBS Group AG 0.00% of their portfolio ZURICH, V8 522,188522.2k $12.2m $12.2m 0.00% Added +148.6k +148,573
17 OLD MISSION CAPITAL LLC 0.32% of their portfolio CHICAGO, IL 507,868507.9k $11.9m $11.9m 0.32% Added +446.9k +446,920
18 STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio MADISON, WI 460,425460.4k $10.8m $10.8m 0.03% Unchanged
19 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 457,575457.6k $10.7m $10.7m 0.02% Added +59.8k +59,825
20 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 424,780424.8k $9.9m $9.9m 0.00% Added +39.7k +39,699
21 Johnson & White Wealth Management, LLC 3.18% of their portfolio YORK, PA 269,519269.5k $6.3m $6.3m 3.18% Reduced -121 -121
22 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 257,387257.4k $6.0m $6.0m 0.00% Added +16.3k +16,288
23 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 225,495225.5k $5.3m $5.3m 0.01% Added +206.8k +206,825
24 Atlas Legacy Advisors, LLC 1.09% of their portfolio LOS ANGELES, CA 212,495212.5k $5.0m $5.0m 1.09% Added +70.3k +70,281
25 Aries Wealth Management 1.25% of their portfolio PORTLAND, ME 204,934204.9k $4.8m $4.8m 1.25% Reduced -3.7k -3,730
26 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 199,913199.9k $4.7m $4.7m 0.01% Added +4.7k +4,712
27 Orion Porfolio Solutions, LLC 0.04% of their portfolio OMAHA, NE 195,013195.0k $4.6m $4.6m 0.04% Reduced -22.3k -22,270
28 ONE PLUS ONE WEALTH MANAGEMENT, LLC 2.25% of their portfolio JUPITER, FL 176,174176.2k $4.1m $4.1m 2.25% Added +78.7k +78,702
29 ROTHSCHILD INVESTMENT LLC 0.26% of their portfolio CHICAGO, IL 175,159175.2k $4.1m $4.1m 0.26% Added +1.8k +1,760
30 FOSTER & MOTLEY INC 0.21% of their portfolio CINCINNATI, OH 155,611155.6k $3.6m $3.6m 0.21% Reduced -11.0k -11,039
31 Virtus Family Office LLC 4.20% of their portfolio EL PASO, TX 140,030140.0k $3.3m $3.3m 4.20% New
32 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 135,762135.8k $3.2m $3.2m 0.01% Reduced -156.3k -156,315
33 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 125,441125.4k $2.9m $2.9m 0.00% Added +90.6k +90,608
34 Fiduciary Trust Co 0.04% of their portfolio Boston, MA 122,915122.9k $2.9m $2.9m 0.04% Unchanged
35 SigFig Wealth Management, LLC 0.09% of their portfolio SAN FRANCISCO, CA 117,452117.5k $2.7m $2.7m 0.09% Added +18.4k +18,400
36 Kathmere Capital Management, LLC 0.21% of their portfolio WAYNE, PA 116,415116.4k $2.7m $2.7m 0.21% Reduced -1.1k -1,084
37 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 105,259105.3k $2.5m $2.5m 0.00% Reduced -10.1k -10,074
38 LMCG INVESTMENTS, LLC 0.15% of their portfolio BOSTON, MA 103,445103.4k $2.4m $2.4m 0.15% Added +25.2k +25,155
39 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 91,61591.6k $2.1m $2.1m 0.00% Reduced -364 -364
40 Quantum Portfolio Management LLC 1.02% of their portfolio NEW YORK, NY 91,01691.0k $2.1m $2.1m 1.02% Added +51.5k +51,465
41 KWB Wealth 0.23% of their portfolio REDLANDS, CA 88,50988.5k $1.9m $1.9m 0.23% Reduced -22.4k -22,355
42 Sepio Capital, LP 0.15% of their portfolio Salt Lake City, UT 87,21287.2k $2.0m $2.0m 0.15% Added +13 +13
43 Waverly Advisors, LLC 0.02% of their portfolio BIRMINGHAM, AL 82,51282.5k $1.9m $1.9m 0.02% Reduced -10.5k -10,529
44 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 80,75480.8k $1.9m $1.9m 0.01% Reduced -2.9k -2,910
45 Crossmark Global Holdings, Inc. 0.03% of their portfolio HOUSTON, TX 80,35380.4k $1.9m $1.9m 0.03% Reduced -8.2k -8,233
46 Charles Schwab Trust Co 0.14% of their portfolio HENDERSON, NV 78,74278.7k $1.8m $1.8m 0.14% Added +4.5k +4,463
47 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 75,62775.6k $1.8m $1.8m 0.00% Reduced -142.4k -142,413
48 DRIVE WEALTH MANAGEMENT, LLC 0.34% of their portfolio LEHI, UT 66,03666.0k $1.5m $1.5m 0.34% Added +207 +207
49 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 60,54060.5k $1.4m $1.4m 0.01% Added +4.5k +4,484
50 Integrated Advisors Network LLC 0.06% of their portfolio DALLAS, TX 57,96058.0k $1.4m $1.4m 0.06% Added +38.1k +38,057
51 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.07% of their portfolio WEST PALM BEACH, FL 55,60055.6k $1.3m $1.3m 0.07% Unchanged
52 ORG Partners LLC 0.27% of their portfolio ROANOKE, IN 54,01754.0k $1.3m $1.3m 0.27% New
53 Lowe Wealth Advisors, LLC 0.49% of their portfolio COLUMBIA, MD 53,22953.2k $1.2m $1.2m 0.49% Added +200 +200
54 Sequoia Financial Advisors, LLC 0.01% of their portfolio Akron, OH 50,61450.6k $1.2m $1.2m 0.01% Reduced -2.0k -2,041
55 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 50,33550.3k $1.2m $1.2m 0.01% Reduced -140 -140
56 MassMutual Private Wealth & Trust, FSB 0.03% of their portfolio Windsor, CT 47,30647.3k $1.1m $1.1m 0.03% Added +8.7k +8,665
57 Goldstein Advisors, LLC 0.13% of their portfolio Madison, WI 41,06341.1k $960.5k $960.5k 0.13% Added +50 +50
58 Mariner, LLC 0.00% of their portfolio Overland Park, KS 40,86140.9k $955.7k $955.7k 0.00% Added +4.6k +4,622
59 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 40,51640.5k $947.7k $947.7k 0.00% Added +2.6k +2,647
60 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 38,51538.5k $900.9k $900.9k 0.00% Added +933 +933
61 Trademark Financial Management, LLC 0.53% of their portfolio Bloomington, MN 37,30737.3k $872.6k $872.6k 0.53% Added +2.6k +2,580
62 Ashton Thomas Private Wealth, LLC 0.03% of their portfolio SCOTTSDALE, AZ 35,08235.1k $820.6k $820.6k 0.03% Added +744 +744
63 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 32,84032.8k $768.1k $768.1k 0.00% Reduced -879 -879
64 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 32,32232.3k $756.0k $756.0k 0.00% Added +15.9k +15,854
65 Rathbones Group PLC 0.00% of their portfolio Liverpool, X0 32,18032.2k $752.7k $752.7k 0.00% Unchanged
66 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 31,98232.0k $748.1k $748.1k 0.00% Reduced -430 -430
67 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 29,46029.5k $689.1k $689.1k 0.00% Added +2.3k +2,341
68 Net Worth Advisory Group 0.15% of their portfolio SANDY, UT 28,96329.0k $677.4k $677.4k 0.15% Added +83 +83
69 Red Tortoise LLC 0.32% of their portfolio ATLANTA, GA 28,09328.1k $657.1k $657.1k 0.32% Added +177 +177
70 VestGen Advisors, LLC 0.02% of their portfolio CHICAGO, IL 26,77126.8k $626.2k $626.2k 0.02% New
71 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 24,91024.9k $582.6k $582.6k 0.00% Reduced -5.5k -5,480
72 Wealthfront Advisers LLC 0.00% of their portfolio Palo Alto, CA 23,67923.7k $553.9k $553.9k 0.00% Reduced -5.9k -5,880
73 Prairiewood Capital, LLC 0.20% of their portfolio FARGO, ND 22,50622.5k $526.4k $526.4k 0.20% Reduced -612 -612
74 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 22,12122.1k $517.0k $517.0k 0.00% Added +5.8k +5,833
75 IEQ CAPITAL, LLC 0.00% of their portfolio Foster City, CA 22,09622.1k $516.8k $516.8k 0.00% Unchanged
76 Apollon Wealth Management, LLC 0.01% of their portfolio MOUNT PLEASANT, SC 21,51221.5k $503.2k $503.2k 0.01% Reduced -3.7k -3,745
77 IFG Advisory, LLC 0.02% of their portfolio ATLANTA, GA 20,76020.8k $485.6k $485.6k 0.02% Unchanged
78 Westmount Partners, LLC 0.13% of their portfolio LOS ANGELES, CA 20,10720.1k $470.3k $470.3k 0.13% Unchanged
79 Revolve Wealth Partners, LLC 0.06% of their portfolio Hackensack, NJ 18,21718.2k $426.1k $426.1k 0.06% Reduced -1.5k -1,497
80 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 17,59817.6k $411.6k $411.6k 0.00% Added +15.7k +15,656
81 Onyx Bridge Wealth Group LLC 0.05% of their portfolio TARRYTOWN, NY 16,90616.9k $395.4k $395.4k 0.05% Reduced -172 -172
82 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 16,74616.7k $391.7k $391.7k 0.01% Added +2.5k +2,530
83 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 16,37316.4k $383.0k $383.0k 0.00% Added +3.3k +3,317
84 FLAGSTAR SECURITIES, INC 0.10% of their portfolio New York, NY 15,77915.8k $369.1k $369.1k 0.10% Added +210 +210
85 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 15,58015.6k $364.4k $364.4k 0.00% Added +2.5k +2,547
86 SARD WEALTH MANAGEMENT GROUP, LLC 0.22% of their portfolio ATLANTA, GA 15,24815.2k $356.6k $356.6k 0.22% Added +56 +56
87 JFS WEALTH ADVISORS, LLC 0.02% of their portfolio HERMITAGE, PA 14,22614.2k $332.8k $332.8k 0.02% Added +14 +14
88 EVERGREEN CAPITAL MANAGEMENT LLC 0.01% of their portfolio Bellevue, WA 13,98014.0k $327.0k $327.0k 0.01% Unchanged
89 Paragon Capital Management Ltd 0.06% of their portfolio DENVER, CO 13,08313.1k $306.0k $306.0k 0.06% Unchanged
90 AlphaCore Capital LLC 0.01% of their portfolio LA JOLLA, CA 12,93012.9k $302.4k $302.4k 0.01% Added +12.0k +11,968
91 American Trust 0.03% of their portfolio LEXINGTON, KY 12,92512.9k $302.3k $302.3k 0.03% New
92 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 12,58812.6k $294.0k $294.0k 0.00% Reduced -2.6k -2,614
93 Austin Wealth Management, LLC 0.05% of their portfolio Austin, TX 12,38512.4k $292.5k $292.5k 0.05% Added +2.1k +2,116
94 EVOKE WEALTH, LLC 0.01% of their portfolio Los Angeles, CA 12,02012.0k $281.1k $281.1k 0.01% New
95 Efficient Frontier Advisors LLC 0.17% of their portfolio EASTFORD, CT 11,49211.5k $268.8k $268.8k 0.17% Added +77 +77
96 Maridea Wealth Management LLC 0.07% of their portfolio BROOKLYN, NY 10,76310.8k $251.7k $251.7k 0.07% Added +416 +416
97 Freestone Capital Holdings, LLC 0.01% of their portfolio Seattle, WA 10,65510.7k $249.2k $249.2k 0.01% Reduced -1.5k -1,477
98 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 10,64310.6k $248.9k $248.9k 0.00% Added +928 +928
99 CoreCap Advisors, LLC 0.01% of their portfolio SOUTHFIELD, MI 10,17110.2k $237.9k $237.9k 0.01% Added +1 +1
100 HUB Investment Partners, LLC 0.01% of their portfolio AUSTIN, TX 9,5869.6k $224.2k $224.2k 0.01% Added +2 +2