Vault-13

INVESCO EXCH TRADED FD TR II BKLN

SR LN ETF · ETP · CUSIP 46138G508

509 institutional holders +6 vs Q3 2025
283,725,439283.7m shares reported held*
$6.0bnreported value*
46 new 215 added 164 reduced 53 sold out net bought ≈ $224.4m (+10.8m 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 ($24.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $21.01. Options: 3 managers hold calls ($2.0m notional), 4 hold puts ($6.2m).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 385Q4 22: 432Q1 23: 420Q2 23: 417Q3 23: 450Q4 23: 482Q1 24: 506Q2 24: 526Q3 24: 493Q4 24: 541Q1 25: 544Q2 25: 524Q3 25: 503Q4 25: 509509Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022385
Q4 2022432
Q1 2023420
Q2 2023417
Q3 2023450
Q4 2023482
Q1 2024506
Q2 2024526
Q3 2024493
Q4 2024541
Q1 2025544
Q2 2025524
Q3 2025503
Q4 2025509

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 24: 276 bought or addedQ1 24: 197 cut or sold outQ2 24: 293 bought or addedQ2 24: 204 cut or sold outQ2 24Q3 24: 222 bought or addedQ3 24: 267 cut or sold outQ4 24: 290 bought or addedQ4 24: 183 cut or sold outQ4 24Q1 25: 287 bought or addedQ1 25: 219 cut or sold outQ2 25: 257 bought or addedQ2 25: 264 cut or sold outQ2 25Q3 25: 269 bought or addedQ3 25: 204 cut or sold outQ4 25: 261 bought or addedQ4 25: 217 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024276197
Q2 2024293204
Q3 2024222267
Q4 2024290183
Q1 2025287219
Q2 2025257264
Q3 2025269204
Q4 2025261217

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ1 25 calls: $418.1kQ1 25 puts: $286.0mQ1 25P/C 684.06Q2 25 calls: $1.9kQ2 25 puts: $14.4mQ2 25P/C 7689.07Q3 25 calls: $376.7kQ3 25 puts: $18.4mQ3 25P/C 48.97Q4 25 calls: $2.0mQ4 25 puts: $6.2mQ4 25P/C 3.14
Numbers
QuarterCallsPutsP/C
Q1 2025$418.1k$286.0m684.06
Q2 2025$1.9k$14.4m7689.07
Q3 2025$376.7k$18.4m48.97
Q4 2025$2.0m$6.2m3.14

Biggest buyers

BlackRock, Inc. Added +3,819,030+3.8m
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Added +3,776,000+3.8m
Investment Management Corp of Ontario Added +3,692,744+3.7m
STATE OF WISCONSIN INVESTMENT BOARD New +3,190,000+3.2m
GOLDMAN SACHS GROUP INC Added +3,072,104+3.1m
BNP PARIBAS FINANCIAL MARKETS Added +2,719,290+2.7m
MORGAN STANLEY Added +2,670,004+2.7m
UBS Group AG Added +1,996,729+2.0m
LOOMIS SAYLES & CO L P Added +1,800,571+1.8m
Bain Capital Credit, LP Added +1,715,807+1.7m

Biggest sellers

Verition Fund Management LLC Sold out -3,800,000-3.8m
LORD, ABBETT & CO. LLC Reduced -3,485,239-3.5m
RENAISSANCE TECHNOLOGIES LLC Reduced -3,154,742-3.2m
Ocean Park Asset Management, LLC Reduced -2,293,009-2.3m
ROYAL BANK OF CANADA Reduced -1,773,375-1.8m
BNP PARIBAS Reduced -1,692,336-1.7m
1607 Capital Partners, LLC Reduced -1,458,425-1.5m
TD Asset Management Inc Reduced -1,163,550-1.2m
BANK OF AMERICA CORP /DE/ Reduced -1,079,766-1.1m
APG Asset Management US Inc. Reduced -1,000,000-1.0m

Biggest calls

IMC-Chicago, LLC Added $1.2m59.1k shares
CITADEL ADVISORS LLC New $695.1k33.1k shares
GROUP ONE TRADING LLC New $50.4k2.4k shares

Biggest puts

Parallax Volatility Advisers, L.P. Unchanged $5.2m250.0k shares
Squarepoint Ops LLC Reduced $430.5k20.5k shares
JANE STREET GROUP, LLC Reduced $302.4k14.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $260.4k12.4k 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, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 1.17% of their portfolio TORONTO, A6 32,787,98732.8m $688.5m $688.5m 1.17% Added +3.8m +3,776,000
2 BlackRock, Inc. 0.01% of their portfolio New York, NY 18,014,74418.0m $378.3m $378.3m 0.01% Added +3.8m +3,819,030
3 Investment Management Corp of Ontario 3.65% of their portfolio Toronto, Z4 13,064,72313.1m $274.4m $274.4m 3.65% Added +3.7m +3,692,744
4 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 12,343,78312.3m $259.2m $259.2m 0.02% Added +2.7m +2,670,004
5 UBS Group AG 0.04% of their portfolio ZURICH, V8 10,219,04010.2m $214.6m $214.6m 0.04% Added +2.0m +1,996,729
6 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio SAN FRANCISCO, CA 9,487,7079.5m $199.2m $199.2m 0.03% Added +472.9k +472,851
7 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 8,863,7798.9m $186.1m $186.1m 0.01% Reduced -1.1m -1,079,766
8 Invesco Ltd. 0.02% of their portfolio ATLANTA, GA 8,730,6298.7m $183.3m $183.3m 0.02% Added +131.7k +131,683
9 Bain Capital Credit, LP 39.15% of their portfolio Boston, MA 7,127,1177.1m $149.7m $149.7m 39.15% Added +1.7m +1,715,807
10 Ensign Peak Advisors, Inc 0.22% of their portfolio SALT LAKE CITY, UT 5,839,5695.8m $122.6m $122.6m 0.22% Added +952.2k +952,153
11 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 4,775,6514.8m $100.3m $100.3m 0.03% Reduced -252.3k -252,291
12 Diversify Advisory Services, LLC 2.88% of their portfolio SANDY, UT 4,321,7724.3m $91.0m $91.0m 2.88% Added +42.8k +42,845
13 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 4,111,2444.1m $86.3m $86.3m 0.01% Added +3.1m +3,072,104
14 ASSETMARK, INC 0.17% of their portfolio CONCORD, CA 4,025,5654.0m $84.5m $84.5m 0.17% Added +713.4k +713,410
15 BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio PARIS, I0 4,006,8884.0m $84.1m $84.1m 0.05% Added +2.7m +2,719,290
16 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 3,795,3403.8m $79.7m $79.7m 0.02% Added +81.1k +81,066
17 Ocean Park Asset Management, LLC 3.74% of their portfolio SANTA MONICA, CA 3,794,8773.8m $79.7m $79.7m 3.74% Reduced -2.3m -2,293,009
18 SEI INVESTMENTS CO 0.08% of their portfolio OAKS, PA 3,678,2503.7m $77.3m $77.3m 0.08% Added +565.6k +565,552
19 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 3,503,5473.5m $73.6m $73.6m 0.01% Added +45.4k +45,412
20 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 3,498,5343.5m $73.5m $73.5m 0.02% Reduced -662.4k -662,395
21 CIBC Asset Management Inc 0.18% of their portfolio TORONTO, Z4 3,463,3063.5m $72.7m $72.7m 0.18% Added +517.7k +517,684
22 TD Asset Management Inc 0.06% of their portfolio Toronto, A6 3,444,0253.4m $72.3m $72.3m 0.06% Reduced -1.2m -1,163,550
23 NEUBERGER BERMAN GROUP LLC 0.05% of their portfolio NEW YORK, NY 3,352,3253.4m $70.4m $70.4m 0.05% Unchanged
24 STATE OF WISCONSIN INVESTMENT BOARD 0.15% of their portfolio MADISON, WI 3,190,0003.2m $67.0m $67.0m 0.15% New
25 SUMITOMO LIFE INSURANCE CO 1.82% of their portfolio TOKYO, M0 3,170,0003.2m $66.6m $66.6m 1.82% Added +252.1k +252,091
26 Aristotle Pacific Capital, LLC 26.38% of their portfolio NEWPORT BEACH, CA 3,062,0723.1m $64.3m $64.3m 26.38% Added +230.0k +230,000
27 Nuveen, LLC 0.02% of their portfolio CHARLOTTE, NC 2,999,9743.0m $63.0m $63.0m 0.02% Added +500.0k +500,000
28 1607 Capital Partners, LLC 4.16% of their portfolio Richmond, VA 2,904,7752.9m $61.0m $61.0m 4.16% Reduced -1.5m -1,458,425
29 SHENKMAN CAPITAL MANAGEMENT INC 6.61% of their portfolio NEW YORK, NY 2,889,6602.9m $62.6m $62.6m 6.61% Added +981.8k +981,770
30 Rockefeller Capital Management L.P. 0.10% of their portfolio NEW YORK, NY 2,652,1392.7m $55.7m $55.7m 0.10% Added +652.9k +652,908
31 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 2,616,7422.6m $55.0m $55.0m 0.01% Reduced -231.4k -231,395
32 Hikari Tsushin, Inc. 3.40% of their portfolio TOKYO, M0 2,483,8482.5m $52.2m $52.2m 3.40% Unchanged
33 PRUDENTIAL PLC 0.41% of their portfolio LONDON, X0 2,415,2552.4m $50.7m $50.7m 0.41% Reduced -23.6k -23,584
34 Calamos Advisors LLC 0.19% of their portfolio NAPERVILLE, IL 2,247,3512.2m $47.2m $47.2m 0.19% Added +301.1k +301,050
35 Man Group plc 0.08% of their portfolio LONDON, X0 1,981,9832.0m $41.6m $41.6m 0.08% Reduced -71.6k -71,604
36 LORD, ABBETT & CO. LLC 0.13% of their portfolio JERSEY CITY, NJ 1,960,9432.0m $41.2m $41.2m 0.13% Reduced -3.5m -3,485,239
37 LOOMIS SAYLES & CO L P 0.05% of their portfolio BOSTON, MA 1,928,5711.9m $40.5m $40.5m 0.05% Added +1.8m +1,800,571
38 RFG Holdings, Inc. 9.95% of their portfolio Argyle, TX 1,890,4061.9m $39.7m $39.7m 9.95% Added +11.7k +11,688
39 CNO Financial Group, Inc. 22.45% of their portfolio Carmel, IN 1,886,7501.9m $39.6m $39.6m 22.45% Added +47.8k +47,750
40 CIBC Private Wealth Group LLC 0.06% of their portfolio ATLANTA, GA 1,631,6951.6m $34.3m $34.3m 0.06% Added +86.2k +86,202
41 DSC Meridian Capital LP 11.18% of their portfolio NEW YORK, NY 1,286,7791.3m $27.0m $27.0m 11.18% Reduced -807.5k -807,500
42 FEDERATED HERMES, INC. 0.05% of their portfolio PITTSBURGH, PA 1,285,8451.3m $27.0m $27.0m 0.05% Added +309.6k +309,600
43 Cerity Partners LLC 0.04% of their portfolio NEW YORK, NY 1,257,7791.3m $26.4m $26.4m 0.04% Added +212.2k +212,167
44 FACTORY MUTUAL INSURANCE CO 0.26% of their portfolio WALTHAM, MA 1,200,0001.2m $25.2m $25.2m 0.26% Unchanged
45 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 1,189,6351.2m $25.0m $25.0m 0.04% Reduced -334.0k -334,003
46 IRONWOOD WEALTH MANAGEMENT, INC. 11.01% of their portfolio HURRICANE, WV 1,165,0531.2m $24.5m $24.5m 11.01% Reduced -13.6k -13,626
47 MML INVESTORS SERVICES, LLC 0.06% of their portfolio SPRINGFIELD, MA 1,135,9841.1m $23.9m $23.9m 0.06% Added +132.8k +132,836
48 New York Life Investment Management LLC 0.19% of their portfolio New York, NY 1,058,1591.1m $22.2m $22.2m 0.19% Added +517.4k +517,375
49 HRT FINANCIAL LP 0.09% of their portfolio NEW YORK, NY 1,053,9331.1m $22.1m $22.1m 0.09% Added +79.2k +79,224
50 Wealthcare Advisory Partners LLC 0.43% of their portfolio WEST CHESTER, PA 1,043,5411.0m $21.9m $21.9m 0.43% Reduced -34.4k -34,366
51 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 1,025,9391.0m $21.5m $21.5m 0.01% Reduced -566.1k -566,085
52 Strategic Investment Advisors / MI 1.74% of their portfolio FARMINGTON HILLS, MI 958,217958.2k $20.1m $20.1m 1.74% Added +270.7k +270,701
53 CI INVESTMENTS INC. 0.09% of their portfolio TORONTO, Z4 938,250938.2k $19.7m $19.7m 0.09% Added +879.4k +879,400
54 GUGGENHEIM CAPITAL LLC 0.14% of their portfolio CHICAGO, IL 923,204923.2k $19.4m $19.4m 0.14% Reduced -29.5k -29,477
55 Catalyst Capital Advisors LLC 0.39% of their portfolio San Juan, PR 901,688901.7k $18.9m $18.9m 0.39% Unchanged
56 Wellington Grp LLC 6.06% of their portfolio INDIANAPOLIS, IN 866,467866.5k $18.2m $18.2m 6.06% First filing
57 Ninety One UK Ltd 0.04% of their portfolio London, X0 846,749846.7k $17.8m $17.8m 0.04% Reduced -846.7k -846,749
58 Trajan Wealth LLC 0.73% of their portfolio SCOTTSDALE, AZ 838,632838.6k $17.6m $17.6m 0.73% Reduced -1.6k -1,552
59 Inspire Advisors, LLC 1.57% of their portfolio Meridian, ID 810,109810.1k $17.0m $17.0m 1.57% Added +30.8k +30,778
60 Cresset Asset Management, LLC 0.07% of their portfolio Chicago, IL 786,112786.1k $16.5m $16.5m 0.07% Reduced -72.1k -72,142
61 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 773,501773.5k $16.2m $16.2m 0.01% Reduced -52.4k -52,449
62 BNP PARIBAS 0.46% of their portfolio NEW YORK, NY 767,443767.4k $16.1m $16.1m 0.46% Reduced -1.7m -1,692,336
63 Mechanics Bank Trust Department 1.95% of their portfolio Walnut Creek, CA 707,958708.0k $14.9m $14.9m 1.95% Added +15.9k +15,883
64 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 704,984705.0k $14.8m $14.8m 0.02% Reduced -57.3k -57,328
65 NYL Investors LLC 4.96% of their portfolio NEW YORK, NY 695,556695.6k $14.6m $14.6m 4.96% New
66 NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.02% of their portfolio PHILADELPHIA, PA 674,157674.2k $14.2m $14.2m 0.02% First filing
67 D.A. DAVIDSON & CO. 0.08% of their portfolio GREAT FALLS, MT 656,098656.1k $13.8m $13.8m 0.08% Added +10.7k +10,660
68 PARK AVENUE SECURITIES LLC 0.12% of their portfolio NEW YORK, NY 655,084655.1k $13.8m $13.8m 0.12% Added +249.6k +249,605
69 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 649,038649.0k $13.6m $13.6m 0.01% Added +105.6k +105,560
70 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 648,076648.1k $13.6m $13.6m 0.00% Reduced -1.8m -1,773,375
71 COURAGE CAPITAL MANAGEMENT LLC 18.81% of their portfolio NASHVILLE, TN 648,000648.0k $13.6m $13.6m 18.81% Unchanged
72 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 644,982645.0k $13.5m $13.5m 0.01% Added +15.6k +15,585
73 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 620,306620.3k $13.0m $13.0m 0.00% Reduced -866.9k -866,904
74 Arrowpoint Investment Partners (Singapore) Pte. Ltd. 1.92% of their portfolio SINGAPORE, U0 620,100620.1k $13.0m $13.0m 1.92% Added +495.4k +495,400
75 Envestnet Portfolio Solutions, Inc. 0.04% of their portfolio BERWYN, PA 540,845540.8k $11.4m $11.4m 0.04% Added +19.4k +19,409
76 CIM, LLC 1.48% of their portfolio ALBANY, NY 539,176539.2k $11.3m $11.3m 1.48% Added +18.3k +18,261
77 Foundations Investment Advisors, LLC 0.15% of their portfolio PHOENIX, AZ 531,037531.0k $11.2m $11.2m 0.15% Added +17.3k +17,279
78 Symetra Investment Management Co 1.94% of their portfolio Farmington, CT 526,250526.2k $11.1m $11.1m 1.94% Reduced -12.0k -12,000
79 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 507,843507.8k $10.7m $10.7m 0.00% Reduced -250.0k -250,000
80 Centiva Capital, LP 0.64% of their portfolio New York, NY 501,645501.6k $10.5m $10.5m 0.64% New
81 TRUSTMARK BANK TRUST DEPARTMENT 0.66% of their portfolio JACKSON, MS 500,258500.3k $10.5m $10.5m 0.66% Reduced -3.4k -3,350
82 TORONTO DOMINION BANK 0.02% of their portfolio TORONTO, ONTARIO, A6 500,000500.0k $10.5m $10.5m 0.02% New
83 APG Asset Management US Inc. 0.08% of their portfolio New York, NY 480,000480.0k $10.1m $10.1m 0.08% Reduced -1.0m -1,000,000
84 FORM Wealth Advisors, LLC 1.15% of their portfolio Lake Geneva, WI 466,928466.9k $9.8m $9.8m 1.15% First filing
85 Wealthspire Retirement, LLC 0.58% of their portfolio ALISO VIEJO, CA 456,176456.2k $9.6m $9.6m 0.58% Added +14.3k +14,345
86 FMR LLC 0.00% of their portfolio BOSTON, MA 454,704454.7k $9.5m $9.5m 0.00% Reduced -440.8k -440,791
87 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 451,650451.6k $9.5m $9.5m 0.01% New
88 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 430,430430.4k $9.0m $9.0m 0.01% Added +71.3k +71,314
89 Matthew Goff Investment Advisor, LLC 1.57% of their portfolio HOUSTON, TX 420,692420.7k $8.8m $8.8m 1.57% Added +91.5k +91,507
90 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 417,317417.3k $8.8m $8.8m 0.01% Reduced -41.7k -41,700
91 ANGELES WEALTH MANAGEMENT, LLC 0.47% of their portfolio SANTA MONICA, CA 409,980410.0k $8.6m $8.6m 0.47% Added +49.0k +49,013
92 DIVERSIFY WEALTH MANAGEMENT, LLC 0.40% of their portfolio SANDY, UT 403,840403.8k $8.5m $8.5m 0.40% Added +55.9k +55,935
93 SSI INVESTMENT MANAGEMENT LLC 0.57% of their portfolio Los Angeles, CA 401,496401.5k $8.4m $8.4m 0.57% Reduced -33.7k -33,731
94 Bramshill Investments, LLC 0.47% of their portfolio NAPLES, FL 400,000400.0k $8.4m $8.4m 0.47% Reduced -45.0k -45,000
95 Vontobel Holding Ltd. 0.03% of their portfolio ZURICH, V8 396,000396.0k $8.3m $8.3m 0.03% Added +369.0k +369,000
96 Fortitude Family Office, LLC 1.92% of their portfolio SCOTTSDALE, AZ 391,037391.0k $8.2m $8.2m 1.92% Added +378.9k +378,907
97 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 388,329388.3k $8.2m $8.2m 0.02% Added +14.8k +14,824
98 Hilton Capital Management, LLC 0.59% of their portfolio Garden City, NY 372,519372.5k $7.8m $7.8m 0.59% Reduced -146.2k -146,211
99 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 357,021357.0k $7.5m $7.5m 0.01% Reduced -291.8k -291,823
100 GoalVest Advisory LLC 1.41% of their portfolio New York, NY 350,294350.3k $7.4m $7.4m 1.41% Added +318.1k +318,109