Vault-13

INVESCO EXCH TRADED FD TR II BAB

TAXABLE MUN BD · ETP · CUSIP 46138G805

181 institutional holders -8 vs Q1 2026
25,802,23825.8m shares reported held*
$692.7mreported value*
19 new 74 added 49 reduced 26 sold out net bought ≈ $17.8m (+661.4k 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 ($144.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $26.85.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 182Q4 22: 178Q1 23: 182Q2 23: 188Q3 23: 183Q4 23: 195Q1 24: 203Q2 24: 203Q3 24: 192Q4 24: 197Q1 25: 184Q2 25: 187Q3 25: 181Q4 25: 198Q1 26: 189Q2 26: 181181Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022182
Q4 2022178
Q1 2023182
Q2 2023188
Q3 2023183
Q4 2023195
Q1 2024203
Q2 2024203
Q3 2024192
Q4 2024197
Q1 2025184
Q2 2025187
Q3 2025181
Q4 2025198
Q1 2026189
Q2 2026181

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 82 bought or addedQ3 24: 78 cut or sold outQ4 24: 84 bought or addedQ4 24: 84 cut or sold outQ4 24Q1 25: 65 bought or addedQ1 25: 100 cut or sold outQ2 25: 86 bought or addedQ2 25: 75 cut or sold outQ2 25Q3 25: 74 bought or addedQ3 25: 83 cut or sold outQ4 25: 84 bought or addedQ4 25: 80 cut or sold outQ4 25Q1 26: 90 bought or addedQ1 26: 77 cut or sold outQ2 26: 93 bought or addedQ2 26: 75 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20248278
Q4 20248484
Q1 202565100
Q2 20258675
Q3 20257483
Q4 20258480
Q1 20269077
Q2 20269375

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ3 25 calls: $2.5mQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —Q2 26 calls: $0Q2 26 puts: $0Q2 26P/C —
Numbers
QuarterCallsPutsP/C
Q3 2025$2.5m$00.00
Q4 2025$0$0—
Q1 2026$0$0—
Q2 2026$0$0—

Biggest buyers

WELLS FARGO & COMPANY/MN Added +659,358+659.4k
JANE STREET GROUP, LLC Added +168,127+168.1k
Annex Advisory Services, LLC Added +151,384+151.4k
RAYMOND JAMES FINANCIAL INC Added +118,115+118.1k
Cambridge Investment Research Advisors, Inc. Added +96,286+96.3k
GOULD ASSET MANAGEMENT LLC /CA/ Added +37,281+37.3k
Kingsview Wealth Management, LLC Added +37,062+37.1k
Tortoise Investment Management, LLC Added +36,222+36.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +33,783+33.8k
Integrated Wealth Concepts LLC New +29,213+29.2k

Biggest sellers

AMERIPRISE FINANCIAL INC Reduced -375,916-375.9k
MORGAN STANLEY Reduced -130,088-130.1k
BANK OF MONTREAL /CAN/ Reduced -65,733-65.7k
GFS Advisors, LLC Reduced -52,812-52.8k
ENVESTNET ASSET MANAGEMENT INC Reduced -49,248-49.2k
ANDERSON HOAGLAND & CO Reduced -31,730-31.7k
CITADEL ADVISORS LLC Sold out -31,056-31.1k
Ascentis Independent Advisors Sold out -25,356-25.4k
ZEGA Investments, LLC Sold out -22,395-22.4k
SUMITOMO MITSUI FINANCIAL GROUP, INC. Reduced -21,105-21.1k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Annex Advisory Services, LLC 1.53% of their portfolio BROOKFIELD, WI 3,331,3783.3m $89.4m $89.4m 1.53% Added +151.4k +151,384
2 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 1,730,9791.7m $46.5m $46.5m 0.01% Added +118.1k +118,115
3 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 1,582,7481.6m $42.5m $42.5m 0.04% Reduced -5.5k -5,471
4 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,450,3891.5m $38.9m $38.9m 0.01% Added +659.4k +659,358
5 STATE OF WISCONSIN INVESTMENT BOARD 0.07% of their portfolio MADISON, WI 1,318,8001.3m $35.4m $35.4m 0.07% Unchanged
6 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 996,052996.1k $26.7m $26.7m 0.00% Reduced -6.8k -6,822
7 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 948,647948.6k $25.5m $25.5m 0.01% Reduced -375.9k -375,916
8 GOULD ASSET MANAGEMENT LLC /CA/ 2.98% of their portfolio CLAREMONT, CA 705,394705.4k $18.9m $18.9m 2.98% Added +37.3k +37,281
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 694,189694.2k $18.6m $18.6m 0.00% Reduced -130.1k -130,088
10 SUMITOMO MITSUI FINANCIAL GROUP, INC. 0.33% of their portfolio TOKYO, M0 637,933637.9k $17.1m $17.1m 0.33% Reduced -21.1k -21,105
11 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 627,610627.6k $16.8m $16.8m 0.00% Reduced -49.2k -49,248
12 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 607,776607.8k $16.3m $16.3m 0.01% Added +11.5k +11,462
13 CONNING INC. 0.39% of their portfolio HARTFORD, CT 490,000490.0k $13.2m $13.2m 0.39% Unchanged
14 Kingsview Wealth Management, LLC 0.16% of their portfolio GRANTS PASS, OR 481,335481.3k $12.9m $12.9m 0.16% Added +37.1k +37,062
15 Tortoise Investment Management, LLC 0.93% of their portfolio WHITE PLAINS, NY 464,700464.7k $12.5m $12.5m 0.93% Added +36.2k +36,222
16 RATIONAL ADVISORS, INC. 1.11% of their portfolio San Juan, PR 448,880448.9k $12.0m $12.0m 1.11% Added +17.1k +17,124
17 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 438,156438.2k $11.8m $11.8m 0.00% Added +17.2k +17,155
18 UBS Group AG 0.00% of their portfolio ZURICH, V8 421,006421.0k $11.3m $11.3m 0.00% Added +10.2k +10,183
19 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 397,845397.8k $10.7m $10.7m 0.00% Reduced -65.7k -65,733
20 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 361,664361.7k $9.7m $9.7m 0.01% Added +24.1k +24,067
21 Maltin Wealth Management, Inc. 2.69% of their portfolio RIDGEWOOD, NJ 300,098300.1k $8.1m $8.1m 2.69% Added +9.9k +9,884
22 Elevation Capital Advisory, LLC 2.97% of their portfolio BEND, OR 286,420286.4k $7.7m $7.7m 2.97% Reduced -24 -24
23 GUGGENHEIM CAPITAL LLC 0.05% of their portfolio CHICAGO, IL 276,899276.9k $7.4m $7.4m 0.05% Reduced -11.7k -11,706
24 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 259,227259.2k $7.0m $7.0m 0.00% Added +168.1k +168,127
25 NewEdge Wealth, LLC 0.07% of their portfolio STAMFORD, CT 258,836258.8k $6.9m $6.9m 0.07% Added +1.7k +1,678
26 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 250,718250.7k $6.7m $6.7m 0.00% Added +2.3k +2,272
27 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 213,410213.4k $5.7m $5.7m 0.00% Reduced -1.1k -1,136
28 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 206,231206.2k $5.5m $5.5m 0.00% Added +3.2k +3,248
29 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 200,000200.0k $5.4m $5.4m 0.00% Unchanged
30 Shelter Mutual Insurance Co 1.13% of their portfolio COLUMBIA, MO 198,589198.6k $5.3m $5.3m 1.13% Unchanged
31 Hobbs Group Advisors, LLC 1.39% of their portfolio COLUMBIA, SC 196,857196.9k $5.3m $5.3m 1.39% Added +11.7k +11,659
32 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 186,366186.4k $5.0m $5.0m 0.01% Added +96.3k +96,286
33 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 186,083186.1k $5.0m $5.0m 0.01% Reduced -6.7k -6,723
34 KEYBANK NATIONAL ASSOCIATION/OH 0.02% of their portfolio BROOKLYN, OH 176,679176.7k $4.7m $4.7m 0.02% Reduced -17.6k -17,650
35 Wealthspire Advisors, LLC 0.03% of their portfolio NEW YORK, NY 173,794173.8k $4.7m $4.7m 0.03% Reduced -6.7k -6,704
36 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 151,647151.6k $4.1m $4.1m 0.00% Reduced -6.8k -6,849
37 Oceanside Advisors LLC 1.86% of their portfolio MOUNT PLEASANT, SC 137,047137.0k $3.7m $3.7m 1.86% Added +8.4k +8,354
38 Hudson Capital Management LLC 0.88% of their portfolio RAMSEY, NJ 135,219135.2k $3.6m $3.6m 0.88% Added +13.5k +13,504
39 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 134,550134.6k $3.6m $3.6m 0.00% Added +15.5k +15,548
40 MONEY CONCEPTS CAPITAL CORP 0.17% of their portfolio PALM BEACH GARDENS, FL 133,199133.2k $3.6m $3.6m 0.17% Added +2.9k +2,918
41 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 131,550131.6k $3.5m $3.5m 0.00% Added +4.4k +4,351
42 D L CARLSON INVESTMENT GROUP INC 0.54% of their portfolio CONCORD, NH 127,129127.1k $3.4m $3.4m 0.54% Added +6.1k +6,073
43 DONALDSON CAPITAL MANAGEMENT, LLC 0.09% of their portfolio EVANSVILLE, IN 121,970122.0k $3.3m $3.3m 0.09% Added +688 +688
44 Lakeshore Capital Group, Inc. 2.41% of their portfolio Rolling Meadows, IL 121,389121.4k $3.3m $3.3m 2.41% Added +4.2k +4,240
45 Freedom Investment Management, Inc. 0.87% of their portfolio SOUTH WINDSOR, CT 116,394116.4k $3.1m $3.1m 0.87% Added +620 +620
46 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 114,112114.1k $3.1m $3.1m 0.00% Added +1.2k +1,229
47 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 107,831107.8k $2.9m $2.9m 0.00% Reduced -11.8k -11,791
48 WRAPMANAGER INC 0.88% of their portfolio MILL VALLEY, CA 104,380104.4k $2.8m $2.8m 0.88% Added +2.5k +2,459
49 Astoria Portfolio Advisors LLC. 0.47% of their portfolio NEW YORK, NY 104,072104.1k $2.8m $2.8m 0.47% Reduced -10.6k -10,626
50 Patten Group, Inc. 0.42% of their portfolio CHATTANOOGA, TN 101,419101.4k $2.7m $2.7m 0.42% Reduced -7.1k -7,129
51 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 100,140100.1k $2.7m $2.7m 0.01% Added +13.2k +13,200
52 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 93,24393.2k $2.5m $2.5m 0.00% Reduced -12.7k -12,683
53 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 84,54384.5k $2.3m $2.3m 0.00% Added +12.2k +12,156
54 PFG Investments, LLC 0.08% of their portfolio WOODBURY, NY 81,09981.1k $2.2m $2.2m 0.08% Added +4.2k +4,157
55 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 75,89175.9k $2.0m $2.0m 0.01% Added +1.5k +1,533
56 TI-TRUST, INC 1.06% of their portfolio QUINCY, IL 73,46273.5k $2.0m $2.0m 1.06% Unchanged
57 OneDigital Investment Advisors LLC 0.02% of their portfolio OVERLAND PARK, KS 71,71671.7k $1.9m $1.9m 0.02% Reduced -10.3k -10,254
58 SSA SWISS ADVISORS AG 0.72% of their portfolio ZURICH, V8 71,14671.1k $1.9m $1.9m 0.72% Added +3.0k +3,022
59 &PARTNERS 0.01% of their portfolio NASHVILLE, TN 66,01666.0k $1.8m $1.8m 0.01% Added +1.4k +1,358
60 KG Capital Management 0.93% of their portfolio ST. FRANCISVILLE, LA 57,98158.0k $1.6m $1.6m 0.93% Added +2.2k +2,228
61 ANDERSON HOAGLAND & CO 0.12% of their portfolio ST LOUIS, MO 55,46255.5k $1.5m $1.5m 0.12% Reduced -31.7k -31,730
62 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 50,98951.0k $1.4m $1.4m 0.00% Added +1.7k +1,739
63 World Investment Advisors 0.02% of their portfolio LINCROFT, NJ 50,84250.8k $1.4m $1.4m 0.02% Unchanged
64 Eagle Bluffs Wealth Management LLC 0.45% of their portfolio COLUMBIA, MO 50,08450.1k $1.3m $1.3m 0.45% Reduced -1.4k -1,441
65 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 47,39447.4k $1.3m $1.3m 0.00% Added +33.8k +33,783
66 ROBERTS GLORE & CO INC /IL/ 0.31% of their portfolio DEERFIELD, IL 46,97047.0k $1.3m $1.3m 0.31% Added +985 +985
67 Advisory Alpha, LLC 0.03% of their portfolio HOLLAND, MI 46,36246.4k $1.2m $1.2m 0.03% Added +13.1k +13,109
68 CHAPMAN FINANCIAL GROUP, LLC 0.81% of their portfolio KAILUA, HI 45,37545.4k $1.2m $1.2m 0.81% Added +1.2k +1,200
69 Family Legacy, Inc. 0.30% of their portfolio GREENVILLE, SC 41,86141.9k $1.1m $1.1m 0.30% Reduced -49 -49
70 Spartan Wealth Advisory Services LLC 0.09% of their portfolio BINGHAM FARMS, MI 40,38740.4k $1.1m $1.1m 0.09% Reduced -7.5k -7,486
71 CIBC Bancorp USA Inc. 0.00% of their portfolio CHICAGO, IL 39,30039.3k $1.1m $1.1m 0.00% Added +2.2k +2,174
72 GUIDANCE CAPITAL, INC 0.21% of their portfolio LOUSVILLE, KY 36,07136.1k $962.5k $962.5k 0.21% Added +4.0k +3,979
73 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 33,33333.3k $894.7k $894.7k 0.00% Reduced -4.0k -3,961
74 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 33,00033.0k $885.7k $885.7k 0.00% Unchanged
75 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 32,79432.8k $885.1k $885.1k 0.00% Reduced -5.1k -5,131
76 Savvy Advisors, Inc. 0.02% of their portfolio NEW YORK, NY 31,89031.9k $855.9k $855.9k 0.02% Reduced -75 -75
77 United Asset Strategies, Inc. 0.06% of their portfolio GARDEN CITY, NY 29,55529.6k $793.3k $793.3k 0.06% Added +8.9k +8,858
78 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 29,21329.2k $784.1k $784.1k 0.00% New
79 Glassy Mountain Advisors, Inc. 0.21% of their portfolio BETHESDA, MD 28,92028.9k $776.2k $776.2k 0.21% Added +2.7k +2,680
80 ATLAS CAPITAL ADVISORS INC. 0.08% of their portfolio JACKSON, WY 28,76528.8k $772.1k $772.1k 0.08% Added +5.2k +5,196
81 Whipplewood Advisors, LLC 0.51% of their portfolio LITTLETON, CO 28,09628.1k $754.1k $754.1k 0.51% Reduced -1.6k -1,637
82 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 28,02128.0k $752.1k $752.1k 0.00% Added +6.8k +6,832
83 Cullen/Frost Bankers, Inc. 0.01% of their portfolio San Antonio, TX 27,67727.7k $742.8k $742.8k 0.01% Added +409 +409
84 Moors & Cabot, Inc. 0.03% of their portfolio BOSTON, MA 27,10827.1k $727.6k $727.6k 0.03% Added +731 +731
85 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 24,65124.7k $661.6k $661.6k 0.00% Added +390 +390
86 Hilltop Holdings Inc. 0.05% of their portfolio DALLAS, TX 23,12823.1k $620.8k $620.8k 0.05% Reduced -845 -845
87 CAPSTONE CAPITAL LLC 0.33% of their portfolio HENDERSON, NV 21,54521.5k $578.3k $578.3k 0.33% Reduced -1.7k -1,716
88 MassMutual Private Wealth & Trust, FSB 0.01% of their portfolio Windsor, CT 20,73520.7k $556.5k $556.5k 0.01% Added +35 +35
89 UMB Bank, n.a. 0.01% of their portfolio Kansas City, MO 20,19420.2k $542.0k $542.0k 0.01% Added +6.5k +6,507
90 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 19,84919.8k $532.7k $532.7k 0.01% Unchanged
91 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 19,52819.5k $524.1k $524.1k 0.00% Reduced -9.3k -9,350
92 Caldwell Trust Co 0.04% of their portfolio Venice, FL 19,40219.4k $520.8k $520.8k 0.04% Added +680 +680
93 PARK AVENUE SECURITIES LLC 0.00% of their portfolio NEW YORK, NY 18,02318.0k $484.0k $484.0k 0.00% Added +1.3k +1,345
94 Progressive Investment Management Corp 0.10% of their portfolio LAKE OSWEGO, OR 17,70717.7k $475.3k $475.3k 0.10% Added +1.4k +1,442
95 Traub Capital Management LLC 0.42% of their portfolio NEEDHAM, MA 17,64517.6k $473.6k $473.6k 0.42% Added +120 +120
96 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 17,13517.1k $459.9k $459.9k 0.00% Reduced -3.8k -3,805
97 Centric Wealth Management 0.07% of their portfolio CHICAGO, IL 17,10017.1k $457.9k $457.9k 0.07% Unchanged
98 Onyx Bridge Wealth Group LLC 0.04% of their portfolio TARRYTOWN, NY 16,85416.9k $452.4k $452.4k 0.04% Reduced -93 -93
99 Bangor Savings Bank 0.03% of their portfolio BANGOR, ME 16,70616.7k $448.4k $448.4k 0.03% Reduced -2.7k -2,678
100 Hunter Perkins Capital Management, LLC 0.10% of their portfolio LOMBARD, IL 16,52616.5k $444.0k $444.0k 0.10% Reduced -2.7k -2,723