Vault-13

INVESCO EXCH TRD SLF IDX FD BSMT

BULSHS 2029 MUNI · ETP · CUSIP 46138J478

102 institutional holders +6 vs Q2 2025
6,504,0156.5m shares reported held*
$150.9mreported value*
13 new 51 added 21 reduced 6 sold out net bought ≈ $10.3m (+448.1k 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 ≈ $23.20.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 24Q4 22: 33Q1 23: 35Q2 23: 42Q3 23: 41Q4 23: 50Q1 24: 57Q2 24: 63Q3 24: 70Q4 24: 85Q1 25: 91Q2 25: 96Q3 25: 102102Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 202224
Q4 202233
Q1 202335
Q2 202342
Q3 202341
Q4 202350
Q1 202457
Q2 202463
Q3 202470
Q4 202485
Q1 202591
Q2 202596
Q3 2025102

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 23: 30 bought or addedQ4 23: 9 cut or sold outQ1 24: 38 bought or addedQ1 24: 9 cut or sold outQ1 24Q2 24: 39 bought or addedQ2 24: 10 cut or sold outQ3 24: 47 bought or addedQ3 24: 16 cut or sold outQ3 24Q4 24: 56 bought or addedQ4 24: 16 cut or sold outQ1 25: 60 bought or addedQ1 25: 19 cut or sold outQ1 25Q2 25: 52 bought or addedQ2 25: 26 cut or sold outQ3 25: 64 bought or addedQ3 25: 27 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023309
Q1 2024389
Q2 20243910
Q3 20244716
Q4 20245616
Q1 20256019
Q2 20255226
Q3 20256427

Biggest buyers

Sterling Financial Group, Inc. Added +114,491+114.5k
WELLS FARGO & COMPANY/MN Added +56,831+56.8k
MORGAN STANLEY Added +52,477+52.5k
SIGNATUREFD, LLC Added +40,598+40.6k
Elequin Capital, LP New +40,513+40.5k
Lido Advisors, LLC Added +36,700+36.7k
LPL Financial LLC Added +32,476+32.5k
Sanctuary Advisors, LLC Added +30,931+30.9k
FOURPATH CAPITAL MANAGEMENT, LLC New +30,000+30.0k
Avior Wealth Management, LLC Added +24,089+24.1k

Biggest sellers

JANE STREET GROUP, LLC Sold out -134,189-134.2k
CONFLUENCE INVESTMENT MANAGEMENT LLC Reduced -120,026-120.0k
AMERIPRISE FINANCIAL INC Sold out -65,960-66.0k
Hills Bank & Trust Co Reduced -39,179-39.2k
ROYAL BANK OF CANADA Reduced -19,593-19.6k
CGN Advisors LLC Reduced -17,214-17.2k
Freedom Investment Management, Inc. Sold out -11,338-11.3k
OLD MISSION CAPITAL LLC Sold out -9,507-9.5k
Kathmere Capital Management, LLC Reduced -8,756-8.8k
ENVESTNET ASSET MANAGEMENT INC Reduced -6,662-6.7k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Hills Bank & Trust Co 0.78% of their portfolio North Liberty, IA 571,429571.4k $13.2m $13.2m 0.78% Reduced -39.2k -39,179
2 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 551,537551.5k $12.7m $12.7m 0.00% Added +56.8k +56,831
3 Kathmere Capital Management, LLC 0.46% of their portfolio WAYNE, PA 277,996278.0k $6.4m $6.4m 0.46% Reduced -8.8k -8,756
4 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 247,954248.0k $5.7m $5.7m 0.00% Added +32.5k +32,476
5 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 240,794240.8k $5.6m $5.6m 0.00% Added +5.8k +5,829
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 240,369240.4k $5.6m $5.6m 0.00% Added +52.5k +52,477
7 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 239,350239.3k $5.5m $5.5m 0.00% Added +22.5k +22,538
8 Sterling Financial Group, Inc. 1.52% of their portfolio PASADENA, CA 206,991207.0k $4.8m $4.8m 1.52% Added +114.5k +114,491
9 CENTRAL VALLEY ADVISORS, LLC 1.36% of their portfolio SACRAMENTO, CA 189,886189.9k $4.4m $4.4m 1.36% Added +1.4k +1,378
10 Avior Wealth Management, LLC 0.13% of their portfolio OMAHA, NE 178,254178.3k $4.1m $4.1m 0.13% Added +24.1k +24,089
11 Atlantic Union Bankshares Corp 0.08% of their portfolio GLEN ALLEN, VA 177,716177.7k $4.1m $4.1m 0.08% Added +9.1k +9,140
12 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 165,026165.0k $3.8m $3.8m 0.00% Added +10.4k +10,428
13 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 161,155161.2k $3.7m $3.7m 0.00% Added +14.2k +14,182
14 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 156,288156.3k $3.6m $3.6m 0.02% Added +8.0k +8,003
15 PRECEDENT WEALTH PARTNERS, LLC 0.71% of their portfolio HOUSTON, TX 139,495139.5k $3.2m $3.2m 0.71% Added +21.0k +21,019
16 UBS Group AG 0.00% of their portfolio ZURICH, V8 139,032139.0k $3.2m $3.2m 0.00% Added +20.7k +20,741
17 VestGen Advisors, LLC 0.10% of their portfolio CHICAGO, IL 135,610135.6k $3.1m $3.1m 0.10% Reduced -4.3k -4,284
18 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 133,450133.4k $3.1m $3.1m 0.00% Added +21.6k +21,649
19 MONECO ADVISORS, LLC 0.25% of their portfolio FAIRFIELD, CT 128,810128.8k $3.0m $3.0m 0.25% Added +9.2k +9,159
20 Key Financial Inc 0.51% of their portfolio WEST CHESTER, PA 119,392119.4k $2.8m $2.8m 0.51% Added +2.9k +2,860
21 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.04% of their portfolio ST. LOUIS, MO 107,260107.3k $2.5m $2.5m 0.04% Reduced -120.0k -120,026
22 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 97,51497.5k $2.3m $2.3m 0.00% Reduced -6.7k -6,662
23 Lido Advisors, LLC 0.01% of their portfolio Los Angeles, CA 95,60095.6k $2.2m $2.2m 0.01% Added +36.7k +36,700
24 Integrated Wealth Concepts LLC 0.02% of their portfolio WALTHAM, MA 88,48288.5k $2.0m $2.0m 0.02% Added +22.6k +22,565
25 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 85,82585.8k $2.0m $2.0m 0.00% Added +12.1k +12,068
26 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 81,01281.0k $1.9m $1.9m 0.00% Reduced -553 -553
27 SIGNATUREFD, LLC 0.03% of their portfolio ATLANTA, GA 77,86077.9k $1.8m $1.8m 0.03% Added +40.6k +40,598
28 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 77,35777.4k $1.8m $1.8m 0.01% Added +1.4k +1,389
29 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 76,41976.4k $1.8m $1.8m 0.00% Added +7.1k +7,085
30 Asset Dedication, LLC 0.10% of their portfolio SAN FRANCISCO, CA 64,32064.3k $1.5m $1.5m 0.10% Reduced -1.5k -1,459
31 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 64,16864.2k $1.5m $1.5m 0.00% Reduced -1.6k -1,626
32 Clark Asset Management, LLC 0.15% of their portfolio STRATHAM, NH 55,85155.9k $1.3m $1.3m 0.15% Added +17.7k +17,661
33 Farmers National Bank 0.27% of their portfolio DANVILLE, KY 49,60449.6k $1.1m $1.1m 0.27% Added +1.5k +1,509
34 AlphaStar Capital Management, LLC 0.09% of their portfolio CORNELIUS, NC 45,52045.5k $1.1m $1.1m 0.09% Reduced -2.3k -2,342
35 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 44,77544.8k $1.0m $1.0m 0.00% Added +30.9k +30,931
36 Elequin Capital, LP 0.08% of their portfolio NEW YORK, NY 40,51340.5k $935.9k $935.9k 0.08% New
37 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 36,93636.9k $853.2k $853.2k 0.00% Added +23.6k +23,648
38 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 35,65235.7k $823.6k $823.6k 0.01% Added +1.4k +1,372
39 Marietta Wealth Management, LLC 0.09% of their portfolio MARIETTA, GA 30,95931.0k $715.2k $715.2k 0.09% Added +8.9k +8,874
40 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 30,37530.4k $701.7k $701.7k 0.00% Reduced -3.9k -3,892
41 Paulson Wealth Management Inc. 0.17% of their portfolio West Palm Beach, FL 30,23730.2k $698.5k $698.5k 0.17% Added +12.6k +12,589
42 FOURPATH CAPITAL MANAGEMENT, LLC 0.10% of their portfolio OKLAHOMA CITY, OK 30,00030.0k $693.0k $693.0k 0.10% New
43 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 28,79628.8k $665.2k $665.2k 0.00% Added +8.8k +8,765
44 SENTINEL PENSION ADVISORS, LLC 0.11% of their portfolio WAKEFIELD, MA 28,68628.7k $662.6k $662.6k 0.11% Added +18 +18
45 Koss-Olinger Consulting, LLC 0.05% of their portfolio GAINESVILLE, FL 28,55528.6k $648.0k $648.0k 0.05% Unchanged
46 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 28,53628.5k $659.2k $659.2k 0.01% Added +12.3k +12,290
47 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 28,31928.3k $653.0k $653.0k 0.00% Added +17.2k +17,161
48 Legacy Private Trust Co. 0.04% of their portfolio NEENAH, WI 27,82127.8k $642.7k $642.7k 0.04% Added +13.5k +13,471
49 Meridian Wealth Management, LLC 0.02% of their portfolio LEXINGTON, KY 26,15526.2k $604.2k $604.2k 0.02% Unchanged
50 Addison Advisors LLC 0.13% of their portfolio MIDDLEBURY, VT 24,97025.0k $576.8k $576.8k 0.13% Added +2.1k +2,140
51 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 24,06924.1k $556.0k $556.0k 0.00% Reduced -1.7k -1,722
52 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 23,29723.3k $538.2k $538.2k 0.00% Added +5.9k +5,947
53 TLWM 0.10% of their portfolio SAN ANTONIO, TX 23,02623.0k $531.9k $531.9k 0.10% Reduced -195 -195
54 Cambridge Financial Group, LLC 0.17% of their portfolio TUCSON, AZ 22,95523.0k $530.3k $530.3k 0.17% New
55 Horizons Wealth Management 0.34% of their portfolio ASHEVILLE, NC 21,42421.4k $494.9k $494.9k 0.34% Added +173 +173
56 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 19,93519.9k $460.0k $460.0k 0.00% Reduced -19.6k -19,593
57 Hobbs Group Advisors, LLC 0.14% of their portfolio COLUMBIA, SC 19,77819.8k $456.9k $456.9k 0.14% Added +3.2k +3,221
58 StoneX Group Inc. 0.02% of their portfolio NEW YORK, NY 18,71918.7k $432.4k $432.4k 0.02% Reduced -4.0k -3,979
59 SILVERLAKE WEALTH MANAGEMENT LLC 0.11% of their portfolio WILLISTON, VT 18,71718.7k $432.4k $432.4k 0.11% Unchanged
60 Wingate Wealth Advisors, Inc. 0.25% of their portfolio LEXINGTON, MA 15,53215.5k $358.8k $358.8k 0.25% Added +112 +112
61 Cooksen Wealth, LLC 0.26% of their portfolio THE WOODLANDS, TX 15,20315.2k $351.2k $351.2k 0.26% Unchanged
62 Jacobi Capital Management LLC 0.02% of their portfolio PITTSTON, PA 15,17615.2k $350.6k $350.6k 0.02% Added +2.6k +2,650
63 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 14,90014.9k $344.2k $344.2k 0.00% Added +7.4k +7,439
64 FF Advisors,LLC 0.16% of their portfolio MANHATTAN BEACH, CA 14,66714.7k $338.8k $338.8k 0.16% Unchanged
65 Wealthcare Advisory Partners LLC 0.01% of their portfolio WEST CHESTER, PA 14,49114.5k $334.7k $334.7k 0.01% Unchanged
66 Carnegie Investment Counsel 0.01% of their portfolio PEPPER PIKE, OH 14,38314.4k $332.2k $332.2k 0.01% Reduced -5.0k -5,046
67 HOWARD WEALTH MANAGEMENT, LLC 0.15% of their portfolio Madison, CT 14,15714.2k $327.0k $327.0k 0.15% Added +3.5k +3,515
68 WealthBridge Capital Management, LLC 0.07% of their portfolio WESTERVILLE, OH 13,07913.1k $302.1k $302.1k 0.07% Added +242 +242
69 Bill Few Associates, Inc. 0.08% of their portfolio SEWICKLEY, PA 13,06213.1k $301.7k $301.7k 0.08% Reduced -4.4k -4,403
70 Clearstead Advisors, LLC 0.00% of their portfolio CLEVELAND, OH 12,93312.9k $298.8k $298.8k 0.00% New
71 CGN Advisors LLC 0.02% of their portfolio MANHATTAN, KS 12,32912.3k $284.8k $284.8k 0.02% Reduced -17.2k -17,214
72 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 12,10012.1k $279.5k $279.5k 0.00% New
73 YANKCOM Partnership 0.12% of their portfolio Yankton, SD 11,50911.5k $265.9k $265.9k 0.12% Reduced -575 -575
74 River Street Advisors LLC 0.09% of their portfolio AURORA, IL 10,51310.5k $242.9k $242.9k 0.09% New
75 PRIVATE TRUST CO NA 0.02% of their portfolio CLEVELAND, OH 10,18410.2k $235.2k $235.2k 0.02% Reduced -5.0k -5,046
76 Accurate Wealth Management, LLC 0.03% of their portfolio WESLEY CHAPEL, FL 9,96610.0k $230.8k $230.8k 0.03% New
77 First Command Advisory Services, Inc. 0.00% of their portfolio FORT WORTH, TX 9,96510.0k $230.2k $230.2k 0.00% Added +4.7k +4,741
78 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 9,8569.9k $227.7k $227.7k 0.00% Added +71 +71
79 Prospera Financial Services Inc 0.00% of their portfolio Dallas, TX 9,6329.6k $222.5k $222.5k 0.00% Unchanged
80 Foundry Financial Group, Inc. 0.12% of their portfolio LACONIA, NH 9,5289.5k $220.1k $220.1k 0.12% Unchanged
81 Opulen Financial Group LLC 0.16% of their portfolio ARLINGTON, VA 9,3649.4k $216.3k $216.3k 0.16% Added +54 +54
82 IFG Advisory, LLC 0.01% of their portfolio ATLANTA, GA 9,2129.2k $212.8k $212.8k 0.01% New
83 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 9,0739.1k $209.6k $209.6k 0.00% Added +11 +11
84 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 9,0419.0k $208.8k $208.8k 0.00% Added +21 +21
85 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 8,8508.8k $204.4k $204.4k 0.00% New
86 Heritage Trust Co 0.02% of their portfolio OKLAHOMA CITY, OK 8,7818.8k $202.8k $202.8k 0.02% New
87 Crews Bank & Trust 0.03% of their portfolio PORT CHARLOTTE, FL 8,6508.7k $199.8k $199.8k 0.03% Unchanged
88 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 7,5927.6k $175.4k $175.4k 0.00% Added +6.1k +6,110
89 Knights of Columbus Asset Advisors LLC 0.01% of their portfolio NEW HAVEN, CT 7,1857.2k $166.0k $166.0k 0.01% Unchanged
90 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 6,9266.9k $160.0k $160.0k 0.00% New
91 ORG Partners LLC 0.03% of their portfolio ROANOKE, IN 6,1006.1k $140.9k $140.9k 0.03% New
92 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 5,5145.5k $127.4k $127.4k 0.00% Unchanged
93 COMERICA BANK 0.00% of their portfolio DALLAS, TX 4,6534.7k $107.5k $107.5k 0.00% Reduced -81 -81
94 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 2,9092.9k $67.2k $67.2k 0.00% Reduced -151 -151
95 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 2,1402.1k $49.4k $49.4k 0.00% Added +15 +15
96 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 1,2001.2k $27.7k $27.7k 0.00% Unchanged
97 Anchor Investment Management, LLC 0.00% of their portfolio COLUMBIA, SC 1,0001.0k $23.1k $23.1k 0.00% New
98 CWM, LLC 0.00% of their portfolio OMAHA, NE 865865 $20.0k $20.0k 0.00% Unchanged
99 HARBOR INVESTMENT ADVISORY, LLC 0.00% of their portfolio LUTHERVILLE, MD 700700 $16.2k $16.2k 0.00% Unchanged
100 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 431431 $10.0k $10.0k 0.00% Unchanged