Vault-13

INVESCO EXCH TRD SLF IDX FD BSMS

BULSHS 2028 MUNI · ETP · CUSIP 46138J486

133 institutional holders +3 vs Q1 2026
8,888,9848.9m shares reported held*
$209.2mreported value*
15 new 62 added 27 reduced 9 sold out net bought ≈ $16.3m (+688.8k 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 ≈ $23.54.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 23Q4 22: 29Q1 23: 34Q2 23: 42Q3 23: 41Q4 23: 52Q1 24: 55Q2 24: 64Q3 24: 74Q4 24: 89Q1 25: 95Q2 25: 96Q3 25: 108Q4 25: 121Q1 26: 130Q2 26: 133133Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202223
Q4 202229
Q1 202334
Q2 202342
Q3 202341
Q4 202352
Q1 202455
Q2 202464
Q3 202474
Q4 202489
Q1 202595
Q2 202596
Q3 2025108
Q4 2025121
Q1 2026130
Q2 2026133

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 52 bought or addedQ3 24: 11 cut or sold outQ4 24: 54 bought or addedQ4 24: 15 cut or sold outQ4 24Q1 25: 55 bought or addedQ1 25: 20 cut or sold outQ2 25: 58 bought or addedQ2 25: 24 cut or sold outQ2 25Q3 25: 67 bought or addedQ3 25: 24 cut or sold outQ4 25: 77 bought or addedQ4 25: 22 cut or sold outQ4 25Q1 26: 79 bought or addedQ1 26: 30 cut or sold outQ2 26: 77 bought or addedQ2 26: 36 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20245211
Q4 20245415
Q1 20255520
Q2 20255824
Q3 20256724
Q4 20257722
Q1 20267930
Q2 20267736

Biggest buyers

Elequin Capital, LP New +117,520+117.5k
Atlantic Union Bankshares Corp Added +111,223+111.2k
Integrated Wealth Concepts LLC Added +102,581+102.6k
RAYMOND JAMES FINANCIAL INC Added +73,935+73.9k
CITADEL ADVISORS LLC New +61,148+61.1k
OSAIC HOLDINGS, INC. Added +54,715+54.7k
MISSION WEALTH MANAGEMENT, LP Added +53,682+53.7k
HighTower Advisors, LLC Added +43,037+43.0k
Garrett Wealth Advisory Group, LLC New +40,566+40.6k
Legacy Private Trust Co. Added +37,008+37.0k

Biggest sellers

Focus Partners Wealth Sold out -109,444-109.4k
UBS Group AG Reduced -78,320-78.3k
JANE STREET GROUP, LLC Sold out -74,207-74.2k
Summit Financial, LLC Reduced -58,974-59.0k
Hills Bank & Trust Co Reduced -57,111-57.1k
Modern Wealth Management, LLC Reduced -37,800-37.8k
Key Financial Inc Reduced -36,119-36.1k
Addison Advisors LLC Reduced -20,299-20.3k
Cambridge Financial Group, LLC Sold out -14,794-14.8k
SILVERLAKE WEALTH MANAGEMENT LLC Sold out -13,700-13.7k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 525,668525.7k $12.3m $12.3m 0.00% Added +14.5k +14,522
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 431,869431.9k $10.1m $10.1m 0.00% Added +30.4k +30,369
3 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 422,297422.3k $9.9m $9.9m 0.00% Added +73.9k +73,935
4 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 418,580418.6k $9.8m $9.8m 0.00% Added +20.6k +20,636
5 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 324,173324.2k $7.6m $7.6m 0.01% Added +22.9k +22,940
6 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 299,578299.6k $7.0m $7.0m 0.00% Added +6.8k +6,845
7 Integrated Wealth Concepts LLC 0.03% of their portfolio WALTHAM, MA 258,608258.6k $6.1m $6.1m 0.03% Added +102.6k +102,581
8 Atlantic Union Bankshares Corp 0.10% of their portfolio GLEN ALLEN, VA 258,432258.4k $6.1m $6.1m 0.10% Added +111.2k +111,223
9 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 221,808221.8k $5.2m $5.2m 0.02% Added +14.3k +14,255
10 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 216,228216.2k $5.1m $5.1m 0.01% Added +18.7k +18,696
11 Kathmere Capital Management, LLC 0.26% of their portfolio WAYNE, PA 208,191208.2k $4.9m $4.9m 0.26% Reduced -2.7k -2,687
12 Hills Bank & Trust Co 0.19% of their portfolio North Liberty, IA 189,779189.8k $4.4m $4.4m 0.19% Reduced -57.1k -57,111
13 CENTRAL VALLEY ADVISORS, LLC 1.13% of their portfolio SACRAMENTO, CA 188,612188.6k $4.4m $4.4m 1.13% Added +14.7k +14,737
14 UBS Group AG 0.00% of their portfolio ZURICH, V8 186,076186.1k $4.4m $4.4m 0.00% Reduced -78.3k -78,320
15 PRECEDENT WEALTH PARTNERS, LLC 0.70% of their portfolio HOUSTON, TX 179,962180.0k $4.2m $4.2m 0.70% Added +11.9k +11,940
16 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 172,737172.7k $4.0m $4.0m 0.00% Added +43.0k +43,037
17 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 169,848169.8k $4.0m $4.0m 0.00% Added +54.7k +54,715
18 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 163,761163.8k $3.8m $3.8m 0.00% Reduced -2.9k -2,854
19 MONECO ADVISORS, LLC 0.23% of their portfolio FAIRFIELD, CT 162,305162.3k $3.8m $3.8m 0.23% Added +3.7k +3,704
20 Summit Financial, LLC 0.04% of their portfolio PARSIPPANY, NJ 158,825158.8k $3.7m $3.7m 0.04% Reduced -59.0k -58,974
21 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 147,663147.7k $3.5m $3.5m 0.01% Added +33.6k +33,568
22 Financial Solutions Advisory Group, Inc. 0.42% of their portfolio CHICAGO, IL 140,881140.9k $3.3m $3.3m 0.42% Added +2.5k +2,500
23 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 137,943137.9k $3.2m $3.2m 0.00% Added +9.4k +9,447
24 Elequin Capital, LP 0.09% of their portfolio NEW YORK, NY 117,520117.5k $2.8m $2.8m 0.09% New
25 Invariant Investment Management 1.56% of their portfolio CAMP HILL, PA 113,415113.4k $2.7m $2.7m 1.56% Added +767 +767
26 Key Financial Inc 0.42% of their portfolio WEST CHESTER, PA 110,601110.6k $2.6m $2.6m 0.42% Reduced -36.1k -36,119
27 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 109,316109.3k $2.6m $2.6m 0.01% Added +36.5k +36,487
28 Asset Dedication, LLC 0.16% of their portfolio SAN FRANCISCO, CA 107,511107.5k $2.5m $2.5m 0.16% Reduced -1.1k -1,136
29 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 100,735100.7k $2.4m $2.4m 0.00% Added +23.1k +23,125
30 Legacy Private Trust Co. 0.12% of their portfolio NEENAH, WI 94,12794.1k $2.2m $2.2m 0.12% Added +37.0k +37,008
31 Clark Asset Management, LLC 0.17% of their portfolio STRATHAM, NH 92,97593.0k $2.2m $2.2m 0.17% Added +12.9k +12,892
32 SIGNATUREFD, LLC 0.03% of their portfolio ATLANTA, GA 86,92086.9k $2.0m $2.0m 0.03% Unchanged
33 VestGen Advisors, LLC 0.06% of their portfolio CHICAGO, IL 82,79882.8k $1.9m $1.9m 0.06% Reduced -2.9k -2,946
34 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 82,70882.7k $1.9m $1.9m 0.01% Added +1.4k +1,385
35 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 79,60079.6k $1.9m $1.9m 0.00% Added +10.0k +10,020
36 Cornerstone Wealth Management, LLC 0.07% of their portfolio ST. PETERS, MO 66,55466.6k $1.6m $1.6m 0.07% Added +5.1k +5,113
37 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 65,51065.5k $1.5m $1.5m 0.00% Added +11.9k +11,905
38 MISSION WEALTH MANAGEMENT, LP 0.02% of their portfolio Santa Barbara, CA 63,51263.5k $1.5m $1.5m 0.02% Added +53.7k +53,682
39 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 61,14861.1k $1.4m $1.4m 0.00% New
40 Paulson Wealth Management Inc. 0.29% of their portfolio West Palm Beach, FL 58,75258.8k $1.4m $1.4m 0.29% Reduced -951 -951
41 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 55,68155.7k $1.3m $1.3m 0.00% Added +1.5k +1,500
42 Farmers National Bank 0.27% of their portfolio DANVILLE, KY 54,80454.8k $1.3m $1.3m 0.27% Added +639 +639
43 PAX Financial Group, LLC 0.16% of their portfolio SAN ANTONIO, TX 47,35247.4k $1.1m $1.1m 0.16% Added +492 +492
44 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 46,96447.0k $1.1m $1.1m 0.00% Unchanged
45 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 44,90544.9k $1.1m $1.1m 0.01% Added +949 +949
46 Accurate Wealth Management, LLC 0.10% of their portfolio WESLEY CHAPEL, FL 43,53243.5k $1.0m $1.0m 0.10% Added +6.9k +6,923
47 Willis Johnson & Associates, Inc. 0.06% of their portfolio Houston, TX 42,61142.6k $998.8k $998.8k 0.06% Added +228 +228
48 Jacobi Capital Management LLC 0.05% of their portfolio PITTSTON, PA 42,18242.2k $988.7k $988.7k 0.05% Added +23.9k +23,900
49 Garrett Wealth Advisory Group, LLC 0.15% of their portfolio WEATHERFORD, TX 40,56640.6k $950.9k $950.9k 0.15% New
50 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 39,98940.0k $937.3k $937.3k 0.00% Reduced -1.2k -1,206
51 AlphaStar Capital Management, LLC 0.06% of their portfolio CORNELIUS, NC 39,42039.4k $924.0k $924.0k 0.06% Reduced -349 -349
52 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 36,23836.2k $849.4k $849.4k 0.00% Added +8.0k +7,994
53 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 36,12036.1k $846.6k $846.6k 0.00% Added +5.1k +5,147
54 Astoria Portfolio Advisors LLC. 0.14% of their portfolio NEW YORK, NY 36,08136.1k $845.7k $845.7k 0.14% Reduced -321 -321
55 WEBSTER BANK, N. A. 0.07% of their portfolio WATERBURY, CT 34,07534.1k $798.7k $798.7k 0.07% Unchanged
56 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 33,49833.5k $785.2k $785.2k 0.00% Added +16.3k +16,331
57 Marietta Wealth Management, LLC 0.07% of their portfolio MARIETTA, GA 30,76930.8k $721.2k $721.2k 0.07% Unchanged
58 HUB Investment Partners, LLC 0.01% of their portfolio AUSTIN, TX 30,54030.5k $715.9k $715.9k 0.01% Added +7.7k +7,684
59 Wedmont Private Capital 0.02% of their portfolio WEST CHESTER, PA 30,43330.4k $712.3k $712.3k 0.02% New
60 Vermillion & White Wealth Management Group, LLC 0.35% of their portfolio PHOENIXVILLE, PA 29,78829.8k $698.2k $698.2k 0.35% Added +317 +317
61 Wealthcare Advisory Partners LLC 0.01% of their portfolio WEST CHESTER, PA 29,53029.5k $692.2k $692.2k 0.01% Unchanged
62 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 28,42428.4k $666.3k $666.3k 0.00% Added +8.8k +8,841
63 SENTINEL PENSION ADVISORS, LLC 0.09% of their portfolio WAKEFIELD, MA 28,01228.0k $656.6k $656.6k 0.09% Added +17 +17
64 OLD SECOND NATIONAL BANK OF AURORA 0.12% of their portfolio AURORA, IL 27,98628.0k $656.0k $656.0k 0.12% Added +12.9k +12,869
65 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 27,74527.7k $650.3k $650.3k 0.00% Added +10.4k +10,376
66 Meridian Wealth Management, LLC 0.02% of their portfolio LEXINGTON, KY 26,83426.8k $629.0k $629.0k 0.02% Unchanged
67 River Street Advisors LLC 0.18% of their portfolio AURORA, IL 26,78526.8k $627.8k $627.8k 0.18% Reduced -530 -530
68 HOWARD WEALTH MANAGEMENT, LLC 0.22% of their portfolio Madison, CT 25,90525.9k $607.2k $607.2k 0.22% Added +855 +855
69 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 25,87525.9k $606.5k $606.5k 0.00% Reduced -7.0k -7,003
70 Hobbs Group Advisors, LLC 0.16% of their portfolio COLUMBIA, SC 25,73325.7k $603.2k $603.2k 0.16% Reduced -503 -503
71 Heritage Trust Co 0.05% of their portfolio OKLAHOMA CITY, OK 25,38025.4k $594.9k $594.9k 0.05% Added +4.5k +4,494
72 Wingate Wealth Advisors, Inc. 0.25% of their portfolio LEXINGTON, MA 24,16324.2k $566.4k $566.4k 0.25% Added +8.7k +8,655
73 Carnegie Investment Counsel 0.01% of their portfolio PEPPER PIKE, OH 23,81023.8k $558.1k $558.1k 0.01% Added +723 +723
74 LANDAAS & CO /WI /ADV 0.10% of their portfolio MILWAUKEE, WI 23,66323.7k $554.7k $554.7k 0.10% Reduced -4.3k -4,348
75 Avantax Planning Partners, Inc. 0.01% of their portfolio DUBUQUE, IA 23,63223.6k $553.9k $553.9k 0.01% Added +165 +165
76 Sequoia Financial Advisors, LLC 0.00% of their portfolio Akron, OH 23,19023.2k $543.6k $543.6k 0.00% Reduced -900 -900
77 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 22,88122.9k $536.0k $536.0k 0.00% Added +4.3k +4,264
78 TLWM 0.08% of their portfolio SAN ANTONIO, TX 21,89721.9k $513.3k $513.3k 0.08% Unchanged
79 DOVER ADVISORS, LLC 0.21% of their portfolio RICHMOND, VA 21,89021.9k $514.4k $514.4k 0.21% Unchanged
80 KICKSTAND VENTURES, LLC. 0.09% of their portfolio PITTSFORD, NY 21,78121.8k $510.5k $510.5k 0.09% Added +5.2k +5,250
81 WESPAC Advisors, LLC 0.25% of their portfolio ORINDA, CA 21,65321.7k $507.5k $507.5k 0.25% Unchanged
82 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 21,58521.6k $505.9k $505.9k 0.01% Reduced -2.6k -2,583
83 OneDigital Investment Advisors LLC 0.00% of their portfolio OVERLAND PARK, KS 20,28320.3k $475.4k $475.4k 0.00% Unchanged
84 AA Financial Advisors, LLC 0.05% of their portfolio Columbus, OH 18,54618.5k $434.7k $434.7k 0.05% Added +13 +13
85 MEMBERS WEALTH LLC 0.22% of their portfolio MEDIA, PA 17,35017.4k $406.7k $406.7k 0.22% Unchanged
86 Coastal Bridge Advisors, LLC 0.03% of their portfolio WESTPORT, CT 17,34817.3k $406.6k $406.6k 0.03% Added +3.6k +3,571
87 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 17,10117.1k $400.8k $400.8k 0.00% Added +122 +122
88 Clearstead Advisors, LLC 0.00% of their portfolio CLEVELAND, OH 17,02217.0k $399.0k $399.0k 0.00% Unchanged
89 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 16,00816.0k $375.2k $375.2k 0.00% New
90 Ausdal Financial Partners, Inc. 0.01% of their portfolio Davenport, IA 15,84615.8k $371.4k $371.4k 0.01% Added +965 +965
91 YANKCOM Partnership 0.13% of their portfolio Yankton, SD 15,26615.3k $357.8k $357.8k 0.13% Unchanged
92 Cooksen Wealth, LLC 0.22% of their portfolio THE WOODLANDS, TX 15,04815.0k $352.7k $352.7k 0.22% Unchanged
93 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 14,92514.9k $350.0k $350.0k 0.01% New
94 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 14,86614.9k $348.5k $348.5k 0.00% New
95 FF Advisors,LLC 0.13% of their portfolio MANHATTAN BEACH, CA 14,28514.3k $334.8k $334.8k 0.13% Unchanged
96 Farnam Financial LLC 0.24% of their portfolio PHOENIX, AZ 13,96014.0k $327.2k $327.2k 0.24% New
97 PRIVATE TRUST CO NA 0.02% of their portfolio CLEVELAND, OH 13,03813.0k $305.6k $305.6k 0.02% Added +1.5k +1,545
98 Bill Few Associates, Inc. 0.06% of their portfolio SEWICKLEY, PA 12,83612.8k $300.9k $300.9k 0.06% Unchanged
99 Prospera Financial Services Inc 0.00% of their portfolio Dallas, TX 12,29712.3k $288.2k $288.2k 0.00% Reduced -197 -197
100 BridgePort Financial Solutions, LLC 0.07% of their portfolio FAIRFIELD, IA 12,28612.3k $288.0k $288.0k 0.07% Unchanged