Vault-13

INVESCO EXCH TRD SLF IDX FD BSMR

BULSHS 2027 MUNI · ETP · CUSIP 46138J494

122 institutional holders +6 vs Q1 2025
7,498,2767.5m shares reported held*
$176.3mreported value*
15 new 51 added 33 reduced 8 sold out net bought ≈ $10.9m (+472.9k 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 ≈ $23.51.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 32Q4 22: 43Q1 23: 46Q2 23: 53Q3 23: 55Q4 23: 72Q1 24: 76Q2 24: 85Q3 24: 94Q4 24: 110Q1 25: 116Q2 25: 122122Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202232
Q4 202243
Q1 202346
Q2 202353
Q3 202355
Q4 202372
Q1 202476
Q2 202485
Q3 202494
Q4 2024110
Q1 2025116
Q2 2025122

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 35 bought or addedQ3 23: 15 cut or sold outQ4 23: 41 bought or addedQ4 23: 15 cut or sold outQ4 23Q1 24: 52 bought or addedQ1 24: 17 cut or sold outQ2 24: 53 bought or addedQ2 24: 19 cut or sold outQ2 24Q3 24: 64 bought or addedQ3 24: 18 cut or sold outQ4 24: 71 bought or addedQ4 24: 20 cut or sold outQ4 24Q1 25: 74 bought or addedQ1 25: 27 cut or sold outQ2 25: 66 bought or addedQ2 25: 41 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20233515
Q4 20234115
Q1 20245217
Q2 20245319
Q3 20246418
Q4 20247120
Q1 20257427
Q2 20256641

Biggest buyers

Kathmere Capital Management, LLC New +140,666+140.7k
Elequin Capital, LP New +89,011+89.0k
LPL Financial LLC Added +87,575+87.6k
ROYAL BANK OF CANADA Added +50,156+50.2k
Thrivent Financial for Lutherans Added +45,034+45.0k
MONECO ADVISORS, LLC Added +41,543+41.5k
Integrated Wealth Concepts LLC Added +40,933+40.9k
Atlantic Union Bankshares Corp Added +36,492+36.5k
Koss-Olinger Consulting, LLC New +27,514+27.5k
BANK OF AMERICA CORP /DE/ Added +26,484+26.5k

Biggest sellers

Atria Investments, Inc Reduced -102,118-102.1k
JANE STREET GROUP, LLC Sold out -82,625-82.6k
TORONTO DOMINION BANK Sold out -40,395-40.4k
CGN Advisors LLC Reduced -24,008-24.0k
Focus Financial Network, Inc. Reduced -22,708-22.7k
MIDLAND WEALTH ADVISORS, LLC Sold out -20,194-20.2k
Hobbs Group Advisors, LLC Reduced -15,952-16.0k
ENVESTNET ASSET MANAGEMENT INC Reduced -13,096-13.1k
Astoria Portfolio Advisors LLC. Reduced -12,963-13.0k
Vermillion & White Wealth Management Group, LLC Reduced -12,642-12.6k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 536,467536.5k $12.6m $12.6m 0.00% Reduced -4.5k -4,470
2 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 445,666445.7k $10.5m $10.5m 0.00% Added +5.0k +5,028
3 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 426,482426.5k $10.0m $10.0m 0.00% Added +87.6k +87,575
4 Atlantic Union Bankshares Corp 0.17% of their portfolio GLEN ALLEN, VA 315,561315.6k $7.4m $7.4m 0.17% Added +36.5k +36,492
5 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 293,809293.8k $6.9m $6.9m 0.00% Added +20.1k +20,082
6 Key Financial Inc 1.34% of their portfolio WEST CHESTER, PA 283,788283.8k $6.7m $6.7m 1.34% Unchanged
7 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.09% of their portfolio ST. LOUIS, MO 265,158265.2k $6.2m $6.2m 0.09% Reduced -8.8k -8,829
8 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 257,482257.5k $6.0m $6.0m 0.00% Added +26.5k +26,484
9 VestGen Advisors, LLC 0.19% of their portfolio CHICAGO, IL 201,020201.0k $4.7m $4.7m 0.19% Added +4.7k +4,705
10 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 183,010183.0k $4.3m $4.3m 0.01% Added +16.5k +16,483
11 CENTRAL VALLEY ADVISORS, LLC 1.46% of their portfolio SACRAMENTO, CA 182,851182.9k $4.3m $4.3m 1.46% Reduced -2.7k -2,659
12 Sanctuary Advisors, LLC 0.03% of their portfolio INDIANAPOLIS, IN 182,285182.3k $4.3m $4.3m 0.03% Reduced -306 -306
13 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 169,885169.9k $4.0m $4.0m 0.00% Added +11.8k +11,784
14 UBS Group AG 0.00% of their portfolio ZURICH, V8 166,610166.6k $3.9m $3.9m 0.00% Reduced -10.5k -10,504
15 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 165,074165.1k $3.9m $3.9m 0.02% Added +9.8k +9,799
16 Avior Wealth Management, LLC 0.12% of their portfolio OMAHA, NE 147,798147.8k $3.5m $3.5m 0.12% Reduced -9.7k -9,694
17 Kathmere Capital Management, LLC 0.25% of their portfolio WAYNE, PA 140,666140.7k $3.3m $3.3m 0.25% New
18 Integrated Wealth Concepts LLC 0.03% of their portfolio WALTHAM, MA 133,095133.1k $3.1m $3.1m 0.03% Added +40.9k +40,933
19 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 130,764130.8k $3.1m $3.1m 0.00% Reduced -13.1k -13,096
20 PRECEDENT WEALTH PARTNERS, LLC 0.74% of their portfolio HOUSTON, TX 128,734128.7k $3.0m $3.0m 0.74% Added +13.5k +13,538
21 MONECO ADVISORS, LLC 0.26% of their portfolio FAIRFIELD, CT 120,405120.4k $2.8m $2.8m 0.26% Added +41.5k +41,543
22 Asset Dedication, LLC 0.18% of their portfolio SAN FRANCISCO, CA 106,949106.9k $2.5m $2.5m 0.18% Added +1.9k +1,943
23 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 104,952105.0k $2.5m $2.5m 0.00% Reduced -9.2k -9,158
24 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 99,87899.9k $2.3m $2.3m 0.00% Added +50.2k +50,156
25 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 89,12789.1k $2.1m $2.1m 0.00% Added +7.7k +7,747
26 Elequin Capital, LP 0.29% of their portfolio NEW YORK, NY 89,01189.0k $2.1m $2.1m 0.29% New
27 Hills Bank & Trust Co 0.12% of their portfolio North Liberty, IA 78,41178.4k $1.8m $1.8m 0.12% Added +50 +50
28 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 75,38775.4k $1.8m $1.8m 0.00% Added +11.2k +11,158
29 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 73,98474.0k $1.7m $1.7m 0.01% Added +13.6k +13,556
30 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 63,10463.1k $1.5m $1.5m 0.00% Added +7.7k +7,692
31 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 59,04959.0k $1.4m $1.4m 0.00% Added +45.0k +45,034
32 Cornerstone Wealth Management, LLC 0.08% of their portfolio ST. PETERS, MO 58,26758.3k $1.4m $1.4m 0.08% Added +3.5k +3,469
33 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 49,47649.5k $1.2m $1.2m 0.01% Added +3.4k +3,407
34 PAX Financial Group, LLC 0.22% of their portfolio SAN ANTONIO, TX 48,37848.4k $1.1m $1.1m 0.22% Reduced -6.0k -6,028
35 Farmers National Bank 0.30% of their portfolio DANVILLE, KY 48,34648.3k $1.1m $1.1m 0.30% Added +1.5k +1,532
36 Farnam Financial LLC 1.00% of their portfolio PHOENIX, AZ 47,34047.3k $1.1m $1.1m 1.00% Unchanged
37 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 46,64446.6k $1.1m $1.1m 0.00% Unchanged
38 AlphaStar Capital Management, LLC 0.08% of their portfolio CORNELIUS, NC 46,27546.3k $1.1m $1.1m 0.08% Added +5.9k +5,875
39 Astoria Portfolio Advisors LLC. 0.29% of their portfolio NEW YORK, NY 44,03044.0k $1.0m $1.0m 0.29% Reduced -13.0k -12,963
40 Atria Investments, Inc 0.01% of their portfolio Charlotte, NC 43,87243.9k $1.0m $1.0m 0.01% Reduced -102.1k -102,118
41 Aptus Capital Advisors, LLC 0.01% of their portfolio FAIRHOPE, AL 42,78442.8k $1.0m $1.0m 0.01% Added +305 +305
42 SIGNATUREFD, LLC 0.02% of their portfolio ATLANTA, GA 42,66442.7k $1.0m $1.0m 0.02% Unchanged
43 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 41,75841.8k $980.1k $980.1k 0.00% Reduced -285 -285
44 Paulson Wealth Management Inc. 0.25% of their portfolio West Palm Beach, FL 41,45641.5k $973.0k $973.0k 0.25% Reduced -3.1k -3,058
45 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 37,72437.7k $885.4k $885.4k 0.00% Unchanged
46 Sarver Vrooman Wealth Advisors 0.55% of their portfolio KANSAS CITY, MO 35,18535.2k $825.8k $825.8k 0.55% Unchanged
47 First Command Advisory Services, Inc. 0.01% of their portfolio FORT WORTH, TX 34,33734.3k $805.9k $805.9k 0.01% Added +328 +328
48 Vermillion & White Wealth Management Group, LLC 0.52% of their portfolio PHOENIXVILLE, PA 33,95634.0k $796.9k $796.9k 0.52% Reduced -12.6k -12,642
49 CGN Advisors LLC 0.07% of their portfolio MANHATTAN, KS 33,87633.9k $795.1k $795.1k 0.07% Reduced -24.0k -24,008
50 Meridian Wealth Management, LLC 0.03% of their portfolio LEXINGTON, KY 33,63233.6k $789.3k $789.3k 0.03% Unchanged
51 Wealthcare Advisory Partners LLC 0.02% of their portfolio WEST CHESTER, PA 33,22033.2k $779.7k $779.7k 0.02% Added +2.4k +2,372
52 Savant Capital, LLC 0.01% of their portfolio ROCKFORD, IL 30,82030.8k $723.4k $723.4k 0.01% Added +19 +19
53 Clark Asset Management, LLC 0.09% of their portfolio STRATHAM, NH 29,06129.1k $682.1k $682.1k 0.09% Added +6.5k +6,474
54 Focus Financial Network, Inc. 0.03% of their portfolio MINNEAPOLIS, MN 28,15728.2k $660.8k $660.8k 0.03% Reduced -22.7k -22,708
55 SENTINEL PENSION ADVISORS, LLC 0.11% of their portfolio WAKEFIELD, MA 28,13428.1k $660.3k $660.3k 0.11% Reduced -837 -837
56 Koss-Olinger Consulting, LLC 0.05% of their portfolio GAINESVILLE, FL 27,51427.5k $645.8k $645.8k 0.05% New
57 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 27,03327.0k $634.5k $634.5k 0.00% Reduced -2.7k -2,704
58 WESPAC Advisors, LLC 0.42% of their portfolio ORINDA, CA 25,87225.9k $607.2k $607.2k 0.42% Added +8.6k +8,550
59 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 24,31224.3k $570.6k $570.6k 0.00% Added +3.7k +3,700
60 OneDigital Investment Advisors LLC 0.01% of their portfolio OVERLAND PARK, KS 24,05824.1k $564.6k $564.6k 0.01% Added +852 +852
61 YANKCOM Partnership 0.27% of their portfolio Yankton, SD 23,22623.2k $545.1k $545.1k 0.27% Added +6.4k +6,423
62 Accurate Wealth Management, LLC 0.08% of their portfolio WESLEY CHAPEL, FL 22,85722.9k $538.7k $538.7k 0.08% New
63 AA Financial Advisors, LLC 0.12% of their portfolio Columbus, OH 22,80822.8k $535.3k $535.3k 0.12% Added +2.2k +2,196
64 Hobbs Group Advisors, LLC 0.18% of their portfolio COLUMBIA, SC 22,59522.6k $530.3k $530.3k 0.18% Reduced -16.0k -15,952
65 TLWM 0.10% of their portfolio SAN ANTONIO, TX 22,39922.4k $525.7k $525.7k 0.10% Unchanged
66 StoneX Group Inc. 0.03% of their portfolio NEW YORK, NY 22,09922.1k $518.7k $518.7k 0.03% Reduced -6.2k -6,160
67 Marietta Wealth Management, LLC 0.07% of their portfolio MARIETTA, GA 21,38021.4k $501.8k $501.8k 0.07% New
68 Addison Advisors LLC 0.12% of their portfolio MIDDLEBURY, VT 20,04920.0k $470.6k $470.6k 0.12% Reduced -1.3k -1,321
69 Sterling Financial Group, Inc. 0.15% of their portfolio PASADENA, CA 18,42318.4k $432.4k $432.4k 0.15% Reduced -155 -155
70 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 18,20218.2k $427.2k $427.2k 0.01% Added +384 +384
71 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 17,86717.9k $419.3k $419.3k 0.00% Added +5.7k +5,715
72 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 17,24117.2k $404.5k $404.5k 0.00% Added +6.1k +6,131
73 Bill Few Associates, Inc. 0.11% of their portfolio SEWICKLEY, PA 17,11917.1k $401.8k $401.8k 0.11% Unchanged
74 VOISARD ASSET MANAGEMENT GROUP, INC. 0.10% of their portfolio Grand Rapids, MI 16,98017.0k $398.5k $398.5k 0.10% Added +3.9k +3,850
75 KICKSTAND VENTURES, LLC. 0.09% of their portfolio PITTSFORD, NY 16,97717.0k $398.4k $398.4k 0.09% Added +1.8k +1,799
76 Heritage Trust Co 0.04% of their portfolio OKLAHOMA CITY, OK 16,13416.1k $378.7k $378.7k 0.04% Reduced -830 -830
77 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 16,12216.1k $378.4k $378.4k 0.00% Reduced -206 -206
78 Horizons Wealth Management 0.27% of their portfolio ASHEVILLE, NC 15,92315.9k $373.7k $373.7k 0.27% Added +160 +160
79 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 15,76215.8k $369.9k $369.9k 0.00% Added +2.5k +2,542
80 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 15,40315.4k $362.6k $362.6k 0.00% Added +31 +31
81 Wingate Wealth Advisors, Inc. 0.31% of their portfolio LEXINGTON, MA 15,01415.0k $352.4k $352.4k 0.31% Added +109 +109
82 Cooksen Wealth, LLC 0.28% of their portfolio THE WOODLANDS, TX 14,86214.9k $348.8k $348.8k 0.28% Unchanged
83 HOWARD WEALTH MANAGEMENT, LLC 0.17% of their portfolio Madison, CT 14,69014.7k $344.8k $344.8k 0.17% Added +2.1k +2,075
84 Prospera Financial Services Inc 0.01% of their portfolio Dallas, TX 13,00913.0k $305.3k $305.3k 0.01% Unchanged
85 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 12,92712.9k $303.4k $303.4k 0.00% Reduced -7.6k -7,553
86 Jacobi Capital Management LLC 0.02% of their portfolio PITTSTON, PA 12,23812.2k $287.2k $287.2k 0.02% Added +2.5k +2,480
87 LANDAAS & CO /WI /ADV 0.07% of their portfolio MILWAUKEE, WI 12,06112.1k $283.0k $283.0k 0.07% New
88 Freedom Investment Management, Inc. 0.02% of their portfolio SOUTH WINDSOR, CT 11,89811.9k $279.3k $279.3k 0.02% Reduced -563 -563
89 BENJAMIN EDWARDS INC 0.00% of their portfolio Clayton, MO 11,79111.8k $276.7k $276.7k 0.00% Reduced -1.1k -1,119
90 SILVERLAKE WEALTH MANAGEMENT LLC 0.08% of their portfolio WILLISTON, VT 11,76811.8k $276.2k $276.2k 0.08% Unchanged
91 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 11,22111.2k $263.4k $263.4k 0.00% New
92 Legacy Private Trust Co. 0.02% of their portfolio NEENAH, WI 11,17511.2k $262.3k $262.3k 0.02% New
93 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 11,05511.1k $259.5k $259.5k 0.00% Reduced -554 -554
94 River Street Advisors LLC 0.11% of their portfolio AURORA, IL 11,04011.0k $259.1k $259.1k 0.11% New
95 Waverly Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 10,98411.0k $257.8k $257.8k 0.00% Added +691 +691
96 Bluespring Wealth Management, LLC 0.02% of their portfolio AUSTIN, TX 10,66510.7k $250.3k $250.3k 0.02% New
97 Tassel Capital Management, Inc. 0.19% of their portfolio MATTHEWS, NC 10,65910.7k $250.2k $250.2k 0.19% Added +77 +77
98 DENVER WEALTH MANAGEMENT, INC. 0.10% of their portfolio DENVER, CO 10,46510.5k $245.6k $245.6k 0.10% Reduced -654 -654
99 FLOW TRADERS U.S. LLC 0.01% of their portfolio NEW YORK, NY 9,8239.8k $231.0k $231.0k 0.01% New
100 Brookstone Capital Management 0.00% of their portfolio WHEATON, IL 9,4849.5k $222.6k $222.6k 0.00% Reduced -1.6k -1,579