Vault-13

INVESCO EXCH TRD SLF IDX FD

BULSHS 2025 MUNI · CUSIP 46138J528

120 institutional holders -7 vs Q2 2025
6,465,0736.5m shares reported held*
$158.8mreported value*
6 new 26 added 48 reduced 12 sold out net sold ≈ $20.2m (-824.8k 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 ≈ $24.56.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 54Q4 22: 68Q1 23: 75Q2 23: 78Q3 23: 81Q4 23: 101Q1 24: 103Q2 24: 115Q3 24: 115Q4 24: 127Q1 25: 132Q2 25: 127Q3 25: 120120Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 202254
Q4 202268
Q1 202375
Q2 202378
Q3 202381
Q4 2023101
Q1 2024103
Q2 2024115
Q3 2024115
Q4 2024127
Q1 2025132
Q2 2025127
Q3 2025120

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 23: 52 bought or addedQ4 23: 27 cut or sold outQ1 24: 57 bought or addedQ1 24: 31 cut or sold outQ1 24Q2 24: 58 bought or addedQ2 24: 36 cut or sold outQ3 24: 68 bought or addedQ3 24: 32 cut or sold outQ3 24Q4 24: 66 bought or addedQ4 24: 30 cut or sold outQ1 25: 59 bought or addedQ1 25: 54 cut or sold outQ1 25Q2 25: 48 bought or addedQ2 25: 62 cut or sold outQ3 25: 32 bought or addedQ3 25: 60 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20235227
Q1 20245731
Q2 20245836
Q3 20246832
Q4 20246630
Q1 20255954
Q2 20254862
Q3 20253260

Biggest buyers

AMERIPRISE FINANCIAL INC Added +43,205+43.2k
Tennessee Valley Asset Management Partners New +38,372+38.4k
Invesco Ltd. Added +30,975+31.0k
TRUIST FINANCIAL CORP New +21,737+21.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +17,950+17.9k
Cambridge Financial Group, LLC New +14,970+15.0k
JONES FINANCIAL COMPANIES LLLP Added +12,032+12.0k
Atlantic Union Bankshares Corp Added +10,891+10.9k
Paulson Wealth Management Inc. Added +10,607+10.6k
Asset Dedication, LLC Added +9,616+9.6k

Biggest sellers

COMMONWEALTH EQUITY SERVICES, LLC Reduced -160,322-160.3k
CENTRAL VALLEY ADVISORS, LLC Reduced -157,677-157.7k
CONFLUENCE INVESTMENT MANAGEMENT LLC Sold out -106,632-106.6k
Reliant Wealth Planning Sold out -83,356-83.4k
Thrivent Financial for Lutherans Sold out -69,972-70.0k
Focus Financial Network, Inc. Sold out -58,699-58.7k
ROYAL BANK OF CANADA Reduced -46,129-46.1k
OSAIC HOLDINGS, INC. Reduced -46,100-46.1k
JANE STREET GROUP, LLC Reduced -26,434-26.4k
LPL Financial LLC Reduced -26,275-26.3k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 635,509635.5k $15.6m $15.6m 0.00% Added +8.1k +8,103
2 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 405,428405.4k $9.9m $9.9m 0.00% Reduced -26.3k -26,275
3 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 321,254321.3k $7.9m $7.9m 0.00% Added +31.0k +30,975
4 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 301,420301.4k $7.4m $7.4m 0.00% Reduced -11.0k -10,996
5 CWM, LLC 0.02% of their portfolio OMAHA, NE 246,018246.0k $6.0m $6.0m 0.02% Reduced -21.9k -21,931
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 198,764198.8k $4.9m $4.9m 0.00% Reduced -7.9k -7,888
7 Atlantic Union Bankshares Corp 0.09% of their portfolio GLEN ALLEN, VA 191,229191.2k $4.7m $4.7m 0.09% Added +10.9k +10,891
8 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 188,054188.1k $4.6m $4.6m 0.01% Reduced -46.1k -46,100
9 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 187,101187.1k $4.6m $4.6m 0.00% Reduced -2.3k -2,266
10 Integrated Wealth Concepts LLC 0.04% of their portfolio WALTHAM, MA 185,867185.9k $4.6m $4.6m 0.04% Reduced -7.8k -7,815
11 OneAscent Financial Services LLC 0.29% of their portfolio BIRMINGHAM, AL 177,859177.9k $4.4m $4.4m 0.29% Reduced -11.3k -11,316
12 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 149,990150.0k $3.7m $3.7m 0.02% Added +864 +864
13 UBS Group AG 0.00% of their portfolio ZURICH, V8 149,424149.4k $3.7m $3.7m 0.00% Reduced -10.1k -10,137
14 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 140,200140.2k $3.4m $3.4m 0.00% Reduced -8.4k -8,420
15 Key Financial Inc 0.63% of their portfolio WEST CHESTER, PA 139,839139.8k $3.4m $3.4m 0.63% Reduced -866 -866
16 Asset Dedication, LLC 0.21% of their portfolio SAN FRANCISCO, CA 126,176126.2k $3.1m $3.1m 0.21% Added +9.6k +9,616
17 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 113,326113.3k $2.8m $2.8m 0.00% Reduced -4.6k -4,552
18 MONECO ADVISORS, LLC 0.22% of their portfolio FAIRFIELD, CT 105,932105.9k $2.6m $2.6m 0.22% Reduced -8.3k -8,251
19 Hills Bank & Trust Co 0.13% of their portfolio North Liberty, IA 93,07093.1k $2.3m $2.3m 0.13% Reduced -829 -829
20 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 85,61685.6k $2.1m $2.1m 0.00% Unchanged
21 Aptus Capital Advisors, LLC 0.02% of their portfolio FAIRHOPE, AL 82,86882.9k $2.0m $2.0m 0.02% Reduced -4.5k -4,466
22 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 81,53981.5k $2.0m $2.0m 0.01% Reduced -1.9k -1,870
23 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 76,51576.5k $1.9m $1.9m 0.00% Added +1.5k +1,529
24 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 75,13075.1k $1.8m $1.8m 0.00% Reduced -26.4k -26,434
25 PRECEDENT WEALTH PARTNERS, LLC 0.38% of their portfolio HOUSTON, TX 70,07070.1k $1.7m $1.7m 0.38% Reduced -7.0k -7,038
26 Resonant Capital Advisors, LLC 0.09% of their portfolio Madison, WI 60,26160.3k $1.5m $1.5m 0.09% Unchanged
27 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 58,94958.9k $1.4m $1.4m 0.00% Added +43.2k +43,205
28 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 53,58853.6k $1.3m $1.3m 0.00% Reduced -13.4k -13,438
29 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 53,27353.3k $1.3m $1.3m 0.00% Reduced -160.3k -160,322
30 Paulson Wealth Management Inc. 0.30% of their portfolio West Palm Beach, FL 51,82551.8k $1.3m $1.3m 0.30% Added +10.6k +10,607
31 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 51,32451.3k $1.3m $1.3m 0.01% Reduced -2.1k -2,098
32 Farmers National Bank 0.29% of their portfolio DANVILLE, KY 50,01950.0k $1.2m $1.2m 0.29% Added +898 +898
33 Savant Capital, LLC 0.01% of their portfolio ROCKFORD, IL 47,56347.6k $1.2m $1.2m 0.01% Unchanged
34 PAX Financial Group, LLC 0.20% of their portfolio SAN ANTONIO, TX 45,80945.8k $1.1m $1.1m 0.20% Reduced -71 -71
35 Cornerstone Wealth Management, LLC 0.06% of their portfolio ST. PETERS, MO 42,72142.7k $1.0m $1.0m 0.06% Reduced -1.5k -1,493
36 AlphaStar Capital Management, LLC 0.09% of their portfolio CORNELIUS, NC 42,42442.4k $1.0m $1.0m 0.09% Reduced -2.4k -2,362
37 WEBSTER BANK, N. A. 0.10% of their portfolio WATERBURY, CT 41,99942.0k $1.0m $1.0m 0.10% Unchanged
38 First Command Advisory Services, Inc. 0.01% of their portfolio FORT WORTH, TX 40,02040.0k $981.5k $981.5k 0.01% Reduced -5.4k -5,354
39 Tennessee Valley Asset Management Partners 0.13% of their portfolio KNOXVILLE, TN 38,37238.4k $941.1k $941.1k 0.13% New
40 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 37,80037.8k $927.1k $927.1k 0.00% Added +2.6k +2,621
41 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 34,33334.3k $842.0k $842.0k 0.00% Reduced -1.0k -1,021
42 VestGen Advisors, LLC 0.03% of their portfolio CHICAGO, IL 34,07834.1k $835.8k $835.8k 0.03% Added +136 +136
43 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 34,00734.0k $834.0k $834.0k 0.00% Reduced -46.1k -46,129
44 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 33,00433.0k $809.4k $809.4k 0.00% Unchanged
45 AA Financial Advisors, LLC 0.15% of their portfolio Columbus, OH 32,05032.0k $786.0k $786.0k 0.15% Added +2.4k +2,418
46 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 31,48731.5k $772.2k $772.2k 0.00% Reduced -555 -555
47 Astoria Portfolio Advisors LLC. 0.20% of their portfolio NEW YORK, NY 31,31431.3k $768.1k $768.1k 0.20% Reduced -319 -319
48 Koss-Olinger Consulting, LLC 0.06% of their portfolio GAINESVILLE, FL 29,86429.9k $733.0k $733.0k 0.06% Unchanged
49 Marietta Wealth Management, LLC 0.09% of their portfolio MARIETTA, GA 29,28029.3k $718.1k $718.1k 0.09% Added +8.9k +8,900
50 Accurate Wealth Management, LLC 0.09% of their portfolio WESLEY CHAPEL, FL 28,12428.1k $690.2k $690.2k 0.09% Added +40 +40
51 CGN Advisors LLC 0.06% of their portfolio MANHATTAN, KS 27,49627.5k $674.3k $674.3k 0.06% Reduced -15.3k -15,334
52 SENTINEL PENSION ADVISORS, LLC 0.10% of their portfolio WAKEFIELD, MA 25,76825.8k $632.0k $632.0k 0.10% Reduced -8.1k -8,101
53 Meridian Wealth Management, LLC 0.02% of their portfolio LEXINGTON, KY 25,48025.5k $624.9k $624.9k 0.02% Reduced -6.1k -6,116
54 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 24,66124.7k $604.7k $604.7k 0.00% Added +12.0k +12,032
55 Vermillion & White Wealth Management Group, LLC 0.34% of their portfolio PHOENIXVILLE, PA 24,54724.5k $602.0k $602.0k 0.34% Added +151 +151
56 DENVER WEALTH MANAGEMENT, INC. 0.22% of their portfolio DENVER, CO 24,50324.5k $600.9k $600.9k 0.22% Reduced -13.4k -13,436
57 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 23,60123.6k $578.8k $578.8k 0.00% Reduced -1.6k -1,577
58 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 22,69822.7k $556.7k $556.7k 0.00% Reduced -9.8k -9,838
59 Fourth Dimension Wealth, LLC 0.21% of their portfolio MIDDLEBURG HEIGHTS, OH 22,09122.1k $541.8k $541.8k 0.21% Reduced -4.2k -4,223
60 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 21,73721.7k $533.1k $533.1k 0.00% New
61 TLWM 0.09% of their portfolio SAN ANTONIO, TX 21,51321.5k $527.6k $527.6k 0.09% Reduced -181 -181
62 OneDigital Investment Advisors LLC 0.01% of their portfolio OVERLAND PARK, KS 20,81820.8k $510.6k $510.6k 0.01% Unchanged
63 Sterling Financial Group, Inc. 0.16% of their portfolio PASADENA, CA 20,69620.7k $507.6k $507.6k 0.16% Added +3.5k +3,468
64 ORBA Wealth Advisors, L.L.C. 0.40% of their portfolio CHICAGO, IL 20,00020.0k $490.5k $490.5k 0.40% Unchanged
65 VOISARD ASSET MANAGEMENT GROUP, INC. 0.11% of their portfolio Grand Rapids, MI 19,68619.7k $482.8k $482.8k 0.11% Unchanged
66 Clear Harbor Asset Management, LLC 0.03% of their portfolio Stamford, CT 19,45519.5k $477.1k $477.1k 0.03% Unchanged
67 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 19,26019.3k $472.3k $472.3k 0.00% Added +9.3k +9,264
68 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 18,60518.6k $456.0k $456.0k 0.00% Unchanged
69 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 17,95017.9k $440.2k $440.2k 0.00% New
70 CENTRAL VALLEY ADVISORS, LLC 0.14% of their portfolio SACRAMENTO, CA 17,81517.8k $436.9k $436.9k 0.14% Reduced -157.7k -157,677
71 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 17,70217.7k $434.2k $434.2k 0.01% Added +108 +108
72 StoneX Group Inc. 0.02% of their portfolio NEW YORK, NY 17,60317.6k $431.7k $431.7k 0.02% Reduced -4.9k -4,901
73 NORTHEAST PLANNING ASSOCIATES, INC. / NH / 0.37% of their portfolio BEDFORD, NH 17,58017.6k $431.2k $431.2k 0.37% Unchanged
74 WESPAC Advisors, LLC 0.25% of their portfolio ORINDA, CA 17,32817.3k $425.0k $425.0k 0.25% Unchanged
75 Waverly Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 15,90315.9k $390.0k $390.0k 0.00% Reduced -1.3k -1,302
76 Hobbs Group Advisors, LLC 0.12% of their portfolio COLUMBIA, SC 15,61715.6k $383.0k $383.0k 0.12% Added +48 +48
77 Cambridge Financial Group, LLC 0.12% of their portfolio TUCSON, AZ 14,97015.0k $367.1k $367.1k 0.12% New
78 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 14,96515.0k $367.0k $367.0k 0.00% Added +1.4k +1,393
79 River Street Advisors LLC 0.14% of their portfolio AURORA, IL 14,94314.9k $366.5k $366.5k 0.14% Unchanged
80 Jacobi Capital Management LLC 0.02% of their portfolio PITTSTON, PA 14,27714.3k $350.1k $350.1k 0.02% Added +2.5k +2,500
81 KICKSTAND VENTURES, LLC. 0.08% of their portfolio PITTSFORD, NY 14,12314.1k $346.4k $346.4k 0.08% Unchanged
82 Tassel Capital Management, Inc. 0.21% of their portfolio MATTHEWS, NC 13,39313.4k $328.5k $328.5k 0.21% Reduced -3.1k -3,144
83 Horizons Wealth Management 0.22% of their portfolio ASHEVILLE, NC 13,27413.3k $325.5k $325.5k 0.22% Unchanged
84 Carnegie Investment Counsel 0.01% of their portfolio PEPPER PIKE, OH 13,07513.1k $320.7k $320.7k 0.01% Reduced -14.2k -14,195
85 YANKCOM Partnership 0.14% of their portfolio Yankton, SD 13,06213.1k $320.3k $320.3k 0.14% Unchanged
86 FLOW TRADERS U.S. LLC 0.01% of their portfolio NEW YORK, NY 12,41812.4k $305.0k $305.0k 0.01% Unchanged
87 HOWARD WEALTH MANAGEMENT, LLC 0.14% of their portfolio Madison, CT 12,25712.3k $300.6k $300.6k 0.14% Unchanged
88 OLD MISSION CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 11,70511.7k $287.1k $287.1k 0.01% Added +2.7k +2,705
89 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 11,41711.4k $280.0k $280.0k 0.00% Unchanged
90 Masso Torrence Wealth Management Inc. 0.11% of their portfolio MARLTON, NJ 11,07511.1k $271.6k $271.6k 0.11% Unchanged
91 SILVERLAKE WEALTH MANAGEMENT LLC 0.07% of their portfolio WILLISTON, VT 11,02411.0k $270.4k $270.4k 0.07% Unchanged
92 IHT Wealth Management, LLC 0.01% of their portfolio Chicago, IL 10,19410.2k $250.0k $250.0k 0.01% Unchanged
93 Kohmann Bosshard Financial Services, LLC 0.03% of their portfolio FAIRLAWN, OH 10,08810.1k $247.4k $247.4k 0.03% Unchanged
94 Clark Asset Management, LLC 0.03% of their portfolio STRATHAM, NH 10,06510.1k $246.8k $246.8k 0.03% Unchanged
95 Heritage Trust Co 0.03% of their portfolio OKLAHOMA CITY, OK 10,03410.0k $246.1k $246.1k 0.03% Reduced -915 -915
96 LEVEL FOUR ADVISORY SERVICES, LLC 0.01% of their portfolio DALLAS, TX 9,9209.9k $243.3k $243.3k 0.01% Added +8 +8
97 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 9,7229.7k $238.4k $238.4k 0.00% Unchanged
98 Diversify Advisory Services, LLC 0.01% of their portfolio SANDY, UT 9,6869.7k $237.4k $237.4k 0.01% Unchanged
99 Addison Advisors LLC 0.05% of their portfolio MIDDLEBURY, VT 9,5409.5k $234.0k $234.0k 0.05% Reduced -180 -180
100 LEAVELL INVESTMENT MANAGEMENT, INC. 0.01% of their portfolio MOBILE, AL 9,4159.4k $230.9k $230.9k 0.01% Unchanged