Vault-13

INVESCO EXCH TRD SLF IDX FD BSJR

BULETSHS 2027 · ETP · CUSIP 46138J585

156 institutional holders +16 vs Q3 2025
20,967,17121.0m shares reported held*
$474.2mreported value*
18 new 81 added 31 reduced 9 sold out net bought ≈ $67.3m (+3.0m 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 ($110.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $22.62.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 32Q4 22: 40Q1 23: 46Q2 23: 51Q3 23: 57Q4 23: 68Q1 24: 70Q2 24: 81Q3 24: 98Q4 24: 117Q1 25: 126Q2 25: 136Q3 25: 140Q4 25: 156156Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 202232
Q4 202240
Q1 202346
Q2 202351
Q3 202357
Q4 202368
Q1 202470
Q2 202481
Q3 202498
Q4 2024117
Q1 2025126
Q2 2025136
Q3 2025140
Q4 2025156

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 24: 48 bought or addedQ1 24: 20 cut or sold outQ2 24: 53 bought or addedQ2 24: 21 cut or sold outQ2 24Q3 24: 76 bought or addedQ3 24: 15 cut or sold outQ4 24: 81 bought or addedQ4 24: 20 cut or sold outQ4 24Q1 25: 86 bought or addedQ1 25: 26 cut or sold outQ2 25: 86 bought or addedQ2 25: 29 cut or sold outQ2 25Q3 25: 91 bought or addedQ3 25: 30 cut or sold outQ4 25: 99 bought or addedQ4 25: 40 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20244820
Q2 20245321
Q3 20247615
Q4 20248120
Q1 20258626
Q2 20258629
Q3 20259130
Q4 20259940

Biggest buyers

Mirador Capital Partners LP Added +773,615+773.6k
Cetera Investment Advisers Added +606,278+606.3k
LPL Financial LLC Added +413,913+413.9k
Larson Financial Group LLC Added +294,837+294.8k
JANE STREET GROUP, LLC New +162,293+162.3k
OLD MISSION CAPITAL LLC Added +122,394+122.4k
OSAIC HOLDINGS, INC. Added +84,241+84.2k
Accurate Wealth Management, LLC Added +81,534+81.5k
Kestra Advisory Services, LLC Added +68,488+68.5k
MORGAN STANLEY Added +67,675+67.7k

Biggest sellers

ROVIN CAPITAL /UT/ /ADV Reduced -255,332-255.3k
EVEXIA WEALTH LLC Reduced -143,388-143.4k
GPM Growth Investors, Inc. Reduced -106,048-106.0k
ASHTON THOMAS SECURITIES, LLC Reduced -65,194-65.2k
NorthCoast Asset Management LLC Sold out -58,144-58.1k
Turning Point Benefit Group, Inc. Sold out -49,847-49.8k
Ashton Thomas Private Wealth, LLC Reduced -45,669-45.7k
GOLDMAN SACHS GROUP INC Sold out -42,186-42.2k
F/m Investments LLC Sold out -37,312-37.3k
Hobbs Group Advisors, LLC Sold out -24,434-24.4k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Mirador Capital Partners LP 6.58% of their portfolio PLEASANTON, CA 2,121,0832.1m $48.0m $48.0m 6.58% Added +773.6k +773,615
2 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 1,859,9531.9m $42.1m $42.1m 0.01% Added +413.9k +413,913
3 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 1,401,9301.4m $31.7m $31.7m 0.03% Added +606.3k +606,278
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,138,4921.1m $25.7m $25.7m 0.00% Added +67.7k +67,675
5 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,010,0541.0m $22.8m $22.8m 0.00% Added +1.7k +1,680
6 Larson Financial Group LLC 0.73% of their portfolio ST LOUIS, MO 965,131965.1k $21.8m $21.8m 0.73% Added +294.8k +294,837
7 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 802,849802.8k $18.2m $18.2m 0.01% Added +57.9k +57,877
8 UBS Group AG 0.00% of their portfolio ZURICH, V8 553,824553.8k $12.5m $12.5m 0.00% Added +15.7k +15,668
9 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 456,177456.2k $10.3m $10.3m 0.02% Added +9.8k +9,792
10 MERCER GLOBAL ADVISORS INC /ADV 0.02% of their portfolio DENVER, CO 442,880442.9k $10.0m $10.0m 0.02% Added +8.5k +8,454
11 Ashton Thomas Private Wealth, LLC 0.24% of their portfolio SCOTTSDALE, AZ 440,614440.6k $10.0m $10.0m 0.24% Reduced -45.7k -45,669
12 Parkway Wealth Management Group, LLC 1.20% of their portfolio Plano, TX 395,843395.8k $9.0m $9.0m 1.20% First filing
13 Advisory Alpha, LLC 0.24% of their portfolio HOLLAND, MI 390,380390.4k $8.8m $8.8m 0.24% Added +37.2k +37,184
14 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 378,048378.0k $8.5m $8.5m 0.01% Added +84.2k +84,241
15 Ironwood Financial, llc 1.42% of their portfolio TUCSON, AZ 370,330370.3k $8.4m $8.4m 1.42% Reduced -7.4k -7,357
16 SFE Investment Counsel 1.24% of their portfolio LOS ANGELES, CA 352,387352.4k $8.0m $8.0m 1.24% Added +7.1k +7,088
17 ROVIN CAPITAL /UT/ /ADV 2.03% of their portfolio MESA, AZ 338,307338.3k $7.7m $7.7m 2.03% Reduced -255.3k -255,332
18 Intrua Financial, LLC 0.79% of their portfolio Houston, TX 317,535317.5k $7.2m $7.2m 0.79% Added +6.4k +6,373
19 BANTA ASSET MANAGEMENT LP 6.41% of their portfolio NEWPORT BEACH, CA 310,920310.9k $7.0m $7.0m 6.41% First filing
20 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 294,237294.2k $6.7m $6.7m 0.01% Added +35.0k +34,977
21 Modern Wealth Management, LLC 0.11% of their portfolio KANSAS CITY, MO 259,964260.0k $5.9m $5.9m 0.11% Added +20.9k +20,900
22 COLLECTIVE FAMILY OFFICE LLC 1.25% of their portfolio YORK, PA 241,434241.4k $5.5m $5.5m 1.25% Added +26.0k +26,048
23 Ark Wealth Advisors LLC 5.24% of their portfolio YORBA LINDA, CA 215,477215.5k $4.9m $4.9m 5.24% First filing
24 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 215,053215.1k $4.9m $4.9m 0.00% Added +58.5k +58,457
25 Oder Investment Management, LLC 2.91% of their portfolio WOODLAND HILLS, CA 177,390177.4k $4.0m $4.0m 2.91% Added +12.4k +12,382
26 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 174,971175.0k $4.0m $4.0m 0.00% Added +16.5k +16,468
27 HOWARD WEALTH MANAGEMENT, LLC 1.71% of their portfolio Madison, CT 173,063173.1k $3.9m $3.9m 1.71% Added +52.5k +52,467
28 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 165,845165.8k $3.8m $3.8m 0.00% Added +15.9k +15,874
29 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 162,293162.3k $3.7m $3.7m 0.00% New
30 Prospera Financial Services Inc 0.06% of their portfolio Dallas, TX 156,944156.9k $3.5m $3.5m 0.06% Added +13.2k +13,165
31 OLD MISSION CAPITAL LLC 0.13% of their portfolio CHICAGO, IL 148,376148.4k $3.4m $3.4m 0.13% Added +122.4k +122,394
32 Tower Research Capital LLC (TRC) 0.07% of their portfolio NEW YORK, NY 136,237136.2k $3.1m $3.1m 0.07% Added +7.8k +7,822
33 Atria Investments, Inc 0.03% of their portfolio Charlotte, NC 135,314135.3k $3.1m $3.1m 0.03% Added +18.6k +18,574
34 Mariner, LLC 0.00% of their portfolio Overland Park, KS 133,458133.5k $3.0m $3.0m 0.00% Added +16.8k +16,833
35 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 124,522124.5k $2.8m $2.8m 0.01% Added +68.5k +68,488
36 Horizons Wealth Management 1.84% of their portfolio ASHEVILLE, NC 122,077122.1k $2.8m $2.8m 1.84% Added +37.8k +37,849
37 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 118,641118.6k $2.7m $2.7m 0.00% Reduced -11.6k -11,596
38 Pacific Wealth Strategies Group, Inc. 1.49% of their portfolio SANTA BARBARA, CA 116,180116.2k $2.6m $2.6m 1.49% Added +46.9k +46,864
39 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 110,535110.5k $2.5m $2.5m 0.00% Added +5.5k +5,492
40 Glass Jacobson Investment Advisors llc 0.90% of their portfolio OWINGS MILLS, MD 110,365110.4k $2.5m $2.5m 0.90% Added +31.4k +31,381
41 Bright Futures Wealth Management, LLC. 1.80% of their portfolio WEBSTER, NY 14580, NY 107,737107.7k $2.4m $2.4m 1.80% Added +4.4k +4,376
42 Compound Planning, Inc. 0.07% of their portfolio NEW YORK, NY 106,924106.9k $2.4m $2.4m 0.07% Added +16.5k +16,542
43 Paradiem, LLC 0.53% of their portfolio COVINGTON, LA 97,84797.8k $2.2m $2.2m 0.53% Unchanged
44 Accurate Wealth Management, LLC 0.28% of their portfolio WESLEY CHAPEL, FL 96,48296.5k $2.2m $2.2m 0.28% Added +81.5k +81,534
45 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 91,43291.4k $2.1m $2.1m 0.00% Reduced -976 -976
46 CWM, LLC 0.01% of their portfolio OMAHA, NE 85,56785.6k $1.9m $1.9m 0.01% Reduced -9.3k -9,292
47 HUB Investment Partners, LLC 0.05% of their portfolio AUSTIN, TX 85,46485.5k $1.9m $1.9m 0.05% Reduced -942 -942
48 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 83,73583.7k $1.9m $1.9m 0.01% Added +4.7k +4,678
49 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 77,45777.5k $1.8m $1.8m 0.01% Added +2.9k +2,856
50 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 76,69176.7k $1.7m $1.7m 0.01% Reduced -170 -170
51 S.E.E.D. Planning Group LLC 0.48% of their portfolio BINGHAMTON, NY 74,12274.1k $1.7m $1.7m 0.48% Reduced -6.7k -6,723
52 Independent Wealth Advisors LLC 1.69% of their portfolio CARY, NC 71,78771.8k $1.6m $1.6m 1.69% First filing
53 Legacy Financial Group LLC 0.20% of their portfolio DES MOINES, IA 70,09870.1k $1.6m $1.6m 0.20% Added +5.7k +5,729
54 Altrius Capital Management Inc 0.34% of their portfolio NEW BERN, NC 70,08670.1k $1.6m $1.6m 0.34% Reduced -4.4k -4,405
55 Segment Wealth Management, LLC 0.09% of their portfolio HOUSTON, TX 65,14565.1k $1.5m $1.5m 0.09% Reduced -125 -125
56 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 64,07364.1k $1.4m $1.4m 0.00% Added +46.8k +46,798
57 Foundations Investment Advisors, LLC 0.02% of their portfolio PHOENIX, AZ 63,26763.3k $1.4m $1.4m 0.02% Reduced -492 -492
58 Lido Advisors, LLC 0.01% of their portfolio Los Angeles, CA 62,81262.8k $1.4m $1.4m 0.01% New
59 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 62,53062.5k $1.4m $1.4m 0.00% Added +45.7k +45,724
60 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 58,61858.6k $1.3m $1.3m 0.00% New
61 Hennion & Walsh Asset Management, Inc. 0.04% of their portfolio Parsippany, NJ 56,89256.9k $1.3m $1.3m 0.04% Reduced -17.1k -17,087
62 Sound Stewardship, LLC 0.60% of their portfolio Overland Park, KS 55,30155.3k $1.3m $1.3m 0.60% Added +2.1k +2,083
63 Kovack Advisors, Inc. 0.06% of their portfolio FT. LAUDERDALE, FL 53,66753.7k $1.2m $1.2m 0.06% New
64 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 53,64253.6k $1.2m $1.2m 0.01% Added +1.1k +1,056
65 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 46,97647.0k $1.1m $1.1m 0.00% Added +9.1k +9,121
66 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 44,40044.4k $1.0m $1.0m 0.01% Reduced -10.0k -9,996
67 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 44,39744.4k $1.0m $1.0m 0.01% Added +7.8k +7,776
68 Vantage Point Financial LLC 0.36% of their portfolio LISLE, IL 44,33344.3k $1.0m $1.0m 0.36% Reduced -1.3k -1,321
69 Northwest Bancshares, Inc. 0.18% of their portfolio WARREN, PA 42,30442.3k $956.7k $956.7k 0.18% Unchanged
70 Leo Wealth, LLC 0.07% of their portfolio HURST, TX 42,06742.1k $951.3k $951.3k 0.07% New
71 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 40,94240.9k $925.9k $925.9k 0.00% Unchanged
72 SBE LLC DBA CEDAR COVE WEALTH PARTNERS 0.48% of their portfolio BLOOMINGTON, MN 40,36640.4k $912.9k $912.9k 0.48% First filing
73 Carnegie Investment Counsel 0.02% of their portfolio PEPPER PIKE, OH 40,12540.1k $907.4k $907.4k 0.02% Added +6.8k +6,825
74 AA Financial Advisors, LLC 0.16% of their portfolio Columbus, OH 38,98639.0k $881.7k $881.7k 0.16% Added +13.3k +13,347
75 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 38,01938.0k $861.5k $861.5k 0.00% Added +3.6k +3,631
76 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 34,37634.4k $777.4k $777.4k 0.01% Reduced -9.7k -9,650
77 Wagner Wealth Management, Corp 0.76% of their portfolio CONYNGHAM, PA 34,16134.2k $772.5k $772.5k 0.76% First filing
78 Key Financial Inc 0.14% of their portfolio WEST CHESTER, PA 33,77433.8k $763.8k $763.8k 0.14% Added +1.1k +1,100
79 J.W. COLE ADVISORS, INC. 0.02% of their portfolio TAMPA, FL 33,39133.4k $755.1k $755.1k 0.02% Added +1.3k +1,337
80 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.01% of their portfolio Seattle, WA 33,39133.4k $755.1k $755.1k 0.01% Added +460 +460
81 Astoria Portfolio Advisors LLC. 0.17% of their portfolio NEW YORK, NY 33,21733.2k $748.6k $748.6k 0.17% Added +2.3k +2,258
82 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 33,11733.1k $749.0k $749.0k 0.00% New
83 Axim Planning & Wealth 0.79% of their portfolio SPRINGBORO, OH 32,97133.0k $745.6k $745.6k 0.79% Added +4.2k +4,242
84 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 32,65532.7k $738.0k $738.0k 0.00% Added +12.2k +12,247
85 Ballew Advisors, Inc 0.40% of their portfolio Jackson, MS 31,39631.4k $711.3k $711.3k 0.40% Unchanged
86 Clearstead Advisors, LLC 0.01% of their portfolio CLEVELAND, OH 29,93329.9k $676.9k $676.9k 0.01% New
87 Meriwether Wealth & Planning, LLC 0.38% of their portfolio MINDEN, LA 29,62029.6k $669.8k $669.8k 0.38% Added +29 +29
88 Gradient Investments LLC 0.01% of their portfolio ARDEN HILLS, MN 27,91727.9k $631.3k $631.3k 0.01% New
89 BXM Wealth LLC 0.49% of their portfolio Englewood, CO 27,85127.9k $629.8k $629.8k 0.49% Added +11.2k +11,205
90 Net Worth Advisory Group 0.12% of their portfolio SANDY, UT 26,85426.9k $607.3k $607.3k 0.12% Added +11.1k +11,112
91 HB Wealth Management, LLC 0.00% of their portfolio Atlanta, GA 26,12826.1k $590.9k $590.9k 0.00% New
92 Atlantic Union Bankshares Corp 0.01% of their portfolio GLEN ALLEN, VA 25,56225.6k $578.1k $578.1k 0.01% Added +2.2k +2,200
93 Private Advisory Group LLC 0.04% of their portfolio REDMOND, WA 25,10225.1k $567.7k $567.7k 0.04% Reduced -549 -549
94 Valtinson Bruner Financial Planning LLC 0.16% of their portfolio NEW BRIGHTON, MN 25,00925.0k $565.6k $565.6k 0.16% Added +2.8k +2,826
95 Wealthspire Retirement, LLC 0.03% of their portfolio ALISO VIEJO, CA 24,63424.6k $557.1k $557.1k 0.03% Added +2.2k +2,171
96 Vermillion & White Wealth Management Group, LLC 0.29% of their portfolio PHOENIXVILLE, PA 23,72723.7k $538.2k $538.2k 0.29% Added +3.2k +3,190
97 AlphaStar Capital Management, LLC 0.04% of their portfolio CORNELIUS, NC 22,62022.6k $511.6k $511.6k 0.04% Added +5.1k +5,051
98 Cloud Capital Management, LLC 0.24% of their portfolio SEATTLE, WA 22,46622.5k $508.0k $508.0k 0.24% New
99 Quad-Cities Investment Group, LLC 0.21% of their portfolio DAVENPORT, IA 22,36722.4k $505.8k $505.8k 0.21% Added +3.4k +3,362
100 MGO ONE SEVEN LLC 0.01% of their portfolio Beachwood, OH 21,56721.6k $487.7k $487.7k 0.01% Added +3.3k +3,283