Vault-13

INVESCO EXCH TRD SLF IDX FD BSCY

BULLETSHARES 203 · ETP · CUSIP 46139W783

65 institutional holders +7 vs Q1 2025
8,353,5908.4m shares reported held*
$173.4mreported value*
11 new 41 added 8 reduced 3 sold out net bought ≈ $26.8m (+1.3m 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 ≈ $20.76.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q2 24: 1Q3 24: 16Q4 24: 49Q1 25: 58Q2 25: 6565Q2 24Q3 24Q4 24Q1 25Q2 25
Numbers
QuarterHolders
Q2 20241
Q3 202416
Q4 202449
Q1 202558
Q2 202565

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 14 bought or addedQ3 24: 0 cut or sold outQ3 24Q4 24: 46 bought or addedQ4 24: 1 cut or sold outQ4 24Q1 25: 48 bought or addedQ1 25: 8 cut or sold outQ1 25Q2 25: 52 bought or addedQ2 25: 11 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2024140
Q4 2024461
Q1 2025488
Q2 20255211

Biggest buyers

WELLS FARGO & COMPANY/MN Added +407,447+407.4k
MORGAN STANLEY Added +300,878+300.9k
JANE STREET GROUP, LLC New +156,251+156.3k
RAYMOND JAMES FINANCIAL INC Added +145,867+145.9k
LPL Financial LLC Added +108,692+108.7k
ROYAL BANK OF CANADA Added +105,240+105.2k
GOLDMAN SACHS GROUP INC New +71,612+71.6k
JONES FINANCIAL COMPANIES LLLP Added +68,871+68.9k
CITADEL ADVISORS LLC New +61,872+61.9k
Equitable Holdings, Inc. Added +57,007+57.0k

Biggest sellers

Invesco Ltd. Reduced -399,446-399.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -74,971-75.0k
Strategic Financial Concepts, LLC Sold out -55,331-55.3k
YARGER WEALTH STRATEGIES, LLC Sold out -48,215-48.2k
FLOW TRADERS U.S. LLC Reduced -27,290-27.3k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -19,130-19.1k
MAI Capital Management Reduced -10,988-11.0k
AMERIPRISE FINANCIAL INC Sold out -10,180-10.2k
SAWGRASS ASSET MANAGEMENT LLC Reduced -4,447-4.4k
MML INVESTORS SERVICES, LLC Reduced -1,850-1.9k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 2,003,9722.0m $41.6m $41.6m 0.01% Added +145.9k +145,867
2 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 721,978722.0k $15.0m $15.0m 0.00% Reduced -399.4k -399,446
3 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 575,744575.7k $11.9m $11.9m 0.00% Added +108.7k +108,692
4 COOKSON PEIRCE & CO INC 0.45% of their portfolio PITTSBURGH, PA 487,623487.6k $10.1m $10.1m 0.45% Added +1.8k +1,839
5 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 414,924414.9k $8.6m $8.6m 0.00% Added +407.4k +407,447
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 365,429365.4k $7.6m $7.6m 0.00% Added +300.9k +300,878
7 BCS Wealth Management 1.24% of their portfolio JOHNSON CITY, TN 278,130278.1k $5.8m $5.8m 1.24% Added +24.5k +24,451
8 Equitable Holdings, Inc. 0.04% of their portfolio NEW YORK, NY 225,036225.0k $4.7m $4.7m 0.04% Added +57.0k +57,007
9 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 194,085194.1k $4.0m $4.0m 0.00% Added +2.5k +2,543
10 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 193,928193.9k $4.0m $4.0m 0.01% Added +18.5k +18,539
11 Ledgewood Wealth Advisors, LLC 2.52% of their portfolio EXETER, NH 193,130193.1k $4.0m $4.0m 2.52% Added +925 +925
12 GILL CAPITAL PARTNERS, LLC 1.28% of their portfolio DENVER, CO 192,075192.1k $4.0m $4.0m 1.28% Added +27.4k +27,370
13 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 180,212180.2k $3.7m $3.7m 0.00% Added +105.2k +105,240
14 Addison Advisors LLC 0.85% of their portfolio MIDDLEBURY, VT 163,470163.5k $3.4m $3.4m 0.85% Added +37.2k +37,226
15 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 156,251156.3k $3.2m $3.2m 0.01% New
16 Sanctuary Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 126,411126.4k $2.6m $2.6m 0.02% Added +6.6k +6,646
17 MAI Capital Management 0.02% of their portfolio INDEPENDENCE, OH 123,714123.7k $2.6m $2.6m 0.02% Reduced -11.0k -10,988
18 STEPHENS INC /AR/ 0.03% of their portfolio LITTLE ROCK, AR 121,855121.9k $2.5m $2.5m 0.03% Added +25.0k +24,986
19 Atria Investments, Inc 0.03% of their portfolio Charlotte, NC 120,527120.5k $2.5m $2.5m 0.03% Added +2.0k +2,012
20 Clark Asset Management, LLC 0.34% of their portfolio STRATHAM, NH 120,236120.2k $2.5m $2.5m 0.34% Added +19.2k +19,237
21 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 91,72691.7k $1.9m $1.9m 0.00% Reduced -75.0k -74,971
22 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 82,80482.8k $1.7m $1.7m 0.00% Added +68.9k +68,871
23 Ellevest, Inc. 0.26% of their portfolio NEW YORK, NY 77,19877.2k $1.6m $1.6m 0.26% Added +1.8k +1,842
24 MONECO ADVISORS, LLC 0.15% of their portfolio FAIRFIELD, CT 75,53775.5k $1.6m $1.6m 0.15% Added +37.5k +37,490
25 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 71,61271.6k $1.5m $1.5m 0.00% New
26 HUB Investment Partners, LLC 0.05% of their portfolio AUSTIN, TX 70,76970.8k $1.5m $1.5m 0.05% Added +34.5k +34,540
27 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 65,99366.0k $1.4m $1.4m 0.00% Added +28.3k +28,312
28 FLOW TRADERS U.S. LLC 0.05% of their portfolio NEW YORK, NY 63,54763.5k $1.3m $1.3m 0.05% Reduced -27.3k -27,290
29 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 61,87261.9k $1.3m $1.3m 0.00% New
30 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 60,93160.9k $1.3m $1.3m 0.00% Added +17.3k +17,324
31 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 57,71357.7k $1.2m $1.2m 0.00% Added +913 +913
32 BUTENSKY & COHEN FINANCIAL SECURITY, INC 0.32% of their portfolio PONTE VEDRA BEACH, FL 51,96852.0k $1.1m $1.1m 0.32% Added +4.3k +4,270
33 Farnam Financial LLC 0.96% of their portfolio PHOENIX, AZ 51,60751.6k $1.1m $1.1m 0.96% Added +7.1k +7,057
34 G2 CAPITAL MANAGEMENT, LLC / OH 0.28% of their portfolio COLUMBUS, OH 47,54847.5k $986.6k $986.6k 0.28% New
35 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 46,78446.8k $971.0k $971.0k 0.00% Reduced -1.9k -1,850
36 NOVARE CAPITAL MANAGEMENT LLC 0.08% of their portfolio CHARLOTTE, NC 45,59145.6k $946.0k $946.0k 0.08% Added +9.6k +9,565
37 TLWM 0.17% of their portfolio SAN ANTONIO, TX 43,36243.4k $899.8k $899.8k 0.17% Unchanged
38 J.W. COLE ADVISORS, INC. 0.02% of their portfolio TAMPA, FL 37,59037.6k $780.0k $780.0k 0.02% Added +13.6k +13,553
39 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 30,06030.1k $623.7k $623.7k 0.00% Added +2.2k +2,172
40 AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio DALLAS, TX 23,07623.1k $478.8k $478.8k 0.00% Added +2.2k +2,245
41 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 21,67521.7k $450.0k $450.0k 0.00% Reduced -19.1k -19,130
42 River Wealth Advisors LLC 0.05% of their portfolio CAMP HILL, PA 21,16921.2k $439.3k $439.3k 0.05% Added +3.1k +3,111
43 Asset Dedication, LLC 0.03% of their portfolio SAN FRANCISCO, CA 20,73120.7k $430.2k $430.2k 0.03% Added +8.2k +8,156
44 UBS Group AG 0.00% of their portfolio ZURICH, V8 19,96320.0k $414.2k $414.2k 0.00% Added +3.5k +3,450
45 Opulen Financial Group LLC 0.27% of their portfolio ARLINGTON, VA 15,67715.7k $325.3k $325.3k 0.27% Added +5.2k +5,212
46 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 12,69212.7k $263.4k $263.4k 0.00% Added +3 +3
47 Jacobi Capital Management LLC 0.02% of their portfolio PITTSTON, PA 12,39612.4k $257.2k $257.2k 0.02% Added +123 +123
48 SAWGRASS ASSET MANAGEMENT LLC 0.03% of their portfolio PONTE VEDRA BEACH, FL 12,12812.1k $251.7k $251.7k 0.03% Reduced -4.4k -4,447
49 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 12,07312.1k $250.0k $250.0k 0.00% Added +1.5k +1,487
50 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 11,08111.1k $230.0k $230.0k 0.00% New
51 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 10,39710.4k $215.7k $215.7k 0.00% New
52 Allen Capital Group, LLC 0.02% of their portfolio GRAND ISLAND, NE 10,07610.1k $209.1k $209.1k 0.02% New
53 ETF Store, Inc. 0.24% of their portfolio OVERLAND PARK, KS 9,9419.9k $206.3k $206.3k 0.24% New
54 OPPENHEIMER & CO INC 0.00% of their portfolio NEW YORK, NY 9,6429.6k $200.1k $200.1k 0.00% New
55 First Command Advisory Services, Inc. 0.00% of their portfolio FORT WORTH, TX 9,3789.4k $194.6k $194.6k 0.00% Added +1.2k +1,231
56 YANKCOM Partnership 0.09% of their portfolio Yankton, SD 8,8668.9k $184.0k $184.0k 0.09% Added +7.9k +7,886
57 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 5,2505.2k $108.9k $108.9k 0.00% Unchanged
58 Knights of Columbus Asset Advisors LLC 0.01% of their portfolio NEW HAVEN, CT 4,7744.8k $99.1k $99.1k 0.01% Unchanged
59 Marquette Asset Management, LLC 0.02% of their portfolio MINNEAPOLIS, MN 4,3274.3k $89.8k $89.8k 0.02% Added +18 +18
60 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 3,5923.6k $74.5k $74.5k 0.00% Added +5 +5
61 Independence Bank of Kentucky 0.01% of their portfolio OWENSBORO, KY 3,3893.4k $70.3k $70.3k 0.01% New
62 MONTAG A & ASSOCIATES INC 0.00% of their portfolio ATLANTA, GA 2,5882.6k $53.7k $53.7k 0.00% Unchanged
63 Smithfield Trust Co 0.00% of their portfolio PITTSBURGH, PA 1,0151.0k $21.0k $21.0k 0.00% Reduced -35 -35
64 FMR LLC 0.00% of their portfolio BOSTON, MA 22 $42 $42 0.00% New
65 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged