Vault-13

INVESCO EXCH TRD SLF IDX FD BSCY

BULLETSHARES 203 · ETP · CUSIP 46139W783

89 institutional holders +1 vs Q4 2025
18,422,92518.4m shares reported held*
$382.0mreported value*
10 new 58 added 12 reduced 9 sold out net bought ≈ $94.1m (+4.5m 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 ≈ $20.73.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

050100Q2 24: 1Q3 24: 16Q4 24: 49Q1 25: 58Q2 25: 65Q3 25: 78Q4 25: 88Q1 26: 8989Q2 24Q4 24Q2 25Q4 25Q1 26
Numbers
QuarterHolders
Q2 20241
Q3 202416
Q4 202449
Q1 202558
Q2 202565
Q3 202578
Q4 202588
Q1 202689

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 outQ1 25: 48 bought or addedQ1 25: 8 cut or sold outQ1 25Q2 25: 52 bought or addedQ2 25: 11 cut or sold outQ3 25: 63 bought or addedQ3 25: 8 cut or sold outQ3 25Q4 25: 68 bought or addedQ4 25: 16 cut or sold outQ1 26: 68 bought or addedQ1 26: 21 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024140
Q4 2024461
Q1 2025488
Q2 20255211
Q3 2025638
Q4 20256816
Q1 20266821

Biggest buyers

Aptus Capital Advisors, LLC Added +1,713,746+1.7m
UBS Group AG Added +1,249,430+1.2m
WELLS FARGO & COMPANY/MN Added +300,840+300.8k
Janney Montgomery Scott LLC New +259,076+259.1k
RAYMOND JAMES FINANCIAL INC Added +183,326+183.3k
MORGAN STANLEY Added +181,373+181.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +161,612+161.6k
LPL Financial LLC Added +157,784+157.8k
CITADEL ADVISORS LLC Added +83,374+83.4k
Modern Wealth Management, LLC Added +82,228+82.2k

Biggest sellers

BCS Wealth Management Reduced -327,143-327.1k
JPMORGAN CHASE & CO Sold out -168,164-168.2k
LeClair Wealth Partners LLC Sold out -113,099-113.1k
GOLDMAN SACHS GROUP INC Sold out -71,612-71.6k
J.W. COLE ADVISORS, INC. Sold out -47,628-47.6k
FLOW TRADERS U.S. LLC Sold out -39,285-39.3k
Equitable Holdings, Inc. Reduced -23,210-23.2k
Diversified Portfolios, Inc. Sold out -14,036-14.0k
Concurrent Investment Advisors, LLC Sold out -10,048-10.0k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -8,172-8.2k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Aptus Capital Advisors, LLC 0.60% of their portfolio FAIRHOPE, AL 3,451,8243.5m $71.4m $71.4m 0.60% Added +1.7m +1,713,746
2 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 2,701,4782.7m $55.9m $55.9m 0.02% Added +183.3k +183,326
3 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,298,6001.3m $26.9m $26.9m 0.00% Added +1.2m +1,249,430
4 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 1,231,3901.2m $25.5m $25.5m 0.01% Added +157.8k +157,784
5 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,151,9361.2m $23.8m $23.8m 0.00% Added +300.8k +300,840
6 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 876,398876.4k $18.1m $18.1m 0.00% Added +44.9k +44,898
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 700,345700.3k $14.5m $14.5m 0.00% Added +181.4k +181,373
8 COOKSON PEIRCE & CO INC 0.45% of their portfolio PITTSBURGH, PA 508,101508.1k $10.5m $10.5m 0.45% Added +3.4k +3,404
9 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 346,286346.3k $7.1m $7.1m 0.00% Added +66.8k +66,850
10 BCS Wealth Management 1.43% of their portfolio JOHNSON CITY, TN 339,077339.1k $7.0m $7.0m 1.43% Reduced -327.1k -327,143
11 Clark Asset Management, LLC 0.63% of their portfolio STRATHAM, NH 323,095323.1k $6.7m $6.7m 0.63% Added +62.6k +62,601
12 Addison Advisors LLC 1.23% of their portfolio MIDDLEBURY, VT 269,234269.2k $5.6m $5.6m 1.23% Added +24.2k +24,220
13 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 259,076259.1k $5.4m $5.4m 0.01% New
14 Equitable Holdings, Inc. 0.03% of their portfolio NEW YORK, NY 254,245254.2k $5.3m $5.3m 0.03% Reduced -23.2k -23,210
15 GILL CAPITAL PARTNERS, LLC 1.42% of their portfolio DENVER, CO 237,746237.7k $4.9m $4.9m 1.42% Added +10.9k +10,866
16 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 237,616237.6k $4.9m $4.9m 0.00% Added +28.7k +28,659
17 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 230,755230.8k $4.8m $4.8m 0.00% Added +80.2k +80,182
18 Ledgewood Wealth Advisors, LLC 2.38% of their portfolio EXETER, NH 204,212204.2k $4.2m $4.2m 2.38% Added +2.0k +2,032
19 STEPHENS INC /AR/ 0.05% of their portfolio LITTLE ROCK, AR 203,368203.4k $4.2m $4.2m 0.05% Added +26.1k +26,056
20 Modern Wealth Management, LLC 0.07% of their portfolio KANSAS CITY, MO 200,676200.7k $4.2m $4.2m 0.07% Added +82.2k +82,228
21 MAI Capital Management 0.02% of their portfolio INDEPENDENCE, OH 189,833189.8k $3.9m $3.9m 0.02% Added +50.2k +50,188
22 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 161,612161.6k $3.3m $3.3m 0.00% New
23 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 160,262160.3k $3.3m $3.3m 0.00% Added +23.0k +23,012
24 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 159,995160.0k $3.3m $3.3m 0.00% Added +54.9k +54,896
25 Sanctuary Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 149,809149.8k $3.1m $3.1m 0.02% Reduced -2.2k -2,248
26 Asset Dedication, LLC 0.21% of their portfolio SAN FRANCISCO, CA 146,987147.0k $3.0m $3.0m 0.21% Added +38.1k +38,091
27 Atria Investments, Inc 0.03% of their portfolio Charlotte, NC 134,605134.6k $2.8m $2.8m 0.03% Reduced -4.8k -4,834
28 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 131,185131.2k $2.7m $2.7m 0.00% Added +49.5k +49,538
29 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 124,284124.3k $2.6m $2.6m 0.00% Added +10.9k +10,923
30 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 116,822116.8k $2.4m $2.4m 0.00% Added +83.4k +83,374
31 Carroll Advisory Group, LLC 0.93% of their portfolio TEXARKANA, TX 115,277115.3k $2.4m $2.4m 0.93% Added +34.0k +34,019
32 NorthAvenue LLC 1.83% of their portfolio COLUMBUS, OH 111,376111.4k $2.3m $2.3m 1.83% Added +27.8k +27,848
33 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 94,46394.5k $2.0m $2.0m 0.00% Added +6.5k +6,512
34 Ellevest, Inc. 0.27% of their portfolio NEW YORK, NY 92,24292.2k $1.9m $1.9m 0.27% Reduced -236 -236
35 Infinity Wealth Counsel, LLC 1.74% of their portfolio Loveland, OH 91,62091.6k $1.9m $1.9m 1.74% Added +1.9k +1,910
36 MONECO ADVISORS, LLC 0.14% of their portfolio FAIRFIELD, CT 86,01486.0k $1.8m $1.8m 0.14% Reduced -123 -123
37 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 79,11279.1k $1.6m $1.6m 0.00% Added +41.3k +41,260
38 NOVARE CAPITAL MANAGEMENT LLC 0.12% of their portfolio CHARLOTTE, NC 73,89173.9k $1.5m $1.5m 0.12% Added +3.5k +3,452
39 River Wealth Advisors LLC 0.17% of their portfolio CAMP HILL, PA 73,36273.4k $1.5m $1.5m 0.17% Added +37.9k +37,934
40 HUB Investment Partners, LLC 0.04% of their portfolio AUSTIN, TX 72,14872.1k $1.5m $1.5m 0.04% Added +4.3k +4,348
41 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 68,70568.7k $1.4m $1.4m 0.01% Added +2.2k +2,219
42 BUTENSKY & COHEN FINANCIAL SECURITY, INC 0.37% of their portfolio PONTE VEDRA BEACH, FL 68,02068.0k $1.4m $1.4m 0.37% Added +5.9k +5,931
43 Farnam Financial LLC 1.07% of their portfolio PHOENIX, AZ 62,83462.8k $1.3m $1.3m 1.07% Added +6.7k +6,730
44 Independent Advisor Alliance 0.01% of their portfolio CHARLOTTE, NC 58,50658.5k $1.2m $1.2m 0.01% New
45 Golden Reserve Retirement LLC 0.22% of their portfolio DUBLIN, OH 51,57451.6k $1.1m $1.1m 0.22% Added +30.0k +29,984
46 G2 CAPITAL MANAGEMENT, LLC / OH 0.25% of their portfolio COLUMBUS, OH 49,29049.3k $1.0m $1.0m 0.25% Added +567 +567
47 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 47,09647.1k $974.8k $974.8k 0.00% Reduced -5.1k -5,099
48 SAWGRASS ASSET MANAGEMENT LLC 0.15% of their portfolio PONTE VEDRA BEACH, FL 46,87846.9k $970.3k $970.3k 0.15% Unchanged
49 Farther Finance Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 41,04341.0k $850.2k $850.2k 0.01% New
50 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 39,64939.6k $820.6k $820.6k 0.00% Added +3.0k +3,037
51 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 35,48235.5k $734.4k $734.4k 0.00% Added +2.0k +1,969
52 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 32,22832.2k $667.1k $667.1k 0.00% Added +25.6k +25,628
53 Independence Bank of Kentucky 0.08% of their portfolio OWENSBORO, KY 29,14829.1k $603.3k $603.3k 0.08% Added +17.3k +17,279
54 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 27,82727.8k $576.0k $576.0k 0.00% New
55 Wilkins Miller Wealth Management, LLC 0.34% of their portfolio MOBILE, AL 26,90426.9k $556.9k $556.9k 0.34% Added +3.8k +3,776
56 Sequoia Financial Advisors, LLC 0.00% of their portfolio Akron, OH 23,73023.7k $491.2k $491.2k 0.00% Unchanged
57 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 22,89022.9k $473.8k $473.8k 0.00% Added +6 +6
58 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 21,54521.5k $445.9k $445.9k 0.00% Added +678 +678
59 Avior Wealth Management, LLC 0.01% of their portfolio OMAHA, NE 19,95120.0k $413.0k $413.0k 0.01% New
60 Hobbs Group Advisors, LLC 0.12% of their portfolio COLUMBIA, SC 19,89219.9k $411.7k $411.7k 0.12% Added +222 +222
61 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 19,87419.9k $411.0k $411.0k 0.00% Added +7.2k +7,213
62 Opulen Financial Group LLC 0.28% of their portfolio ARLINGTON, VA 19,49519.5k $403.5k $403.5k 0.28% Added +2.8k +2,821
63 DAVIS R M INC 0.01% of their portfolio PORTLAND, ME 18,87818.9k $390.7k $390.7k 0.01% Added +5.1k +5,093
64 Paradigm, Strategies in Wealth Management, LLC 0.26% of their portfolio Maple Grove, MN 18,60618.6k $385.1k $385.1k 0.26% Added +2.3k +2,294
65 Allen Capital Group, LLC 0.03% of their portfolio GRAND ISLAND, NE 16,79316.8k $347.6k $347.6k 0.03% Added +1.7k +1,691
66 YANKCOM Partnership 0.14% of their portfolio Yankton, SD 16,46916.5k $340.9k $340.9k 0.14% Added +1.9k +1,900
67 Legacy Wealth Partners, LLC 0.08% of their portfolio Lakewood, CO 16,30416.3k $337.5k $337.5k 0.08% Reduced -408 -408
68 Global Wealth Strategies & Associates 0.07% of their portfolio DENVER, CO 14,27614.3k $295.5k $295.5k 0.07% Reduced -1.4k -1,449
69 Jacobi Capital Management LLC 0.02% of their portfolio PITTSTON, PA 14,26514.3k $295.3k $295.3k 0.02% Added +433 +433
70 Redmond Asset Management, LLC 0.07% of their portfolio HENRICO, VA 13,27013.3k $274.7k $274.7k 0.07% Added +3.7k +3,658
71 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 12,83112.8k $266.6k $266.6k 0.00% Reduced -8.2k -8,172
72 KESTRA PRIVATE WEALTH SERVICES, LLC 0.00% of their portfolio AUSTIN, TX 11,87111.9k $245.7k $245.7k 0.00% Added +694 +694
73 ETF Store, Inc. 0.23% of their portfolio OVERLAND PARK, KS 11,29211.3k $233.7k $233.7k 0.23% Added +637 +637
74 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 11,09011.1k $229.5k $229.5k 0.00% Reduced -1.4k -1,382
75 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 10,84410.8k $224.4k $224.4k 0.00% Added +867 +867
76 First Command Advisory Services, Inc. 0.00% of their portfolio FORT WORTH, TX 10,29910.3k $213.2k $213.2k 0.00% Added +214 +214
77 Waverly Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 9,8459.8k $203.8k $203.8k 0.00% New
78 Davis Capital Management 0.09% of their portfolio JACKSONVILLE, FL 6,3166.3k $130.7k $130.7k 0.09% Added +365 +365
79 Knights of Columbus Asset Advisors LLC 0.01% of their portfolio NEW HAVEN, CT 4,7744.8k $98.8k $98.8k 0.01% Unchanged
80 Marquette Asset Management, LLC 0.01% of their portfolio MINNEAPOLIS, MN 4,6684.7k $96.6k $96.6k 0.01% Unchanged
81 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 2,2212.2k $46.0k $46.0k 0.00% New
82 Keating Financial Advisory Services, Inc. 0.00% of their portfolio MANHATTAN, KS 1,3351.3k $27.6k $27.6k 0.00% Unchanged
83 Intentional Wealth Strategies, LLC 0.03% of their portfolio COLORADO SPRINGS, CO 1,3291.3k $27.5k $27.5k 0.03% First filing
84 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 1,2481.2k $25.8k $25.8k 0.00% Reduced -2.1k -2,136
85 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 1,1781.2k $24.4k $24.4k 0.00% Unchanged
86 Smithfield Trust Co 0.00% of their portfolio PITTSBURGH, PA 1,0311.0k $21.0k $21.0k 0.00% Unchanged
87 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio ORLANDO, FL 657657 $13.6k $13.6k 0.00% Unchanged
88 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 445445 $9.2k $9.2k 0.00% New
89 Key Financial Inc 0.00% of their portfolio WEST CHESTER, PA 100100 $2.1k $2.1k 0.00% New