PZA · Invesco National AMT-Free Municipal Bond ETF ETF

$22.42 +0.02 (+0.09%) At close · Sep 4

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP →

Quarter:

Holders: 2

Total Value: $10,510,640

Total Shares: 446,881

Institutional Ownership Trend

23 quarters

Holder Concentration

Across 2 13F filers · Δ vs Jun 30, 2025

Top Holder

97.3%

+22.0 pts

Top 5

100.0%

+14.2 pts

Top 10

100.0%

+7.9 pts

HHI

9,470

Highly concentrated+3,767

Quarterly Activity

vs Jun 30, 2025

New

1

Increased

1

Decreased

0

Sold Out

64

Unchanged

0

Holder count: -63

Institutional value: -99.2%

Shares held: -99.3%

Top Buyers

vs Jun 30, 2025

Institution	Added	Now Holds	Open
Mega CITADEL ADVISORS LLC	+424,113	434,713

Top Sellers

vs Jun 30, 2025

No qualifying movers this quarter.

Top New Positions

vs Jun 30, 2025

Institution	Acquired	Value (USD)	Open
Small Range Advisory, LLC	12,168	$286,191

Top Sold-Out Positions

vs Jun 30, 2025

Institution	Previously Held	Last Value (USD)	Open
Mega BANK OF AMERICA CORP /DE/	46,490,787	$1,040,928,719
Mega MORGAN STANLEY	1,907,479	$42,708,454
Mega WELLS FARGO & COMPANY/MN	1,773,080	$39,699,259
Large EP Wealth Advisors, LLC	1,527,981	$34,211,494
Mega UBS Group AG	1,291,550	$28,917,804

Filter: New 1 Increased 1 Reduced 0 Sold out 64 Unchanged 0

Showing 4 of 4

All Common Calls Puts

Compact Export CSV

CITADEL ADVISORS LLC PZA

$8,460,449

80.49%

359,713

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	359,713	$8,460,449	100.0%	Defined

CITADEL ADVISORS LLC PZA

$1,025,472

9.76%

43,600

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	43,600	$1,025,472	100.0%	Defined

CITADEL ADVISORS LLC PZA

$738,528

7.03%

31,400

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	31,400	$738,528	100.0%	Defined

Range Advisory, LLC PZA

$286,191

2.72%

12,168

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BANK OF AMERICA NA	356,341	$7,978,474	0.8%	Defined
MERRILL LYNCH, PIERCE, FENNER & SMITH INC.	6,064,402	$135,781,960	13.0%	Defined
U.S. TRUST Co OF DELAWARE	3,000	$67,170	0.0%	Defined
MANAGED ACCOUNT ADVISORS LLC	40,064,544	$897,045,140	86.2%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY SMITH BARNEY LLC	1,907,479	$42,708,454	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO BANK N A	108,523	$2,429,829	6.1%	Defined
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC	214,576	$4,804,356	12.1%	Defined
WELLS FARGO CLEARING SERVICES, LLC	1,315,344	$29,450,552	74.2%	Defined
WELLS FARGO INVESTMENT INSTITUTE, INC.	134,637	$3,014,522	7.6%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Financial Services Inc	1,291,550	$28,917,804	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	1,016,395	$22,757,084	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Ameriprise Financial Services, LLC joint	871,247	$19,507,219	97.3%	Defined
Ameriprise Bank, FSB	24,498	$548,510	2.7%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STIFEL NICOLAUS & CO INC \MO\	756,391	$16,935,594	94.9%	Defined
EquityCompass Investment Management	16,766	$375,390	2.1%	Defined
Stifel Independent Advisors, LLC	2,022	$45,272	0.3%	Defined
1919 Investment Counsel, LLC	1,186	$26,554	0.1%	Defined
Stifel Trust Company, N.A.	20,360	$455,860	2.6%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RAYMOND JAMES & ASSOCIATES	353,033	$7,904,408	53.3%	Defined
Raymond James Financial Services Advisors, Inc.	247,934	$5,551,242	37.4%	Defined
RAYMOND JAMES TRUST N.A.	61,758	$1,382,761	9.3%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
OSAIC WEALTH, INC.	508,986	$11,396,196	94.0%	Defined
OSAIC INSTITUTIONS, INC.	433	$9,694	0.1%	Defined
Osaic Advisory Services, LLC	31,839	$712,875	5.9%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GOLDMAN SACHS & CO. LLC	496,481	$11,116,209	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
ROCKEFELLER & CO. LLC	99,099	$2,218,826	23.5%	Defined
Rockefeller Trust Co (Delaware)	30,364	$679,849	7.2%	Defined
ROCKEFELLER FINANCIAL LLC	292,693	$6,553,396	69.3%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RBC Capital Markets, LLC	248,646	$5,567,183	93.4%	Defined
RBC Dominion Securities Inc.	5,481	$122,719	2.1%	Defined
RBC Trust Co (Delaware) Ltd	10,758	$240,871	4.0%	Defined
CITY NATIONAL ROCHDALE, LLC	1,240	$27,763	0.5%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Congress Asset Managemenet	122,796	$2,749,402	100.0%	Other

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
FIRST FOUNDATION BANK	16,700	$373,913	13.8%	Defined
Held directly	104,292	$2,335,097	86.2%	Sole

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Edward D. Jones & Co., L.P.	97,972	$2,193,593	100.0%	Sole

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
55I, LLC	82,626	$1,849,996	92.4%	Sole
Held directly	6,755	$151,244	7.6%	Sole

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	82,932	$1,856,847	100.0%	Other

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Lebenthal Diversified Asset Management Inc.	72,197	$1,616,490	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Mariner Independent Advisor Network, LLC	18,408	$412,155	100.0%	Other

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Thrivent Investment Management Inc	18,151	$406,400	100.0%	Sole

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
CARY STREET PARTNERS INVESTMENT ADVISORY LLC	11,374	$254,663	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
ANCORA FAMILY WEALTH ADVISORS, LLC	6,913	$154,782	100.0%	Sole

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STRATEGIC ADVISERS LLC	6,740	$150,908	99.9%	Defined
Held directly	9	$201	0.1%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MERRILL LYNCH INTERNATIONAL	2,500	$55,975	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Tower Research Capital Investments LLC	3	$67	100.0%	Other