Invesco National Amt-Free MuPZAETF
13F holders, Q4 2025 (December 31)268holders +18
23new positions
25sold out
3famous investors
$23.19avg. 13F price*
At the end of Q4 2025, 268 institutions reported holding Invesco National Amt-Free Mu (PZA) in their 13F filings, up 18 from Q3 2025. 23 opened new positions and 25 sold out. The largest holders were Bank of America Corp. ($1.2B), Cliftonlarsonallen Wealth Advisors, LLC ($100.2M) and Richard Bernstein Advisors LLC ($70.5M). 3 famous investors held it, including Ken Griffin (0.0% of Citadel Advisors's portfolio), Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio) and Jeremy Grantham (0.0% of GMO's portfolio).
- Company
- Invesco National Amt-Free Mu
- CUSIP
- 46138E537
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 23 | $48.0M |
| Exits | 25 | $134.2M |
All 13F filers, Q3 2025 → Q4 2025: 6,609,728 shares bought and 8,287,820 shares sold, net −1,678,092 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 268 holders
| Bank of America Corp. | 0.09% | Reduce -1.4% | 52,186,296 | $1.2B |
| Cliftonlarsonallen Wealth Advisors, LLC | 1.51% | Add +4.2% | 4,321,626 | $100.2M |
| Richard Bernstein Advisors LLC | 2.07% | Reduce -1.0% | 3,040,662 | $70.5M |
| LPL Financial LLC | 0.02% | Reduce -0.8% | 2,618,017 | $60.7M |
| Envestnet Asset Management Inc. | 0.02% | Reduce -7.2% | 2,565,135 | $59.5M |
| Bank of New York Mellon Corp | 0.01% | Add +8.6% | 2,465,871 | $57.2M |
| Jane Street Group, LLC | 0.07% | Add +374.2% | 2,447,309 | $56.8M |
| Morgan Stanley | 0.00% | Reduce -15.4% | 1,899,820 | $44.1M |
| UBS Group AG | 0.01% | Reduce -0.4% | 1,890,387 | $43.8M |
| Northwestern Mutual Wealth Management Co. | 0.03% | Add +19.4% | 1,877,361 | $43.5M |
| EP Wealth Advisors, LLC | 0.19% | — | 1,602,126 | $37.2M |
| Composition Wealth, LLC | 0.46% | Add +10.2% | 1,394,378 | $32.3M |
| Wells Fargo & Company | 0.01% | Add +3.9% | 1,393,723 | $32.3M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.01% | New | 1,076,590 | $25.0M |
| Stifel Financial Corp. | 0.02% | Add +0.5% | 884,956 | $20.5M |
| Ameriprise Financial Inc. | 0.00% | Reduce -6.0% | 817,631 | $19.0M |
| JPMorgan Chase & Co. | 0.00% | Add +41.9% | 712,394 | $16.5M |
| Cetera Investment Advisers | 0.02% | Reduce -2.2% | 704,469 | $16.3M |
| Gerber Kawasaki Wealth & Investment Management | 0.55% | Add +0.3% | 679,313 | $15.8M |
| Citadel Advisors | 0.01% | New | 658,401 | $15.3M |
| Stratos Wealth Partners, LTD. | 0.16% | Add +14.9% | 607,887 | $14.1M |
| Raymond James Financial Inc. | 0.00% | Reduce -0.7% | 604,671 | $14.0M |
| Sanctuary Advisors, LLC | 0.06% | Add +14.5% | 507,004 | $11.8M |
| Allworth Financial LP | 0.05% | Add +8.4% | 492,908 | $11.4M |
| Avidian Wealth Enterprises, LLC | 0.41% | Add +0.0% | 486,734 | $11.3M |
| Sofi Wealth, LLC | 0.56% | Add +9.6% | 480,472 | $11.1M |
| Osaic Holdings, Inc. | 0.02% | Reduce -18.2% | 472,724 | $11.0M |
| IHT Wealth Management, LLC | 0.23% | Add +19.9% | 402,908 | $9.3M |
| Commonwealth Equity Services, LLC | 0.01% | Reduce -4.5% | 393,122 | $9.1M |
| Rockefeller Capital Management L.P. | 0.02% | Reduce -5.7% | 377,673 | $8.8M |
| PNC Financial Services Group, Inc. | 0.00% | Add +14.0% | 371,612 | $8.6M |
| Assetmark, Inc. | 0.02% | Reduce -0.2% | 356,463 | $8.3M |
| US Bancorp \de | 0.01% | Add +10.7% | 341,052 | $7.9M |
| Goodman Advisory Group, LLC | 1.84% | Add +88.3% | 321,591 | $7.5M |
| Royal Bank of Canada | 0.00% | Add +24.2% | 319,334 | $7.4M |
| MML Investors Services, LLC | 0.02% | Add +20.4% | 292,528 | $6.8M |
| Renaissance Technologies | 0.01% | Reduce -33.0% | 288,900 | $6.7M |
| Comerica Bank | 0.02% | Add +1.1% | 268,421 | $6.2M |
| Tortoise Investment Management, LLC | 0.53% | Reduce -2.2% | 258,557 | $6.0M |
| Stewardship Advisors, LLC | 1.32% | Reduce -25.0% | 247,064 | $5.7M |
| Anderson Hoagland & Co. | 0.49% | Reduce -0.2% | 244,125 | $5.7M |
| Trustmark Bank Trust Department | 0.34% | Reduce -13.1% | 232,625 | $5.4M |
| Integrated Wealth Concepts LLC | 0.06% | Add +25.3% | 221,572 | $5.1M |
| Wealth Enhancement Advisory Services, LLC | 0.01% | Reduce -10.3% | 220,694 | $5.1M |
| Traphagen Investment Advisors LLC | 0.41% | Reduce -4.2% | 216,475 | $5.0M |
| Confluence Investment Management LLC | 0.07% | Reduce -3.5% | 213,404 | $4.9M |
| Shepherd Financial Partners LLC | 0.43% | Add +8.9% | 202,280 | $4.7M |
| 1900 Wealth Management LLC | 0.28% | Add +2.0% | 190,137 | $4.4M |
| Moneta Group Investment Advisors LLC | 0.03% | Add +3.6% | 187,299 | $4.3M |
| Petix & Botte Co | 0.96% | Add +4.2% | 182,268 | $4.2M |
| McAdam, LLC | 0.18% | Reduce -3.6% | 166,678 | $3.9M |
| Private Advisor Group, LLC | 0.02% | Add +2.5% | 165,451 | $3.8M |
| TD Private Client Wealth LLC | 0.08% | Reduce -2.6% | 157,959 | $3.7M |
| Truist Financial Corp. | 0.00% | Add +3.0% | 156,778 | $3.6M |
| Seeds Investor LLC | 0.68% | Add +11.2% | 153,535 | $3.6M |
| Connecticut Capital Management Group, LLC | 3.39% | — | 152,850 | $3.5M |
| Entrust Financial LLC | 2.51% | — | 145,416 | $3.4M |
| Old Mission Capital LLC | 0.13% | Add +781.7% | 140,794 | $3.3M |
| Jones Financial Companies LLLP | 0.00% | Add +6.4% | 128,699 | $3.0M |
| AE Wealth Management LLC | 0.02% | Add +76.3% | 127,728 | $3.0M |
| Meadowbrook Advisors Group, LLC | 1.55% | — | 118,656 | $2.8M |
| Ashton Thomas Securities, LLC | 0.47% | Reduce -35.9% | 107,009 | $2.5M |
| Concurrent Investment Advisors, LLC | 0.03% | Add +44.2% | 97,793 | $2.3M |
| SteelPeak Wealth, LLC | 0.07% | Reduce -2.3% | 95,245 | $2.2M |
| Rochester Wealth Strategies, LLC | 1.37% | Reduce -5.3% | 93,903 | $2.2M |
| Leeward Financial Partners, LLC | 0.61% | Add +0.3% | 93,767 | $2.2M |
| Northeast Financial Group, Inc. | 0.53% | Add +9.3% | 91,234 | $2.1M |
| Collaborative Wealth Managment Inc. | 0.73% | Reduce -2.3% | 89,747 | $2.1M |
| Ascent Group, LLC | 0.07% | Add +181.2% | 89,360 | $2.1M |
| First Foundation Advisors | 0.08% | Reduce -4.7% | 88,495 | $2.1M |
| Park Avenue Securities LLC | 0.02% | Reduce -41.7% | 87,462 | $2.0M |
| Vestmark Advisory Solutions, Inc. | 0.03% | Add +188.3% | 87,426 | $2.0M |
| Principal Securities, Inc. | 0.03% | Reduce -1.0% | 87,296 | $2.0M |
| First Heartland Consultants, Inc. | 0.15% | Reduce -1.0% | 85,892 | $2.0M |
| West Wealth Group, LLC | 0.41% | Add +21.7% | 84,452 | $2.0M |
| Flow Traders U.S. LLC | 0.06% | New | 80,624 | $1.9M |
| Waverly Advisors, LLC | 0.02% | Add +34.8% | 80,582 | $1.9M |
| Advisory Services Network, LLC | 0.03% | Reduce -4.4% | 78,737 | $1.8M |
| Simon Quick Advisors, LLC | 0.08% | Reduce -71.6% | 74,617 | $1.7M |
| Quadrature Capital Ltd | 0.02% | Add +572.4% | 73,390 | $1.7M |
| Per Stirling Capital Management, LLC. | 0.19% | Add +62.0% | 72,329 | $1.7M |
| Vise Technologies, Inc. | 0.03% | Reduce -2.7% | 67,637 | $1.6M |
| Ssa Swiss Advisors AG | 0.72% | Reduce -4.0% | 66,770 | $1.5M |
| Susquehanna International Group, LLP | 0.00% | Add +337.0% | 66,103 | $1.5M |
| Cambridge Investment Research Advisors, Inc. | 0.00% | Add +21.0% | 62,407 | $1.4M |
| GMO | 0.00% | New | 61,796 | $1.4M |
| Clark Capital Management Group, Inc. | 0.01% | Reduce -48.9% | 60,984 | $1.4M |
| Quadrant Private Wealth Management, LLC | 0.23% | Add +61.9% | 59,773 | $1.4M |
| Synergy Investment Management, LLC | 0.48% | Add +29.0% | 58,821 | $1.4M |
| Tower Research Capital LLC (TRC) | 0.03% | Add +83857.1% | 58,770 | $1.4M |
| Elevation Point Wealth Partners, LLC | 0.06% | Reduce -1.6% | 57,340 | $1.3M |
| Garden State Investment Advisory Services LLC | 0.32% | Add +1.0% | 57,327 | $1.3M |
| Perennial Investment Advisors, LLC | 0.10% | Add +31.9% | 55,015 | $1.3M |
| Flynn Zito Capital Management, LLC | 0.45% | Reduce -8.9% | 54,256 | $1.3M |
| HighTower Advisors, LLC | 0.00% | Add +72.6% | 53,778 | $1.2M |
| Fiduciary Trust Co | 0.01% | No change | 50,000 | $1.2M |
| Choreo, LLC | 0.01% | No change | 49,471 | $1.1M |
| NewEdge Advisors, LLC | 0.00% | Add +123.3% | 48,032 | $1.1M |
| FOCUS Wealth Advisors, LLC | 0.51% | Add +4.9% | 47,536 | $1.1M |
| Keybank National Association | 0.00% | Reduce -2.5% | 46,154 | $1.1M |
"% of holder's portfolio" is PZA's weight in each manager's 13F, not the share of Invesco National Amt-Free Mu the manager owns.