Invesco BulletShares 2028 High Yield Corporate Bond

BSJS • NASDAQ

Invesco BulletShares 2028 High Yield Corporate Bond is an exchange-traded fund on NASDAQ. As of Q3 2025, 119 institutional investors hold shares in this ETF, with total holdings valued at $276.1M. LPL Financial LLC is the largest holder with a position valued at $39.3M.

Overview

Overview of institutional ownership in BSJS as of Q3 2025

All Institutions

Institutions: 119
Value Held: $276.1M
Shares Held: 12.5M
Avg Position: $2.3M
Median Position: $641.1K

Hedge Funds

Hedge Funds: 1
Value Held: $478.2K
Shares Held: 21.7K
Avg Position: $478.2K
Median Position: $478.2K

Biggest Investors

Institutions with the largest positions in BSJS as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
L LPL Financial LLC Institution	-	$39.3M 0.01% of portfolio	1.8M shares	Q3 2022 Held for 3y 2m	$340.07B
WELLS FARGO & COMPANY/MN Institution	Charles W. Scharf CEO	$19.9M 0.00% of portfolio	900.4K shares	Q2 2021 Held for 4y 5m	$488.61B
RAYMOND JAMES FINANCIAL INC RIA/Wealth	Steven Robert Marcus CEO	$18.8M 0.01% of portfolio	851.3K shares	Q4 2024 Held for 11 months	$310.43B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$11.3M 0.00% of portfolio	511.7K shares	Q3 2021 Held for 4y 2m	$1.65T
Cetera Investment Advisers RIA/Wealth	Joseph Daniel Neary CEO	$10.3M 0.01% of portfolio	465.6K shares	Q1 2024 Held for 1y 8m	$85.4B
CAPTRUST FINANCIAL ADVISORS RIA/Wealth	James Fielding Miller CEO	$9.9M 0.02% of portfolio	450.2K shares	Q4 2024 Held for 11 months	$48.9B
T TCG Advisory Services, LLC RIA/Wealth	Jeffrey Donald Sharp CEO	$9.8M 0.36% of portfolio	442.2K shares	Q1 2023 Held for 2y 8m	$2.7B
MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth	Charles David Welling CEO	$9.7M 0.02% of portfolio	440.6K shares	Q2 2023 Held for 2y 5m	$59.9B
UBS Group AG Institution	Sergio P. Ermotti CEO	$9.4M 0.00% of portfolio	425.0K shares	Q1 2022 Held for 3y 8m	$511.54B
SFE Investment Counsel RIA/Wealth	Charles Eustis Bohlen President	$8.1M 1.30% of portfolio	368.5K shares	Q4 2022 Held for 2y 11m	$626.3M

Net Capital Flow

Institutional buying and selling activity for BSJS in Q3 2025

Net Flow: +$32.4M
Buyers: 69
Sellers: 25
Total Bought: +$50.7M
Total Sold: −$18.3M
Avg Position: $2.3M

Biggest Buyers

Institution	Net Bought	Current Position
RAYMOND JAMES FINANCIAL INC RIA/Wealth	+$15.3M +695.1K shares	$18.8M 851.3K shares
L LPL Financial LLC Institution	+$8.8M +396.6K shares	$39.3M 1.8M shares
CAPTRUST FINANCIAL ADVISORS RIA/Wealth	+$4.2M +190.3K shares	$9.9M 450.2K shares
WELLS FARGO & COMPANY/MN Institution	+$3.4M +153.1K shares	$19.9M 900.4K shares
T TCG Advisory Services, LLC RIA/Wealth	+$3.2M +142.8K shares	$9.8M 442.2K shares
MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth	+$2.2M +99.4K shares	$9.7M 440.6K shares
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth	+$2.1M +94.1K shares	$4.2M 189.5K shares
A Advisor Group Holdings, Inc. Institution	+$1.3M +60.6K shares	$5.2M 233.8K shares
Cetera Investment Advisers RIA/Wealth	+$930.8K +42.2K shares	$10.3M 465.6K shares
R ROYAL BANK OF CANADA Institution	+$834.9K +37.8K shares	$5.2M 235.6K shares

Biggest Sellers

Institution	Net Sold	Current Position
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	−$6.4M −290.4K shares	$4.3M 195.1K shares
L Leo Wealth, LLC Institution	−$4.8M −217.2K shares	Sold Off 0 shares
Summit Investment Advisory Services, LLC RIA/Wealth	−$2.5M −112.9K shares	Sold Off 0 shares
Equitable Holdings, Inc. Institution	−$1.3M −59.2K shares	$6.3M 284.4K shares
J JANE STREET GROUP, LLC Institution	−$611.1K −27.7K shares	Sold Off 0 shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$558.9K −25.3K shares	Sold Off 0 shares
Steward Partners Investment Advisory, LLC RIA/Wealth	−$522.3K −23.7K shares	$6.3M 283.4K shares
Siligmueller & Norvid Wealth Advisors LLC RIA/Wealth	−$495.1K −22.5K shares	Sold Off 0 shares
STEPHENS INC /AR/ RIA/Wealth	−$352.9K −16.0K shares	Sold Off 0 shares
MONECO Advisors, LLC RIA/Wealth	−$145.0K −6.6K shares	$418.1K 18.9K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited BSJS in Q3 2025

New Positions: 10
New Value: $12.2M
Exited Positions: 9
Exited Value: $9.4M

New Positions

Institution	Position Value
A ATRIA INVESTMENTS LLC Institution	$3.4M 155.9K shares
Mariner Wealth Advisors, LLC RIA/Wealth	$3.3M 150.1K shares
PREVAIL INNOVATIVE WEALTH ADVISORS, LLC RIA/Wealth	$1.5M 69.7K shares
Kovitz Investment Group Partners, LLC RIA/Wealth	$1.3M 59.3K shares
ABSOLUTE CAPITAL MANAGEMENT, LLC RIA/Wealth	$1.3M 58.1K shares
Axim Planning & Wealth RIA/Wealth	$610.6K 27.7K shares
Hobbs Group Advisors, LLC RIA/Wealth	$378.6K 17.1K shares
Evanson Asset Management, LLC RIA/Wealth	$255.9K 11.6K shares
CX Institutional RIA/Wealth	$41.0K 1.9K shares
CoreCap Advisors, LLC RIA/Wealth	$30.9K 1.4K shares

Exited Positions

Institution	Previous Position
L Leo Wealth, LLC Institution	$4.8M 217.2K shares
Summit Investment Advisory Services, LLC RIA/Wealth	$2.5M 112.9K shares
J JANE STREET GROUP, LLC Institution	$611.1K 27.7K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$558.9K 25.3K shares
Siligmueller & Norvid Wealth Advisors LLC RIA/Wealth	$495.1K 22.5K shares
STEPHENS INC /AR/ RIA/Wealth	$352.9K 16.0K shares
MorganRosel Wealth Management, LLC RIA/Wealth	$130.3K 5.9K shares
SRS Capital Advisors, Inc. RIA/Wealth	$10.4K 471.0 shares
GUARDIAN WEALTH ADVISORS, LLC / NC RIA/Wealth	$9.9K 450.0 shares

Options Activity

Institutions with the largest Call and Put options positions in BSJS as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with BSJS as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
G GPM Growth Investors, Inc. RIA/Wealth	Timothy Griffin President	1.83% $4.8M	215.7K shares	Q2 2024 Held for 1y 5m	$259.9M
FINANCIAL ADVISORY CORP /UT/ /ADV RIA/Wealth	Markell Anthony Staffieri CEO	1.40% $4.8M	218.5K shares	Q4 2023 Held for 1y 11m	$345.3M
SFE Investment Counsel RIA/Wealth	Charles Eustis Bohlen President	1.30% $8.1M	368.5K shares	Q4 2022 Held for 2y 11m	$626.3M
H HOWARD WEALTH MANAGEMENT, LLC RIA/Wealth	Brett Lee Howard Managing Partner	1.21% $2.6M	119.3K shares	Q3 2024 Held for 1y 2m	$217.5M
Oder Investment Management, LLC RIA/Wealth	Joshua Kenneth Oder CCO	0.80% $1.1M	50.7K shares	Q4 2024 Held for 11 months	$139.3M
T Turning Point Benefit Group, Inc. Institution	-	0.69% $1.1M	51.4K shares	Q1 2025 Held for 8 months	$165.6M
Strait & Sound Wealth Management LLC RIA/Wealth	Todd Alan Sixt CEO	0.61% $1.6M	71.8K shares	Q4 2024 Held for 11 months	$260.6M
Sound Stewardship, LLC RIA/Wealth	Matthew Johnne Syverson Member	0.59% $1.2M	55.6K shares	Q1 2025 Held for 8 months	$208.4M
ABSOLUTE CAPITAL MANAGEMENT, LLC RIA/Wealth	Phillip Brenden Gebben CEO	0.55% $1.3M	58.1K shares	Q3 2025 Held for 2 months	$232.2M
S.E.E.D. Planning Group LLC RIA/Wealth	Travis Ed Maus CEO	0.50% $1.7M	77.1K shares	Q4 2024 Held for 11 months	$343.1M

Hedge Fund Spotlight

Discover hedge funds investing in BSJS

CITADEL ADVISORS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerKenneth Cordele Griffin

Portfolio Value: $122.08B
Positions: 5,531
Last Reported: Q3 2025

Sector Allocation

Position in Invesco BulletShares 2028 High Yield Corporate Bond

Market Value: $478.2K
Shares Held: 21.7K
Portfolio Weight: 0.00%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Microsoft MSFT	Software - Infrastructure Technology	$2.1B	1.68%
2 Nvidia NVDA	Semiconductors Technology	$1.8B	1.50%
3 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$1.4B	1.18%