Invesco Water Resources

PHO • NASDAQ

Invesco Water Resources is an exchange-traded fund on NASDAQ. As of Q3 2025, 372 institutional investors hold shares in this ETF, with total holdings valued at $889.0M. BANK OF AMERICA CORP /DE/ is the largest holder with a position valued at $118.1M.

Overview

Overview of institutional ownership in PHO as of Q3 2025

All Institutions

Institutions: 372
Value Held: $889.0M
Shares Held: 12.3M
Avg Position: $2.4M
Median Position: $334.7K

Hedge Funds

Hedge Funds: 2
Value Held: $778.0K
Shares Held: 10.8K
Avg Position: $389.0K
Median Position: $389.0K

Biggest Investors

Institutions with the largest positions in PHO as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$118.1M 0.01% of portfolio	1.6M shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$104.2M 0.01% of portfolio	1.4M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
L LPL Financial LLC Institution	-	$65.4M 0.02% of portfolio	907.6K shares	≤ Q2 2013 Held for 12y 5m+	$340.07B
G GCIC Ltd. Institution	-	$37.2M 0.06% of portfolio	516.3K shares	Q4 2020 Held for 4y 11m	$58.8B
RAYMOND JAMES FINANCIAL INC RIA/Wealth	Steven Robert Marcus CEO	$32.3M 0.01% of portfolio	447.3K shares	Q4 2024 Held for 11 months	$310.43B
UBS Group AG Institution	Sergio P. Ermotti CEO	$32.0M 0.01% of portfolio	443.5K shares	Q4 2014 Held for 10y 11m	$511.54B
HighTower Advisors, LLC RIA/Wealth	Robert David Oros CEO	$30.3M 0.03% of portfolio	420.0K shares	≤ Q2 2013 Held for 12y 5m+	$87.7B
R ROYAL BANK OF CANADA Institution	-	$28.8M 0.01% of portfolio	399.1K shares	≤ Q2 2013 Held for 12y 5m+	$542.04B
Gitterman Wealth Management, LLC RIA/Wealth	Elias Stuart Rauch Founder	$26.6M 6.10% of portfolio	368.9K shares	Q1 2025 Held for 8 months	$436.5M
PNC FINANCIAL SERVICES GROUP, INC. Institution	William S. Demchak CEO	$20.7M 0.01% of portfolio	287.0K shares	≤ Q2 2013 Held for 12y 5m+	$164.83B

Net Capital Flow

Institutional buying and selling activity for PHO in Q3 2025

Traded: +$13.3M
Buyers: 135
Sellers: 117
Total Bought: +$28.9M
Total Sold: −$15.6M
Avg Position: $2.2M

Biggest Buyers

Institution	Net Bought	Current Position
L LPL Financial LLC Institution	+$6.1M +85.2K shares	$65.4M 907.6K shares
BANK OF AMERICA CORP /DE/ Institution	+$2.5M +35.0K shares	$118.1M 1.6M shares
GUARDIAN CAPITAL LP Long Only Manager	+$1.6M +22.7K shares	$1.6M 22.7K shares
UBS Group AG Institution	+$1.5M +20.3K shares	$32.0M 443.5K shares
MORGAN STANLEY RIA/Wealth	+$1.4M +19.3K shares	$104.2M 1.4M shares
Strive Asset Management, LLC ETF Provider	+$1.3M +17.8K shares	$6.6M 91.9K shares
Cambridge Investment Research Advisors, Inc. RIA/Wealth	+$1.2M +16.3K shares	$2.7M 37.3K shares
A Advisor Group Holdings, Inc. Institution	+$976.6K +13.4K shares	$16.9M 232.5K shares
Cetera Investment Advisers RIA/Wealth	+$793.6K +11.0K shares	$16.6M 229.8K shares
R ROYAL BANK OF CANADA Institution	+$775.6K +10.8K shares	$28.8M 399.1K shares

Biggest Sellers

Institution	Net Sold	Current Position
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$2.1M −29.9K shares	Sold Off 0 shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$1.2M −17.0K shares	Sold Off 0 shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	−$956.5K −13.3K shares	$32.3M 447.3K shares
AMERIPRISE FINANCIAL INC Institution	−$783.5K −10.9K shares	$5.0M 69.3K shares
GOLDMAN SACHS GROUP INC Institution	−$688.2K −9.8K shares	Sold Off 0 shares
L Ledyard National Bank Institution	−$610.8K −8.5K shares	$361.3K 5.0K shares
J JANE STREET GROUP, LLC Institution	−$595.4K −8.5K shares	Sold Off 0 shares
Glenmede Investment Management, LP Long Only Manager	−$439.9K −6.1K shares	$1.3M 17.6K shares
T Tower Research Capital LLC Institution	−$418.3K −6.0K shares	Sold Off 0 shares
Lido Advisors, LLC RIA/Wealth	−$327.3K −4.7K shares	Sold Off 0 shares

Entry and Exit Activity

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

New Positions: 11
New Value: $3.8M
Exited Positions: 24
Exited Value: $7.0M

New Positions

Institution	Position Value
GUARDIAN CAPITAL LP Long Only Manager	$1.6M 22.7K shares
B BNP PARIBAS ARBITRAGE, SA Institution	$721.1K 10.0K shares
C Cardinal Point Capital Management, ULC Hedge Fund•Value	$377.1K 5.2K shares
V Vise Technologies, Inc. Institution	$268.0K 3.7K shares
W WMG Financial Advisors, LLC RIA/Wealth	$239.5K 3.3K shares
Walkner Condon Financial Advisors LLC RIA/Wealth	$223.3K 3.1K shares
Sontag Advisory, LLC RIA/Wealth	$141.4K 2.0K shares
Grey Fox Wealth Advisors, LLC RIA/Wealth	$78.9K 1.1K shares
Westfuller Advisors, LLC RIA/Wealth	$58.5K 811.0 shares
R Root Financial Partners, LLC RIA/Wealth	$18.8K 261.0 shares

Exited Positions

Institution	Previous Position
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$2.1M 29.9K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.2M 17.0K shares
GOLDMAN SACHS GROUP INC Institution	$688.2K 9.8K shares
J JANE STREET GROUP, LLC Institution	$595.4K 8.5K shares
T Tower Research Capital LLC Institution	$418.3K 6.0K shares
Lido Advisors, LLC RIA/Wealth	$327.3K 4.7K shares
Curran Financial Partners, LLC RIA/Wealth	$284.7K 4.1K shares
O O'Brien Greene & Co. Inc RIA/Wealth	$223.7K 3.2K shares
BECK CAPITAL MANAGEMENT, LLC RIA/Wealth	$205.3K 2.9K shares
T TRUSTMARK NATIONAL BANK TRUST DEPARTMENT Institution	$202.6K 2.9K shares

Options Activity

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

Call Positions: 3
Call Value: $367.8K
Put Positions: 3
Put Value: $411.0K

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$367.8K 51.0 contracts
B Belvedere Trading LLC Institution	- - contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	- - contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$411.0K 57.0 contracts
B Belvedere Trading LLC Institution	- - contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	- - contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
P Polianta Ltd Institution	-	6.98% $16.0M	221.6K shares	Q1 2017 Held for 8y 8m	$229.0M
Gitterman Wealth Management, LLC RIA/Wealth	Elias Stuart Rauch Founder	6.10% $26.6M	368.9K shares	Q1 2025 Held for 8 months	$436.5M
Strive Asset Management, LLC ETF Provider	Michael Conner Searcy Managing Partner	3.59% $6.6M	91.9K shares	Q1 2025 Held for 8 months	$184.4M
Sage Capital Management, LLC RIA/Wealth	Lawrence Craig Busch President	3.54% $7.8M	108.8K shares	Q4 2023 Held for 1y 11m	$221.9M
P Personal Resources Investment & Strategic Management, Inc. RIA/Wealth	Mcginnis Andrew Mccoy President	3.52% $12.0M	166.9K shares	Q3 2023 Held for 2y 2m	$342.2M
Hamilton Wealth, LLC RIA/Wealth	George Randy Hamilton Managing Partner	1.76% $8.3M	115.6K shares	Q4 2018 Held for 6y 11m	$474.1M
F FIRST NATIONAL BANK & TRUST CO OF NEWTOWN Institution	-	1.54% $8.1M	112.7K shares	≤ Q2 2013 Held for 12y 5m+	$527.6M
Rockingstone Advisors LLC RIA/Wealth	Eric Richard Katzman CIO	1.09% $2.2M	30.7K shares	Q4 2022 Held for 2y 11m	$202.7M
David R. Rahn & Associates Inc. RIA/Wealth	Clara Basile CEO	1.02% $4.1M	56.8K shares	Q2 2023 Held for 2y 5m	$402.8M
R Raab & Moskowitz Asset Management LLC Institution	-	0.96% $4.3M	59.0K shares	Q4 2013 Held for 11y 11m	$445.5M

Hedge Fund Spotlight

Discover hedge funds investing in PHO

Cardinal Point Capital Management, ULC

Hedge Fund • Value

Portfolio ManagerMichelle Lynn Yarwood

Portfolio Value: $1.4B
Positions: 267
Last Reported: Q3 2025

Sector Allocation

Position in Invesco Water Resources

Market Value: $377.1K
Shares Held: 5.2K
Portfolio Weight: 0.03%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Vanguard Total Stock Market VTI	ETF ETF	$186.2M	12.94%
2 WisdomTree Floating Rate Treasury Fund USFR	ETF ETF	$71.8M	4.99%
3 Apple AAPL	Consumer Electronics Technology	$70.6M	4.91%