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Invesco MSCI USA ETF

48 hedge funds and large institutions have $6.96B invested in Invesco MSCI USA ETF in 2025 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 15 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 5

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

20% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 15

12% more capital invested

Capital invested by funds: $6.23B → $6.96B (+$728M)

9% more funds holding

Funds holding: 4448 (+4)

8.94% less ownership

Funds ownership: 75.08%66.14% (-8.9%)

Holders
48
Holders Change
+4
Holders Change %
+9.09%
% of All Funds
0.58%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.04%
New
9
Increased
18
Reduced
15
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
National Pension Service
1
National Pension Service
South Korea
$3.24B
Morgan Stanley
2
Morgan Stanley
New York
$2.2B +$359M +5,280,388 +20%
Connor, Clark & Lunn Investment Management (CC&L)
3
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$617M
Empower Advisory Group
4
Empower Advisory Group
Colorado
$136M +$132M +1,948,557 +4,428%
PAM
5
Panagora Asset Management
Massachusetts
$113M -$64K -942 -0.1%
Raymond James Financial
6
Raymond James Financial
Florida
$106M +$4.61M +67,908 +5%
Invesco
7
Invesco
Georgia
$83.6M -$4.99M -73,511 -6%
Ensign Peak Advisors
8
Ensign Peak Advisors
Utah
$81.3M +$80.7M +1,188,232 New
MGP
9
Metis Global Partners
California
$63.6M -$12.5M -183,721 -17%
CAAS
10
Capital Asset Advisory Services
Michigan
$62.6M +$18.1M +265,965 +42%
AWM
11
Axxcess Wealth Management
California
$61.5M +$17.9M +263,914 +42%
Mirae Asset Global Investments
12
Mirae Asset Global Investments
South Korea
$43.5M +$7.94M +116,935 +23%
UBS Group
13
UBS Group
Switzerland
$34.9M -$19.9M -292,353 -36%
Cetera Investment Advisers
14
Cetera Investment Advisers
Illinois
$28.1M +$6.88M +101,270 +33%
OCBCO
15
Oversea-Chinese Banking Corp (OCBC)
Singapore
$24.1M +$23.9M +352,170 New
LPL Financial
16
LPL Financial
California
$21.6M +$222K +3,271 +1%
VI
17
Vestcor Inc
New Brunswick, Canada
$9.24M +$53K +780 +0.6%
KAS
18
Kestra Advisory Services
Texas
$5.74M -$10.2K -150 -0.2%
MML Investors Services
19
MML Investors Services
Massachusetts
$2.99M -$24.8K -365 -0.8%
Envestnet Asset Management
20
Envestnet Asset Management
Illinois
$2.98M -$124K -1,825 -4%
KPWS
21
Kestra Private Wealth Services
Texas
$2.82M -$195K -2,865 -7%
AWG
22
Altus Wealth Group
Colorado
$2.46M +$8.08K +119 +0.3%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$1.97M +$1.96M +28,789 New
RhumbLine Advisers
24
RhumbLine Advisers
Massachusetts
$1.85M +$556K +8,181 +44%
IWP
25
IAG Wealth Partners
Wisconsin
$1.29M -$135K -1,985 -10%

PBUS Hedge Fund Activity: Q4 2025 in Review

48 of the 8,232 institutional investors tracked by Wall St. Rank reported a position in Invesco MSCI USA ETF (PBUS) for Q4 2025, worth a combined $6.96B — up 12% from $6.23B a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new PBUS positions and 5 closed out — a net gain of 4 holders — while 18 added to existing stakes and 15 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $359M. The largest seller was UBS Group, cutting an estimated $19.9M.

  • 48 institutional investors held Invesco MSCI USA ETF (PBUS) as of Q4 2025, up from 44 in Q3 2025.
  • Funds reported $6.96B of Invesco MSCI USA ETF stock for Q4 2025, up 12% quarter-over-quarter.
  • 9 funds opened new Invesco MSCI USA ETF positions in Q4 2025 and 5 closed out, a net change of +4 holders.
  • The largest Invesco MSCI USA ETF buyer in Q4 2025 was Morgan Stanley, an estimated $359M added.
  • The largest Invesco MSCI USA ETF seller in Q4 2025 was UBS Group, an estimated $19.9M sold.

Based on aggregated 13F filings for Q4 2025.