PBTP β€” INVESCO EXCH TRADED FD TR II

Ownership history in COMMONWEALTH EQUITY SERVICES, LLC  Β·  5 quarters on record

This page tracks every 13F SEC filing in which COMMONWEALTH EQUITY SERVICES, LLC reported a position in INVESCO EXCH TRADED FD TR II (PBTP). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
0.01% (2025 Q3)
πŸ“Š Avg. % of fund
0.01%
πŸ“… First filed
2024 Q4
πŸ“… Last filed
2025 Q4
⏱ Quarters held
5

Position Intelligence

COMMONWEALTH EQUITY SERVICES, LLC Γ— PBTP AI Analytics

πŸ“‰ COMMONWEALTH EQUITY SERVICES, LLC underperformed the S&P 500 by –11.4% annually on this PBTP position. Timing score: 100% (4/4 decisions correct). Average cost basis: $24.68. Maximum drawdown during holding period: –0.0%.

πŸ“ˆ Position Alpha vs SPY
-11.4%
annualised excess return

❌ Significantly underperformed the S&P 500 by 11.4% ann.
4 quarters analyzed

⏱️ Timing Score
100%

🎯 Smart timing β€” consistently buying dips and trimming near peaks.
4 of 4 add/trim decisions correct

πŸ’° Entry Quality
$24.68
+4.9% vs current ($25.88)

Best entry: $24.42 (2024 Q4)  Β·  Worst: $25.80 (2025 Q3)

πŸ›‘οΈ Drawdown Resilience
–0.0%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
80%
buy-side decisions

4 adds Β· 1 trim. πŸ‚ Consistently bullish β€” fund kept accumulating this position.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.01% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    PBTP price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 5 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 REDUCED 175,813 -22,632 -11.4% 0.01% $4.6M $25.88
2025 Q3 ADDED 198,445 +5,095 +2.6% 0.01% $5.2M $25.80
2025 Q2 ADDED 193,350 +42,665 +28.3% 0.01% $5.0M $25.41
2025 Q1 ADDED 150,685 +2,397 +1.6% 0.01% $3.9M $25.16
2024 Q4 INITIATED 148,288 β€” β€” 0.01% $3.8M $24.42
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