Fund · Invesco Large Cap Value ETF · measured from SEC filings
PWV holdings
PWV reports 51 holdings and behaves like 41.8 equally weighted ones, computed from its SEC Form N-PORT filing for 2026-07-31. The fact sheet publishes the first number; this page computes the second, and traces it across 27 quarters of filings.
Measured concentration
as of 2026-07-31Computed by this site from the fund's SEC Form N-PORT filing; what the measure does not tell you · every fund in one table · hold it with other funds? X-ray the mix. Pricing: 100% at a quoted market price (level 1), 2 issuer countries.
What stands out
as of 2026-07-31PWV's largest investment is UnitedHealth Group Inc at 4.31% of net assets. Cisco Systems Inc and Citigroup Inc follow; the three together are 11.77%. Ten companies are 34.41% of the fund; the other 41 share the rest. Among the 721 equity funds measured here, PWV behaves like 41.8 holdings against a median of 42.4 — close to the median. Across 27 quarterly filings PWV has held roughly steady since 2019-10-31 (42.1 then, 41.2 now). Between the 2026-01-31 and 2026-04-30 filings 16 positions were added and 16 dropped; 37.7% of the weight moved.
Each sentence is read from the fund's own SEC filing; the class median is computed across the comparable equity funds on this site. Nothing here is a view on the fund.
Every filing since 2019
27Between 2019-10-31 and 2026-04-30, PWV went from behaving like 42.1 equally weighted positions to 41.2 — 2% fewer, while its top ten went from 34.04% to 35.29% of net assets. Read across the funds on the concentration-over-time table.
| Period | Holdings | Effective | Top 10 | Largest |
|---|---|---|---|---|
| 2026-04-30 | 51 | 41.2 | 35.29% | 4.33% |
| 2026-01-31 | 51 | 41.8 | 34.71% | 3.88% |
| 2025-10-31 | 51 | 41.1 | 35.58% | 4.17% |
| 2025-07-31 | 51 | 41.3 | 35.12% | 3.79% |
| 2025-04-30 | 51 | 42.1 | 33.78% | 3.85% |
| 2025-01-31 | 51 | 41.4 | 34.88% | 3.9% |
| 2024-10-31 | 51 | 41.8 | 34.06% | 3.81% |
| 2024-07-31 | 50 | 41.5 | 34.42% | 3.79% |
Earlier filings (19 more, back to 2019-10-31)
| Period | Holdings | Effective | Top 10 | Largest |
|---|---|---|---|---|
| 2024-04-30 | 51 | 42.5 | 33.97% | 3.68% |
| 2024-01-31 | 51 | 41.6 | 34.92% | 3.65% |
| 2023-10-31 | 51 | 42.1 | 34.11% | 3.87% |
| 2023-07-31 | 51 | 42.3 | 33.67% | 3.52% |
| 2023-04-30 | 50 | 41.8 | 34.64% | 3.64% |
| 2023-01-31 | 50 | 41.9 | 34.37% | 3.61% |
| 2022-10-31 | 51 | 41.8 | 35.2% | 3.74% |
| 2022-07-31 | 51 | 41.3 | 34.99% | 3.82% |
| 2022-04-30 | 51 | 42.2 | 34.84% | 3.82% |
| 2022-01-31 | 50 | 41 | 35.35% | 4.02% |
| 2021-10-31 | 51 | 42.3 | 34.33% | 3.73% |
| 2021-07-31 | 50 | 40.3 | 35.54% | 3.74% |
| 2021-04-30 | 51 | 42.5 | 33.72% | 3.56% |
| 2021-01-31 | 50 | 41.8 | 34.6% | 3.87% |
| 2020-10-31 | 50 | 42.6 | 33.22% | 3.46% |
| 2020-07-31 | 51 | 42.2 | 34.18% | 3.71% |
| 2020-04-30 | 50 | 39.7 | 37.9% | 4.28% |
| 2020-01-31 | 51 | 41.5 | 35.06% | 3.76% |
| 2019-10-31 | 50 | 42.1 | 34.04% | 3.76% |
One row per filed reporting period, newest first, read from EDGAR. Quarterly because that is the public filing cadence. Rows marked * are published but held out of the comparison above; the methodology page says when and why.
Largest positions, as filed
as of 2026-04-30The 15 largest of 51 positions in PWV's Form N-PORT, weight as a share of net assets, securities-lending collateral excluded. Every position, every quarter: PWV.csv.gz.
| # | Position | Weight | Cumulative |
|---|---|---|---|
| 1 | UnitedHealth Group Inc. | 4.33% | 4.3% |
| 2 | Cisco Systems, Inc. | 3.75% | 8.1% |
| 3 | Citigroup Inc. | 3.74% | 11.8% |
| 4 | Morgan Stanley | 3.62% | 15.4% |
| 5 | Bank of America Corp. | 3.40% | 18.8% |
| 6 | JPMorgan Chase & Co. | 3.38% | 22.2% |
| 7 | Chevron Corp. | 3.34% | 25.6% |
| 8 | Exxon Mobil Corp. | 3.31% | 28.9% |
| 9 | Goldman Sachs Group, Inc. (The) | 3.28% | 32.2% |
| 10 | Walt Disney Co. (The) | 3.13% | 35.3% |
| 11 | Wells Fargo & Co. | 3.12% | 38.4% |
| 12 | Verizon Communications Inc. | 3.09% | 41.5% |
| 13 | Berkshire Hathaway Inc. | 3.07% | 44.6% |
| 14 | PepsiCo, Inc. | 3.00% | 47.6% |
| 15 | Johnson & Johnson | 2.99% | 50.5% |
By country of issuer
as of 2026-04-30Share of PWV's own investments by the issuer country the filer reported (incorporation, not revenue). Each country links to every fund that holds it.
| Country | Share |
|---|---|
| United States | 98.67% |
| Switzerland | 1.33% |
Returns the fund reported
2019-08 – 2026-04Monthly total returns from Item B.5 of PWV's own filings, 81 months on record. Not computed here and not from a price feed.
Cross-checked against a series computed separately from prices: median difference 0.05 percentage points over 81 months, which is roughly the distributions. Every month with the filing it came from: PWV.json · all funds.
Who borrows PWV's shares
2025-07-31The fund lends its holdings, and Item B.4.a of the filing names every firm holding them. At 2025-07-31, $2m was out to 1 borrower, 0.14% of net assets.
| Borrower | On loan | Share of the loan |
|---|---|---|
| CANADIAN IMPERIAL BANK OF COMMERCE | $2m | 100.0% |
Cash collateral reported against the loan: 0.14% of net assets, 103.3% of the amount lent. That is a floor on the collateral, not the whole of it — collateral the fund does not hold as a position is not in this filing, so a figure under 100% is not evidence of under-collateralisation. How that figure behaves across all funds. Every quarter PWV has filed, with each borrower: PWV.json · all funds.
Since the previous filing
2026-01-31 → 2026-04-3051 positions became 51: 16 added (33.7% of the fund at the later date), 16 dropped (33.2% at the earlier date). Half the sum of all weight changes, a turnover proxy: 37.7%. Positions are matched on identifiers, so a security whose identifier changed shows as one drop and one add. Every filing of PWV compared this way, as a feed: changes.xml · all funds: filings received.
| Largest increases | 2026-01-31 | 2026-04-30 | Largest decreases | 2026-01-31 | 2026-04-30 |
|---|---|---|---|---|---|
| Verizon Communications Inc. | 1.51% | 3.09% | Exxon Mobil Corp. | 3.88% | 3.31% |
| Cisco Systems, Inc. | 3.27% | 3.75% | Newmont Corp. | 1.77% | 1.23% |
| Marathon Petroleum Corp. | 1.26% | 1.75% | Johnson & Johnson | 3.51% | 2.99% |
| Valero Energy Corp. | 1.42% | 1.74% | Chevron Corp. | 3.76% | 3.34% |
| CVS Health Corp. | 1.30% | 1.54% | Walt Disney Co. (The) | 3.52% | 3.13% |
| Allstate Corp. (The) | 1.28% | 1.42% | Gilead Sciences, Inc. | 1.55% | 1.22% |
New: UnitedHealth Group Inc. (4.33%), Citigroup Inc. (3.74%), Morgan Stanley (3.62%), Goldman Sachs Group, Inc. (The) (3.28%), PepsiCo, Inc. (3.00%), eBay Inc. (1.67%). Gone: Linde PLC (3.57%), McDonald's Corp. (3.29%), Thermo Fisher Scientific Inc. (3.14%), Uber Technologies, Inc. (3.04%), T-Mobile US, Inc. (3.03%), QUALCOMM Inc. (2.92%).
Asset categories and pricing
as of 2026-07-3199.99% equity, 0.01% short-term investment as filed; 100.0% carried at a quoted market price (fair-value level 1). Categories and levels are the filer's; what a low level-1 share does and does not mean is in the measure's page.
Neighbours by effective holdings, equity funds
10Every measured equity fund lined up by how many holdings it behaves like; these sit either side of PWV (41.8). Same filings, same arithmetic. Position in this list says nothing about which fund is better.
| Fund | Reports | Behaves like | Top ten | As of |
|---|---|---|---|---|
| JGLO JPMorgan Global Select Equity ETF | 86 | 41.1 | 39.72% | 2026-07-31 |
| FDLO Fidelity Low Volatility Factor ETF | 126 | 41.1 | 38.49% | 2026-07-31 |
| FDV Federated Hermes U.S. Strategic Dividend ETF | 50 | 41.2 | 34.85% | 2026-07-31 |
| HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF | 121 | 41.3 | 41.71% | 2026-05-29 |
| DFAE Dimensional Emerging Core Equity Market ETF | 6,294 | 41.7 | 30.48% | 2026-07-31 |
| XVV iShares ESG Select Screened S&P 500 ETF | 445 | 42 | 40.93% | 2026-06-30 |
| MTUM iShares MSCI USA Momentum Factor ETF | 128 | 42.4 | 40.01% | 2026-07-31 |
| HELO JPMorgan Hedged Equity Laddered Overlay ETF | 156 | 42.4 | 39.41% | 2026-07-31 |
| IDVO Amplify CWP International Enhanced Dividend Income ETF | 54 | 42.5 | 33.53% | 2026-06-30 |
| DFGR Dimensional Global Real Estate ETF | 440 | 42.6 | 40.75% | 2026-07-31 |
Essays that examine PWV
0Mentions are detected across the full text of every article, so an appearance may be a passing comparison rather than the subject. Nothing here is a recommendation to buy or sell — see the disclaimer.