INVESCO DB MULTI-SECTOR COMM

Ticker: DBE CUSIP: 46140H304 Class: ETF

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (2)

Value ($000) $89 Shares 5,105

Aptus Capital Advisors, LLC

Value ($000) $23 Shares 1,336

Institution	Shares	Value ($000)
BARCLAYS PLC	5,105	$89
Aptus Capital Advisors, LLC	1,336	$23

Increased Positions (8)

Equitable Holdings, Inc.

Value ($000) $1,544 (+8.5%) Shares 88,378 (+18.1%)

MANUFACTURERS LIFE INSURANCE COMPANY, THE

Value ($000) $1,697 (+42.5%) Shares 97,138 (+55.2%)

Steward Partners Investment Advisory, LLC

Value ($000) $758 (+8.4%) Shares 43,415 (+18.1%)

Cetera Investment Advisers

Value ($000) $1,343 (-5.5%) Shares 76,891 (+2.9%)

PNC Financial Services Group, Inc.

Value ($000) $26 (+88.4%) Shares 1,517 (+105.0%)

M Holdings Securities, Inc.

Value ($000) $1 (-4.6%) Shares 56,530 (+3.8%)

Global Retirement Partners, LLC

Value ($000) $9 (+53.3%) Shares 541 (+67.0%)

Value ($000) $0 (-5.3%) Shares 7,171 (+3.6%)

Institution	Prev Shares	Curr Shares	Change
Equitable Holdings, Inc.	74,814	88,378	+13,564 (+18.1%)
MANUFACTURERS LIFE INSURANCE COMPANY, THE	62,591	97,138	+34,547 (+55.2%)
Steward Partners Investment Advisory, LLC	36,772	43,415	+6,643 (+18.1%)
Cetera Investment Advisers	74,708	76,891	+2,183 (+2.9%)
PNC Financial Services Group, Inc.	740	1,517	+777 (+105.0%)
M Holdings Securities, Inc.	54,439	56,530	+2,091 (+3.8%)
Global Retirement Partners, LLC	324	541	+217 (+67.0%)
CWM, LLC	6,923	7,171	+248 (+3.6%)

Decreased Positions (12)

Leo Wealth, LLC

Value ($000) $529 (-47.5%) Shares 30,291 (-42.8%)

SUSQUEHANNA INTERNATIONAL GROUP, LLP

Value ($000) $703 (-59.9%) Shares 40,251 (-56.3%)

AMERIPRISE FINANCIAL INC

Value ($000) $207 (-69.0%) Shares 11,827 (-66.2%)

JANE STREET GROUP, LLC

Value ($000) $429 (-44.9%) Shares 24,555 (-40.0%)

WELLS FARGO & COMPANY/MN

Value ($000) $500 (-24.6%) Shares 28,617 (-17.9%)

HUNTINGTON NATIONAL BANK

Value ($000) $0 (-100.0%) Shares 1 (-100.0%)

BANK OF AMERICA CORP /DE/

Value ($000) $928 (-14.4%) Shares 53,115 (-6.8%)

STIFEL FINANCIAL CORP

Value ($000) $371 (-21.6%) Shares 21,262 (-14.6%)

Value ($000) $116 (-24.6%) Shares 6,658 (-17.9%)

OSAIC HOLDINGS, INC.

Value ($000) $51 (-34.9%) Shares 2,928 (-29.0%)

Value ($000) $63 (-16.9%) Shares 3,601 (-9.5%)

FLOW TRADERS U.S. LLC

Value ($000) $0 (-13.1%) Shares 10,982 (-5.5%)

Institution	Prev Shares	Curr Shares	Change
Leo Wealth, LLC	52,998	30,291	-22,707 (-42.8%)
SUSQUEHANNA INTERNATIONAL GROUP, LLP	92,125	40,251	-51,874 (-56.3%)
AMERIPRISE FINANCIAL INC	35,005	11,827	-23,178 (-66.2%)
JANE STREET GROUP, LLC	40,958	24,555	-16,403 (-40.0%)
WELLS FARGO & COMPANY/MN	34,860	28,617	-6,243 (-17.9%)
HUNTINGTON NATIONAL BANK	3,756	1	-3,755 (-100.0%)
BANK OF AMERICA CORP /DE/	56,972	53,115	-3,857 (-6.8%)
STIFEL FINANCIAL CORP	24,900	21,262	-3,638 (-14.6%)
UBS Group AG	8,110	6,658	-1,452 (-17.9%)
OSAIC HOLDINGS, INC.	4,122	2,928	-1,194 (-29.0%)
MORGAN STANLEY	3,981	3,601	-380 (-9.5%)
FLOW TRADERS U.S. LLC	11,621	10,982	-639 (-5.5%)

Exited Positions (7)

Blueprint Financial Advisors LLC

Value ($000) $310 Shares 16,296

Blueprint Investment Partners LLC

Value ($000) $310 Shares 16,296

NEUBERGER BERMAN GROUP LLC

Value ($000) $1,465 Shares 77,020

Advisory Services Network, LLC

Value ($000) $53 Shares 2,764

PRINCIPAL SECURITIES, INC.

Value ($000) $21 Shares 1,100

Tower Research Capital LLC (TRC)

Value ($000) $5 Shares 243

Ronald Blue Trust, Inc.

Value ($000) $1 Shares 40

Institution	Prev Shares	Prev Value ($000)
Blueprint Financial Advisors LLC	16,296	$310
Blueprint Investment Partners LLC	16,296	$310
NEUBERGER BERMAN GROUP LLC	77,020	$1,465
Advisory Services Network, LLC	2,764	$53
PRINCIPAL SECURITIES, INC.	1,100	$21
Tower Research Capital LLC (TRC)	243	$5
Ronald Blue Trust, Inc.	40	$1