Invesco Ltd.
"13F equity value" = market value of this filer's US-listed long equity positions only. It excludes cash, bonds, non-US and short positions, so it understates a fund's true assets under management — often by a lot.
13F holdings are disclosed ~45 days after quarter-end, and they never reveal when within the quarter a fund actually bought. So any 13F-based summary is structurally late and blurred — this applies to every fund, including this one.
We backtested copying it anyway. Buying this fund's new positions the day each filing went public, over 51 quarters, returned +3.2% per quarter — versus +2.0% per quarter from simply owning every 13F stock. It beat that baseline in only 51.0% of quarters (excess t = 1.17, not statistically significant). Its filings tell you what it bought — not what you should buy.
Quarterly compounding, invested quarters only · entry after the actual SEC deadline plus a 2-day buffer
Top 20 holdings of 3812 · 2026 Q2
| Ticker | Value | Weight | QoQ |
|---|---|---|---|
| NVDA | $65.9B | | HOLD |
| AAPL | $54.4B | | HOLD |
| MU | $41.9B | | HOLD |
| MSFT | $37.4B | | HOLD |
| AMZN | $34.3B | | ADD +4% |
| GOOGL | $32.6B | | HOLD |
| AMD | $30.9B | | ADD +5% |
| AVGO | $26.1B | | HOLD |
| GOOG | $23.4B | | ADD +3% |
| TSLA | $23.3B | | HOLD |
| LRCX | $22.7B | | ADD +4% |
| INTC | $22.0B | | ADD +3% |
| META | $21.6B | | HOLD |
| AMAT | $20.4B | | ADD +7% |
| WMT | $16.8B | | HOLD |
| CSCO | $16.2B | | HOLD |
| KLAC | $13.5B | | HOLD |
| COST | $13.1B | | ADD +3% |
| SNDK | $12.8B | | ADD ×4.8 |
| TXN | $11.3B | | HOLD |
QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.
New positions in 2026 Q2
Method & Limitations
Method: a "new position" = held this quarter, absent last quarter (options excluded; stocks with <50 prior holders excluded to filter spin-off artifacts). Entry is the first trading session after the actual SEC filing deadline plus a 2-day buffer. Benchmark = equal-weighted universe of all 13F-held stocks. Limitations: quarterly snapshots can't see intra-quarter trades; survivorship bias — funds that shut down are absent, which flatters the sample. Statistics, not advice.