NPORT-EX 2 edgar.htm
Consolidated Schedule of Investments(a)
Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC)
January 31, 2024
(Unaudited)
  Shares   Value
Common Stocks & Other Equity Interests-84.82%
Australia-3.55%
BHP Group Ltd.
  1,587   $49,590
Iris Energy Ltd.(b)(c)
  8,369   32,807
Mawson Infrastructure Group, Inc.(b)(c)
  16,463   36,383
        118,780
Canada-3.53%
Bitfarms Ltd.(b)(c)
  19,441   45,298
Hive Digital Technologies Ltd.(b)(c)
  12,450   39,466
Hut 8 Corp.(b)(c)
  4,497   33,593
        118,357
Cayman Islands-1.72%
Bitdeer Technologies Group(b)(c)
  7,029   57,567
China-6.22%
Alibaba Group Holding Ltd., ADR
  698   50,375
Bit Digital, Inc.(b)(c)
  15,995   42,227
Canaan, Inc., ADR(b)(c)
  23,730   34,053
Meitu, Inc.(b)(d)
  114,558   33,998
Tencent Holdings Ltd.
  1,376   47,631
        208,284
Japan-1.52%
Rakuten Group, Inc.(b)
  11,462   51,008
Netherlands-0.75%
Shell PLC
  800   25,257
Norway-1.46%
Aker ASA, Class A
  812   48,806
South Korea-1.48%
Samsung Electronics Co. Ltd.
  907   49,405
Switzerland-1.53%
Nestle S.A.
  447   51,357
Taiwan-1.69%
Taiwan Semiconductor Manufacturing Co. Ltd., ADR
  500   56,480
United Kingdom-1.20%
Argo Blockchain PLC, ADR(b)(c)
  19,899   39,997
United States-60.17%
Accenture PLC, Class A
  146   53,126
Advanced Micro Devices, Inc.(b)
  342   57,350
Alphabet, Inc., Class A(b)
  357   50,016
Amazon.com, Inc.(b)
  326   50,595
Applied Digital Corp.(b)(c)
  6,447   33,138
Bakkt Holdings, Inc.(b)(c)
  30,634   41,969
Bank of America Corp.
  1,525   51,865
Block, Inc., Class A(b)
  745   48,432
Cipher Mining, Inc.(b)
  14,400   43,776
Cisco Systems, Inc.
  1,000   50,180
Citigroup, Inc.
  970   54,485
CleanSpark, Inc.(b)(c)
  5,458   43,937
Coinbase Global, Inc., Class A(b)(c)
  358   45,896
Galaxy Digital Holdings Ltd., Class H(b)
  6,409   46,147
Goldman Sachs Group, Inc. (The)
  133   51,073
Honeywell International, Inc.
  251   50,767
Intel Corp.
  1,062   45,751
International Business Machines Corp.
  312   57,302
Intuit, Inc.
  83   52,400
  Shares   Value
United States-(continued)
JPMorgan Chase & Co.
  297   $51,785
Marathon Digital Holdings, Inc.(b)(c)
  2,257   40,017
Mastercard, Inc., Class A
  119   53,458
Micron Technology, Inc.
  606   51,964
Microsoft Corp.
  132   52,481
MicroStrategy, Inc., Class A(b)(c)
  95   47,615
NVIDIA Corp.
  93   57,220
Oracle Corp.
  483   53,951
PayPal Holdings, Inc.(b)
  822   50,430
QUALCOMM, Inc.
  363   53,909
Riot Platforms, Inc.(b)(c)
  3,861   42,085
Robinhood Markets, Inc., Class A(b)(c)
  4,317   46,365
Salesforce, Inc.(b)
  186   52,283
SoFi Technologies, Inc.(b)(c)
  6,187   48,444
Stronghold Digital Mining, Inc., Class A(b)(c)
  7,848   38,534
Terawulf, Inc.(b)(c)
  26,326   43,964
Tesla, Inc.(b)
  222   41,578
Texas Instruments, Inc.
  306   48,997
Verizon Communications, Inc.
  1,334   56,495
Visa, Inc., Class A
  192   52,466
Walmart, Inc.
  316   52,219
Western Alliance Bancorporation
  791   50,592
        2,015,057
Total Common Stocks & Other Equity Interests

(Cost $2,269,109)
  2,840,355
Private Fund-14.97%
United States-14.97%
Grayscale Bitcoin Trust BTC

(Cost $142,052)
  13,201   501,506
Money Market Funds-0.06%
Invesco Government & Agency Portfolio, Institutional Class, 5.24%(e)(f)

(Cost $1,916)
  1,916   1,916
TOTAL INVESTMENTS IN SECURITIES

(excluding investments purchased with cash collateral from securities on loan)-99.85%

(Cost $2,413,077)
  3,343,777
Investments Purchased with Cash Collateral from Securities on Loan
Money Market Funds-25.36%
Invesco Private Government Fund, 5.29%(e)(f)(g)
  239,711   239,711
Invesco Private Prime Fund, 5.52%(e)(f)(g)
  609,036   609,462
Total Investments Purchased with Cash Collateral from Securities on Loan

(Cost $849,157)
  849,173
TOTAL INVESTMENTS IN SECURITIES-125.21%

(Cost $3,262,234)
  4,192,950
OTHER ASSETS LESS LIABILITIES-(25.21)%
  (844,173)
NET ASSETS-100.00%
  $3,348,777
Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC)—(continued)
January 31, 2024
(Unaudited)
Investment Abbreviations:
ADR-American Depositary Receipt
    
Notes to Consolidated Schedule of Investments:
(a) The Consolidated Schedule of Investments includes the accounts of the wholly-owned subsidiary. All inter-company accounts and transactions have been eliminated in consolidations.
(b) Non-income producing security.
(c) All or a portion of this security was out on loan at January 31, 2024.
(d) Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The value of this security at January 31, 2024 represented 1.02% of the Fund’s Net Assets.
(e) Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2024.
    
  Value
October 31, 2023 		  Purchases
at Cost 		  Proceeds
from Sales 		  Change in
Unrealized
Appreciation 		  Realized
Gain 		  Value
January 31, 2024 		  Dividend
Income
Investments in Affiliated Money Market Funds:                          
Invesco Government & Agency Portfolio, Institutional Class $-   $90,608   $(88,692)   $-   $-   $1,916   $76
Investments Purchased with Cash Collateral from Securities on Loan:                          
Invesco Private Government Fund 181,380   940,324   (881,993)   -   -   239,711   2,805*
Invesco Private Prime Fund 466,235   1,576,545   (1,433,647)   16   313   609,462   7,584*
Total $647,615   $2,607,477   $(2,404,332)   $16   $313   $851,089   $10,465
    
* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.
    
(f) The rate shown is the 7-day SEC standardized yield as of January 31, 2024.
(g) The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned.  
The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.
Consolidated Schedule of Investments(a)
Invesco Alerian Galaxy Crypto Economy ETF (SATO)
January 31, 2024
(Unaudited)
  Shares   Value
Common Stocks & Other Equity Interests-84.92%
Australia-5.76%
Iris Energy Ltd.(b)(c)
  50,915   $199,587
Mawson Infrastructure Group, Inc.(b)(c)
  99,795   220,547
        420,134
Canada-9.84%
Bitfarms Ltd.(b)(c)
  117,404   273,551
Hive Digital Technologies Ltd.(b)(c)
  75,461   239,212
Hut 8 Corp.(b)(c)
  27,360   204,379
        717,142
Cayman Islands-4.77%
Bitdeer Technologies Group(b)(c)
  42,473   347,854
China-7.67%
Bit Digital, Inc.(b)(c)
  96,602   255,029
Canaan, Inc., ADR(b)(c)
  144,376   207,179
Meitu, Inc.(b)(c)(d)
  135,507   40,216
Tencent Holdings Ltd.
  1,627   56,320
        558,744
Japan-0.83%
Rakuten Group, Inc.(b)
  13,557   60,331
Norway-0.79%
Aker ASA, Class A
  961   57,761
South Korea-0.80%
Samsung Electronics Co. Ltd.
  1,073   58,448
Taiwan-0.91%
Taiwan Semiconductor Manufacturing Co. Ltd., ADR
  588   66,420
United Kingdom-3.33%
Argo Blockchain PLC, ADR(b)(c)
  120,619   242,444
United States-50.22%
Advanced Micro Devices, Inc.(b)
  404   67,747
Alphabet, Inc., Class A(b)
  421   58,982
Applied Digital Corp.(b)(c)
  39,225   201,616
Bakkt Holdings, Inc.(b)(c)
  185,060   253,532
Block, Inc., Class A(b)
  877   57,014
Cipher Mining, Inc.(b)
  86,962   264,364
CleanSpark, Inc.(b)(c)
  32,970   265,408
Coinbase Global, Inc., Class A(b)
  2,163   277,297
Galaxy Digital Holdings Ltd., Class H(b)(c)
  38,727   278,847
Goldman Sachs Group, Inc. (The)
  157   60,290
JPMorgan Chase & Co.
  349   60,852
  Shares   Value
United States-(continued)
Marathon Digital Holdings, Inc.(b)(c)
  13,677   $242,493
Micron Technology, Inc.
  713   61,140
Microsoft Corp.
  155   61,625
MicroStrategy, Inc., Class A(b)(c)
  570   285,690
NVIDIA Corp.
  109   67,064
PayPal Holdings, Inc.(b)
  970   59,510
Riot Platforms, Inc.(b)(c)
  23,405   255,114
Robinhood Markets, Inc., Class A(b)(c)
  5,080   54,559
SoFi Technologies, Inc.(b)(c)
  7,282   57,018
Stronghold Digital Mining, Inc., Class A(b)(c)
  47,573   233,583
Terawulf, Inc.(b)(c)
  159,104   265,704
Tesla, Inc.(b)
  262   49,070
Visa, Inc., Class A
  226   61,757
Western Alliance Bancorporation
  931   59,547
        3,659,823
Total Common Stocks & Other Equity Interests

(Cost $4,635,718)
  6,189,101
Private Fund-15.08%
United States-15.08%
Grayscale Bitcoin Trust BTC

(Cost $504,253)
  28,924   1,098,823
TOTAL INVESTMENTS IN SECURITIES

(excluding investments purchased with cash collateral from securities on loan)-100.00%

(Cost $5,139,971)
  7,287,924
Investments Purchased with Cash Collateral from Securities on Loan
Money Market Funds-34.53%
Invesco Private Government Fund, 5.29%(e)(f)(g)
  704,416   704,416
Invesco Private Prime Fund, 5.52%(e)(f)(g)
  1,810,587   1,811,854
Total Investments Purchased with Cash Collateral from Securities on Loan

(Cost $2,516,219)
  2,516,270
TOTAL INVESTMENTS IN SECURITIES-134.53%

(Cost $7,656,190)
  9,804,194
OTHER ASSETS LESS LIABILITIES-(34.53)%
  (2,516,360)
NET ASSETS-100.00%
  $7,287,834
Invesco Alerian Galaxy Crypto Economy ETF (SATO)—(continued)
January 31, 2024
(Unaudited)
Investment Abbreviations:
ADR-American Depositary Receipt
    
Notes to Consolidated Schedule of Investments:
(a) The Consolidated Schedule of Investments includes the accounts of the wholly-owned subsidiary. All inter-company accounts and transactions have been eliminated in consolidations.
(b) Non-income producing security.
(c) All or a portion of this security was out on loan at January 31, 2024.
(d) Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The value of this security at January 31, 2024 represented less than 1% of the Fund’s Net Assets.
(e) Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2024.
    
  Value
October 31, 2023 		  Purchases
at Cost 		  Proceeds
from Sales 		  Change in
Unrealized
Appreciation 		  Realized
Gain 		  Value
January 31, 2024 		  Dividend
Income
Investments in Affiliated Money Market Funds:                          
Invesco Government & Agency Portfolio, Institutional Class $-   $321,255   $(321,255)   $-   $-   $-   $319
Investments Purchased with Cash Collateral from Securities on Loan:                          
Invesco Private Government Fund 449,463   2,131,569   (1,876,616)   -   -   704,416   7,023*
Invesco Private Prime Fund 979,154   3,021,042   (2,189,119)   18   759   1,811,854   19,482*
Total $1,428,617   $5,473,866   $(4,386,990)   $18   $759   $2,516,270   $26,824
    
* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.
    
(f) The rate shown is the 7-day SEC standardized yield as of January 31, 2024.
(g) The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned.  
The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.
Notes to Quarterly Consolidated Schedules of Portfolio Holdings
January 31, 2024
(Unaudited)
NOTE 1—Additional Valuation Information
Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment’s assigned level:
Level 1 — Prices are determined using quoted prices in an active market for identical assets.
Level 2 — Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others.
Level 3 — Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Capital Management LLC’s assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.
The following is a summary of the tiered valuation input levels, as of January 31, 2024. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the consolidated financial statements may materially differ from the value received upon actual sale of those investments.
  Level 1   Level 2   Level 3   Total
Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF              
Investments in Securities              
Common Stocks & Other Equity Interests $2,840,355   $-   $-   $2,840,355
Private Fund 501,506   -   -   501,506
Money Market Funds 1,916   849,173   -   851,089
Total Investments $3,343,777   $849,173   $-   $4,192,950
Invesco Alerian Galaxy Crypto Economy ETF              
Investments in Securities              
Common Stocks & Other Equity Interests $6,189,101   $-   $-   $6,189,101
Private Fund 1,098,823   -   -   1,098,823
Money Market Funds -   2,516,270   -   2,516,270
Total Investments $7,287,924   $2,516,270   $-   $9,804,194