Rotella Capital Management’s Invesco National AMT-Free Municipal Bond ETF PZA Stock Holding History

Rotella Capital Management’s Portfolio PZA Stock Details PZA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-33,900	Closed	-$778K	–	263
2013 Q4	$778K	Buy	33,900 +15,200	+81%	+$351K	1.54%	23
2013 Q3	$431K	Buy	+18,700	New	+$430K	0.8%	43

Other funds holding PZA

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

AssetMark Inc Concord, California $49B AUM 17.78% 1-Year Est. Return

UBS Zurich, Switzerland $136B AUM 16.36% 1-Year Est. Return

UBS AM Chicago, Illinois $481B AUM 26.39% 1-Year Est. Return

ACM

Ashford Capital Management Wilmington, Delaware $809M AUM 35.1% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

BTS

BB&T Securities Richmond, Virginia $10.9B AUM 5.31% 1-Year Est. Return

FAAM

First Allied Asset Management San Diego, California $712M AUM 9.35% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

Rotella Capital Management's PZA Position: Q1 2014 in Review

Rotella Capital Management sold out of Invesco National AMT-Free Municipal Bond ETF (PZA) in Q1 2014, closing a stake of 33,900 shares — an estimated $778K sold.

Rotella Capital Management first reported a position in PZA in Q3 2013 and held it in 2 quarters. The position peaked at $778K in Q4 2013. 66 funds tracked by Wall St. Rank hold PZA as of Q1 2014.

Rotella Capital Management reported no remaining Invesco National AMT-Free Municipal Bond ETF position as of Q1 2014 after selling out during the quarter.
Rotella Capital Management sold 33,900 Invesco National AMT-Free Municipal Bond ETF shares in Q1 2014, an estimated $778K.
Rotella Capital Management first reported a position in Invesco National AMT-Free Municipal Bond ETF in Q3 2013 and held it in 2 quarters.
Rotella Capital Management's Invesco National AMT-Free Municipal Bond ETF position peaked at $778K in Q4 2013.
66 funds tracked by Wall St. Rank held Invesco National AMT-Free Municipal Bond ETF as of Q1 2014.

Based on Rotella Capital Management's 13F filing for Q1 2014, filed 21 May 2014.