We are live on ! Find out more
BAB icon

Invesco Taxable Municipal Bond ETF
BAB

115 hedge funds and large institutions have $350M invested in Invesco Taxable Municipal Bond ETF in 2017 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 33 increasing their positions, 48 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 9

50% more funds holding in top 10

Funds holding in top 10: 2 → 3 (+1)

4% more funds holding

Funds holding: 111 → 115 (+4)

0.2% more ownership

Funds ownership: 36.25% → 36.45% (+0.2%)

1% less capital invested

Capital invested by funds: $355M → $350M (-$4.76M)

31% less repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 48

Holders
115
Holders Change
+4
Holders Change %
+3.6%
% of All Funds
2.86%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
14
Increased
33
Reduced
48
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
RJFSA
Raymond James Financial Services Advisors
Florida
+$8M
2
Wolverine Trading
Wolverine Trading
Illinois
+$2.8M
3
OMC
Old Mission Capital
Illinois
+$2.34M
4
Bank of America
Bank of America
North Carolina
+$2.11M
5
ACA
Anchor Capital Advisors
Massachusetts
+$1.7M

Top Sellers

1
Morgan Stanley
Morgan Stanley
New York
-$7.26M
2
Wells Fargo
Wells Fargo
California
-$5.7M
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$5.7M
4
NC
NewSquare Capital
Pennsylvania
-$2.95M
5
Citadel Advisors
Citadel Advisors
Florida
-$1.58M
Name Holding Trade Value Shares
Change 		Change in
Stake
AA
26
Advisory Alpha
Michigan
$2.1M +$242K +8,279 +13%
ACM
27
Avalon Capital Management
California
$2.08M +$444K +15,174 +27%
PG
28
Patten Group
Tennessee
$2.02M +$34.6K +1,185 +2%
APP
29
Avantax Planning Partners
Iowa
$1.93M -$147K -5,022 -7%
ACA
30
Anchor Capital Advisors
Massachusetts
$1.7M +$1.7M +58,055 New
VKH
31
Virtu KCG Holdings
New York
$1.65M -$79.8K -2,730 -5%
Janney Montgomery Scott
32
Janney Montgomery Scott
Pennsylvania
$1.55M -$105K -3,597 -6%
Susquehanna International Group
33
Susquehanna International Group
Pennsylvania
$1.48M -$5.7M -194,912 -79%
GAM
34
Gould Asset Management
California
$1.44M -$563K -19,262 -28%
CAN
35
Cetera Advisor Networks
California
$1.43M +$30.3K +1,035 +2%
TNBTD
36
Trustmark National Bank Trust Department
Mississippi
$1.41M -$911K -31,148 -39%
LG
37
Leuthold Group
Minnesota
$1.39M – – –
ECM
38
Exchange Capital Management
Michigan
$1.19M -$41.9K -1,432 -3%
MIM
39
Marco Investment Management
Georgia
$1.17M -$39.1K -1,336 -3%
Envestnet Asset Management
40
Envestnet Asset Management
Illinois
$1.16M +$227K +7,778 +24%
KCM
41
Karp Capital Management
California
$1.01M +$1M +34,280 New
BWM
42
BerganKDV Wealth Management
Minnesota
$971K -$34.6K -1,182 -3%
FAAS
43
First Allied Advisory Services
California
$889K +$125K +4,264 +17%
AFP
44
Ausdal Financial Partners
Iowa
$687K +$50.8K +1,739 +8%
Commonwealth Equity Services
45
Commonwealth Equity Services
Massachusetts
$674K -$101K -3,445 -13%
SG
46
StoneX Group
New York
$658K +$6.08K +208 +0.9%
WPIC
47
White Pine Investment Company
Michigan
$611K +$71.3K +2,440 +13%
WS
48
Wedbush Securities
California
$581K +$37.4K +1,280 +7%
OIA
49
Optimum Investment Advisors
Illinois
$568K -$11.7K -400 -2%
BA
50
Boston Advisors
Massachusetts
$552K -$80.4K -2,750 -13%
1
2
3 4 5

BAB Hedge Fund Activity: Q1 2017 in Review

115 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q1 2017, worth a combined $350M — down 1.3% from $355M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new BAB positions and 9 closed out — a net gain of 5 holders — while 33 added to existing stakes and 48 trimmed.

The largest buyer was Raymond James Financial Services Advisors, adding an estimated $8M. The largest seller was Morgan Stanley, cutting an estimated $7.26M.

  • 115 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q1 2017, up from 111 in Q4 2016.
  • Funds reported $350M of Invesco Taxable Municipal Bond ETF stock for Q1 2017, down 1.3% quarter-over-quarter.
  • 14 funds opened new Invesco Taxable Municipal Bond ETF positions in Q1 2017 and 9 closed out, a net change of +5 holders.
  • The largest Invesco Taxable Municipal Bond ETF buyer in Q1 2017 was Raymond James Financial Services Advisors, an estimated $8M added.
  • The largest Invesco Taxable Municipal Bond ETF seller in Q1 2017 was Morgan Stanley, an estimated $7.26M sold.

Based on aggregated 13F filings for Q1 2017.