Invesco Taxable Municipal Bond ETF
105 hedge funds and large institutions have $346M invested in Invesco Taxable Municipal Bond ETF in 2017 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 36 increasing their positions, 33 reducing their positions, and 13 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 33
3% more capital invested
Capital invested by funds: $337M → $346M (+$8.98M)
0.93% more ownership
Funds ownership: 34.8% → 35.74% (+0.93%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less funds holding
Funds holding: 113 → 105 (-8)
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$3.8M |
| 2 |
FA
FDx Advisors
Chicago,
Illinois
|
+$1.77M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.74M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.42M |
| 5 |
Morgan Stanley
New York
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$4.16M |
| 2 |
AA
Advisory Alpha
Holland,
Michigan
|
-$1.84M |
| 3 |
LG
Leuthold Group
Minneapolis,
Minnesota
|
-$1.42M |
| 4 |
ECM
Exchange Capital Management
Ann Arbor,
Michigan
|
-$1.01M |
| 5 |
PCM
Peak Capital Management
Greenwood Village,
Colorado
|
-$871K |
BAB Hedge Fund Activity: Q3 2017 in Review
105 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q3 2017, worth a combined $346M — up 2.7% from $337M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of BAB and 6 opened new positions — a net loss of 7 holders — while 33 trimmed existing stakes and 36 added.
The largest buyer was UBS Group, adding an estimated $3.8M. The largest seller was Jane Street, exiting entirely with an estimated $4.16M sold.
- 105 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q3 2017, down from 113 in Q2 2017.
- Funds reported $346M of Invesco Taxable Municipal Bond ETF stock for Q3 2017, up 2.7% quarter-over-quarter.
- 6 funds opened new Invesco Taxable Municipal Bond ETF positions in Q3 2017 and 13 closed out, a net change of -7 holders.
- The largest Invesco Taxable Municipal Bond ETF buyer in Q3 2017 was UBS Group, an estimated $3.8M added.
- The largest Invesco Taxable Municipal Bond ETF seller in Q3 2017 was Jane Street, an estimated $4.16M sold.
Based on aggregated 13F filings for Q3 2017.