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Invesco Taxable Municipal Bond ETF

185 hedge funds and large institutions have $1.39B invested in Invesco Taxable Municipal Bond ETF in 2020 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 75 increasing their positions, 35 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

159% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 17

114% more repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 35

14% more funds holding in top 10

Funds holding in top 10: 78 (+1)

14% more funds holding

Funds holding: 162185 (+23)

10% more capital invested

Capital invested by funds: $1.27B → $1.39B (+$125M)

0.18% less ownership

Funds ownership: 59.82%59.64% (-0.18%)

Holders
185
Holders Change
+23
Holders Change %
+14.2%
% of All Funds
3.27%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.14%
New
44
Increased
75
Reduced
35
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BPB
26
Badgley, Phelps & Bell
Washington
$11.5M +$921K +27,802 +9%
OSNBOA
27
Old Second National Bank of Aurora
Illinois
$10.6M +$10.5M +316,641 New
Bank of Montreal
28
Bank of Montreal
Ontario, Canada
$10.6M +$2.88M +86,870 +38%
KCM
29
Karp Capital Management
California
$9.17M -$746K -22,523 -8%
SFO
30
Stokes Family Office
Louisiana
$8.26M +$906K +27,360 +12%
1WM
31
1900 Wealth Management
Texas
$7.81M +$7.72M +232,994 New
MWM
32
Merriman Wealth Management
Washington
$7.61M +$7.52M +227,041 New
APWA
33
Atlas Private Wealth Advisors
New Jersey
$7.38M +$954K +28,807 +15%
Osaic Holdings
34
Osaic Holdings
Arizona
$6.58M +$335K +10,108 +5%
Citadel Advisors
35
Citadel Advisors
Florida
$6.46M +$6.38M +192,698 New
AHC
36
Anderson Hoagland & Co
Missouri
$6.41M +$6.34M +191,338 New
RA
37
Rational Advisors
New York
$5.43M +$3.59M +108,491 +203%
ACM
38
Ascendant Capital Management
California
$5.36M +$5.3M +160,000 New
PG
39
Patten Group
Tennessee
$4.84M +$10.8K +326 +0.2%
KC
40
Kingfisher Capital
North Carolina
$4.76M +$167K +5,051 +4%
Ameriprise
41
Ameriprise
Minnesota
$4.64M +$385K +11,635 +9%
RGC
42
Roberts, Glore & Co
Illinois
$4.39M -$157K -4,743 -3%
PWM
43
Paulson Wealth Management
Illinois
$4.25M +$4.2M +126,947 New
Janney Montgomery Scott
44
Janney Montgomery Scott
Pennsylvania
$3.93M -$544K -16,430 -12%
CIAS
45
Capital Investment Advisory Services
North Carolina
$3.88M +$475K +14,341 +14%
JPLA
46
Joseph P. Lucia & Associates
New York
$3.72M -$31.5K -952 -0.9%
MML Investors Services
47
MML Investors Services
Massachusetts
$3.58M +$248K +7,501 +8%
AWP
48
Accretive Wealth Partners
New Jersey
$3.48M +$3.44M +103,994 New
ECM
49
Exchange Capital Management
Michigan
$3.2M +$510K +15,410 +19%
FANJ
50
Financial Architects (New Jersey)
New Jersey
$2.87M +$2.84M +85,764 New

BAB Hedge Fund Activity: Q4 2020 in Review

185 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q4 2020, worth a combined $1.39B — up 9.9% from $1.27B a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new BAB positions and 17 closed out — a net gain of 27 holders — while 75 added to existing stakes and 35 trimmed.

The largest buyer was Wells Fargo, adding an estimated $32.3M. The largest seller was Bank of America, cutting an estimated $16.4M.

  • 185 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q4 2020, up from 162 in Q3 2020.
  • Funds reported $1.39B of Invesco Taxable Municipal Bond ETF stock for Q4 2020, up 9.9% quarter-over-quarter.
  • 44 funds opened new Invesco Taxable Municipal Bond ETF positions in Q4 2020 and 17 closed out, a net change of +27 holders.
  • The largest Invesco Taxable Municipal Bond ETF buyer in Q4 2020 was Wells Fargo, an estimated $32.3M added.
  • The largest Invesco Taxable Municipal Bond ETF seller in Q4 2020 was Bank of America, an estimated $16.4M sold.

Based on aggregated 13F filings for Q4 2020.