Invesco Taxable Municipal Bond ETF
188 hedge funds and large institutions have $1.4B invested in Invesco Taxable Municipal Bond ETF in 2021 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 82 increasing their positions, 47 reducing their positions, and 23 closing their positions.
74% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 47
13% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 23
2.35% more ownership
Funds ownership: 59.64% → 61.98% (+2.3%)
2% more funds holding
Funds holding: 185 → 188 (+3)
1% more capital invested
Capital invested by funds: $1.39B → $1.4B (+$10.8M)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$46.6M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$23.1M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$16.7M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$14M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$13M |
| 2 |
MA
Mutual Advisors
Omaha,
Nebraska
|
-$11.9M |
| 3 |
BPB
Badgley, Phelps & Bell
Seattle,
Washington
|
-$11.5M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$10.2M |
| 5 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
-$7.61M |
BAB Hedge Fund Activity: Q1 2021 in Review
188 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q1 2021, worth a combined $1.4B — up 0.77% from $1.39B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new BAB positions and 23 closed out — a net gain of 3 holders — while 82 added to existing stakes and 47 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $46.6M. The largest seller was Morgan Stanley, cutting an estimated $13M.
- 188 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q1 2021, up from 185 in Q4 2020.
- Funds reported $1.4B of Invesco Taxable Municipal Bond ETF stock for Q1 2021, up 0.77% quarter-over-quarter.
- 26 funds opened new Invesco Taxable Municipal Bond ETF positions in Q1 2021 and 23 closed out, a net change of +3 holders.
- The largest Invesco Taxable Municipal Bond ETF buyer in Q1 2021 was Jane Street, an estimated $46.6M added.
- The largest Invesco Taxable Municipal Bond ETF seller in Q1 2021 was Morgan Stanley, an estimated $13M sold.
Based on aggregated 13F filings for Q1 2021.