Invesco Taxable Municipal Bond ETF
186 hedge funds and large institutions have $677M invested in Invesco Taxable Municipal Bond ETF in 2026 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 72 increasing their positions, 53 reducing their positions, and 22 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 53
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
0% less capital invested
Capital invested by funds: $677M → $677M (-$4.27K)
0.53% less ownership
Funds ownership: 66.05% → 65.51% (-0.53%)
6% less funds holding
Funds holding: 197 → 186 (-11)
18% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Rational Advisors
Huntington,
New York
|
+$7.85M |
| 2 |
ECA
Elevation Capital Advisory
Bend,
Oregon
|
+$7.8M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.31M |
| 4 |
AAS
Annex Advisory Services
Brookfield,
Wisconsin
|
+$3.11M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$2.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$11.2M |
| 2 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$8.57M |
| 3 |
Bank of New York Mellon
New York
|
-$3.21M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.47M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.22M |
BAB Hedge Fund Activity: Q1 2026 in Review
186 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q1 2026, worth a combined $677M — down 0% from $677M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of BAB and 18 opened new positions — a net loss of 4 holders — while 53 trimmed existing stakes and 72 added.
The largest buyer was Rational Advisors, adding an estimated $7.85M. The largest seller was Bank of Montreal, cutting an estimated $11.2M.
- 186 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q1 2026, down from 197 in Q4 2025.
- Funds reported $677M of Invesco Taxable Municipal Bond ETF stock for Q1 2026, down 0% quarter-over-quarter.
- 18 funds opened new Invesco Taxable Municipal Bond ETF positions in Q1 2026 and 22 closed out, a net change of -4 holders.
- The largest Invesco Taxable Municipal Bond ETF buyer in Q1 2026 was Rational Advisors, an estimated $7.85M added.
- The largest Invesco Taxable Municipal Bond ETF seller in Q1 2026 was Bank of Montreal, an estimated $11.2M sold.
Based on aggregated 13F filings for Q1 2026.