Invesco Taxable Municipal Bond ETF
96 hedge funds and large institutions have $248M invested in Invesco Taxable Municipal Bond ETF in 2015 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 34 increasing their positions, 29 reducing their positions, and 10 closing their positions.
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
17% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 29
4% more funds holding
Funds holding: 92 → 96 (+4)
1% more capital invested
Capital invested by funds: $247M → $248M (+$1.32M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.44% less ownership
Funds ownership: 37.37% → 36.93% (-0.44%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$4.48M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.51M |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$2.08M |
| 4 |
MIM
Marco Investment Management
Atlanta,
Georgia
|
+$1.2M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
-$5.85M |
| 2 |
Morgan Stanley
New York
|
-$4.03M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.36M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.37M |
| 5 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
-$1.12M |
BAB Hedge Fund Activity: Q4 2015 in Review
96 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q4 2015, worth a combined $248M — up 0.53% from $247M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new BAB positions and 10 closed out — a net gain of 4 holders — while 34 added to existing stakes and 29 trimmed.
The largest buyer was LPL Financial, adding an estimated $4.48M. The largest seller was Merriman Wealth Management, exiting entirely with an estimated $5.85M sold.
- 96 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q4 2015, up from 92 in Q3 2015.
- Funds reported $248M of Invesco Taxable Municipal Bond ETF stock for Q4 2015, up 0.53% quarter-over-quarter.
- 14 funds opened new Invesco Taxable Municipal Bond ETF positions in Q4 2015 and 10 closed out, a net change of +4 holders.
- The largest Invesco Taxable Municipal Bond ETF buyer in Q4 2015 was LPL Financial, an estimated $4.48M added.
- The largest Invesco Taxable Municipal Bond ETF seller in Q4 2015 was Merriman Wealth Management, an estimated $5.85M sold.
Based on aggregated 13F filings for Q4 2015.