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Invesco Taxable Municipal Bond ETF

122 hedge funds and large institutions have $316M invested in Invesco Taxable Municipal Bond ETF in 2018 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 37 increasing their positions, 35 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 20

5% more funds holding

Funds holding: 116122 (+6)

6% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 35

1.64% less ownership

Funds ownership: 38.46%36.81% (-1.6%)

8% less capital invested

Capital invested by funds: $345M → $316M (-$29.3M)

Holders
122
Holders Change
+6
Holders Change %
+5.17%
% of All Funds
2.72%
Holding in Top 10
4
Holding in Top 10 Change
+4
Holding in Top 10 Change %
% of All Funds
0.09%
New
26
Increased
37
Reduced
35
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Citigroup
51
Citigroup
New York
$426K -$43.7K -1,507 -10%
WTC
52
WhitTier Trust Company
Nevada
$407K
SPC
53
Sigma Planning Corp
Michigan
$392K +$18.3K +631 +5%
FWM
54
Focused Wealth Management
New York
$391K +$301K +10,380 +374%
IFA
55
Interactive Financial Advisors
Illinois
$389K -$12.7K -437 -3%
APA
56
American Portfolios Advisors
New York
$356K -$8.69K -300 -2%
OIA
57
Optimum Investment Advisors
Illinois
$348K
Mariner
58
Mariner
Kansas
$346K -$15.6K -537 -4%
GW
59
GW & Wade
Massachusetts
$301K +$463 +16 +0.2%
KLCM
60
KG&L Capital Management
Louisiana
$301K +$294K +10,142 New
WT
61
Whittier Trust
California
$300K -$18.9K -654 -6%
LNC
62
Lincoln National Corp
Pennsylvania
$288K +$1.48K +51 +0.5%
PAS
63
Partnervest Advisory Services
California
$282K -$75.7K -2,612 -22%
ACP
64
Ashfield Capital Partners
California
$277K -$368K -12,720 -58%
WS
65
Wedbush Securities
California
$256K +$20.1K +695 +9%
BA
66
Boston Advisors
Massachusetts
$250K -$18.2K -630 -7%
FHA
67
Flagship Harbor Advisors
Massachusetts
$249K
JP Morgan Chase
68
JP Morgan Chase
New York
$244K -$601K -20,742 -72%
RA
69
Rational Advisors
New York
$238K -$132K -4,554 -36%
Lazard Asset Management
70
Lazard Asset Management
New York
$237K
CAM
71
Caprin Asset Management
Virginia
$234K +$406 +14 +0.2%
RFC
72
Regions Financial Corp
Alabama
$226K +$38.2K +1,320 +21%
MWM
73
Merriman Wealth Management
Washington
$224K
CIBC World Market
74
CIBC World Market
Ontario, Canada
$216K +$211K +7,280 New
William Blair & Company
75
William Blair & Company
Illinois
$214K +$208K +7,193 New

BAB Hedge Fund Activity: Q4 2018 in Review

122 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q4 2018, worth a combined $316M — down 8.5% from $345M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new BAB positions and 20 closed out — a net gain of 6 holders — while 37 added to existing stakes and 35 trimmed.

The largest buyer was Redhawk Wealth Advisors, opening a new position worth an estimated $4.23M. The largest seller was Wells Fargo, cutting an estimated $10.7M.

  • 122 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q4 2018, up from 116 in Q3 2018.
  • Funds reported $316M of Invesco Taxable Municipal Bond ETF stock for Q4 2018, down 8.5% quarter-over-quarter.
  • 26 funds opened new Invesco Taxable Municipal Bond ETF positions in Q4 2018 and 20 closed out, a net change of +6 holders.
  • The largest Invesco Taxable Municipal Bond ETF buyer in Q4 2018 was Redhawk Wealth Advisors, an estimated $4.23M added.
  • The largest Invesco Taxable Municipal Bond ETF seller in Q4 2018 was Wells Fargo, an estimated $10.7M sold.

Based on aggregated 13F filings for Q4 2018.