Invesco Taxable Municipal Bond ETF
78 hedge funds and large institutions have $232M invested in Invesco Taxable Municipal Bond ETF in 2014 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 29 increasing their positions, 21 reducing their positions, and 7 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
38% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 21
14% more capital invested
Capital invested by funds: $203M → $232M (+$29.2M)
8% more funds holding
Funds holding: 72 → 78 (+6)
1.56% more ownership
Funds ownership: 33.71% → 35.27% (+1.6%)
Top Buyers
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$6.48M |
| 2 |
Citigroup
New York
|
-$3.32M |
| 3 |
Jane Street
New York
|
-$2.64M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.99M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$1.41M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TFA
76
Transamerica Financial Advisors
St. Petersburg,
Florida
| $11K | +$10.6K | +376 | New |
|
|
LTFS
77
Ladenburg Thalmann Financial Services
Miami,
Florida
| $7K | – | – | – |
|
|
PAS
78
Partnervest Advisory Services
Santa Barbara,
California
| $4K | -$46.3K | -1,640 | -92% |
|
|
FCCM
79
First City Capital Management
Savannah,
Georgia
| $2.87K | +$2.82K | +100 | New |
|
|
80
Jane Street
New York
| – | -$2.64M | -96,837 | Closed |
|
|
81
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.99M | -72,762 | Closed |
|
|
BIT
82
BlackRock Institutional Trust
San Francisco,
California
| – | -$1.41M | -51,654 | Closed |
|
|
VKH
83
Virtu KCG Holdings
New York
| – | -$311K | -11,389 | Closed |
|
|
GI
84
Gradient Investments
Arden Hills,
Minnesota
| – | -$15K | -560 | Closed |
|
|
FIG
85
Fusion Investment Group
Pittsburgh,
Pennsylvania
| – | -$15K | -555 | Closed |
|
|
TRCT
86
Tower Research Capital (TRC)
New York
| – | -$10K | -349 | Closed |
|
BAB Hedge Fund Activity: Q1 2014 in Review
78 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q1 2014, worth a combined $232M — up 14% from $203M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BAB positions and 7 closed out — a net gain of 6 holders — while 29 added to existing stakes and 21 trimmed.
The largest buyer was Niemann Capital Management, opening a new position worth an estimated $7.52M. The largest seller was Morgan Stanley, cutting an estimated $6.48M.
- 78 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q1 2014, up from 72 in Q4 2013.
- Funds reported $232M of Invesco Taxable Municipal Bond ETF stock for Q1 2014, up 14% quarter-over-quarter.
- 13 funds opened new Invesco Taxable Municipal Bond ETF positions in Q1 2014 and 7 closed out, a net change of +6 holders.
- The largest Invesco Taxable Municipal Bond ETF buyer in Q1 2014 was Niemann Capital Management, an estimated $7.52M added.
- The largest Invesco Taxable Municipal Bond ETF seller in Q1 2014 was Morgan Stanley, an estimated $6.48M sold.
Based on aggregated 13F filings for Q1 2014.