We are live on ! Find out more
BAB icon

Invesco Taxable Municipal Bond ETF
BAB

111 hedge funds and large institutions have $355M invested in Invesco Taxable Municipal Bond ETF in 2016 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 40 increasing their positions, 34 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

18% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 34

0.32% more ownership

Funds ownership: 35.93% → 36.25% (+0.32%)

4% less funds holding

Funds holding: 116 → 111 (-5)

9% less capital invested

Capital invested by funds: $389M → $355M (-$34.3M)

13% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 15

Holders
111
Holders Change
-5
Holders Change %
-4.31%
% of All Funds
2.77%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
13
Increased
40
Reduced
34
Closed
15
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Wolverine Trading
Wolverine Trading
Illinois
+$12.7M
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$6.91M
3
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$6.39M
4
TIM
Tortoise Investment Management
New York
+$3.86M
5
Jane Street
Jane Street
New York
+$2.24M

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$14.5M
2
UBS Group
UBS Group
Switzerland
-$5.62M
3
BAAM
Baker Avenue Asset Management
California
-$5.28M
4
KeyBank National Association
KeyBank National Association
Ohio
-$5.07M
5
Wells Fargo
Wells Fargo
California
-$3.78M
Name Holding Trade Value Shares
Change 		Change in
Stake
WEC
76
Winslow Evans & Crocker
Massachusetts
$240K – – –
IWMPD
77
Integrated Wealth Management (Palm Desert)
California
$235K – – –
CCG
78
Chatham Capital Group
Georgia
$233K – – –
Lazard Asset Management
79
Lazard Asset Management
New York
$232K – – –
TSS
80
Two Sigma Securities
New York
$225K +$231K +7,727 New
IH
81
IFC Holdings
Florida
$220K – – –
PFA
82
Paradigm Financial Advisors
Missouri
$216K -$10.2K -340 -4%
WT
83
Whittier Trust
California
$215K – – –
IA
84
IFP Advisors
Florida
$212K -$180K -6,030 -45%
HFS
85
Haverford Financial Services
Pennsylvania
$209K – – –
FHA
86
Flagship Harbor Advisors
Massachusetts
$208K +$214K +7,139 New
TIA
87
Tiemann Investment Advisors
California
$206K – – –
BWP
88
Baldwin Wealth Partners
Massachusetts
$198K +$12K +400 +6%
FTUS
89
Flow Traders U.S.
New York
$164K – – –
DADC
90
D.A. Davidson & Co
Montana
$156K +$97K +3,240 +151%
SF
91
Synovus Financial
Georgia
$144K – – –
FHA
92
First Horizon Advisors
Tennessee
$115K – – –
IPC
93
Independent Portfolio Consultants
Florida
$109K -$2.39K -80 -2%
Fifth Third Bancorp
94
Fifth Third Bancorp
Ohio
$82K +$59.9K +2,000 +242%
FWM
95
Focused Wealth Management
New York
$81K -$352K -11,750 -81%
Thrivent Financial for Lutherans
96
Thrivent Financial for Lutherans
Minnesota
$72K -$77.1K -2,575 -51%
PSC
97
Prentiss Smith & Co
Vermont
$43K – – –
VCM
98
Versant Capital Management
Arizona
$28K +$269 +9 +0.9%
US Bancorp
99
US Bancorp
Minnesota
$26K – – –
Creative Planning
100
Creative Planning
Kansas
$24K -$2.42K -81 -9%
2 3
4
5 6

BAB Hedge Fund Activity: Q4 2016 in Review

111 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q4 2016, worth a combined $355M — down 8.8% from $389M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of BAB and 13 opened new positions — a net loss of 2 holders — while 34 trimmed existing stakes and 40 added.

The largest buyer was Wolverine Trading, adding an estimated $12.7M. The largest seller was Morgan Stanley, cutting an estimated $14.5M.

  • 111 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q4 2016, down from 116 in Q3 2016.
  • Funds reported $355M of Invesco Taxable Municipal Bond ETF stock for Q4 2016, down 8.8% quarter-over-quarter.
  • 13 funds opened new Invesco Taxable Municipal Bond ETF positions in Q4 2016 and 15 closed out, a net change of -2 holders.
  • The largest Invesco Taxable Municipal Bond ETF buyer in Q4 2016 was Wolverine Trading, an estimated $12.7M added.
  • The largest Invesco Taxable Municipal Bond ETF seller in Q4 2016 was Morgan Stanley, an estimated $14.5M sold.

Based on aggregated 13F filings for Q4 2016.