Invesco Taxable Municipal Bond ETF
190 hedge funds and large institutions have $1.52B invested in Invesco Taxable Municipal Bond ETF in 2021 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 78 increasing their positions, 58 reducing their positions, and 16 closing their positions.
34% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 58
25% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 16
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
8% more capital invested
Capital invested by funds: $1.4B → $1.52B (+$117M)
2.97% more ownership
Funds ownership: 61.98% → 64.96% (+3%)
1% more funds holding
Funds holding: 188 → 190 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$70.9M |
| 2 |
RA
Rational Advisors
Huntington,
New York
|
+$13.9M |
| 3 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
+$8.47M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$6.2M |
| 5 |
PWM
PRW Wealth Management
Quincy,
Massachusetts
|
+$4.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OSNBOA
Old Second National Bank of Aurora
Aurora,
Illinois
|
-$12.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$9.65M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$7.54M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$6.49M |
| 5 |
PI
PFS Investments
Duluth,
Georgia
|
-$6.09M |
BAB Hedge Fund Activity: Q2 2021 in Review
190 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q2 2021, worth a combined $1.52B — up 8.4% from $1.4B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new BAB positions and 16 closed out — a net gain of 4 holders — while 78 added to existing stakes and 58 trimmed.
The largest buyer was Invesco, adding an estimated $70.9M. The largest seller was Old Second National Bank of Aurora, exiting entirely with an estimated $12.1M sold.
- 190 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q2 2021, up from 188 in Q1 2021.
- Funds reported $1.52B of Invesco Taxable Municipal Bond ETF stock for Q2 2021, up 8.4% quarter-over-quarter.
- 20 funds opened new Invesco Taxable Municipal Bond ETF positions in Q2 2021 and 16 closed out, a net change of +4 holders.
- The largest Invesco Taxable Municipal Bond ETF buyer in Q2 2021 was Invesco, an estimated $70.9M added.
- The largest Invesco Taxable Municipal Bond ETF seller in Q2 2021 was Old Second National Bank of Aurora, an estimated $12.1M sold.
Based on aggregated 13F filings for Q2 2021.