Invesco Taxable Municipal Bond ETF
202 hedge funds and large institutions have $780M invested in Invesco Taxable Municipal Bond ETF in 2024 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 74 increasing their positions, 65 reducing their positions, and 16 closing their positions.
75% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 16
14% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 65
5% more funds holding
Funds holding: 193 → 202 (+9)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
9.92% less ownership
Funds ownership: 69.1% → 59.18% (-9.9%)
29% less capital invested
Capital invested by funds: $1.09B → $780M (-$315M)
96% less call options, than puts
Call options by funds: $32K | Put options by funds: $717K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$7.78M |
| 2 |
Goldman Sachs
New York
|
+$7.6M |
| 3 |
WANY
Wealthspire Advisors (New York)
New York
|
+$6.43M |
| 4 |
Jane Street
New York
|
+$6.01M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$247M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$50.9M |
| 3 |
Morgan Stanley
New York
|
-$17.6M |
| 4 |
OBWG
Onyx Bridge Wealth Group
Tarrytown,
New York
|
-$6.15M |
| 5 |
RA
Rational Advisors
Huntington,
New York
|
-$6.1M |
BAB Hedge Fund Activity: Q1 2024 in Review
202 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q1 2024, worth a combined $780M — down 29% from $1.09B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new BAB positions and 16 closed out — a net gain of 12 holders — while 74 added to existing stakes and 65 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $7.78M. The largest seller was Invesco, cutting an estimated $247M.
- 202 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q1 2024, up from 193 in Q4 2023.
- Funds reported $780M of Invesco Taxable Municipal Bond ETF stock for Q1 2024, down 29% quarter-over-quarter.
- 28 funds opened new Invesco Taxable Municipal Bond ETF positions in Q1 2024 and 16 closed out, a net change of +12 holders.
- The largest Invesco Taxable Municipal Bond ETF buyer in Q1 2024 was Bank of New York Mellon, an estimated $7.78M added.
- The largest Invesco Taxable Municipal Bond ETF seller in Q1 2024 was Invesco, an estimated $247M sold.
Based on aggregated 13F filings for Q1 2024.