Invesco Taxable Municipal Bond ETF
116 hedge funds and large institutions have $389M invested in Invesco Taxable Municipal Bond ETF in 2016 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 44 increasing their positions, 31 reducing their positions, and 12 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 31
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
4% more funds holding
Funds holding: 112 → 116 (+4)
5% more capital invested
Capital invested by funds: $372M → $389M (+$17M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.39% less ownership
Funds ownership: 39.33% → 35.93% (-3.4%)
Top Buyers
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$9.76M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$9.23M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$3.61M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.25M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$2.98M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EAM
126
Eventide Asset Management
Boston,
Massachusetts
| – | -$133K | -4,211 | Closed |
|
127
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$8K | -245 | Closed |
|
|
GWS
128
Glassman Wealth Services
Vienna,
Virginia
| – | -$5K | -173 | Closed |
|
BAB Hedge Fund Activity: Q3 2016 in Review
116 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q3 2016, worth a combined $389M — up 4.6% from $372M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new BAB positions and 12 closed out — a net gain of 5 holders — while 44 added to existing stakes and 31 trimmed.
The largest buyer was PNC Financial Services Group, adding an estimated $9.76M. The largest seller was Avalon Capital Management, exiting entirely with an estimated $4.69M sold.
- 116 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q3 2016, up from 112 in Q2 2016.
- Funds reported $389M of Invesco Taxable Municipal Bond ETF stock for Q3 2016, up 4.6% quarter-over-quarter.
- 17 funds opened new Invesco Taxable Municipal Bond ETF positions in Q3 2016 and 12 closed out, a net change of +5 holders.
- The largest Invesco Taxable Municipal Bond ETF buyer in Q3 2016 was PNC Financial Services Group, an estimated $9.76M added.
- The largest Invesco Taxable Municipal Bond ETF seller in Q3 2016 was Avalon Capital Management, an estimated $4.69M sold.
Based on aggregated 13F filings for Q3 2016.