Invesco Taxable Municipal Bond ETF
122 hedge funds and large institutions have $367M invested in Invesco Taxable Municipal Bond ETF in 2017 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 48 increasing their positions, 29 reducing their positions, and 8 closing their positions.
213% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 8
66% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 29
16% more funds holding
Funds holding: 105 → 122 (+17)
6% more capital invested
Capital invested by funds: $346M → $367M (+$20.7M)
1.55% more ownership
Funds ownership: 35.74% → 37.29% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$3.54M |
| 2 |
Morgan Stanley
New York
|
+$2.06M |
| 3 |
SI
SII Investments
Appleton,
Wisconsin
|
+$1.81M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.65M |
| 5 |
JP Morgan Chase
New York
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.97M |
| 2 |
MIM
Marco Investment Management
Atlanta,
Georgia
|
-$1.22M |
| 3 |
ACA
Anchor Capital Advisors
Boston,
Massachusetts
|
-$839K |
| 4 |
APP
Avantax Planning Partners
Dubuque,
Iowa
|
-$658K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$459K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
HighTower Advisors
Chicago,
Illinois
| – | -$244K | -8,101 | Closed |
|
|
CCG
127
Chatham Capital Group
Savannah,
Georgia
| – | -$243K | -8,000 | Closed |
|
|
CCM
128
Coldstream Capital Management
Bellevue,
Washington
| – | -$208K | -6,850 | Closed |
|
129
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$92K | -3,043 | Closed |
|
|
CP
130
Corbenic Partners
Bethlehem,
Pennsylvania
| – | -$7K | -244 | Closed |
|
BAB Hedge Fund Activity: Q4 2017 in Review
122 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q4 2017, worth a combined $367M — up 6% from $346M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new BAB positions and 8 closed out — a net gain of 17 holders — while 48 added to existing stakes and 29 trimmed.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $3.54M. The largest seller was Royal Bank of Canada, cutting an estimated $1.97M.
- 122 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q4 2017, up from 105 in Q3 2017.
- Funds reported $367M of Invesco Taxable Municipal Bond ETF stock for Q4 2017, up 6% quarter-over-quarter.
- 25 funds opened new Invesco Taxable Municipal Bond ETF positions in Q4 2017 and 8 closed out, a net change of +17 holders.
- The largest Invesco Taxable Municipal Bond ETF buyer in Q4 2017 was Ladenburg Thalmann Financial Services, an estimated $3.54M added.
- The largest Invesco Taxable Municipal Bond ETF seller in Q4 2017 was Royal Bank of Canada, an estimated $1.97M sold.
Based on aggregated 13F filings for Q4 2017.