Invesco Taxable Municipal Bond ETF
116 hedge funds and large institutions have $345M invested in Invesco Taxable Municipal Bond ETF in 2018 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 30 increasing their positions, 45 reducing their positions, and 19 closing their positions.
0% more funds holding
Funds holding: 116 → 116 (0)
0% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 19
0.73% less ownership
Funds ownership: 39.18% → 38.46% (-0.73%)
7% less capital invested
Capital invested by funds: $370M → $345M (-$24.3M)
33% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 45
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DF
Donoghue Forlines
Boston,
Massachusetts
|
+$5.96M |
| 2 |
AA
Advisory Alpha
Holland,
Michigan
|
+$2.17M |
| 3 |
BSB
Bangor Savings Bank
Bangor,
Maine
|
+$2.12M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.62M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
-$7.94M |
| 2 |
Jane Street
New York
|
-$5.75M |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$3.8M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$2.7M |
| 5 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$2.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIP
126
Almanack Investment Partners
Wayne,
Pennsylvania
| – | -$185K | -6,243 | Closed |
|
|
BCA
127
Bay Colony Advisors
Concord,
Massachusetts
| – | -$59K | -1,989 | Closed |
|
128
SEI Investments
Oaks,
Pennsylvania
| – | -$48K | -1,633 | Closed |
|
|
ADL
129
Asset Dedication LLC
San Francisco,
California
| – | -$41K | -1,403 | Closed |
|
|
ARMC
130
American Research & Management Company
Marion,
Massachusetts
| – | -$18K | -600 | Closed |
|
|
SFM
131
Signet Financial Management
Parsippany,
New Jersey
| – | -$15K | -509 | Closed |
|
|
ECM
132
Exchange Capital Management
Ann Arbor,
Michigan
| – | -$14K | -456 | Closed |
|
|
BBHC
133
Brown Brothers Harriman & Co
New York
| – | -$7K | -231 | Closed |
|
134
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$6K | -200 | Closed |
|
135
UBS AM
Chicago,
Illinois
| – | -$1.98K | -67 | Closed |
|
136
Fidelity Investments
Boston,
Massachusetts
| – | +$59 | +2 | New |
|
BAB Hedge Fund Activity: Q3 2018 in Review
116 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q3 2018, worth a combined $345M — down 6.6% from $370M a quarter earlier.
Fund positioning in BAB was balanced in Q3 2018: 19 funds opened new positions, 19 closed out, 30 added to existing stakes and 45 trimmed.
The largest buyer was Donoghue Forlines, opening a new position worth an estimated $5.96M. The largest seller was Merriman Wealth Management, cutting an estimated $7.94M.
- 116 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q3 2018, unchanged from Q2 2018.
- Funds reported $345M of Invesco Taxable Municipal Bond ETF stock for Q3 2018, down 6.6% quarter-over-quarter.
- 19 funds opened new Invesco Taxable Municipal Bond ETF positions in Q3 2018 and 19 closed out, a net change of 0 holders.
- The largest Invesco Taxable Municipal Bond ETF buyer in Q3 2018 was Donoghue Forlines, an estimated $5.96M added.
- The largest Invesco Taxable Municipal Bond ETF seller in Q3 2018 was Merriman Wealth Management, an estimated $7.94M sold.
Based on aggregated 13F filings for Q3 2018.