Invesco Taxable Municipal Bond ETF
124 hedge funds and large institutions have $487M invested in Invesco Taxable Municipal Bond ETF in 2019 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 53 increasing their positions, 30 reducing their positions, and 10 closing their positions.
77% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 30
34% more capital invested
Capital invested by funds: $363M → $487M (+$123M)
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
1.76% more ownership
Funds ownership: 41.61% → 43.36% (+1.8%)
2% more funds holding
Funds holding: 122 → 124 (+2)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$50.8M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$13.2M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$8.66M |
| 4 |
SMFG
Sumitomo Mitsui Financial Group
Tokyo,
Japan
|
+$7.97M |
| 5 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
+$5.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JPLA
Joseph P. Lucia & Associates
Yorktown Heights,
New York
|
-$26.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$5.06M |
| 3 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
-$4.56M |
| 4 |
Morgan Stanley
New York
|
-$1.53M |
| 5 |
ACA
Atlas Capital Advisors
Jackson,
Wyoming
|
-$1.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$288K | -9,446 | Closed |
|
127
Jane Street
New York
| – | -$206K | -6,755 | Closed |
|
|
CRC
128
Curi RMB Capital
Chicago,
Illinois
| – | -$204K | -6,707 | Closed |
|
|
SWM
129
SeaCrest Wealth Management
Purchase,
New York
| – | -$19K | -610 | Closed |
|
130
SEI Investments
Oaks,
Pennsylvania
| – | -$17K | -549 | Closed |
|
|
NWM
131
Northwest Wealth Management
Spencer,
Iowa
| – | -$14K | -445 | Closed |
|
|
EWM
132
Executive Wealth Management
Brighton,
Michigan
| – | -$3K | -100 | Closed |
|
133
Fidelity Investments
Boston,
Massachusetts
| – | +$31 | +1 | New |
|
BAB Hedge Fund Activity: Q2 2019 in Review
124 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q2 2019, worth a combined $487M — up 34% from $363M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BAB positions and 10 closed out — a net gain of 3 holders — while 53 added to existing stakes and 30 trimmed.
The largest buyer was Invesco, adding an estimated $50.8M. The largest seller was Joseph P. Lucia & Associates, cutting an estimated $26.1M.
- 124 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q2 2019, up from 122 in Q1 2019.
- Funds reported $487M of Invesco Taxable Municipal Bond ETF stock for Q2 2019, up 34% quarter-over-quarter.
- 13 funds opened new Invesco Taxable Municipal Bond ETF positions in Q2 2019 and 10 closed out, a net change of +3 holders.
- The largest Invesco Taxable Municipal Bond ETF buyer in Q2 2019 was Invesco, an estimated $50.8M added.
- The largest Invesco Taxable Municipal Bond ETF seller in Q2 2019 was Joseph P. Lucia & Associates, an estimated $26.1M sold.
Based on aggregated 13F filings for Q2 2019.