Invesco Taxable Municipal Bond ETF
144 hedge funds and large institutions have $635M invested in Invesco Taxable Municipal Bond ETF in 2019 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 57 increasing their positions, 29 reducing their positions, and 18 closing their positions.
97% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 29
50% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 18
4% more funds holding
Funds holding: 138 → 144 (+6)
3% more capital invested
Capital invested by funds: $618M → $635M (+$16.5M)
0.03% more ownership
Funds ownership: 47.17% → 47.2% (+0.03%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$42.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$3.59M |
| 3 |
Morgan Stanley
New York
|
+$3.58M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$3.14M |
| 5 |
DCM
Donaldson Capital Management
Evansville,
Indiana
|
+$2.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$2.55M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$2.46M |
| 3 |
BWCS
Beirne Wealth Consulting Services
Shelton,
Connecticut
|
-$2.29M |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$2.21M |
| 5 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$2.2M |
BAB Hedge Fund Activity: Q4 2019 in Review
144 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q4 2019, worth a combined $635M — up 2.7% from $618M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new BAB positions and 18 closed out — a net gain of 9 holders — while 57 added to existing stakes and 29 trimmed.
The largest buyer was Truist Financial, opening a new position worth an estimated $42.5M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $2.55M.
- 144 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q4 2019, up from 138 in Q3 2019.
- Funds reported $635M of Invesco Taxable Municipal Bond ETF stock for Q4 2019, up 2.7% quarter-over-quarter.
- 27 funds opened new Invesco Taxable Municipal Bond ETF positions in Q4 2019 and 18 closed out, a net change of +9 holders.
- The largest Invesco Taxable Municipal Bond ETF buyer in Q4 2019 was Truist Financial, an estimated $42.5M added.
- The largest Invesco Taxable Municipal Bond ETF seller in Q4 2019 was Cambridge Investment Research Advisors, an estimated $2.55M sold.
Based on aggregated 13F filings for Q4 2019.