Invesco Taxable Municipal Bond ETF
202 hedge funds and large institutions have $672M invested in Invesco Taxable Municipal Bond ETF in 2024 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 67 increasing their positions, 74 reducing their positions, and 18 closing their positions.
32% more call options, than puts
Call options by funds: $638K | Put options by funds: $483K
11% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 18
0% more funds holding
Funds holding: 202 → 202 (0)
9% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 74
1.24% less ownership
Funds ownership: 59.18% → 57.94% (-1.2%)
14% less capital invested
Capital invested by funds: $780M → $672M (-$109M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
+$5.81M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$4.38M |
| 3 |
MAM
Milestone Asset Management
Pittsburgh,
Pennsylvania
|
+$4.36M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$3.54M |
| 5 |
AWS
Atria Wealth Solutions
New York
|
+$2.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WANY
Wealthspire Advisors (New York)
New York
|
-$73M |
| 2 |
PO
Private Ocean
San Rafael,
California
|
-$25.1M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$12.6M |
| 4 |
Goldman Sachs
New York
|
-$7.73M |
| 5 |
RA
Rational Advisors
Huntington,
New York
|
-$5.4M |
BAB Hedge Fund Activity: Q2 2024 in Review
202 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q2 2024, worth a combined $672M — down 14% from $780M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new BAB positions and 18 closed out — a net gain of 2 holders — while 67 added to existing stakes and 74 trimmed.
The largest buyer was Merriman Wealth Management, opening a new position worth an estimated $5.81M. The largest seller was Wealthspire Advisors (New York), cutting an estimated $73M.
- 202 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q2 2024, unchanged from Q1 2024.
- Funds reported $672M of Invesco Taxable Municipal Bond ETF stock for Q2 2024, down 14% quarter-over-quarter.
- 20 funds opened new Invesco Taxable Municipal Bond ETF positions in Q2 2024 and 18 closed out, a net change of +2 holders.
- The largest Invesco Taxable Municipal Bond ETF buyer in Q2 2024 was Merriman Wealth Management, an estimated $5.81M added.
- The largest Invesco Taxable Municipal Bond ETF seller in Q2 2024 was Wealthspire Advisors (New York), an estimated $73M sold.
Based on aggregated 13F filings for Q2 2024.