Invesco Taxable Municipal Bond ETF
143 hedge funds and large institutions have $625M invested in Invesco Taxable Municipal Bond ETF in 2020 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 51 increasing their positions, 50 reducing their positions, and 19 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
11% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 19
2% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 50
0% less ownership
Funds ownership: 47.2% → 47.2% (-0%)
1% less funds holding
Funds holding: 144 → 143 (-1)
2% less capital invested
Capital invested by funds: $635M → $625M (-$10.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$8.02M |
| 2 |
WANY
Wealthspire Advisors (New York)
New York
|
+$7.75M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$6.41M |
| 4 |
KCM
Karp Capital Management
Sausalito,
California
|
+$6.34M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$6.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$18.6M |
| 2 |
Morgan Stanley
New York
|
-$9.71M |
| 3 |
WU
Wealthsimple US
Brooklyn,
New York
|
-$7.38M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$6.6M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$5.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RFC
151
Regions Financial Corp
Birmingham,
Alabama
| – | -$214K | -6,751 | Closed |
|
152
Koshinski Asset Management
Decatur,
Illinois
| – | -$212K | -6,675 | Closed |
|
|
PWP
153
Personal Wealth Partners
Bloomington,
Minnesota
| – | -$85K | -2,687 | Closed |
|
|
TAM
154
Townsend Asset Management
Raleigh,
North Carolina
| – | -$57K | -1,815 | Closed |
|
|
IFWM
155
Institute for Wealth Management
Denver,
Colorado
| – | -$35K | -1,110 | Closed |
|
|
AF
156
Advisornet Financial
Minnetonka,
Minnesota
| – | -$17K | -536 | Closed |
|
|
ACM
157
Allred Capital Management
Dallas,
Texas
| – | -$11K | -347 | Closed |
|
158
ClearBridge Investments
New York
| – | -$11K | -338 | Closed |
|
|
PA
159
PSI Advisors
Tampa,
Florida
| – | -$6K | -201 | Closed |
|
|
AF
160
Allworth Financial
Folsom,
California
| – | -$6K | -190 | Closed |
|
|
JFA
161
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$3K | -79 | Closed |
|
|
TCWM
162
Total Clarity Wealth Management
St. Charles,
Illinois
| – | -$2K | -75 | Closed |
|
|
MWM
163
MBE Wealth Management
Tomah,
Wisconsin
| – | +$834 | +26 | New |
|
BAB Hedge Fund Activity: Q1 2020 in Review
143 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q1 2020, worth a combined $625M — down 1.6% from $635M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new BAB positions and 19 closed out — a net gain of 2 holders — while 51 added to existing stakes and 50 trimmed.
The largest buyer was Qube Research & Technologies (QRT), adding an estimated $8.02M. The largest seller was Invesco, cutting an estimated $18.6M.
- 143 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q1 2020, down from 144 in Q4 2019.
- Funds reported $625M of Invesco Taxable Municipal Bond ETF stock for Q1 2020, down 1.6% quarter-over-quarter.
- 21 funds opened new Invesco Taxable Municipal Bond ETF positions in Q1 2020 and 19 closed out, a net change of +2 holders.
- The largest Invesco Taxable Municipal Bond ETF buyer in Q1 2020 was Qube Research & Technologies (QRT), an estimated $8.02M added.
- The largest Invesco Taxable Municipal Bond ETF seller in Q1 2020 was Invesco, an estimated $18.6M sold.
Based on aggregated 13F filings for Q1 2020.