Invesco Taxable Municipal Bond ETF
143 hedge funds and large institutions have $756M invested in Invesco Taxable Municipal Bond ETF in 2020 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 60 increasing their positions, 32 reducing their positions, and 20 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 32
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
21% more capital invested
Capital invested by funds: $625M → $756M (+$131M)
3.55% more ownership
Funds ownership: 47.2% → 50.75% (+3.6%)
5% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 20
0% more funds holding
Funds holding: 143 → 143 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$15.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$11.2M |
| 3 |
MA
Mutual Advisors
Omaha,
Nebraska
|
+$10.9M |
| 4 |
BPB
Badgley, Phelps & Bell
Seattle,
Washington
|
+$9.87M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$7.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$5.38M |
| 2 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$4.57M |
| 3 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
-$4.24M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$4.21M |
| 5 |
PI
PFS Investments
Duluth,
Georgia
|
-$3.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AC
151
Alexandria Capital
Arlington,
Virginia
| – | -$474K | -15,345 | Closed |
|
|
BWCS
152
Beirne Wealth Consulting Services
Shelton,
Connecticut
| – | -$420K | -13,592 | Closed |
|
|
NA
153
NewEdge Advisors
New Orleans,
Louisiana
| – | -$247K | -7,987 | Closed |
|
|
NA
154
Nottingham Advisors
Amherst,
New York
| – | -$236K | -7,625 | Closed |
|
|
FFG
155
Ford Financial Group
Fresno,
California
| – | -$202K | -6,565 | Closed |
|
|
SWP
156
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$202K | -6,540 | Closed |
|
|
WQ
157
Wealth Quarterback
Toms River,
New Jersey
| – | -$40.5K | -1,309 | Closed |
|
|
ASN
158
Advisory Services Network
Atlanta,
Georgia
| – | -$36K | -1,179 | Closed |
|
|
NFG
159
Next Financial Group
Houston,
Texas
| – | -$36K | -1,158 | Closed |
|
160
Bessemer Group
Woodbridge,
New Jersey
| – | -$12K | -400 | Closed |
|
|
AIC
161
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$12K | -380 | Closed |
|
|
AAM
162
Advisors Asset Management
Monument,
Colorado
| – | -$4K | -137 | Closed |
|
|
PA
163
Parallel Advisors
San Francisco,
California
| – | -$1.47K | -46 | -75% |
|
BAB Hedge Fund Activity: Q2 2020 in Review
143 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q2 2020, worth a combined $756M — up 21% from $625M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new BAB positions and 20 closed out — a net gain of 1 holder — while 60 added to existing stakes and 32 trimmed.
The largest buyer was HighTower Advisors, adding an estimated $15.1M. The largest seller was Jane Street, exiting entirely with an estimated $5.38M sold.
- 143 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q2 2020, unchanged from Q1 2020.
- Funds reported $756M of Invesco Taxable Municipal Bond ETF stock for Q2 2020, up 21% quarter-over-quarter.
- 21 funds opened new Invesco Taxable Municipal Bond ETF positions in Q2 2020 and 20 closed out, a net change of +1 holder.
- The largest Invesco Taxable Municipal Bond ETF buyer in Q2 2020 was HighTower Advisors, an estimated $15.1M added.
- The largest Invesco Taxable Municipal Bond ETF seller in Q2 2020 was Jane Street, an estimated $5.38M sold.
Based on aggregated 13F filings for Q2 2020.