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Invesco Taxable Municipal Bond ETF

193 hedge funds and large institutions have $1.27B invested in Invesco Taxable Municipal Bond ETF in 2022 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 58 increasing their positions, 71 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.52% more ownership

Funds ownership: 61.97%64.49% (+2.5%)

4% less funds holding

Funds holding: 200193 (-7)

15% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 27

17% less capital invested

Capital invested by funds: $1.53B → $1.27B (-$258M)

18% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 71

38% less funds holding in top 10

Funds holding in top 10: 85 (-3)

Holders
193
Holders Change
-7
Holders Change %
-3.5%
% of All Funds
3.04%
Holding in Top 10
5
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-37.5%
% of All Funds
0.08%
New
23
Increased
58
Reduced
71
Closed
27
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FNBOSM
151
First National Bank of South Miami
Florida
$169K
CAM
152
Caprin Asset Management
Virginia
$164K
Fifth Third Bancorp
153
Fifth Third Bancorp
Ohio
$149K
BWP
154
Baldwin Wealth Partners
Massachusetts
$134K
CAPTRUST Financial Advisors
155
CAPTRUST Financial Advisors
North Carolina
$133K +$9.68K +310 +7%
US Bancorp
156
US Bancorp
Minnesota
$122K
GWM
157
Geneos Wealth Management
Colorado
$118K
Rockefeller Capital Management
158
Rockefeller Capital Management
New York
$118K
PFGIA
159
Patriot Financial Group Insurance Agency
Massachusetts
$94K -$12.2K -392 -11%
OIA
160
Optimum Investment Advisors
Illinois
$82K
BEI
161
Benjamin Edwards Inc
Missouri
$72K -$2.87K -92 -4%
SWM
162
Spire Wealth Management
Virginia
$71K -$749 -24 -1%
Carson Wealth (CWM LLC)
163
Carson Wealth (CWM LLC)
Nebraska
$68K
RIM
164
Rockbridge Investment Management
New York
$60.6K -$2.44K -78 -4%
First Manhattan
165
First Manhattan
New York
$59K +$62.1K +1,990 New
WAM
166
Wolverine Asset Management
Illinois
$47K +$49.6K +1,590 New
CTC
167
Central Trust Company
Missouri
$37K
CFGS
168
Concourse Financial Group Securities
Alabama
$36K -$84.3K -2,701 -69%
FRA
169
Front Row Advisors
California
$36K
TAM
170
Townsend Asset Management
North Carolina
$36K
CT
171
Caldwell Trust
Florida
$34.1K
National Bank of Canada
172
National Bank of Canada
Quebec, Canada
$33K
VCM
173
Versant Capital Management
Arizona
$31K
CA
174
Clearstead Advisors
Ohio
$27K -$4.84K -155 -15%
SFCL
175
Strengthening Families & Communities LLC
Massachusetts
$25K +$26.6K +853 New

BAB Hedge Fund Activity: Q1 2022 in Review

193 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q1 2022, worth a combined $1.27B — down 17% from $1.53B a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of BAB and 23 opened new positions — a net loss of 4 holders — while 71 trimmed existing stakes and 58 added.

The largest buyer was Jane Street, opening a new position worth an estimated $39.3M. The largest seller was Wells Fargo, cutting an estimated $88M.

  • 193 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q1 2022, down from 200 in Q4 2021.
  • Funds reported $1.27B of Invesco Taxable Municipal Bond ETF stock for Q1 2022, down 17% quarter-over-quarter.
  • 23 funds opened new Invesco Taxable Municipal Bond ETF positions in Q1 2022 and 27 closed out, a net change of -4 holders.
  • The largest Invesco Taxable Municipal Bond ETF buyer in Q1 2022 was Jane Street, an estimated $39.3M added.
  • The largest Invesco Taxable Municipal Bond ETF seller in Q1 2022 was Wells Fargo, an estimated $88M sold.

Based on aggregated 13F filings for Q1 2022.