Invesco Taxable Municipal Bond ETF
193 hedge funds and large institutions have $1.09B invested in Invesco Taxable Municipal Bond ETF in 2023 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 69 increasing their positions, 56 reducing their positions, and 23 closing their positions.
52% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 23
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
23% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 56
8% more capital invested
Capital invested by funds: $1.01B → $1.09B (+$84.1M)
7% more funds holding
Funds holding: 181 → 193 (+12)
0.84% more ownership
Funds ownership: 68.26% → 69.1% (+0.84%)
100% less call options, than puts
Call options by funds: $5K | Put options by funds: $1.83M
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$15.9M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$8.33M |
| 3 |
WANY
Wealthspire Advisors (New York)
New York
|
+$7.53M |
| 4 |
PO
Private Ocean
San Rafael,
California
|
+$6.87M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$5.73M |
Top Sellers
| 1 |
Jane Street
New York
|
-$25.3M |
| 2 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$11.5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$5.83M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$4.11M |
| 5 |
AWP
Accretive Wealth Partners
Parsippany,
New Jersey
|
-$3.54M |
BAB Hedge Fund Activity: Q4 2023 in Review
193 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q4 2023, worth a combined $1.09B — up 8.3% from $1.01B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new BAB positions and 23 closed out — a net gain of 12 holders — while 69 added to existing stakes and 56 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $15.9M. The largest seller was Jane Street, exiting entirely with an estimated $25.3M sold.
- 193 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q4 2023, up from 181 in Q3 2023.
- Funds reported $1.09B of Invesco Taxable Municipal Bond ETF stock for Q4 2023, up 8.3% quarter-over-quarter.
- 35 funds opened new Invesco Taxable Municipal Bond ETF positions in Q4 2023 and 23 closed out, a net change of +12 holders.
- The largest Invesco Taxable Municipal Bond ETF buyer in Q4 2023 was Morgan Stanley, an estimated $15.9M added.
- The largest Invesco Taxable Municipal Bond ETF seller in Q4 2023 was Jane Street, an estimated $25.3M sold.
Based on aggregated 13F filings for Q4 2023.