We are live on ! Find out more
BAB icon

Invesco Taxable Municipal Bond ETF
BAB

78 hedge funds and large institutions have $232M invested in Invesco Taxable Municipal Bond ETF in 2014 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 29 increasing their positions, 21 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

86% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 7

38% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 21

14% more capital invested

Capital invested by funds: $203M → $232M (+$29.2M)

8% more funds holding

Funds holding: 72 → 78 (+6)

1.56% more ownership

Funds ownership: 33.71% → 35.27% (+1.6%)

Holders
78
Holders Change
+6
Holders Change %
+8.33%
% of All Funds
2.25%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
13
Increased
29
Reduced
21
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
NCM
Niemann Capital Management
Nevada
+$7.52M
2
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$5.8M
3
CCG
Chatham Capital Group
Georgia
+$5.26M
4
Bank of America
Bank of America
North Carolina
+$1.55M
5
BTS
BB&T Securities
Virginia
+$943K

Top Sellers

1
Morgan Stanley
Morgan Stanley
New York
-$6.48M
2
Citigroup
Citigroup
New York
-$3.32M
3
Jane Street
Jane Street
New York
-$2.64M
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$1.99M
5
BIT
BlackRock Institutional Trust
California
-$1.41M
Name Holding Trade Value Shares
Change 		Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$42.3M -$6.48M -229,559 -13%
Bank of America
2
Bank of America
North Carolina
$22.5M +$1.55M +54,793 +8%
PNC Financial Services Group
3
PNC Financial Services Group
Pennsylvania
$17.4M -$440K -15,582 -3%
Wells Fargo
4
Wells Fargo
California
$12.3M +$914K +32,406 +8%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$11.6M +$5.8M +205,531 +104%
KeyBank National Association
6
KeyBank National Association
Ohio
$10.9M +$810K +28,718 +8%
LG
7
Leuthold Group
Minnesota
$10.2M -$986K -34,946 -9%
HTC
8
Haverford Trust Company
Pennsylvania
$10.1M +$55.5K +1,968 +0.6%
BTS
9
BB&T Securities
Virginia
$9.6M +$943K +33,410 New
U
10
UBS
Switzerland
$9.29M -$626K -22,183 -6%
TIM
11
Tortoise Investment Management
New York
$8.25M +$117K +4,138 +1%
NCM
12
Niemann Capital Management
Nevada
$7.66M +$7.52M +266,662 New
LPL Financial
13
LPL Financial
California
$6.16M -$591K -20,953 -9%
CCG
14
Chatham Capital Group
Georgia
$5.36M +$5.26M +186,550 New
NC
15
NewSquare Capital
Pennsylvania
$5.3M +$143K +5,082 +3%
BSB
16
Bangor Savings Bank
Maine
$4.62M +$241K +8,535 +6%
KAM
17
Keeley Asset Management
Illinois
$3.62M – – –
Natixis Advisors
18
Natixis Advisors
Massachusetts
$2.39M -$307K -10,880 -12%
Invesco
19
Invesco
Georgia
$2.34M +$338K +11,992 +17%
GAM
20
Gould Asset Management
California
$2.01M +$305K +10,814 +18%
TNBTD
21
Trustmark National Bank Trust Department
Mississippi
$1.94M +$706K +25,032 +59%
RJA
22
Raymond James & Associates
Florida
$1.8M +$92.4K +3,275 +6%
YP
23
Yellowstone Partners
Idaho
$1.62M -$5.16K -183 -0.3%
ACM
24
Avalon Capital Management
California
$1.51M +$486K +17,235 +49%
GC
25
Guggenheim Capital
Illinois
$1.44M -$27K -956 -2%
1
2 3 4

BAB Hedge Fund Activity: Q1 2014 in Review

78 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q1 2014, worth a combined $232M — up 14% from $203M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new BAB positions and 7 closed out — a net gain of 6 holders — while 29 added to existing stakes and 21 trimmed.

The largest buyer was Niemann Capital Management, opening a new position worth an estimated $7.52M. The largest seller was Morgan Stanley, cutting an estimated $6.48M.

  • 78 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q1 2014, up from 72 in Q4 2013.
  • Funds reported $232M of Invesco Taxable Municipal Bond ETF stock for Q1 2014, up 14% quarter-over-quarter.
  • 13 funds opened new Invesco Taxable Municipal Bond ETF positions in Q1 2014 and 7 closed out, a net change of +6 holders.
  • The largest Invesco Taxable Municipal Bond ETF buyer in Q1 2014 was Niemann Capital Management, an estimated $7.52M added.
  • The largest Invesco Taxable Municipal Bond ETF seller in Q1 2014 was Morgan Stanley, an estimated $6.48M sold.

Based on aggregated 13F filings for Q1 2014.