Invesco Taxable Municipal Bond ETF
85 hedge funds and large institutions have $249M invested in Invesco Taxable Municipal Bond ETF in 2014 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 33 increasing their positions, 23 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
43% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 23
9% more funds holding
Funds holding: 78 → 85 (+7)
7% more capital invested
Capital invested by funds: $232M → $249M (+$16.2M)
0.18% more ownership
Funds ownership: 35.27% → 35.45% (+0.18%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.99M |
| 2 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
+$3.92M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.59M |
| 4 |
Jane Street
New York
|
+$3.08M |
| 5 |
CWM
Cabot Wealth Management
Salem,
Massachusetts
|
+$1.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.77M |
| 2 |
Natixis Advisors
Boston,
Massachusetts
|
-$2.39M |
| 3 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$1.8M |
| 4 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
-$1.51M |
| 5 |
SCG
Strategic Capital Group
Gig Harbor,
Washington
|
-$1.01M |
BAB Hedge Fund Activity: Q2 2014 in Review
85 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q2 2014, worth a combined $249M — up 7% from $232M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BAB positions and 5 closed out — a net gain of 8 holders — while 33 added to existing stakes and 23 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $4.99M. The largest seller was Morgan Stanley, cutting an estimated $4.77M.
- 85 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q2 2014, up from 78 in Q1 2014.
- Funds reported $249M of Invesco Taxable Municipal Bond ETF stock for Q2 2014, up 7% quarter-over-quarter.
- 13 funds opened new Invesco Taxable Municipal Bond ETF positions in Q2 2014 and 5 closed out, a net change of +8 holders.
- The largest Invesco Taxable Municipal Bond ETF buyer in Q2 2014 was Royal Bank of Canada, an estimated $4.99M added.
- The largest Invesco Taxable Municipal Bond ETF seller in Q2 2014 was Morgan Stanley, an estimated $4.77M sold.
Based on aggregated 13F filings for Q2 2014.