Invesco Taxable Municipal Bond ETF
92 hedge funds and large institutions have $247M invested in Invesco Taxable Municipal Bond ETF in 2015 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 28 increasing their positions, 33 reducing their positions, and 10 closing their positions.
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
6% more funds holding
Funds holding: 87 → 92 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.65% less ownership
Funds ownership: 38.02% → 37.37% (-0.65%)
5% less capital invested
Capital invested by funds: $260M → $247M (-$13.2M)
15% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
+$5.78M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.21M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.74M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$1.08M |
| 5 |
HFS
Haverford Financial Services
Radnor,
Pennsylvania
|
+$843K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$13.3M |
| 2 |
MP
Manifold Partners
San Francisco,
California
|
-$2.74M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.63M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$2.59M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.02M |
BAB Hedge Fund Activity: Q3 2015 in Review
92 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q3 2015, worth a combined $247M — down 5.1% from $260M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new BAB positions and 10 closed out — a net gain of 6 holders — while 28 added to existing stakes and 33 trimmed.
The largest buyer was Merriman Wealth Management, opening a new position worth an estimated $5.78M. The largest seller was Jane Street, exiting entirely with an estimated $13.3M sold.
- 92 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q3 2015, up from 87 in Q2 2015.
- Funds reported $247M of Invesco Taxable Municipal Bond ETF stock for Q3 2015, down 5.1% quarter-over-quarter.
- 16 funds opened new Invesco Taxable Municipal Bond ETF positions in Q3 2015 and 10 closed out, a net change of +6 holders.
- The largest Invesco Taxable Municipal Bond ETF buyer in Q3 2015 was Merriman Wealth Management, an estimated $5.78M added.
- The largest Invesco Taxable Municipal Bond ETF seller in Q3 2015 was Jane Street, an estimated $13.3M sold.
Based on aggregated 13F filings for Q3 2015.