Invesco Taxable Municipal Bond ETF
BAB
112 hedge funds and large institutions have $373M invested in Invesco Taxable Municipal Bond ETF in 2016 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 44 increasing their positions, 30 reducing their positions, and 11 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 30
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
10% more capital invested
Capital invested by funds: $338M → $373M (+$34.5M)
5% more funds holding
Funds holding: 107 → 112 (+5)
0.84% less ownership
Funds ownership: 40.17% → 39.33% (-0.84%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$9.2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$7.85M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$5.46M |
| 4 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
+$4.78M |
| 5 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
+$4.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$8.98M |
| 2 |
LPL Financial
San Diego,
California
|
-$7.29M |
| 3 |
LG
Leuthold Group
Minneapolis,
Minnesota
|
-$3.93M |
| 4 |
Jane Street
New York
|
-$3.3M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$2.07M |
BAB Hedge Fund Activity: Q2 2016 in Review
112 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q2 2016, worth a combined $373M — up 10% from $338M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new BAB positions and 11 closed out — a net gain of 5 holders — while 44 added to existing stakes and 30 trimmed.
The largest buyer was UBS Group, adding an estimated $9.2M. The largest seller was Invesco, cutting an estimated $8.98M.
- 112 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q2 2016, up from 107 in Q1 2016.
- Funds reported $373M of Invesco Taxable Municipal Bond ETF stock for Q2 2016, up 10% quarter-over-quarter.
- 16 funds opened new Invesco Taxable Municipal Bond ETF positions in Q2 2016 and 11 closed out, a net change of +5 holders.
- The largest Invesco Taxable Municipal Bond ETF buyer in Q2 2016 was UBS Group, an estimated $9.2M added.
- The largest Invesco Taxable Municipal Bond ETF seller in Q2 2016 was Invesco, an estimated $8.98M sold.
Based on aggregated 13F filings for Q2 2016.