Invesco Taxable Municipal Bond ETF
BAB
116 hedge funds and large institutions have $345M invested in Invesco Taxable Municipal Bond ETF in 2018 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 30 increasing their positions, 46 reducing their positions, and 18 closing their positions.
6% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 18
1% more funds holding
Funds holding: 115 → 116 (+1)
0.52% less ownership
Funds ownership: 38.97% → 38.46% (-0.52%)
6% less capital invested
Capital invested by funds: $368M → $345M (-$22.1M)
35% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 46
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DF
Donoghue Forlines
Boston,
Massachusetts
|
+$5.96M |
| 2 |
AA
Advisory Alpha
Holland,
Michigan
|
+$2.17M |
| 3 |
BSB
Bangor Savings Bank
Bangor,
Maine
|
+$2.12M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.62M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
-$7.94M |
| 2 |
Jane Street
New York
|
-$5.75M |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$3.8M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$2.7M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$1.72M |
BAB Hedge Fund Activity: Q3 2018 in Review
116 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q3 2018, worth a combined $345M — down 6% from $368M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new BAB positions and 18 closed out — a net gain of 1 holder — while 30 added to existing stakes and 46 trimmed.
The largest buyer was Donoghue Forlines, opening a new position worth an estimated $5.96M. The largest seller was Merriman Wealth Management, cutting an estimated $7.94M.
- 116 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q3 2018, up from 115 in Q2 2018.
- Funds reported $345M of Invesco Taxable Municipal Bond ETF stock for Q3 2018, down 6% quarter-over-quarter.
- 19 funds opened new Invesco Taxable Municipal Bond ETF positions in Q3 2018 and 18 closed out, a net change of +1 holder.
- The largest Invesco Taxable Municipal Bond ETF buyer in Q3 2018 was Donoghue Forlines, an estimated $5.96M added.
- The largest Invesco Taxable Municipal Bond ETF seller in Q3 2018 was Merriman Wealth Management, an estimated $7.94M sold.
Based on aggregated 13F filings for Q3 2018.