Invesco Taxable Municipal Bond ETF
BAB
122 hedge funds and large institutions have $316M invested in Invesco Taxable Municipal Bond ETF in 2018 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 37 increasing their positions, 35 reducing their positions, and 20 closing their positions.
30% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 20
5% more funds holding
Funds holding: 116 → 122 (+6)
6% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 35
1.64% less ownership
Funds ownership: 38.46% → 36.81% (-1.6%)
9% less capital invested
Capital invested by funds: $345M → $316M (-$29.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
+$4.23M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$2.63M |
| 3 |
CIAS
Capital Investment Advisory Services
Raleigh,
North Carolina
|
+$1.79M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.15M |
| 5 |
SG Americas Securities
New York
|
+$878K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$10.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$6.95M |
| 3 |
DF
Donoghue Forlines
Boston,
Massachusetts
|
-$5.89M |
| 4 |
Morgan Stanley
New York
|
-$5.02M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.91M |
BAB Hedge Fund Activity: Q4 2018 in Review
122 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q4 2018, worth a combined $316M — down 8.5% from $345M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new BAB positions and 20 closed out — a net gain of 6 holders — while 37 added to existing stakes and 35 trimmed.
The largest buyer was Redhawk Wealth Advisors, opening a new position worth an estimated $4.23M. The largest seller was Wells Fargo, cutting an estimated $10.7M.
- 122 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q4 2018, up from 116 in Q3 2018.
- Funds reported $316M of Invesco Taxable Municipal Bond ETF stock for Q4 2018, down 8.5% quarter-over-quarter.
- 26 funds opened new Invesco Taxable Municipal Bond ETF positions in Q4 2018 and 20 closed out, a net change of +6 holders.
- The largest Invesco Taxable Municipal Bond ETF buyer in Q4 2018 was Redhawk Wealth Advisors, an estimated $4.23M added.
- The largest Invesco Taxable Municipal Bond ETF seller in Q4 2018 was Wells Fargo, an estimated $10.7M sold.
Based on aggregated 13F filings for Q4 2018.