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Invesco Taxable Municipal Bond ETF
BAB

144 hedge funds and large institutions have $635M invested in Invesco Taxable Municipal Bond ETF in 2019 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 57 increasing their positions, 29 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

97% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 29

50% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 18

4% more funds holding

Funds holding: 138 → 144 (+6)

3% more capital invested

Capital invested by funds: $618M → $635M (+$16.5M)

0.03% more ownership

Funds ownership: 47.17% → 47.2% (+0.03%)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

Holders
144
Holders Change
+6
Holders Change %
+4.35%
% of All Funds
2.84%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.06%
New
27
Increased
57
Reduced
29
Closed
18
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Truist Financial
Truist Financial
North Carolina
+$42.5M
2
Invesco
Invesco
Georgia
+$3.59M
3
Morgan Stanley
Morgan Stanley
New York
+$3.58M
4
Qube Research & Technologies (QRT)
Qube Research & Technologies (QRT)
United Kingdom
+$3.14M
5
DCM
Donaldson Capital Management
Indiana
+$2.43M

Top Sellers

1
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors
Iowa
-$2.55M
2
Citadel Advisors
Citadel Advisors
Florida
-$2.46M
3
BWCS
Beirne Wealth Consulting Services
Connecticut
-$2.29M
4
AWM
AE Wealth Management
Kansas
-$2.21M
5
SS
Simplicity Solutions
Minnesota
-$2.2M
Name Holding Trade Value Shares
Change 		Change in
Stake
Invesco
1
Invesco
Georgia
$97.3M +$3.59M +112,332 +4%
Truist Financial
2
Truist Financial
North Carolina
$42.1M +$42.5M +1,329,842 New
Bank of America
3
Bank of America
North Carolina
$41.8M -$862K -26,966 -2%
Morgan Stanley
4
Morgan Stanley
New York
$40.7M +$3.58M +111,946 +10%
PNC Financial Services Group
5
PNC Financial Services Group
Pennsylvania
$39.1M -$200K -6,249 -0.5%
PI
6
PFS Investments
Georgia
$35.6M +$374K +11,699 +1%
DCM
7
Donaldson Capital Management
Indiana
$34.9M +$2.43M +75,885 +7%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$33.1M +$1.76M +55,114 +6%
UBS Group
9
UBS Group
Switzerland
$23.6M +$426K +13,325 +2%
Wells Fargo
10
Wells Fargo
California
$23M +$2.15M +67,279 +10%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$22.7M +$1.2M +37,528 +6%
KeyBank National Association
12
KeyBank National Association
Ohio
$20.7M +$45.3K +1,416 +0.2%
HTC
13
Haverford Trust Company
Pennsylvania
$14.7M +$321K +10,037 +2%
RJA
14
Raymond James & Associates
Florida
$12.2M +$108K +3,378 +0.9%
SMFG
15
Sumitomo Mitsui Financial Group
Japan
$11.9M -$1.75M -54,749 -13%
BSB
16
Bangor Savings Bank
Maine
$9.87M +$514K +16,069 +5%
WANY
17
Wealthspire Advisors (New York)
New York
$8.44M +$305K +9,544 +4%
WU
18
Wealthsimple US
New York
$8.42M +$8.5M +265,879 New
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$6.77M -$2.55M -79,865 -27%
LPL Financial
20
LPL Financial
California
$6.04M +$468K +14,642 +8%
TNBTD
21
Trustmark National Bank Trust Department
Mississippi
$5.45M -$137K -4,283 -2%
KWM
22
Kingsview Wealth Management
Oregon
$4.91M +$1.22M +38,265 +33%
Envestnet Asset Management
23
Envestnet Asset Management
Illinois
$4.88M +$148K +4,638 +3%
RGC
24
Roberts, Glore & Co
Illinois
$3.93M +$1.72M +53,890 +77%
PG
25
Patten Group
Tennessee
$3.92M +$955K +29,879 +32%
1
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BAB Hedge Fund Activity: Q4 2019 in Review

144 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q4 2019, worth a combined $635M — up 2.7% from $618M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new BAB positions and 18 closed out — a net gain of 9 holders — while 57 added to existing stakes and 29 trimmed.

The largest buyer was Truist Financial, opening a new position worth an estimated $42.5M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $2.55M.

  • 144 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q4 2019, up from 138 in Q3 2019.
  • Funds reported $635M of Invesco Taxable Municipal Bond ETF stock for Q4 2019, up 2.7% quarter-over-quarter.
  • 27 funds opened new Invesco Taxable Municipal Bond ETF positions in Q4 2019 and 18 closed out, a net change of +9 holders.
  • The largest Invesco Taxable Municipal Bond ETF buyer in Q4 2019 was Truist Financial, an estimated $42.5M added.
  • The largest Invesco Taxable Municipal Bond ETF seller in Q4 2019 was Cambridge Investment Research Advisors, an estimated $2.55M sold.

Based on aggregated 13F filings for Q4 2019.