Invesco Taxable Municipal Bond ETF
BAB
162 hedge funds and large institutions have $1.27B invested in Invesco Taxable Municipal Bond ETF in 2020 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 84 increasing their positions, 28 reducing their positions, and 8 closing their positions.
225% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 8
200% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 28
68% more capital invested
Capital invested by funds: $756M → $1.27B (+$511M)
13% more funds holding
Funds holding: 144 → 162 (+18)
9.07% more ownership
Funds ownership: 50.75% → 59.82% (+9.1%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$304M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$54.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$31.7M |
| 4 |
WAM
Wealthspire Advisors (Maryland)
Potomac,
Maryland
|
+$28M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$9.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$3.7M |
| 2 |
ACA
Atlas Capital Advisors
Jackson,
Wyoming
|
-$3.4M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$1.63M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.34M |
| 5 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$796K |
BAB Hedge Fund Activity: Q3 2020 in Review
162 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q3 2020, worth a combined $1.27B — up 68% from $756M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new BAB positions and 8 closed out — a net gain of 18 holders — while 84 added to existing stakes and 28 trimmed.
The largest buyer was Invesco, adding an estimated $304M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $3.7M.
- 162 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q3 2020, up from 144 in Q2 2020.
- Funds reported $1.27B of Invesco Taxable Municipal Bond ETF stock for Q3 2020, up 68% quarter-over-quarter.
- 26 funds opened new Invesco Taxable Municipal Bond ETF positions in Q3 2020 and 8 closed out, a net change of +18 holders.
- The largest Invesco Taxable Municipal Bond ETF buyer in Q3 2020 was Invesco, an estimated $304M added.
- The largest Invesco Taxable Municipal Bond ETF seller in Q3 2020 was Raymond James Financial Services Advisors, an estimated $3.7M sold.
Based on aggregated 13F filings for Q3 2020.