Invesco Taxable Municipal Bond ETF
185 hedge funds and large institutions have $1.39B invested in Invesco Taxable Municipal Bond ETF in 2020 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 75 increasing their positions, 35 reducing their positions, and 17 closing their positions.
159% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 17
114% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 35
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
14% more funds holding
Funds holding: 162 → 185 (+23)
10% more capital invested
Capital invested by funds: $1.27B → $1.39B (+$125M)
0.18% less ownership
Funds ownership: 59.82% → 59.64% (-0.18%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$32.3M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$27.9M |
| 3 |
OSNBOA
Old Second National Bank of Aurora
Aurora,
Illinois
|
+$10.5M |
| 4 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
+$7.52M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$6.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$16.4M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$4.69M |
| 3 |
Morgan Stanley
New York
|
-$3.06M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$2.15M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.11M |
BAB Hedge Fund Activity: Q4 2020 in Review
185 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q4 2020, worth a combined $1.39B — up 9.9% from $1.27B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new BAB positions and 17 closed out — a net gain of 27 holders — while 75 added to existing stakes and 35 trimmed.
The largest buyer was Wells Fargo, adding an estimated $32.3M. The largest seller was Bank of America, cutting an estimated $16.4M.
- 185 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q4 2020, up from 162 in Q3 2020.
- Funds reported $1.39B of Invesco Taxable Municipal Bond ETF stock for Q4 2020, up 9.9% quarter-over-quarter.
- 44 funds opened new Invesco Taxable Municipal Bond ETF positions in Q4 2020 and 17 closed out, a net change of +27 holders.
- The largest Invesco Taxable Municipal Bond ETF buyer in Q4 2020 was Wells Fargo, an estimated $32.3M added.
- The largest Invesco Taxable Municipal Bond ETF seller in Q4 2020 was Bank of America, an estimated $16.4M sold.
Based on aggregated 13F filings for Q4 2020.