Invesco Taxable Municipal Bond ETF
BAB
187 hedge funds and large institutions have $1.58B invested in Invesco Taxable Municipal Bond ETF in 2021 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 83 increasing their positions, 55 reducing their positions, and 11 closing their positions.
51% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 55
3.02% more ownership
Funds ownership: 64.96% → 67.98% (+3%)
4% more capital invested
Capital invested by funds: $1.52B → $1.58B (+$57.6M)
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
2% less funds holding
Funds holding: 190 → 187 (-3)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$67.7M |
| 2 |
CI
Conning Inc
Hartford,
Connecticut
|
+$15.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$9.87M |
| 4 |
PI
PFS Investments
Duluth,
Georgia
|
+$9.23M |
| 5 |
Legal & General Group
London,
United Kingdom
|
+$4.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
-$17.2M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$16.1M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$10.6M |
| 4 |
PWM
PRW Wealth Management
Quincy,
Massachusetts
|
-$5.01M |
| 5 |
RA
Rational Advisors
Huntington,
New York
|
-$4.33M |
BAB Hedge Fund Activity: Q3 2021 in Review
187 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q3 2021, worth a combined $1.58B — up 3.8% from $1.52B a quarter earlier.
Fund positioning in BAB was balanced in Q3 2021: 11 funds opened new positions, 11 closed out, 83 added to existing stakes and 55 trimmed.
The largest buyer was Jane Street, adding an estimated $67.7M. The largest seller was Truist Financial, cutting an estimated $17.2M.
- 187 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q3 2021, down from 190 in Q2 2021.
- Funds reported $1.58B of Invesco Taxable Municipal Bond ETF stock for Q3 2021, up 3.8% quarter-over-quarter.
- 11 funds opened new Invesco Taxable Municipal Bond ETF positions in Q3 2021 and 11 closed out, a net change of 0 holders.
- The largest Invesco Taxable Municipal Bond ETF buyer in Q3 2021 was Jane Street, an estimated $67.7M added.
- The largest Invesco Taxable Municipal Bond ETF seller in Q3 2021 was Truist Financial, an estimated $17.2M sold.
Based on aggregated 13F filings for Q3 2021.