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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.

New
Increased
Maintained
Reduced
Closed

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)

Holders
187
Holders Change
-3
Holders Change %
-1.58%
% of All Funds
3.27%
Holding in Top 10
7
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-22.22%
% of All Funds
0.12%
New
11
Increased
83
Reduced
55
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Jane Street
Jane Street
New York
+$67.7M
2
CI
Conning Inc
Connecticut
+$15.7M
3
Citadel Advisors
Citadel Advisors
Florida
+$9.87M
4
PI
PFS Investments
Georgia
+$9.23M
5
Legal & General Group
Legal & General Group
United Kingdom
+$4.12M

Top Sellers

1
Truist Financial
Truist Financial
North Carolina
-$17.2M
2
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$16.1M
3
RJA
Raymond James & Associates
Florida
-$10.6M
4
PWM
PRW Wealth Management
Massachusetts
-$5.01M
5
RA
Rational Advisors
New York
-$4.33M
Name Holding Trade Value Shares
Change 		Change in
Stake
Invesco
1
Invesco
Georgia
$505M +$848K +25,299 +0.2%
Wells Fargo
2
Wells Fargo
California
$121M +$372K +11,102 +0.3%
Jane Street
3
Jane Street
New York
$107M +$67.7M +2,021,552 +164%
Bank of America
4
Bank of America
North Carolina
$63.5M +$205K +6,115 +0.3%
PI
5
PFS Investments
Georgia
$43.2M +$9.23M +275,561 +27%
PNC Financial Services Group
6
PNC Financial Services Group
Pennsylvania
$40.5M +$413K +12,323 +1%
DCM
7
Donaldson Capital Management
Indiana
$39M +$589K +17,579 +2%
WANY
8
Wealthspire Advisors (New York)
New York
$39M +$2.89M +86,312 +8%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$37M +$1.51M +45,064 +4%
Morgan Stanley
10
Morgan Stanley
New York
$31.3M +$1.71M +51,013 +6%
TIM
11
Tortoise Investment Management
New York
$26.3M -$40.9K -1,220 -0.2%
SMFG
12
Sumitomo Mitsui Financial Group
Japan
$25.9M +$3.47M +103,708 +15%
UBS Group
13
UBS Group
Switzerland
$24.4M +$637K +19,025 +3%
RJFSA
14
Raymond James Financial Services Advisors
Florida
$23.8M -$1.19M -35,493 -5%
HighTower Advisors
15
HighTower Advisors
Illinois
$21.3M +$266K +7,928 +1%
CFG
16
CNO Financial Group
Indiana
$20.4M – – –
RA
17
Rational Advisors
New York
$20.3M -$4.33M -129,146 -17%
LPL Financial
18
LPL Financial
California
$19.9M +$242K +7,221 +1%
HTC
19
Haverford Trust Company
Pennsylvania
$18.3M -$79.5K -2,373 -0.4%
KeyBank National Association
20
KeyBank National Association
Ohio
$17.3M -$1.55M -46,173 -8%
Mirae Asset Global Investments
21
Mirae Asset Global Investments
South Korea
$15.6M +$2.46M +73,330 +18%
CI
22
Conning Inc
Connecticut
$15.5M +$15.7M +470,000 New
BSB
23
Bangor Savings Bank
Maine
$14.1M -$214K -6,392 -1%
GAM
24
Gould Asset Management
California
$12.4M +$147K +4,391 +1%
Barclays
25
Barclays
United Kingdom
$11.9M +$516K +15,406 +4%
1
2 3 4 5

BAB Hedge Fund Activity: Q3 2021 in Review

187 of the 5,712 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.