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Invesco Taxable Municipal Bond ETF

200 hedge funds and large institutions have $1.53B invested in Invesco Taxable Municipal Bond ETF in 2021 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 69 increasing their positions, 65 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

82% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 17

14% more funds holding in top 10

Funds holding in top 10: 78 (+1)

7% more funds holding

Funds holding: 187200 (+13)

6% more repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 65

3% less capital invested

Capital invested by funds: $1.58B → $1.53B (-$45.1M)

6.01% less ownership

Funds ownership: 67.98%61.97% (-6%)

Holders
200
Holders Change
+13
Holders Change %
+6.95%
% of All Funds
3.08%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.12%
New
31
Increased
69
Reduced
65
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
1
Invesco
Georgia
$511M +$4.82M +146,155 +1%
Wells Fargo
2
Wells Fargo
California
$123M +$1.18M +35,623 +1%
Bank of America
3
Bank of America
North Carolina
$64.4M +$810K +24,534 +1%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$51.5M +$14.5M +438,185 +39%
WANY
5
Wealthspire Advisors (New York)
New York
$48.5M +$9.46M +286,651 +24%
PI
6
PFS Investments
Georgia
$43.9M +$984K +29,800 +2%
DCM
7
Donaldson Capital Management
Indiana
$41.8M +$2.71M +82,230 +7%
PNC Financial Services Group
8
PNC Financial Services Group
Pennsylvania
$40.9M +$317K +9,616 +0.8%
IWC
9
Integrated Wealth Concepts
Massachusetts
$32.9M +$32.9M +997,019 New
Morgan Stanley
10
Morgan Stanley
New York
$29.6M -$1.74M -52,653 -6%
SMFG
11
Sumitomo Mitsui Financial Group
Japan
$28.7M +$2.75M +83,168 +11%
UBS Group
12
UBS Group
Switzerland
$26.5M +$2.08M +62,956 +8%
RA
13
Rational Advisors
New York
$25.4M +$5.14M +155,684 +25%
TIM
14
Tortoise Investment Management
New York
$23.2M -$3.1M -93,904 -12%
HighTower Advisors
15
HighTower Advisors
Illinois
$21.9M +$556K +16,844 +3%
LPL Financial
16
LPL Financial
California
$20.6M +$662K +20,056 +3%
CFG
17
CNO Financial Group
Indiana
$20.4M
HTC
18
Haverford Trust Company
Pennsylvania
$19M +$637K +19,302 +3%
KeyBank National Association
19
KeyBank National Association
Ohio
$17.4M +$77K +2,332 +0.4%
RJA
20
Raymond James & Associates
Florida
$15.7M +$3.84M +116,362 +32%
CI
21
Conning Inc
Connecticut
$15.5M
BSB
22
Bangor Savings Bank
Maine
$14.7M +$620K +18,782 +4%
RJFSA
23
Raymond James Financial Services Advisors
Florida
$14.5M -$9.38M -284,197 -39%
GAM
24
Gould Asset Management
California
$12.6M +$258K +7,828 +2%
OSNBOA
25
Old Second National Bank of Aurora
Illinois
$11.7M +$11.2M +339,022 +4,050%

BAB Hedge Fund Activity: Q4 2021 in Review

200 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q4 2021, worth a combined $1.53B — down 2.9% from $1.58B a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new BAB positions and 17 closed out — a net gain of 14 holders — while 69 added to existing stakes and 65 trimmed.

The largest buyer was Integrated Wealth Concepts, opening a new position worth an estimated $32.9M. The largest seller was Jane Street, exiting entirely with an estimated $107M sold.

  • 200 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q4 2021, up from 187 in Q3 2021.
  • Funds reported $1.53B of Invesco Taxable Municipal Bond ETF stock for Q4 2021, down 2.9% quarter-over-quarter.
  • 31 funds opened new Invesco Taxable Municipal Bond ETF positions in Q4 2021 and 17 closed out, a net change of +14 holders.
  • The largest Invesco Taxable Municipal Bond ETF buyer in Q4 2021 was Integrated Wealth Concepts, an estimated $32.9M added.
  • The largest Invesco Taxable Municipal Bond ETF seller in Q4 2021 was Jane Street, an estimated $107M sold.

Based on aggregated 13F filings for Q4 2021.