Invesco Taxable Municipal Bond ETF
BAB
193 hedge funds and large institutions have $1.27B invested in Invesco Taxable Municipal Bond ETF in 2022 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 58 increasing their positions, 71 reducing their positions, and 27 closing their positions.
2.52% more ownership
Funds ownership: 61.97% → 64.49% (+2.5%)
4% less funds holding
Funds holding: 200 → 193 (-7)
15% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 27
17% less capital invested
Capital invested by funds: $1.53B → $1.27B (-$258M)
18% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 71
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$39.3M |
| 2 |
RA
Rational Advisors
Huntington,
New York
|
+$21.7M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$8.11M |
| 4 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$3.09M |
| 5 |
DCM
Donaldson Capital Management
Evansville,
Indiana
|
+$2.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$88M |
| 2 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$32.9M |
| 3 |
OSNBOA
Old Second National Bank of Aurora
Aurora,
Illinois
|
-$10.6M |
| 4 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
-$7.98M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$7.46M |
BAB Hedge Fund Activity: Q1 2022 in Review
193 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q1 2022, worth a combined $1.27B — down 17% from $1.53B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of BAB and 23 opened new positions — a net loss of 4 holders — while 71 trimmed existing stakes and 58 added.
The largest buyer was Jane Street, opening a new position worth an estimated $39.3M. The largest seller was Wells Fargo, cutting an estimated $88M.
- 193 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q1 2022, down from 200 in Q4 2021.
- Funds reported $1.27B of Invesco Taxable Municipal Bond ETF stock for Q1 2022, down 17% quarter-over-quarter.
- 23 funds opened new Invesco Taxable Municipal Bond ETF positions in Q1 2022 and 27 closed out, a net change of -4 holders.
- The largest Invesco Taxable Municipal Bond ETF buyer in Q1 2022 was Jane Street, an estimated $39.3M added.
- The largest Invesco Taxable Municipal Bond ETF seller in Q1 2022 was Wells Fargo, an estimated $88M sold.
Based on aggregated 13F filings for Q1 2022.