Invesco Taxable Municipal Bond ETF
182 hedge funds and large institutions have $1.08B invested in Invesco Taxable Municipal Bond ETF in 2022 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 48 increasing their positions, 68 reducing their positions, and 23 closing their positions.
6.38% more ownership
Funds ownership: 62.25% → 68.63% (+6.4%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
4% less capital invested
Capital invested by funds: $1.13B → $1.08B (-$48.3M)
3% less funds holding
Funds holding: 188 → 182 (-6)
22% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 23
29% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$89M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$13.1M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$9.46M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$8.79M |
| 5 |
WANY
Wealthspire Advisors (New York)
New York
|
+$8.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$12.9M |
| 2 |
DPRC
Deer Park Road Corp
Steamboat Springs,
Colorado
|
-$11.1M |
| 3 |
RA
Rational Advisors
Huntington,
New York
|
-$9.11M |
| 4 |
DCM
Donaldson Capital Management
Evansville,
Indiana
|
-$7.67M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.37M |
BAB Hedge Fund Activity: Q3 2022 in Review
182 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q3 2022, worth a combined $1.08B — down 4.3% from $1.13B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of BAB and 18 opened new positions — a net loss of 5 holders — while 68 trimmed existing stakes and 48 added.
The largest buyer was Jane Street, adding an estimated $89M. The largest seller was LPL Financial, cutting an estimated $12.9M.
- 182 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q3 2022, down from 188 in Q2 2022.
- Funds reported $1.08B of Invesco Taxable Municipal Bond ETF stock for Q3 2022, down 4.3% quarter-over-quarter.
- 18 funds opened new Invesco Taxable Municipal Bond ETF positions in Q3 2022 and 23 closed out, a net change of -5 holders.
- The largest Invesco Taxable Municipal Bond ETF buyer in Q3 2022 was Jane Street, an estimated $89M added.
- The largest Invesco Taxable Municipal Bond ETF seller in Q3 2022 was LPL Financial, an estimated $12.9M sold.
Based on aggregated 13F filings for Q3 2022.