Invesco Taxable Municipal Bond ETF
BAB
177 hedge funds and large institutions have $989M invested in Invesco Taxable Municipal Bond ETF in 2022 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 42 increasing their positions, 80 reducing their positions, and 22 closing their positions.
5% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 22
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
2.6% less ownership
Funds ownership: 68.63% → 66.02% (-2.6%)
3% less funds holding
Funds holding: 182 → 177 (-5)
9% less capital invested
Capital invested by funds: $1.09B → $989M (-$103M)
48% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 80
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$33.7M |
| 2 |
RA
Rational Advisors
Huntington,
New York
|
+$12.1M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$9.98M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$7.91M |
| 5 |
WANY
Wealthspire Advisors (New York)
New York
|
+$6.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$105M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$13.6M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$11.5M |
| 4 |
KMWM
Keudell/Morrison Wealth Management
Salem,
Oregon
|
-$7.75M |
| 5 |
DCM
Donaldson Capital Management
Evansville,
Indiana
|
-$6.37M |
BAB Hedge Fund Activity: Q4 2022 in Review
177 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q4 2022, worth a combined $989M — down 9.5% from $1.09B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new BAB positions and 22 closed out — a net gain of 1 holder — while 42 added to existing stakes and 80 trimmed.
The largest buyer was Ameriprise, adding an estimated $33.7M. The largest seller was Jane Street, cutting an estimated $105M.
- 177 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q4 2022, down from 182 in Q3 2022.
- Funds reported $989M of Invesco Taxable Municipal Bond ETF stock for Q4 2022, down 9.5% quarter-over-quarter.
- 23 funds opened new Invesco Taxable Municipal Bond ETF positions in Q4 2022 and 22 closed out, a net change of +1 holder.
- The largest Invesco Taxable Municipal Bond ETF buyer in Q4 2022 was Ameriprise, an estimated $33.7M added.
- The largest Invesco Taxable Municipal Bond ETF seller in Q4 2022 was Jane Street, an estimated $105M sold.
Based on aggregated 13F filings for Q4 2022.