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Invesco Taxable Municipal Bond ETF

184 hedge funds and large institutions have $577M invested in Invesco Taxable Municipal Bond ETF in 2025 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 69 increasing their positions, 60 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 16

15% more repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 60

2% more funds holding

Funds holding: 181184 (+3)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

0.21% less ownership

Funds ownership: 62.31%62.1% (-0.21%)

5% less capital invested

Capital invested by funds: $606M → $577M (-$29M)

Holders
184
Holders Change
+3
Holders Change %
+1.66%
% of All Funds
2.42%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
20
Increased
69
Reduced
60
Closed
16
Calls
$950K
Puts
Net Calls
+$950K
Net Calls Change
+$581K
Name Holding Trade Value Shares
Change
Change in
Stake
Raymond James Financial
1
Raymond James Financial
Florida
$40.8M +$123K +4,693 +0.3%
HighTower Advisors
2
HighTower Advisors
Illinois
$35M +$1.27M +48,623 +4%
State of Wisconsin Investment Board
3
State of Wisconsin Investment Board
Wisconsin
$35M
Ameriprise
4
Ameriprise
Minnesota
$32.1M +$1.08M +41,295 +4%
Bank of America
5
Bank of America
North Carolina
$29.2M +$380K +14,485 +1%
UBS Group
6
UBS Group
Switzerland
$20.5M +$386K +14,743 +2%
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$20.3M -$1.9M -72,546 -9%
Bank of Montreal
8
Bank of Montreal
Ontario, Canada
$19.5M +$910K +34,712 +5%
PNC Financial Services Group
9
PNC Financial Services Group
Pennsylvania
$19.5M -$3.07M -117,081 -14%
SMFG
10
Sumitomo Mitsui Financial Group
Japan
$18.1M -$1.56M -59,376 -8%
Wells Fargo
11
Wells Fargo
California
$17.7M +$414K +15,792 +2%
GAM
12
Gould Asset Management
California
$15.9M +$1.06M +40,588 +7%
Jane Street
13
Jane Street
New York
$15M +$4.56M +173,932 +44%
Morgan Stanley
14
Morgan Stanley
New York
$13.2M -$361K -13,757 -3%
CI
15
Conning Inc
Connecticut
$13M
LPL Financial
16
LPL Financial
California
$10.3M -$4.01M -153,038 -28%
TIM
17
Tortoise Investment Management
New York
$10.3M -$77.1K -2,940 -0.8%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$9.75M +$254K +9,687 +3%
KWM
19
Kingsview Wealth Management
Oregon
$9.04M +$349K +13,299 +4%
Northwestern Mutual Wealth Management
20
Northwestern Mutual Wealth Management
Wisconsin
$7.28M +$212K +8,095 +3%
MWM
21
Maltin Wealth Management
New Jersey
$6.88M +$626K +23,898 +10%
GC
22
Guggenheim Capital
Illinois
$6.55M +$640K +24,409 +11%
Invesco
23
Invesco
Georgia
$6.5M -$72.5K -2,767 -1%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$6.06M -$604K -23,047 -9%
WANY
25
Wealthspire Advisors (New York)
New York
$5.73M -$739K -28,197 -12%

BAB Hedge Fund Activity: Q2 2025 in Review

184 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Invesco Taxable Municipal Bond ETF (BAB) for Q2 2025, worth a combined $577M — down 4.8% from $606M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new BAB positions and 16 closed out — a net gain of 4 holders — while 69 added to existing stakes and 60 trimmed.

The largest buyer was Jane Street, adding an estimated $4.56M. The largest seller was Onyx Bridge Wealth Group, cutting an estimated $9.02M.

  • 184 institutional investors held Invesco Taxable Municipal Bond ETF (BAB) as of Q2 2025, up from 181 in Q1 2025.
  • Funds reported $577M of Invesco Taxable Municipal Bond ETF stock for Q2 2025, down 4.8% quarter-over-quarter.
  • 20 funds opened new Invesco Taxable Municipal Bond ETF positions in Q2 2025 and 16 closed out, a net change of +4 holders.
  • The largest Invesco Taxable Municipal Bond ETF buyer in Q2 2025 was Jane Street, an estimated $4.56M added.
  • The largest Invesco Taxable Municipal Bond ETF seller in Q2 2025 was Onyx Bridge Wealth Group, an estimated $9.02M sold.

Based on aggregated 13F filings for Q2 2025.