Invesco BulletShares 2023 Corporate Bond ETF
BSCN
BSCN was delisted on the 15th of December, 2023.
260 hedge funds and large institutions have $1.04B invested in Invesco BulletShares 2023 Corporate Bond ETF in 2020 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 127 increasing their positions, 45 reducing their positions, and 7 closing their positions.
557% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 7
182% more repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 45
50% more funds holding in top 10
Funds holding in top 10: 12 → 18 (+6)
19% more capital invested
Capital invested by funds: $875M → $1.04B (+$164M)
16% more funds holding
Funds holding: 224 → 260 (+36)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$28.8M |
| 2 |
Lido Advisors
Los Angeles,
California
|
+$12.8M |
| 3 |
ECML
Eagle Capital Management (Louisiana)
Mandeville,
Louisiana
|
+$11.4M |
| 4 |
TC
Trilogy Capital
Irvine,
California
|
+$7.86M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$6.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$6.61M |
| 2 |
MFWM
Motley Fool Wealth Management
Alexandria,
Virginia
|
-$4.29M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$3.31M |
| 4 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$2.28M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.1M |
BSCN Hedge Fund Activity: Q4 2020 in Review
260 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Invesco BulletShares 2023 Corporate Bond ETF (BSCN) for Q4 2020, worth a combined $1.04B — up 19% from $875M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new BSCN positions and 7 closed out — a net gain of 39 holders — while 127 added to existing stakes and 45 trimmed.
The largest buyer was FormulaFolio Investments, opening a new position worth an estimated $28.8M. The largest seller was Brookstone Capital Management, cutting an estimated $6.61M.
- 260 institutional investors held Invesco BulletShares 2023 Corporate Bond ETF (BSCN) as of Q4 2020, up from 224 in Q3 2020.
- Funds reported $1.04B of Invesco BulletShares 2023 Corporate Bond ETF stock for Q4 2020, up 19% quarter-over-quarter.
- 46 funds opened new Invesco BulletShares 2023 Corporate Bond ETF positions in Q4 2020 and 7 closed out, a net change of +39 holders.
- The largest Invesco BulletShares 2023 Corporate Bond ETF buyer in Q4 2020 was FormulaFolio Investments, an estimated $28.8M added.
- The largest Invesco BulletShares 2023 Corporate Bond ETF seller in Q4 2020 was Brookstone Capital Management, an estimated $6.61M sold.
Based on aggregated 13F filings for Q4 2020.