Invesco BulletShares 2023 Corporate Bond ETF
BSCN
BSCN was delisted on the 15th of December, 2023.
50 hedge funds and large institutions have $110M invested in Invesco BulletShares 2023 Corporate Bond ETF in 2017 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 6 reducing their positions, and 5 closing their positions.
367% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 6
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
27% more capital invested
Capital invested by funds: $86.6M → $110M (+$23.1M)
6% more funds holding
Funds holding: 47 → 50 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EB
Eastern Bank
Boston,
Massachusetts
|
+$7.29M |
| 2 |
RBCM
Raub Brock Capital Management
Larkspur,
California
|
+$3.23M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.84M |
| 4 |
FCB
First Command Bank
Fort Worth,
Texas
|
+$1.54M |
| 5 |
FCFS
First Command Financial Services
Fort Worth,
Texas
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$1.74M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.5M |
| 3 |
CWM
CMH Wealth Management
Portsmouth,
New Hampshire
|
-$445K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$364K |
| 5 |
LFPWM
Leicht Financial Planning & Wealth Management
Parsippany,
New Jersey
|
-$285K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
51
Virtu KCG Holdings
New York
| – | -$364K | -17,790 | Closed |
|
|
LFPWM
52
Leicht Financial Planning & Wealth Management
Parsippany,
New Jersey
| – | -$285K | -13,785 | Closed |
|
|
FFIC
53
First Fiduciary Investment Counsel
Cleveland,
Ohio
| – | -$143K | -7,000 | Closed |
|
54
Creative Planning
Overland Park,
Kansas
| – | -$49K | -2,389 | Closed |
|
BSCN Hedge Fund Activity: Q1 2017 in Review
50 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Invesco BulletShares 2023 Corporate Bond ETF (BSCN) for Q1 2017, worth a combined $110M — up 27% from $86.6M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BSCN positions and 5 closed out — a net gain of 4 holders — while 28 added to existing stakes and 6 trimmed.
The largest buyer was Eastern Bank, adding an estimated $7.29M. The largest seller was Citadel Advisors, cutting an estimated $1.74M.
- 50 institutional investors held Invesco BulletShares 2023 Corporate Bond ETF (BSCN) as of Q1 2017, up from 47 in Q4 2016.
- Funds reported $110M of Invesco BulletShares 2023 Corporate Bond ETF stock for Q1 2017, up 27% quarter-over-quarter.
- 9 funds opened new Invesco BulletShares 2023 Corporate Bond ETF positions in Q1 2017 and 5 closed out, a net change of +4 holders.
- The largest Invesco BulletShares 2023 Corporate Bond ETF buyer in Q1 2017 was Eastern Bank, an estimated $7.29M added.
- The largest Invesco BulletShares 2023 Corporate Bond ETF seller in Q1 2017 was Citadel Advisors, an estimated $1.74M sold.
Based on aggregated 13F filings for Q1 2017.