Invesco BulletShares 2023 Corporate Bond ETF
BSCN
BSCN was delisted on the 15th of December, 2023.
177 hedge funds and large institutions have $524M invested in Invesco BulletShares 2023 Corporate Bond ETF in 2019 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 94 increasing their positions, 33 reducing their positions, and 9 closing their positions.
185% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 33
100% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 9
9% more capital invested
Capital invested by funds: $481M → $524M (+$43.7M)
5% more funds holding
Funds holding: 169 → 177 (+8)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$11.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$7.2M |
| 3 |
Morgan Stanley
New York
|
+$5.97M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.46M |
| 5 |
AP
Atwood & Palmer
Kansas City,
Missouri
|
+$2.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
-$8.06M |
| 2 |
IF
Ironwood Financial
Tucson,
Arizona
|
-$7.3M |
| 3 |
Jane Street
New York
|
-$5.24M |
| 4 |
CDIA
Capital Directions Investment Advisors
Atlanta,
Georgia
|
-$584K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$492K |
BSCN Hedge Fund Activity: Q3 2019 in Review
177 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Invesco BulletShares 2023 Corporate Bond ETF (BSCN) for Q3 2019, worth a combined $524M — up 9.1% from $481M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new BSCN positions and 9 closed out — a net gain of 9 holders — while 94 added to existing stakes and 33 trimmed.
The largest buyer was Brookstone Capital Management, adding an estimated $11.2M. The largest seller was Cresset Asset Management, cutting an estimated $8.06M.
- 177 institutional investors held Invesco BulletShares 2023 Corporate Bond ETF (BSCN) as of Q3 2019, up from 169 in Q2 2019.
- Funds reported $524M of Invesco BulletShares 2023 Corporate Bond ETF stock for Q3 2019, up 9.1% quarter-over-quarter.
- 18 funds opened new Invesco BulletShares 2023 Corporate Bond ETF positions in Q3 2019 and 9 closed out, a net change of +9 holders.
- The largest Invesco BulletShares 2023 Corporate Bond ETF buyer in Q3 2019 was Brookstone Capital Management, an estimated $11.2M added.
- The largest Invesco BulletShares 2023 Corporate Bond ETF seller in Q3 2019 was Cresset Asset Management, an estimated $8.06M sold.
Based on aggregated 13F filings for Q3 2019.