Invesco BulletShares 2023 Municipal Bond ETF
BSMN
BSMN was delisted on the 15th of December, 2023.
83 hedge funds and large institutions have $152M invested in Invesco BulletShares 2023 Municipal Bond ETF in 2023 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 29 increasing their positions, 20 reducing their positions, and 7 closing their positions.
143% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 7
45% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 20
39% more capital invested
Capital invested by funds: $110M → $152M (+$42.5M)
9% more funds holding
Funds holding: 76 → 83 (+7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$43.4M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$3.39M |
| 3 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
+$2M |
| 4 |
SC
Savant Capital
Rockford,
Illinois
|
+$1.57M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PA
PFG Advisors
Phoenix,
Arizona
|
-$7.46M |
| 2 |
PI
PFS Investments
Duluth,
Georgia
|
-$2.41M |
| 3 |
CA
CGN Advisors
Manhattan,
Kansas
|
-$1.35M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.21M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$891K |
BSMN Hedge Fund Activity: Q1 2023 in Review
83 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Invesco BulletShares 2023 Municipal Bond ETF (BSMN) for Q1 2023, worth a combined $152M — up 39% from $110M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new BSMN positions and 7 closed out — a net gain of 10 holders — while 29 added to existing stakes and 20 trimmed.
The largest buyer was Jane Street, adding an estimated $43.4M. The largest seller was PFG Advisors, exiting entirely with an estimated $7.46M sold.
- 83 institutional investors held Invesco BulletShares 2023 Municipal Bond ETF (BSMN) as of Q1 2023, up from 76 in Q4 2022.
- Funds reported $152M of Invesco BulletShares 2023 Municipal Bond ETF stock for Q1 2023, up 39% quarter-over-quarter.
- 17 funds opened new Invesco BulletShares 2023 Municipal Bond ETF positions in Q1 2023 and 7 closed out, a net change of +10 holders.
- The largest Invesco BulletShares 2023 Municipal Bond ETF buyer in Q1 2023 was Jane Street, an estimated $43.4M added.
- The largest Invesco BulletShares 2023 Municipal Bond ETF seller in Q1 2023 was PFG Advisors, an estimated $7.46M sold.
Based on aggregated 13F filings for Q1 2023.