Invesco BulletShares 2023 Municipal Bond ETF
BSMN
BSMN was delisted on the 15th of December, 2023.
83 hedge funds and large institutions have $122M invested in Invesco BulletShares 2023 Municipal Bond ETF in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 35 increasing their positions, 26 reducing their positions, and 5 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 26
0% more funds holding
Funds holding: 83 → 83 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
20% less capital invested
Capital invested by funds: $152M → $122M (-$30.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$2.89M |
| 2 |
MCP
Mirador Capital Partners
Pleasanton,
California
|
+$502K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$461K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$363K |
| 5 |
FFA
Farther Finance Advisors
San Francisco,
California
|
+$308K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$27.6M |
| 2 |
RCA
Resonant Capital Advisors
Madison,
Wisconsin
|
-$2.55M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.76M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.58M |
| 5 |
DIM
Delta Investment Management
San Francisco,
California
|
-$1.52M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
76
Harbour Investments
Madison,
Wisconsin
| $70.2K | +$70.2K | +2,798 | New |
|
77
Royal Bank of Canada
Toronto,
Ontario, Canada
| $46K | -$92K | -3,666 | -67% |
|
|
NSG
78
Nalls Sherbakoff Group
Knoxville,
Tennessee
| $33.5K | – | – | – |
|
79
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $33K | – | – | – |
|
|
TRCT
80
Tower Research Capital (TRC)
New York
| $24.3K | +$22.2K | +884 | +1,028% |
|
|
HS
81
Horan Securities
Cincinnati,
United States
| $19.9K | – | – | – |
|
|
AF
82
Advisornet Financial
Minnetonka,
Minnesota
| $14.8K | – | – | – |
|
|
TWM
83
Tradition Wealth Management
Edina,
Minnesota
| $3K | – | – | – |
|
|
HNB
84
Huntington National Bank
Columbus,
Ohio
| $25 | – | – | – |
|
|
DIM
85
Delta Investment Management
San Francisco,
California
| – | -$1.52M | -60,628 | Closed |
|
|
WA
86
WESPAC Advisors
Orinda,
California
| – | -$282K | -11,244 | Closed |
|
|
CG
87
Colony Group
Boston,
Massachusetts
| – | -$234K | -9,314 | Closed |
|
|
JCM
88
J2 Capital Management
Troy,
Michigan
| – | -$213K | -8,488 | Closed |
|
|
ASN
89
Advisory Services Network
Atlanta,
Georgia
| – | -$16.4K | -655 | Closed |
|
BSMN Hedge Fund Activity: Q2 2023 in Review
83 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Invesco BulletShares 2023 Municipal Bond ETF (BSMN) for Q2 2023, worth a combined $122M — down 20% from $152M a quarter earlier.
Fund positioning in BSMN was balanced in Q2 2023: 5 funds opened new positions, 5 closed out, 35 added to existing stakes and 26 trimmed.
The largest buyer was Flow Traders U.S., adding an estimated $2.89M. The largest seller was Jane Street, cutting an estimated $27.6M.
- 83 institutional investors held Invesco BulletShares 2023 Municipal Bond ETF (BSMN) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $122M of Invesco BulletShares 2023 Municipal Bond ETF stock for Q2 2023, down 20% quarter-over-quarter.
- 5 funds opened new Invesco BulletShares 2023 Municipal Bond ETF positions in Q2 2023 and 5 closed out, a net change of 0 holders.
- The largest Invesco BulletShares 2023 Municipal Bond ETF buyer in Q2 2023 was Flow Traders U.S., an estimated $2.89M added.
- The largest Invesco BulletShares 2023 Municipal Bond ETF seller in Q2 2023 was Jane Street, an estimated $27.6M sold.
Based on aggregated 13F filings for Q2 2023.