Invesco BulletShares 2023 Municipal Bond ETF
BSMN
BSMN was delisted on the 15th of December, 2023.
76 hedge funds and large institutions have $110M invested in Invesco BulletShares 2023 Municipal Bond ETF in 2022 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 32 increasing their positions, 12 reducing their positions, and 4 closing their positions.
450% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 4
167% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 12
65% more capital invested
Capital invested by funds: $66.6M → $110M (+$43M)
29% more funds holding
Funds holding: 59 → 76 (+17)
12.65% less ownership
Funds ownership: 90.06% → 77.42% (-13%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PA
PFG Advisors
Phoenix,
Arizona
|
+$7.42M |
| 2 |
RCA
Resonant Capital Advisors
Madison,
Wisconsin
|
+$6.18M |
| 3 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$5.63M |
| 4 |
LPL Financial
San Diego,
California
|
+$3.79M |
| 5 |
PI
PFS Investments
Duluth,
Georgia
|
+$2.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$4.56M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$849K |
| 3 |
TF
TLWM Financial
San Antonio,
Texas
|
-$847K |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$249K |
| 5 |
NAM
NorthCrest Asset Manangement
Plymouth,
Minnesota
|
-$222K |
BSMN Hedge Fund Activity: Q4 2022 in Review
76 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Invesco BulletShares 2023 Municipal Bond ETF (BSMN) for Q4 2022, worth a combined $110M — up 65% from $66.6M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new BSMN positions and 4 closed out — a net gain of 18 holders — while 32 added to existing stakes and 12 trimmed.
The largest buyer was PFG Advisors, opening a new position worth an estimated $7.42M. The largest seller was Jane Street, cutting an estimated $4.56M.
- 76 institutional investors held Invesco BulletShares 2023 Municipal Bond ETF (BSMN) as of Q4 2022, up from 59 in Q3 2022.
- Funds reported $110M of Invesco BulletShares 2023 Municipal Bond ETF stock for Q4 2022, up 65% quarter-over-quarter.
- 22 funds opened new Invesco BulletShares 2023 Municipal Bond ETF positions in Q4 2022 and 4 closed out, a net change of +18 holders.
- The largest Invesco BulletShares 2023 Municipal Bond ETF buyer in Q4 2022 was PFG Advisors, an estimated $7.42M added.
- The largest Invesco BulletShares 2023 Municipal Bond ETF seller in Q4 2022 was Jane Street, an estimated $4.56M sold.
Based on aggregated 13F filings for Q4 2022.