Invesco BulletShares 2023 Municipal Bond ETF
BSMN
BSMN was delisted on the 15th of December, 2023.
77 hedge funds and large institutions have $93M invested in Invesco BulletShares 2023 Municipal Bond ETF in 2023 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 28 increasing their positions, 30 reducing their positions, and 8 closing their positions.
7% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 30
7% less funds holding
Funds holding: 83 → 77 (-6)
8.15% less ownership
Funds ownership: 83.92% → 75.76% (-8.2%)
24% less capital invested
Capital invested by funds: $122M → $93M (-$29.1M)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$563K |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$534K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$519K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$423K |
| 5 |
TF
TLWM Financial
San Antonio,
Texas
|
+$411K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$12.3M |
| 2 |
RCA
Resonant Capital Advisors
Madison,
Wisconsin
|
-$7.54M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$3.66M |
| 4 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
-$1.99M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.63M |
BSMN Hedge Fund Activity: Q3 2023 in Review
77 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Invesco BulletShares 2023 Municipal Bond ETF (BSMN) for Q3 2023, worth a combined $93M — down 24% from $122M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BSMN and 2 opened new positions — a net loss of 6 holders — while 30 trimmed existing stakes and 28 added.
The largest buyer was Invesco, adding an estimated $563K. The largest seller was Jane Street, cutting an estimated $12.3M.
- 77 institutional investors held Invesco BulletShares 2023 Municipal Bond ETF (BSMN) as of Q3 2023, down from 83 in Q2 2023.
- Funds reported $93M of Invesco BulletShares 2023 Municipal Bond ETF stock for Q3 2023, down 24% quarter-over-quarter.
- 2 funds opened new Invesco BulletShares 2023 Municipal Bond ETF positions in Q3 2023 and 8 closed out, a net change of -6 holders.
- The largest Invesco BulletShares 2023 Municipal Bond ETF buyer in Q3 2023 was Invesco, an estimated $563K added.
- The largest Invesco BulletShares 2023 Municipal Bond ETF seller in Q3 2023 was Jane Street, an estimated $12.3M sold.
Based on aggregated 13F filings for Q3 2023.