Invesco BulletShares 2026 Municipal Bond ETF
BSMQ
140 hedge funds and large institutions have $200M invested in Invesco BulletShares 2026 Municipal Bond ETF in 2025 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 69 increasing their positions, 33 reducing their positions, and 11 closing their positions.
109% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 33
5% more capital invested
Capital invested by funds: $190M → $200M (+$10.3M)
3.35% more ownership
Funds ownership: 65.44% → 68.79% (+3.4%)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
1% less funds holding
Funds holding: 142 → 140 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$7.26M |
| 2 |
SF
Summit Financial
Parsippany,
New Jersey
|
+$5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.15M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.09M |
| 5 |
HBT
Hills Bank & Trust
North Liberty,
Iowa
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CVA
Central Valley Advisors
Sacramento,
California
|
-$3.86M |
| 2 |
Morgan Stanley
New York
|
-$3.55M |
| 3 |
OFS
OneAscent Financial Services
Birmingham,
Alabama
|
-$3.11M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$1.27M |
| 5 |
FFN
Focus Financial Network
Minneapolis,
Minnesota
|
-$922K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
151
Anchor Investment Management
Columbia,
South Carolina
| – | -$70.7K | -3,000 | Closed |
|
152
Fidelity Investments
Boston,
Massachusetts
| – | -$1.62K | -69 | Closed |
|
BSMQ Hedge Fund Activity: Q3 2025 in Review
140 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Invesco BulletShares 2026 Municipal Bond ETF (BSMQ) for Q3 2025, worth a combined $200M — up 5.4% from $190M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BSMQ and 10 opened new positions — a net loss of 1 holder — while 33 trimmed existing stakes and 69 added.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $7.26M. The largest seller was Central Valley Advisors, cutting an estimated $3.86M.
- 140 institutional investors held Invesco BulletShares 2026 Municipal Bond ETF (BSMQ) as of Q3 2025, down from 142 in Q2 2025.
- Funds reported $200M of Invesco BulletShares 2026 Municipal Bond ETF stock for Q3 2025, up 5.4% quarter-over-quarter.
- 10 funds opened new Invesco BulletShares 2026 Municipal Bond ETF positions in Q3 2025 and 11 closed out, a net change of -1 holder.
- The largest Invesco BulletShares 2026 Municipal Bond ETF buyer in Q3 2025 was Goldman Sachs, an estimated $7.26M added.
- The largest Invesco BulletShares 2026 Municipal Bond ETF seller in Q3 2025 was Central Valley Advisors, an estimated $3.86M sold.
Based on aggregated 13F filings for Q3 2025.