Invesco BulletShares 2027 Municipal Bond ETF
BSMR
120 hedge funds and large institutions have $175M invested in Invesco BulletShares 2027 Municipal Bond ETF in 2025 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 51 increasing their positions, 32 reducing their positions, and 8 closing their positions.
88% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 8
59% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 32
5% more capital invested
Capital invested by funds: $166M → $175M (+$8.97M)
5% more funds holding
Funds holding: 114 → 120 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.74% less ownership
Funds ownership: 71.08% → 68.33% (-2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kathmere Capital Management
Wayne,
Pennsylvania
|
+$3.28M |
| 2 |
EC
Elequin Capital
New York
|
+$2.08M |
| 3 |
LPL Financial
San Diego,
California
|
+$2.05M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$1.05M |
| 5 |
MA
MONECO Advisors
Fairfield,
Connecticut
|
+$970K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$2.38M |
| 2 |
Jane Street
New York
|
-$1.95M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$951K |
| 4 |
CA
CGN Advisors
Manhattan,
Kansas
|
-$561K |
| 5 |
FFN
Focus Financial Network
Minneapolis,
Minnesota
|
-$530K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MOS
126
MGO One Seven
Beachwood,
Ohio
| – | -$203K | -8,638 | Closed |
|
|
PFG
127
Pinnacle Financial Group
Western Springs,
Illinois
| – | -$203K | -8,600 | Closed |
|
128
JP Morgan Chase
New York
| – | -$18.6K | -790 | Closed |
|
129
Fidelity Investments
Boston,
Massachusetts
| – | -$5.11K | -217 | Closed |
|
BSMR Hedge Fund Activity: Q2 2025 in Review
120 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Invesco BulletShares 2027 Municipal Bond ETF (BSMR) for Q2 2025, worth a combined $175M — up 5.4% from $166M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new BSMR positions and 8 closed out — a net gain of 7 holders — while 51 added to existing stakes and 32 trimmed.
The largest buyer was Kathmere Capital Management, opening a new position worth an estimated $3.28M. The largest seller was Atria Investments, cutting an estimated $2.38M.
- 120 institutional investors held Invesco BulletShares 2027 Municipal Bond ETF (BSMR) as of Q2 2025, up from 114 in Q1 2025.
- Funds reported $175M of Invesco BulletShares 2027 Municipal Bond ETF stock for Q2 2025, up 5.4% quarter-over-quarter.
- 15 funds opened new Invesco BulletShares 2027 Municipal Bond ETF positions in Q2 2025 and 8 closed out, a net change of +7 holders.
- The largest Invesco BulletShares 2027 Municipal Bond ETF buyer in Q2 2025 was Kathmere Capital Management, an estimated $3.28M added.
- The largest Invesco BulletShares 2027 Municipal Bond ETF seller in Q2 2025 was Atria Investments, an estimated $2.38M sold.
Based on aggregated 13F filings for Q2 2025.