Invesco BulletShares 2027 Municipal Bond ETF
BSMR
114 hedge funds and large institutions have $166M invested in Invesco BulletShares 2027 Municipal Bond ETF in 2025 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 61 increasing their positions, 18 reducing their positions, and 8 closing their positions.
239% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 18
88% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 8
20% more capital invested
Capital invested by funds: $138M → $166M (+$28M)
6% more funds holding
Funds holding: 108 → 114 (+6)
0.77% more ownership
Funds ownership: 70.31% → 71.08% (+0.77%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CVA
Central Valley Advisors
Sacramento,
California
|
+$4.39M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.67M |
| 3 |
Jane Street
New York
|
+$1.95M |
| 4 |
HBT
Hills Bank & Trust
North Liberty,
Iowa
|
+$1.14M |
| 5 |
PWP
Precedent Wealth Partners
Houston,
Texas
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWM
Fortress Wealth Management
Culver City,
California
|
-$1.22M |
| 2 |
KCM
Kathmere Capital Management
Wayne,
Pennsylvania
|
-$523K |
| 3 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$419K |
| 4 |
SC
Savant Capital
Rockford,
Illinois
|
-$323K |
| 5 |
KF
Krilogy Financial
St. Louis,
Missouri
|
-$291K |
BSMR Hedge Fund Activity: Q1 2025 in Review
114 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in Invesco BulletShares 2027 Municipal Bond ETF (BSMR) for Q1 2025, worth a combined $166M — up 20% from $138M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new BSMR positions and 8 closed out — a net gain of 7 holders — while 61 added to existing stakes and 18 trimmed.
The largest buyer was Central Valley Advisors, opening a new position worth an estimated $4.39M. The largest seller was Fortress Wealth Management, exiting entirely with an estimated $1.22M sold.
- 114 institutional investors held Invesco BulletShares 2027 Municipal Bond ETF (BSMR) as of Q1 2025, up from 108 in Q4 2024.
- Funds reported $166M of Invesco BulletShares 2027 Municipal Bond ETF stock for Q1 2025, up 20% quarter-over-quarter.
- 15 funds opened new Invesco BulletShares 2027 Municipal Bond ETF positions in Q1 2025 and 8 closed out, a net change of +7 holders.
- The largest Invesco BulletShares 2027 Municipal Bond ETF buyer in Q1 2025 was Central Valley Advisors, an estimated $4.39M added.
- The largest Invesco BulletShares 2027 Municipal Bond ETF seller in Q1 2025 was Fortress Wealth Management, an estimated $1.22M sold.
Based on aggregated 13F filings for Q1 2025.