Invesco BulletShares 2027 Municipal Bond ETF
BSMR
123 hedge funds and large institutions have $192M invested in Invesco BulletShares 2027 Municipal Bond ETF in 2025 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 71 increasing their positions, 18 reducing their positions, and 8 closing their positions.
294% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 18
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
9% more capital invested
Capital invested by funds: $175M → $192M (+$16.6M)
3% more funds holding
Funds holding: 120 → 123 (+3)
1.45% more ownership
Funds ownership: 68.33% → 69.78% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SF
Summit Financial
Parsippany,
New Jersey
|
+$5.06M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$2.12M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.1M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.06M |
| 5 |
S
SignatureFD
Atlanta,
Georgia
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Elequin Capital
New York
|
-$2.09M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$1.06M |
| 3 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$1.03M |
| 4 |
FFN
Focus Financial Network
Minneapolis,
Minnesota
|
-$661K |
| 5 |
CA
CGN Advisors
Manhattan,
Kansas
|
-$405K |
BSMR Hedge Fund Activity: Q3 2025 in Review
123 of the 7,640 institutional investors tracked by Wall St. Rank reported a position in Invesco BulletShares 2027 Municipal Bond ETF (BSMR) for Q3 2025, worth a combined $192M — up 9.5% from $175M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new BSMR positions and 8 closed out — a net gain of 4 holders — while 71 added to existing stakes and 18 trimmed.
The largest buyer was Summit Financial, opening a new position worth an estimated $5.06M. The largest seller was Elequin Capital, exiting entirely with an estimated $2.09M sold.
- 123 institutional investors held Invesco BulletShares 2027 Municipal Bond ETF (BSMR) as of Q3 2025, up from 120 in Q2 2025.
- Funds reported $192M of Invesco BulletShares 2027 Municipal Bond ETF stock for Q3 2025, up 9.5% quarter-over-quarter.
- 12 funds opened new Invesco BulletShares 2027 Municipal Bond ETF positions in Q3 2025 and 8 closed out, a net change of +4 holders.
- The largest Invesco BulletShares 2027 Municipal Bond ETF buyer in Q3 2025 was Summit Financial, an estimated $5.06M added.
- The largest Invesco BulletShares 2027 Municipal Bond ETF seller in Q3 2025 was Elequin Capital, an estimated $2.09M sold.
Based on aggregated 13F filings for Q3 2025.