Invesco BulletShares 2027 Municipal Bond ETF
BSMR
142 hedge funds and large institutions have $237M invested in Invesco BulletShares 2027 Municipal Bond ETF in 2026 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 72 increasing their positions, 27 reducing their positions, and 12 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 27
50% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 12
12% more capital invested
Capital invested by funds: $211M → $237M (+$25.3M)
4% more funds holding
Funds holding: 137 → 142 (+5)
2.08% more ownership
Funds ownership: 70.83% → 72.9% (+2.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$4.32M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
+$3.13M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$2.28M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$1.78M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$1.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$5.77M |
| 2 |
EC
Elequin Capital
New York
|
-$3.68M |
| 3 |
STA
Summit Trail Advisors
New York
|
-$792K |
| 4 |
KOC
Koss-Olinger Consulting
Gainesville,
Florida
|
-$770K |
| 5 |
SA
Sanctuary Advisors
Indianapolis,
Indiana
|
-$687K |
BSMR Hedge Fund Activity: Q1 2026 in Review
142 of the 8,172 institutional investors tracked by Wall St. Rank reported a position in Invesco BulletShares 2027 Municipal Bond ETF (BSMR) for Q1 2026, worth a combined $237M — up 12% from $211M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new BSMR positions and 12 closed out — a net gain of 6 holders — while 72 added to existing stakes and 27 trimmed.
The largest buyer was Bank of America, adding an estimated $4.32M. The largest seller was Confluence Investment Management, exiting entirely with an estimated $5.77M sold.
- 142 institutional investors held Invesco BulletShares 2027 Municipal Bond ETF (BSMR) as of Q1 2026, up from 137 in Q4 2025.
- Funds reported $237M of Invesco BulletShares 2027 Municipal Bond ETF stock for Q1 2026, up 12% quarter-over-quarter.
- 18 funds opened new Invesco BulletShares 2027 Municipal Bond ETF positions in Q1 2026 and 12 closed out, a net change of +6 holders.
- The largest Invesco BulletShares 2027 Municipal Bond ETF buyer in Q1 2026 was Bank of America, an estimated $4.32M added.
- The largest Invesco BulletShares 2027 Municipal Bond ETF seller in Q1 2026 was Confluence Investment Management, an estimated $5.77M sold.
Based on aggregated 13F filings for Q1 2026.