Invesco BulletShares 2028 Municipal Bond ETF
BSMS
50 hedge funds and large institutions have $55.4M invested in Invesco BulletShares 2028 Municipal Bond ETF in 2023 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 18 increasing their positions, 12 reducing their positions, and 4 closing their positions.
300% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 4
50% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 12
41% more capital invested
Capital invested by funds: $39.2M → $55.4M (+$16.2M)
28% more funds holding
Funds holding: 39 → 50 (+11)
6.75% more ownership
Funds ownership: 57.84% → 64.59% (+6.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$7.09M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$2.05M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$556K |
| 5 |
KFI
Key Financial Inc
West Chester,
Pennsylvania
|
+$388K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.24M |
| 2 |
SFG
Sterling Financial Group
Pasadena,
California
|
-$780K |
| 3 |
DA
Dover Advisors
Richmond,
Virginia
|
-$493K |
| 4 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$484K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$160K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
51
Advisory Services Network
Atlanta,
Georgia
| $19.9K | +$19.2K | +837 | New |
|
|
52
Jane Street
New York
| – | -$2.24M | -99,211 | Closed |
|
|
DA
53
Dover Advisors
Richmond,
Virginia
| – | -$493K | -21,890 | Closed |
|
|
LPT
54
Legacy Private Trust
Neenah,
Wisconsin
| – | -$484K | -21,505 | Closed |
|
55
JP Morgan Chase
New York
| – | -$3.02K | -134 | Closed |
|
BSMS Hedge Fund Activity: Q4 2023 in Review
50 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Invesco BulletShares 2028 Municipal Bond ETF (BSMS) for Q4 2023, worth a combined $55.4M — up 41% from $39.2M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new BSMS positions and 4 closed out — a net gain of 12 holders — while 18 added to existing stakes and 12 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $7.09M. The largest seller was Jane Street, exiting entirely with an estimated $2.24M sold.
- 50 institutional investors held Invesco BulletShares 2028 Municipal Bond ETF (BSMS) as of Q4 2023, up from 39 in Q3 2023.
- Funds reported $55.4M of Invesco BulletShares 2028 Municipal Bond ETF stock for Q4 2023, up 41% quarter-over-quarter.
- 16 funds opened new Invesco BulletShares 2028 Municipal Bond ETF positions in Q4 2023 and 4 closed out, a net change of +12 holders.
- The largest Invesco BulletShares 2028 Municipal Bond ETF buyer in Q4 2023 was Morgan Stanley, an estimated $7.09M added.
- The largest Invesco BulletShares 2028 Municipal Bond ETF seller in Q4 2023 was Jane Street, an estimated $2.24M sold.
Based on aggregated 13F filings for Q4 2023.