Invesco BulletShares 2028 Municipal Bond ETF
BSMS
53 hedge funds and large institutions have $62.3M invested in Invesco BulletShares 2028 Municipal Bond ETF in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 9 reducing their positions, and 6 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 9
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
13% more capital invested
Capital invested by funds: $55.4M → $62.3M (+$6.93M)
6% more funds holding
Funds holding: 50 → 53 (+3)
2.97% less ownership
Funds ownership: 64.59% → 61.61% (-3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.75M |
| 2 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$2.48M |
| 3 |
Jane Street
New York
|
+$2.06M |
| 4 |
KFI
Key Financial Inc
West Chester,
Pennsylvania
|
+$2.03M |
| 5 |
ACM
AlphaStar Capital Management
Cornelius,
North Carolina
|
+$796K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.73M |
| 2 |
SFG
Sterling Financial Group
Pasadena,
California
|
-$1.63M |
| 3 |
CA
CGN Advisors
Manhattan,
Kansas
|
-$718K |
| 4 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
-$336K |
| 5 |
NAM
NorthCrest Asset Manangement
Plymouth,
Minnesota
|
-$331K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HNB
51
Huntington National Bank
Columbus,
Ohio
| $70.5K | – | – | – |
|
|
FCAS
52
First Command Advisory Services
Fort Worth,
Texas
| $50.5K | +$50.7K | +2,150 | New |
|
|
DCM
53
Davis Capital Management
Jacksonville,
Florida
| $42.4K | – | – | – |
|
54
Comerica Bank
Dallas,
Texas
| $33.4K | +$2.6K | +110 | +8% |
|
|
WSTAM
55
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
| – | -$336K | -14,133 | Closed |
|
|
NAM
56
NorthCrest Asset Manangement
Plymouth,
Minnesota
| – | -$331K | -13,914 | Closed |
|
|
KOC
57
Koss-Olinger Consulting
Gainesville,
Florida
| – | -$278K | -11,698 | Closed |
|
|
VAS
58
Valicenti Advisory Services
Elmira,
New York
| – | -$200K | -8,425 | Closed |
|
|
OP
59
ORG Partners
Roanoke,
Indiana
| – | -$20.2K | -850 | Closed |
|
|
ASN
60
Advisory Services Network
Atlanta,
Georgia
| – | -$19.9K | -837 | Closed |
|
BSMS Hedge Fund Activity: Q1 2024 in Review
53 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Invesco BulletShares 2028 Municipal Bond ETF (BSMS) for Q1 2024, worth a combined $62.3M — up 13% from $55.4M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BSMS positions and 6 closed out — a net gain of 4 holders — while 27 added to existing stakes and 9 trimmed.
The largest buyer was Wells Fargo, adding an estimated $2.75M. The largest seller was Morgan Stanley, cutting an estimated $4.73M.
- 53 institutional investors held Invesco BulletShares 2028 Municipal Bond ETF (BSMS) as of Q1 2024, up from 50 in Q4 2023.
- Funds reported $62.3M of Invesco BulletShares 2028 Municipal Bond ETF stock for Q1 2024, up 13% quarter-over-quarter.
- 10 funds opened new Invesco BulletShares 2028 Municipal Bond ETF positions in Q1 2024 and 6 closed out, a net change of +4 holders.
- The largest Invesco BulletShares 2028 Municipal Bond ETF buyer in Q1 2024 was Wells Fargo, an estimated $2.75M added.
- The largest Invesco BulletShares 2028 Municipal Bond ETF seller in Q1 2024 was Morgan Stanley, an estimated $4.73M sold.
Based on aggregated 13F filings for Q1 2024.