Invesco BulletShares 2028 Municipal Bond ETF
BSMS
40 hedge funds and large institutions have $43.9M invested in Invesco BulletShares 2028 Municipal Bond ETF in 2023 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 19 increasing their positions, 6 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
217% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 6
21% more funds holding
Funds holding: 33 → 40 (+7)
6% less capital invested
Capital invested by funds: $46.7M → $43.9M (-$2.81M)
7.23% less ownership
Funds ownership: 71.98% → 64.75% (-7.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFG
Sterling Financial Group
Pasadena,
California
|
+$2.48M |
| 2 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$888K |
| 3 |
LPL Financial
San Diego,
California
|
+$684K |
| 4 |
CG
Colony Group
Boston,
Massachusetts
|
+$572K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$565K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$9.62M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.3M |
| 3 |
Jane Street
New York
|
-$806K |
| 4 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$271K |
| 5 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$172K |
BSMS Hedge Fund Activity: Q2 2023 in Review
40 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Invesco BulletShares 2028 Municipal Bond ETF (BSMS) for Q2 2023, worth a combined $43.9M — down 6% from $46.7M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BSMS positions and 3 closed out — a net gain of 7 holders — while 19 added to existing stakes and 6 trimmed.
The largest buyer was Sterling Financial Group, adding an estimated $2.48M. The largest seller was Morgan Stanley, cutting an estimated $9.62M.
- 40 institutional investors held Invesco BulletShares 2028 Municipal Bond ETF (BSMS) as of Q2 2023, up from 33 in Q1 2023.
- Funds reported $43.9M of Invesco BulletShares 2028 Municipal Bond ETF stock for Q2 2023, down 6% quarter-over-quarter.
- 10 funds opened new Invesco BulletShares 2028 Municipal Bond ETF positions in Q2 2023 and 3 closed out, a net change of +7 holders.
- The largest Invesco BulletShares 2028 Municipal Bond ETF buyer in Q2 2023 was Sterling Financial Group, an estimated $2.48M added.
- The largest Invesco BulletShares 2028 Municipal Bond ETF seller in Q2 2023 was Morgan Stanley, an estimated $9.62M sold.
Based on aggregated 13F filings for Q2 2023.