Invesco BulletShares 2028 Municipal Bond ETF
BSMS
39 hedge funds and large institutions have $39.2M invested in Invesco BulletShares 2028 Municipal Bond ETF in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 23 increasing their positions, 7 reducing their positions, and 4 closing their positions.
229% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 7
3% less funds holding
Funds holding: 40 → 39 (-1)
6.91% less ownership
Funds ownership: 64.75% → 57.84% (-6.9%)
11% less capital invested
Capital invested by funds: $43.9M → $39.2M (-$4.78M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$811K |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
+$616K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$602K |
| 4 |
LPL Financial
San Diego,
California
|
+$315K |
| 5 |
KFI
Key Financial Inc
West Chester,
Pennsylvania
|
+$271K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$5.14M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$513K |
| 3 |
Jane Street
New York
|
-$423K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$230K |
| 5 |
CPC
Cookson Peirce & Co
Pittsburgh,
Pennsylvania
|
-$228K |
BSMS Hedge Fund Activity: Q3 2023 in Review
39 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Invesco BulletShares 2028 Municipal Bond ETF (BSMS) for Q3 2023, worth a combined $39.2M — down 11% from $43.9M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BSMS and 3 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 23 added.
The largest buyer was Invesco, adding an estimated $811K. The largest seller was Wells Fargo, cutting an estimated $5.14M.
- 39 institutional investors held Invesco BulletShares 2028 Municipal Bond ETF (BSMS) as of Q3 2023, down from 40 in Q2 2023.
- Funds reported $39.2M of Invesco BulletShares 2028 Municipal Bond ETF stock for Q3 2023, down 11% quarter-over-quarter.
- 3 funds opened new Invesco BulletShares 2028 Municipal Bond ETF positions in Q3 2023 and 4 closed out, a net change of -1 holder.
- The largest Invesco BulletShares 2028 Municipal Bond ETF buyer in Q3 2023 was Invesco, an estimated $811K added.
- The largest Invesco BulletShares 2028 Municipal Bond ETF seller in Q3 2023 was Wells Fargo, an estimated $5.14M sold.
Based on aggregated 13F filings for Q3 2023.