Invesco BulletShares 2029 Municipal Bond ETF
BSMT
32 hedge funds and large institutions have $31.6M invested in Invesco BulletShares 2029 Municipal Bond ETF in 2022 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 5 reducing their positions, and 1 closing their positions.
900% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 1
200% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 5
161% more capital invested
Capital invested by funds: $12.1M → $31.6M (+$19.5M)
39% more funds holding
Funds holding: 23 → 32 (+9)
7.71% more ownership
Funds ownership: 68.92% → 76.63% (+7.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$7.88M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$5.66M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$2.24M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$1.12M |
| 5 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$879K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LI
LMCG Investments
Boston,
Massachusetts
|
-$1.63M |
| 2 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$1.27M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$375K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$188K |
| 5 |
RHP
Royal Harbor Partners
Houston,
Texas
|
-$85.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CPC
26
Cookson Peirce & Co
Pittsburgh,
Pennsylvania
| $226K | +$9.58K | +426 | +5% |
|
|
CAM
27
Clark Asset Management
Stratham,
New Hampshire
| $216K | +$212K | +9,430 | New |
|
|
28
UBS Group
Zurich,
Switzerland
| $155K | -$188K | -8,350 | -55% |
|
|
HWM
29
Horizons Wealth Management
Asheville,
North Carolina
| $66K | +$64.7K | +2,876 | New |
|
|
30
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $38.5K | -$375K | -16,673 | -91% |
|
|
GRP
31
Global Retirement Partners
San Rafael,
California
| $27.5K | +$27K | +1,200 | New |
|
|
SPIA
32
Steward Partners Investment Advisory
New York
| $16K | – | – | – |
|
|
LI
33
LMCG Investments
Boston,
Massachusetts
| – | -$1.63M | -74,233 | Closed |
|
BSMT Hedge Fund Activity: Q4 2022 in Review
32 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Invesco BulletShares 2029 Municipal Bond ETF (BSMT) for Q4 2022, worth a combined $31.6M — up 161% from $12.1M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BSMT positions and 1 closed out — a net gain of 9 holders — while 15 added to existing stakes and 5 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $7.88M. The largest seller was LMCG Investments, exiting entirely with an estimated $1.63M sold.
- 32 institutional investors held Invesco BulletShares 2029 Municipal Bond ETF (BSMT) as of Q4 2022, up from 23 in Q3 2022.
- Funds reported $31.6M of Invesco BulletShares 2029 Municipal Bond ETF stock for Q4 2022, up 161% quarter-over-quarter.
- 10 funds opened new Invesco BulletShares 2029 Municipal Bond ETF positions in Q4 2022 and 1 closed out, a net change of +9 holders.
- The largest Invesco BulletShares 2029 Municipal Bond ETF buyer in Q4 2022 was Morgan Stanley, an estimated $7.88M added.
- The largest Invesco BulletShares 2029 Municipal Bond ETF seller in Q4 2022 was LMCG Investments, an estimated $1.63M sold.
Based on aggregated 13F filings for Q4 2022.