Invesco BulletShares 2029 Municipal Bond ETF
BSMT
34 hedge funds and large institutions have $36M invested in Invesco BulletShares 2029 Municipal Bond ETF in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 7 reducing their positions, and 2 closing their positions.
143% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 7
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
14% more capital invested
Capital invested by funds: $31.6M → $36M (+$4.45M)
6% more funds holding
Funds holding: 32 → 34 (+2)
2.58% less ownership
Funds ownership: 76.63% → 74.06% (-2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.38M |
| 2 |
Morgan Stanley
New York
|
+$1.5M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$853K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$726K |
| 5 |
MPWT
MassMutual Private Wealth & Trust
Windsor,
Connecticut
|
+$466K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$2.28M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$793K |
| 3 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$571K |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$452K |
| 5 |
CPC
Cookson Peirce & Co
Pittsburgh,
Pennsylvania
|
-$226K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAM
26
Clark Asset Management
Stratham,
New Hampshire
| $222K | +$1.46K | +63 | +0.7% |
|
|
AWM
27
Avior Wealth Management
Omaha,
Nebraska
| $200K | +$198K | +8,545 | New |
|
28
UBS Group
Zurich,
Switzerland
| $166K | +$7.67K | +330 | +5% |
|
29
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $69.4K | +$29.8K | +1,285 | +76% |
|
|
BFEC
30
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $69K | -$452K | -19,446 | -87% |
|
|
HWM
31
Horizons Wealth Management
Asheville,
North Carolina
| $67.3K | – | – | – |
|
|
GRP
32
Global Retirement Partners
San Rafael,
California
| $27.9K | – | – | – |
|
|
SPIA
33
Steward Partners Investment Advisory
New York
| $16.4K | – | – | – |
|
34
Commonwealth Equity Services
Waltham,
Massachusetts
| $335 | +$333K | +14,356 | New |
|
|
35
Stifel Financial
St. Louis,
Missouri
| – | -$2.28M | -99,524 | Closed |
|
|
CPC
36
Cookson Peirce & Co
Pittsburgh,
Pennsylvania
| – | -$226K | -9,878 | Closed |
|
BSMT Hedge Fund Activity: Q1 2023 in Review
34 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Invesco BulletShares 2029 Municipal Bond ETF (BSMT) for Q1 2023, worth a combined $36M — up 14% from $31.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BSMT positions and 2 closed out — a net gain of 2 holders — while 17 added to existing stakes and 7 trimmed.
The largest buyer was Jane Street, adding an estimated $2.38M. The largest seller was Stifel Financial, exiting entirely with an estimated $2.28M sold.
- 34 institutional investors held Invesco BulletShares 2029 Municipal Bond ETF (BSMT) as of Q1 2023, up from 32 in Q4 2022.
- Funds reported $36M of Invesco BulletShares 2029 Municipal Bond ETF stock for Q1 2023, up 14% quarter-over-quarter.
- 4 funds opened new Invesco BulletShares 2029 Municipal Bond ETF positions in Q1 2023 and 2 closed out, a net change of +2 holders.
- The largest Invesco BulletShares 2029 Municipal Bond ETF buyer in Q1 2023 was Jane Street, an estimated $2.38M added.
- The largest Invesco BulletShares 2029 Municipal Bond ETF seller in Q1 2023 was Stifel Financial, an estimated $2.28M sold.
Based on aggregated 13F filings for Q1 2023.