Invesco BulletShares 2029 Municipal Bond ETF
BSMT
48 hedge funds and large institutions have $46.5M invested in Invesco BulletShares 2029 Municipal Bond ETF in 2023 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 22 increasing their positions, 6 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
267% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 6
37% more capital invested
Capital invested by funds: $34M → $46.5M (+$12.5M)
23% more funds holding
Funds holding: 39 → 48 (+9)
3.29% more ownership
Funds ownership: 69.86% → 73.15% (+3.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.28M |
| 2 |
HBT
Hills Bank & Trust
North Liberty,
Iowa
|
+$2.96M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$1.41M |
| 4 |
AWM
Avior Wealth Management
Omaha,
Nebraska
|
+$370K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$364K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.43M |
| 2 |
Jane Street
New York
|
-$2.39M |
| 3 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$295K |
| 4 |
WI
WrapManager Inc
Mill Valley,
California
|
-$294K |
| 5 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$272K |
BSMT Hedge Fund Activity: Q4 2023 in Review
48 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Invesco BulletShares 2029 Municipal Bond ETF (BSMT) for Q4 2023, worth a combined $46.5M — up 37% from $34M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new BSMT positions and 3 closed out — a net gain of 9 holders — while 22 added to existing stakes and 6 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.28M. The largest seller was Wells Fargo, cutting an estimated $2.43M.
- 48 institutional investors held Invesco BulletShares 2029 Municipal Bond ETF (BSMT) as of Q4 2023, up from 39 in Q3 2023.
- Funds reported $46.5M of Invesco BulletShares 2029 Municipal Bond ETF stock for Q4 2023, up 37% quarter-over-quarter.
- 12 funds opened new Invesco BulletShares 2029 Municipal Bond ETF positions in Q4 2023 and 3 closed out, a net change of +9 holders.
- The largest Invesco BulletShares 2029 Municipal Bond ETF buyer in Q4 2023 was Morgan Stanley, an estimated $4.28M added.
- The largest Invesco BulletShares 2029 Municipal Bond ETF seller in Q4 2023 was Wells Fargo, an estimated $2.43M sold.
Based on aggregated 13F filings for Q4 2023.