Invesco BulletShares 2029 Municipal Bond ETF
BSMT
55 hedge funds and large institutions have $57.4M invested in Invesco BulletShares 2029 Municipal Bond ETF in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 27 increasing their positions, 9 reducing their positions, and 1 closing their positions.
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
200% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 9
23% more capital invested
Capital invested by funds: $46.5M → $57.4M (+$10.9M)
15% more funds holding
Funds holding: 48 → 55 (+7)
8.28% less ownership
Funds ownership: 73.15% → 64.87% (-8.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.92M |
| 2 |
Jane Street
New York
|
+$3.79M |
| 3 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$2.93M |
| 4 |
SFG
Sterling Financial Group
Pasadena,
California
|
+$1.37M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$843K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.44M |
| 2 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$1.08M |
| 3 |
CA
CGN Advisors
Manhattan,
Kansas
|
-$725K |
| 4 |
VAS
Valicenti Advisory Services
Elmira,
New York
|
-$200K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$87.6K |
BSMT Hedge Fund Activity: Q1 2024 in Review
55 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Invesco BulletShares 2029 Municipal Bond ETF (BSMT) for Q1 2024, worth a combined $57.4M — up 23% from $46.5M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BSMT positions and 1 closed out — a net gain of 8 holders — while 27 added to existing stakes and 9 trimmed.
The largest buyer was Wells Fargo, adding an estimated $3.92M. The largest seller was Morgan Stanley, cutting an estimated $2.44M.
- 55 institutional investors held Invesco BulletShares 2029 Municipal Bond ETF (BSMT) as of Q1 2024, up from 48 in Q4 2023.
- Funds reported $57.4M of Invesco BulletShares 2029 Municipal Bond ETF stock for Q1 2024, up 23% quarter-over-quarter.
- 9 funds opened new Invesco BulletShares 2029 Municipal Bond ETF positions in Q1 2024 and 1 closed out, a net change of +8 holders.
- The largest Invesco BulletShares 2029 Municipal Bond ETF buyer in Q1 2024 was Wells Fargo, an estimated $3.92M added.
- The largest Invesco BulletShares 2029 Municipal Bond ETF seller in Q1 2024 was Morgan Stanley, an estimated $2.44M sold.
Based on aggregated 13F filings for Q1 2024.