Invesco BulletShares 2029 Municipal Bond ETF
BSMT
39 hedge funds and large institutions have $34M invested in Invesco BulletShares 2029 Municipal Bond ETF in 2023 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 22 increasing their positions, 4 reducing their positions, and 3 closing their positions.
450% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 4
3% less funds holding
Funds holding: 40 → 39 (-1)
14.1% less ownership
Funds ownership: 83.95% → 69.86% (-14%)
16% less capital invested
Capital invested by funds: $40.5M → $34M (-$6.52M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HBT
Hills Bank & Trust
North Liberty,
Iowa
|
+$2.39M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.39M |
| 3 |
LPL Financial
San Diego,
California
|
+$353K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$192K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$157K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$9.36M |
| 2 |
Goldman Sachs
New York
|
-$1.19M |
| 3 |
CPC
Cookson Peirce & Co
Pittsburgh,
Pennsylvania
|
-$229K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$48.9K |
| 5 |
EH
Equitable Holdings
New York
|
-$44.8K |
BSMT 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 2029 Municipal Bond ETF (BSMT) for Q3 2023, worth a combined $34M — down 16% from $40.5M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of BSMT and 2 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 22 added.
The largest buyer was Hills Bank & Trust, opening a new position worth an estimated $2.39M. The largest seller was Jane Street, cutting an estimated $9.36M.
- 39 institutional investors held Invesco BulletShares 2029 Municipal Bond ETF (BSMT) as of Q3 2023, down from 40 in Q2 2023.
- Funds reported $34M of Invesco BulletShares 2029 Municipal Bond ETF stock for Q3 2023, down 16% quarter-over-quarter.
- 2 funds opened new Invesco BulletShares 2029 Municipal Bond ETF positions in Q3 2023 and 3 closed out, a net change of -1 holder.
- The largest Invesco BulletShares 2029 Municipal Bond ETF buyer in Q3 2023 was Hills Bank & Trust, an estimated $2.39M added.
- The largest Invesco BulletShares 2029 Municipal Bond ETF seller in Q3 2023 was Jane Street, an estimated $9.36M sold.
Based on aggregated 13F filings for Q3 2023.