Invesco BulletShares 2029 Municipal Bond ETF
BSMT
115 hedge funds and large institutions have $201M invested in Invesco BulletShares 2029 Municipal Bond ETF in 2026 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 57 increasing their positions, 22 reducing their positions, and 6 closing their positions.
167% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 6
159% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 22
22% more capital invested
Capital invested by funds: $165M → $201M (+$36.3M)
8.64% more ownership
Funds ownership: 70.27% → 78.91% (+8.6%)
6% more funds holding
Funds holding: 108 → 115 (+7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Elequin Capital
New York
|
+$20.1M |
| 2 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$2.43M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.24M |
| 4 |
WJA
Willis Johnson & Associates
Houston,
Texas
|
+$998K |
| 5 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
+$675K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KOC
Koss-Olinger Consulting
Gainesville,
Florida
|
-$661K |
| 2 |
STA
Summit Trail Advisors
New York
|
-$487K |
| 3 |
KCM
Kathmere Capital Management
Wayne,
Pennsylvania
|
-$485K |
| 4 |
SG
StoneX Group
New York
|
-$433K |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$394K |
BSMT Hedge Fund Activity: Q1 2026 in Review
115 of the 8,191 institutional investors tracked by Wall St. Rank reported a position in Invesco BulletShares 2029 Municipal Bond ETF (BSMT) for Q1 2026, worth a combined $201M — up 22% from $165M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new BSMT positions and 6 closed out — a net gain of 10 holders — while 57 added to existing stakes and 22 trimmed.
The largest buyer was Elequin Capital, adding an estimated $20.1M. The largest seller was Koss-Olinger Consulting, exiting entirely with an estimated $661K sold.
- 115 institutional investors held Invesco BulletShares 2029 Municipal Bond ETF (BSMT) as of Q1 2026, up from 108 in Q4 2025.
- Funds reported $201M of Invesco BulletShares 2029 Municipal Bond ETF stock for Q1 2026, up 22% quarter-over-quarter.
- 16 funds opened new Invesco BulletShares 2029 Municipal Bond ETF positions in Q1 2026 and 6 closed out, a net change of +10 holders.
- The largest Invesco BulletShares 2029 Municipal Bond ETF buyer in Q1 2026 was Elequin Capital, an estimated $20.1M added.
- The largest Invesco BulletShares 2029 Municipal Bond ETF seller in Q1 2026 was Koss-Olinger Consulting, an estimated $661K sold.
Based on aggregated 13F filings for Q1 2026.