Invesco BulletShares 2029 Municipal Bond ETF
BSMT
125 hedge funds and large institutions have $190M invested in Invesco BulletShares 2029 Municipal Bond ETF in 2026 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 53 increasing their positions, 28 reducing their positions, and 5 closing their positions.
240% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 5
89% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 28
9% more funds holding
Funds holding: 115 → 125 (+10)
6% less capital invested
Capital invested by funds: $201M → $190M (-$11.7M)
11.31% less ownership
Funds ownership: 78.91% → 67.6% (-11%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
+$4.21M |
| 2 |
AUB
Atlantic Union Bankshares
Glen Allen,
Virginia
|
+$2.56M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.17M |
| 4 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
+$1.04M |
| 5 |
MWM
Mission Wealth Management
Santa Barbara,
California
|
+$954K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Elequin Capital
New York
|
-$22.1M |
| 2 |
Focus Partners Wealth
Boston,
Massachusetts
|
-$2.29M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.81M |
| 4 |
Jane Street
New York
|
-$1.39M |
| 5 |
SFA
Sequoia Financial Advisors
Akron,
Ohio
|
-$1.21M |
BSMT Hedge Fund Activity: Q2 2026 in Review
125 of the 8,349 institutional investors tracked by Wall St. Rank reported a position in Invesco BulletShares 2029 Municipal Bond ETF (BSMT) for Q2 2026, worth a combined $190M — down 5.8% from $201M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new BSMT positions and 5 closed out — a net gain of 12 holders — while 53 added to existing stakes and 28 trimmed.
The largest buyer was Raymond James Financial, adding an estimated $4.21M. The largest seller was Elequin Capital, exiting entirely with an estimated $22.1M sold.
- 125 institutional investors held Invesco BulletShares 2029 Municipal Bond ETF (BSMT) as of Q2 2026, up from 115 in Q1 2026.
- Funds reported $190M of Invesco BulletShares 2029 Municipal Bond ETF stock for Q2 2026, down 5.8% quarter-over-quarter.
- 17 funds opened new Invesco BulletShares 2029 Municipal Bond ETF positions in Q2 2026 and 5 closed out, a net change of +12 holders.
- The largest Invesco BulletShares 2029 Municipal Bond ETF buyer in Q2 2026 was Raymond James Financial, an estimated $4.21M added.
- The largest Invesco BulletShares 2029 Municipal Bond ETF seller in Q2 2026 was Elequin Capital, an estimated $22.1M sold.
Based on aggregated 13F filings for Q2 2026.