Invesco BulletShares 2032 Municipal Bond ETF
BSMW
70 hedge funds and large institutions have $130M invested in Invesco BulletShares 2032 Municipal Bond ETF in 2026 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 37 increasing their positions, 10 reducing their positions, and 6 closing their positions.
270% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 10
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
17% more capital invested
Capital invested by funds: $111M → $130M (+$19.1M)
9% more funds holding
Funds holding: 64 → 70 (+6)
5.3% less ownership
Funds ownership: 67.49% → 62.19% (-5.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lido Advisors
Los Angeles,
California
|
+$4.3M |
| 2 |
Morgan Stanley
New York
|
+$1.32M |
| 3 |
AUB
Atlantic Union Bankshares
Glen Allen,
Virginia
|
+$1.2M |
| 4 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
+$1.15M |
| 5 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$994K |
| 2 |
STA
Summit Trail Advisors
New York
|
-$462K |
| 3 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$386K |
| 4 |
VA
VestGen Advisors
Inverness,
Illinois
|
-$280K |
| 5 |
AA
Addison Advisors
Middlebury,
Vermont
|
-$256K |
BSMW Hedge Fund Activity: Q2 2026 in Review
70 of the 8,318 institutional investors tracked by Wall St. Rank reported a position in Invesco BulletShares 2032 Municipal Bond ETF (BSMW) for Q2 2026, worth a combined $130M — up 17% from $111M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new BSMW positions and 6 closed out — a net gain of 6 holders — while 37 added to existing stakes and 10 trimmed.
The largest buyer was Lido Advisors, adding an estimated $4.3M. The largest seller was Flow Traders U.S., exiting entirely with an estimated $994K sold.
- 70 institutional investors held Invesco BulletShares 2032 Municipal Bond ETF (BSMW) as of Q2 2026, up from 64 in Q1 2026.
- Funds reported $130M of Invesco BulletShares 2032 Municipal Bond ETF stock for Q2 2026, up 17% quarter-over-quarter.
- 12 funds opened new Invesco BulletShares 2032 Municipal Bond ETF positions in Q2 2026 and 6 closed out, a net change of +6 holders.
- The largest Invesco BulletShares 2032 Municipal Bond ETF buyer in Q2 2026 was Lido Advisors, an estimated $4.3M added.
- The largest Invesco BulletShares 2032 Municipal Bond ETF seller in Q2 2026 was Flow Traders U.S., an estimated $994K sold.
Based on aggregated 13F filings for Q2 2026.