Invesco BulletShares 2032 Municipal Bond ETF
BSMW
64 hedge funds and large institutions have $111M invested in Invesco BulletShares 2032 Municipal Bond ETF in 2026 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 35 increasing their positions, 12 reducing their positions, and 7 closing their positions.
192% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 12
10% more capital invested
Capital invested by funds: $101M → $111M (+$10.4M)
1.4% less ownership
Funds ownership: 68.89% → 67.49% (-1.4%)
4% less funds holding
Funds holding: 67 → 64 (-3)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$2.68M |
| 2 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$2.62M |
| 3 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
+$1.88M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.59M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.66M |
| 2 |
EC
Elequin Capital
New York
|
-$876K |
| 3 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
-$658K |
| 4 |
KOC
Koss-Olinger Consulting
Gainesville,
Florida
|
-$549K |
| 5 |
ADL
Asset Dedication LLC
San Francisco,
California
|
-$538K |
BSMW Hedge Fund Activity: Q1 2026 in Review
64 of the 8,127 institutional investors tracked by Wall St. Rank reported a position in Invesco BulletShares 2032 Municipal Bond ETF (BSMW) for Q1 2026, worth a combined $111M — up 10% from $101M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of BSMW and 6 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 35 added.
The largest buyer was UBS Group, adding an estimated $2.68M. The largest seller was Jane Street, cutting an estimated $1.66M.
- 64 institutional investors held Invesco BulletShares 2032 Municipal Bond ETF (BSMW) as of Q1 2026, down from 67 in Q4 2025.
- Funds reported $111M of Invesco BulletShares 2032 Municipal Bond ETF stock for Q1 2026, up 10% quarter-over-quarter.
- 6 funds opened new Invesco BulletShares 2032 Municipal Bond ETF positions in Q1 2026 and 7 closed out, a net change of -1 holder.
- The largest Invesco BulletShares 2032 Municipal Bond ETF buyer in Q1 2026 was UBS Group, an estimated $2.68M added.
- The largest Invesco BulletShares 2032 Municipal Bond ETF seller in Q1 2026 was Jane Street, an estimated $1.66M sold.
Based on aggregated 13F filings for Q1 2026.