Invesco BulletShares 2032 Municipal Bond ETF
BSMW
56 hedge funds and large institutions have $71.4M invested in Invesco BulletShares 2032 Municipal Bond ETF in 2025 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 33 increasing their positions, 10 reducing their positions, and 4 closing their positions.
230% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 10
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
8% more capital invested
Capital invested by funds: $66M → $71.4M (+$5.38M)
6% more funds holding
Funds holding: 53 → 56 (+3)
2.35% less ownership
Funds ownership: 72.85% → 70.5% (-2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$2.87M |
| 2 |
LPL Financial
San Diego,
California
|
+$2.76M |
| 3 |
PWP
Precedent Wealth Partners
Houston,
Texas
|
+$992K |
| 4 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$703K |
| 5 |
AUB
Atlantic Union Bankshares
Glen Allen,
Virginia
|
+$674K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$1.61M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$1.28M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.27M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$715K |
| 5 |
SFG
Sterling Financial Group
Pasadena,
California
|
-$638K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Comerica Bank
Dallas,
Texas
| $93K | -$225 | -9 | -0.2% |
|
52
Jones Financial Companies
Des Peres,
Missouri
| $92.7K | +$44.1K | +1,762 | +88% |
|
|
GFPC
53
Global Financial Private Client
Sarasota,
Florida
| $89K | -$8.05K | -322 | -8% |
|
54
Royal Bank of Canada
Toronto,
Ontario, Canada
| $82K | +$2.8K | +112 | +3% |
|
|
CAL
55
Capital Analysts LLC
Fort Washington,
Pennsylvania
| $44K | +$34.9K | +1,395 | +346% |
|
56
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $7.31K | +$700 | +28 | +10% |
|
|
AF
57
Advisornet Financial
Minnetonka,
Minnesota
| $6.54K | – | – | – |
|
|
58
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$1.61M | -64,287 | Closed |
|
|
OMC
59
Old Mission Capital
Chicago,
Illinois
| – | -$1.28M | -51,137 | Closed |
|
|
60
Citadel Advisors
Miami,
Florida
| – | -$715K | -28,501 | Closed |
|
|
TRCT
61
Tower Research Capital (TRC)
New York
| – | -$376 | -15 | Closed |
|
BSMW Hedge Fund Activity: Q1 2025 in Review
56 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Invesco BulletShares 2032 Municipal Bond ETF (BSMW) for Q1 2025, worth a combined $71.4M — up 8.1% from $66M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BSMW positions and 4 closed out — a net gain of 3 holders — while 33 added to existing stakes and 10 trimmed.
The largest buyer was Confluence Investment Management, adding an estimated $2.87M. The largest seller was Toronto Dominion Bank, exiting entirely with an estimated $1.61M sold.
- 56 institutional investors held Invesco BulletShares 2032 Municipal Bond ETF (BSMW) as of Q1 2025, up from 53 in Q4 2024.
- Funds reported $71.4M of Invesco BulletShares 2032 Municipal Bond ETF stock for Q1 2025, up 8.1% quarter-over-quarter.
- 7 funds opened new Invesco BulletShares 2032 Municipal Bond ETF positions in Q1 2025 and 4 closed out, a net change of +3 holders.
- The largest Invesco BulletShares 2032 Municipal Bond ETF buyer in Q1 2025 was Confluence Investment Management, an estimated $2.87M added.
- The largest Invesco BulletShares 2032 Municipal Bond ETF seller in Q1 2025 was Toronto Dominion Bank, an estimated $1.61M sold.
Based on aggregated 13F filings for Q1 2025.