Invesco BulletShares 2032 Municipal Bond ETF
BSMW
53 hedge funds and large institutions have $72.2M invested in Invesco BulletShares 2032 Municipal Bond ETF in 2025 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 29 increasing their positions, 16 reducing their positions, and 5 closing their positions.
81% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 16
1% more capital invested
Capital invested by funds: $71.4M → $72.2M (+$785K)
3.75% less ownership
Funds ownership: 70.5% → 66.75% (-3.7%)
5% less funds holding
Funds holding: 56 → 53 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2M |
| 2 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
+$1.54M |
| 3 |
AUB
Atlantic Union Bankshares
Glen Allen,
Virginia
|
+$727K |
| 4 |
ADL
Asset Dedication LLC
San Francisco,
California
|
+$601K |
| 5 |
KOC
Koss-Olinger Consulting
Gainesville,
Florida
|
+$532K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EFP
Envision Financial Planning
Memphis,
Tennessee
|
-$2.8M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.06M |
| 3 |
CA
CGN Advisors
Manhattan,
Kansas
|
-$799K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$538K |
| 5 |
AWM
Avior Wealth Management
Omaha,
Nebraska
|
-$475K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAL
51
Capital Analysts LLC
Fort Washington,
Pennsylvania
| $44K | +$97 | +4 | +0.2% |
|
52
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $7.34K | +$73 | +3 | +1% |
|
|
AF
53
Advisornet Financial
Minnetonka,
Minnesota
| $6.51K | – | – | – |
|
54
Fidelity Investments
Boston,
Massachusetts
| $1.31K | -$188K | -7,713 | -99% |
|
|
CA
55
CGN Advisors
Manhattan,
Kansas
| – | -$799K | -32,463 | Closed |
|
|
IA
56
IFP Advisors
Tampa,
Florida
| – | -$538K | -21,889 | Closed |
|
|
AWM
57
Avior Wealth Management
Omaha,
Nebraska
| – | -$475K | -19,291 | Closed |
|
|
HGA
58
Hobbs Group Advisors
Columbia,
South Carolina
| – | -$300K | -12,204 | Closed |
|
|
GFPC
59
Global Financial Private Client
Sarasota,
Florida
| – | -$89K | -3,616 | Closed |
|
BSMW Hedge Fund Activity: Q2 2025 in Review
53 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Invesco BulletShares 2032 Municipal Bond ETF (BSMW) for Q2 2025, worth a combined $72.2M — up 1.1% from $71.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BSMW and 2 opened new positions — a net loss of 3 holders — while 16 trimmed existing stakes and 29 added.
The largest buyer was Jane Street, adding an estimated $2M. The largest seller was Envision Financial Planning, cutting an estimated $2.8M.
- 53 institutional investors held Invesco BulletShares 2032 Municipal Bond ETF (BSMW) as of Q2 2025, down from 56 in Q1 2025.
- Funds reported $72.2M of Invesco BulletShares 2032 Municipal Bond ETF stock for Q2 2025, up 1.1% quarter-over-quarter.
- 2 funds opened new Invesco BulletShares 2032 Municipal Bond ETF positions in Q2 2025 and 5 closed out, a net change of -3 holders.
- The largest Invesco BulletShares 2032 Municipal Bond ETF buyer in Q2 2025 was Jane Street, an estimated $2M added.
- The largest Invesco BulletShares 2032 Municipal Bond ETF seller in Q2 2025 was Envision Financial Planning, an estimated $2.8M sold.
Based on aggregated 13F filings for Q2 2025.