Invesco BulletShares 2032 Municipal Bond ETF
BSMW
61 hedge funds and large institutions have $81.7M invested in Invesco BulletShares 2032 Municipal Bond ETF in 2025 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 33 increasing their positions, 14 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
136% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 14
15% more funds holding
Funds holding: 53 → 61 (+8)
13% more capital invested
Capital invested by funds: $72.2M → $81.7M (+$9.45M)
1.04% more ownership
Funds ownership: 66.75% → 67.79% (+1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$1.96M |
| 2 |
EC
Elequin Capital
New York
|
+$1.77M |
| 3 |
EFP
Envision Financial Planning
Memphis,
Tennessee
|
+$1.27M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.09M |
| 5 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.16M |
| 2 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$1.77M |
| 3 |
MLA
MB, Levis & Associates
Center Valley,
Pennsylvania
|
-$1.48M |
| 4 |
SFG
Sterling Financial Group
Pasadena,
California
|
-$509K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$327K |
BSMW Hedge Fund Activity: Q3 2025 in Review
61 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Invesco BulletShares 2032 Municipal Bond ETF (BSMW) for Q3 2025, worth a combined $81.7M — up 13% from $72.2M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BSMW positions and 2 closed out — a net gain of 8 holders — while 33 added to existing stakes and 14 trimmed.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $1.96M. The largest seller was Jane Street, cutting an estimated $3.16M.
- 61 institutional investors held Invesco BulletShares 2032 Municipal Bond ETF (BSMW) as of Q3 2025, up from 53 in Q2 2025.
- Funds reported $81.7M of Invesco BulletShares 2032 Municipal Bond ETF stock for Q3 2025, up 13% quarter-over-quarter.
- 10 funds opened new Invesco BulletShares 2032 Municipal Bond ETF positions in Q3 2025 and 2 closed out, a net change of +8 holders.
- The largest Invesco BulletShares 2032 Municipal Bond ETF buyer in Q3 2025 was Flow Traders U.S., an estimated $1.96M added.
- The largest Invesco BulletShares 2032 Municipal Bond ETF seller in Q3 2025 was Jane Street, an estimated $3.16M sold.
Based on aggregated 13F filings for Q3 2025.