Invesco California AMT-Free Municipal Bond ETF
32 hedge funds and large institutions have $99.3M invested in Invesco California AMT-Free Municipal Bond ETF in 2016 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
33% more funds holding
Funds holding: 24 → 32 (+8)
0.56% more ownership
Funds ownership: 52.74% → 53.31% (+0.56%)
5% less capital invested
Capital invested by funds: $104M → $99.3M (-$5.21M)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $89K | +$46.4K | +1,808 | +105% |
|
27
Creative Planning
Overland Park,
Kansas
| $51K | – | – | – |
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $51K | +$51.3K | +2,000 | New |
|
|
PA
29
Parallel Advisors
San Francisco,
California
| $51K | +$51.5K | +2,009 | New |
|
|
ADL
30
Asset Dedication LLC
San Francisco,
California
| $30K | +$30.5K | +1,190 | New |
|
|
LTFS
31
Ladenburg Thalmann Financial Services
Miami,
Florida
| $25K | – | – | – |
|
|
MFS
32
MSI Financial Services
Springfield,
Massachusetts
| $5K | +$4.77K | +186 | New |
|
33
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$481K | -18,101 | Closed |
|
|
CCM
34
Coe Capital Management
Highland Park,
Illinois
| – | -$207K | -7,800 | Closed |
|
PWZ Hedge Fund Activity: Q4 2016 in Review
32 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Invesco California AMT-Free Municipal Bond ETF (PWZ) for Q4 2016, worth a combined $99.3M — down 5% from $104M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PWZ positions and 2 closed out — a net gain of 8 holders — while 12 added to existing stakes and 8 trimmed.
The largest buyer was LPL Financial, adding an estimated $8.41M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $14.7M.
- 32 institutional investors held Invesco California AMT-Free Municipal Bond ETF (PWZ) as of Q4 2016, up from 24 in Q3 2016.
- Funds reported $99.3M of Invesco California AMT-Free Municipal Bond ETF stock for Q4 2016, down 5% quarter-over-quarter.
- 10 funds opened new Invesco California AMT-Free Municipal Bond ETF positions in Q4 2016 and 2 closed out, a net change of +8 holders.
- The largest Invesco California AMT-Free Municipal Bond ETF buyer in Q4 2016 was LPL Financial, an estimated $8.41M added.
- The largest Invesco California AMT-Free Municipal Bond ETF seller in Q4 2016 was Charles Schwab Investment Advisory, an estimated $14.7M sold.
Based on aggregated 13F filings for Q4 2016.