Invesco California AMT-Free Municipal Bond ETF
34 hedge funds and large institutions have $124M invested in Invesco California AMT-Free Municipal Bond ETF in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 0 closing their positions.
31% more capital invested
Capital invested by funds: $94.5M → $124M (+$29.4M)
17% more funds holding
Funds holding: 29 → 34 (+5)
4.63% more ownership
Funds ownership: 51.27% → 55.9% (+4.6%)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
Top Buyers
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$24.3M |
| 2 |
Jane Street
New York
|
+$1.3M |
| 3 |
VF
Virtu Financial
New York
|
+$943K |
| 4 |
Morgan Stanley
New York
|
+$912K |
| 5 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$663K |
Top Sellers
| 1 |
Citigroup
New York
|
-$426K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$381K |
| 3 |
PAS
Partnervest Advisory Services
Santa Barbara,
California
|
-$264K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$177K |
| 5 |
BPC
Banque Pictet & Cie
Geneva 73,
Switzerland
|
-$98.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
26
Advisor Group
Phoenix,
Arizona
| $231K | -$10.7K | -410 | -4% |
|
|
TSS
27
Two Sigma Securities
New York
| $227K | +$228K | +8,700 | New |
|
|
CCM
28
Coe Capital Management
Highland Park,
Illinois
| $203K | – | – | – |
|
|
CAN
29
Cetera Advisor Networks
El Segundo,
California
| $200K | +$201K | +7,665 | New |
|
|
GRP
30
Global Retirement Partners
San Rafael,
California
| $198K | – | – | – |
|
31
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $52K | – | – | – |
|
|
IA
32
IFP Advisors
Tampa,
Florida
| $47K | – | – | – |
|
|
PA
33
Parallel Advisors
San Francisco,
California
| $15K | – | – | – |
|
34
BlackRock
New York
| $1K | – | – | – |
|
PWZ Hedge Fund Activity: Q3 2017 in Review
34 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco California AMT-Free Municipal Bond ETF (PWZ) for Q3 2017, worth a combined $124M — up 31% from $94.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PWZ positions and 0 closed out — a net gain of 5 holders — while 10 added to existing stakes and 12 trimmed.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $24.3M. The largest seller was Citigroup, cutting an estimated $426K.
- 34 institutional investors held Invesco California AMT-Free Municipal Bond ETF (PWZ) as of Q3 2017, up from 29 in Q2 2017.
- Funds reported $124M of Invesco California AMT-Free Municipal Bond ETF stock for Q3 2017, up 31% quarter-over-quarter.
- 5 funds opened new Invesco California AMT-Free Municipal Bond ETF positions in Q3 2017 and 0 closed out, a net change of +5 holders.
- The largest Invesco California AMT-Free Municipal Bond ETF buyer in Q3 2017 was Charles Schwab Investment Advisory, an estimated $24.3M added.
- The largest Invesco California AMT-Free Municipal Bond ETF seller in Q3 2017 was Citigroup, an estimated $426K sold.
Based on aggregated 13F filings for Q3 2017.