Invesco California AMT-Free Municipal Bond ETF
38 hedge funds and large institutions have $150M invested in Invesco California AMT-Free Municipal Bond ETF in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 5 closing their positions.
4% more capital invested
Capital invested by funds: $144M → $150M (+$6.37M)
0.78% more ownership
Funds ownership: 58.55% → 59.33% (+0.78%)
0% more funds holding
Funds holding: 38 → 38 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$6.12M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.74M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.05M |
| 4 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$2M |
| 5 |
Morgan Stanley
New York
|
+$376K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$2.63M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.38M |
| 3 |
Goldman Sachs
New York
|
-$710K |
| 4 |
GKWIM
Gerber Kawasaki Wealth & Investment Management
Santa Monica,
California
|
-$306K |
| 5 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$214K |
PWZ Hedge Fund Activity: Q1 2018 in Review
38 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Invesco California AMT-Free Municipal Bond ETF (PWZ) for Q1 2018, worth a combined $150M — up 4.4% from $144M a quarter earlier.
Fund positioning in PWZ was balanced in Q1 2018: 5 funds opened new positions, 5 closed out, 11 added to existing stakes and 12 trimmed.
The largest buyer was Jane Street, adding an estimated $6.12M. The largest seller was LPL Financial, cutting an estimated $2.63M.
- 38 institutional investors held Invesco California AMT-Free Municipal Bond ETF (PWZ) as of Q1 2018, unchanged from Q4 2017.
- Funds reported $150M of Invesco California AMT-Free Municipal Bond ETF stock for Q1 2018, up 4.4% quarter-over-quarter.
- 5 funds opened new Invesco California AMT-Free Municipal Bond ETF positions in Q1 2018 and 5 closed out, a net change of 0 holders.
- The largest Invesco California AMT-Free Municipal Bond ETF buyer in Q1 2018 was Jane Street, an estimated $6.12M added.
- The largest Invesco California AMT-Free Municipal Bond ETF seller in Q1 2018 was LPL Financial, an estimated $2.63M sold.
Based on aggregated 13F filings for Q1 2018.