Invesco California AMT-Free Municipal Bond ETF
45 hedge funds and large institutions have $209M invested in Invesco California AMT-Free Municipal Bond ETF in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 5 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
2% more capital invested
Capital invested by funds: $205M → $209M (+$3.64M)
0% more funds holding
Funds holding: 45 → 45 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
1.51% less ownership
Funds ownership: 66.84% → 65.33% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$5.84M |
| 2 |
RMC
Regis Management Company
Menlo Park,
California
|
+$3.34M |
| 3 |
SWRP
Summit Wealth & Retirement Planning
San Ramon,
California
|
+$2.39M |
| 4 |
FCA
FLC Capital Advisors
Palm Desert,
California
|
+$1.44M |
| 5 |
Morgan Stanley
New York
|
+$840K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$8.68M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.65M |
| 3 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$2.61M |
| 4 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$1.21M |
| 5 |
Jane Street
New York
|
-$695K |
PWZ Hedge Fund Activity: Q1 2019 in Review
45 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Invesco California AMT-Free Municipal Bond ETF (PWZ) for Q1 2019, worth a combined $209M — up 1.8% from $205M a quarter earlier.
Fund positioning in PWZ was balanced in Q1 2019: 5 funds opened new positions, 5 closed out, 15 added to existing stakes and 12 trimmed.
The largest buyer was Ameriprise, adding an estimated $5.84M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $8.68M.
- 45 institutional investors held Invesco California AMT-Free Municipal Bond ETF (PWZ) as of Q1 2019, unchanged from Q4 2018.
- Funds reported $209M of Invesco California AMT-Free Municipal Bond ETF stock for Q1 2019, up 1.8% quarter-over-quarter.
- 5 funds opened new Invesco California AMT-Free Municipal Bond ETF positions in Q1 2019 and 5 closed out, a net change of 0 holders.
- The largest Invesco California AMT-Free Municipal Bond ETF buyer in Q1 2019 was Ameriprise, an estimated $5.84M added.
- The largest Invesco California AMT-Free Municipal Bond ETF seller in Q1 2019 was Charles Schwab Investment Advisory, an estimated $8.68M sold.
Based on aggregated 13F filings for Q1 2019.