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Invesco California AMT-Free Municipal Bond ETF

68 hedge funds and large institutions have $266M invested in Invesco California AMT-Free Municipal Bond ETF in 2021 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 30 increasing their positions, 14 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

114% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 14

1% more capital invested

Capital invested by funds: $264M → $266M (+$2.71M)

0.35% less ownership

Funds ownership: 51.82%51.47% (-0.35%)

9% less funds holding

Funds holding: 7568 (-7)

38% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 13

Holders
68
Holders Change
-7
Holders Change %
-9.33%
% of All Funds
1.19%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
8
Increased
30
Reduced
14
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FTUS
26
Flow Traders U.S.
New York
$561K +$230K +8,180 +68%
DWM
27
Destination Wealth Management
California
$547K -$150K -5,342 -21%
FWA
28
FOCUS Wealth Advisors
Texas
$526K +$11.8K +420 +2%
ACI
29
Alpha Cubed Investments
California
$494K +$500K +17,790 New
GRP
30
Global Retirement Partners
California
$477K +$292K +10,383 +153%
ACA
31
Atlas Capital Advisors
Wyoming
$442K
Creative Planning
32
Creative Planning
Kansas
$440K +$56 +2 +0%
CAN
33
Cetera Advisor Networks
California
$429K +$1.6K +57 +0.4%
OMC
34
Old Mission Capital
Illinois
$427K -$1.2M -42,579 -73%
JBA
35
Johnson Bixby & Associates
Washington
$413K +$787 +28 +0.2%
IP
36
Intellectus Partners
California
$407K -$68.3K -2,428 -14%
RJFSA
37
Raymond James Financial Services Advisors
Florida
$399K -$10.2K -361 -2%
FCA
38
FLC Capital Advisors
California
$330K
CW
39
CreativeOne Wealth
Kansas
$320K -$148K -5,256 -31%
Mercer Global Advisors
40
Mercer Global Advisors
Colorado
$312K +$316K +11,246 New
MCM
41
Mattern Capital Management
Colorado
$298K +$91.1K +3,241 +43%
Royal Bank of Canada
42
Royal Bank of Canada
Ontario, Canada
$287K +$32.6K +1,160 +13%
SI
43
SimpliFi Inc
California
$272K +$275K +9,796 New
Rockefeller Capital Management
44
Rockefeller Capital Management
New York
$263K
DADC
45
D.A. Davidson & Co
Montana
$261K +$265K +9,423 New
PWM
46
Paulson Wealth Management
Illinois
$239K
WCWM
47
Wooster Corthell Wealth Management
Connecticut
$237K +$240K +8,541 New
GCA
48
Gradient Capital Advisors
California
$233K
CWS
49
Cypress Wealth Services
California
$228K +$1.29K +46 +0.6%
RFA
50
Reilly Financial Advisors
California
$225K

PWZ Hedge Fund Activity: Q3 2021 in Review

68 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Invesco California AMT-Free Municipal Bond ETF (PWZ) for Q3 2021, worth a combined $266M — up 1% from $264M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of PWZ and 8 opened new positions — a net loss of 5 holders — while 14 trimmed existing stakes and 30 added.

The largest buyer was Charles Schwab Investment Advisory, adding an estimated $8.4M. The largest seller was Jane Street, exiting entirely with an estimated $11M sold.

  • 68 institutional investors held Invesco California AMT-Free Municipal Bond ETF (PWZ) as of Q3 2021, down from 75 in Q2 2021.
  • Funds reported $266M of Invesco California AMT-Free Municipal Bond ETF stock for Q3 2021, up 1% quarter-over-quarter.
  • 8 funds opened new Invesco California AMT-Free Municipal Bond ETF positions in Q3 2021 and 13 closed out, a net change of -5 holders.
  • The largest Invesco California AMT-Free Municipal Bond ETF buyer in Q3 2021 was Charles Schwab Investment Advisory, an estimated $8.4M added.
  • The largest Invesco California AMT-Free Municipal Bond ETF seller in Q3 2021 was Jane Street, an estimated $11M sold.

Based on aggregated 13F filings for Q3 2021.