We are live on ! Find out more
PWZ icon

Invesco California AMT-Free Municipal Bond ETF
PWZ

69 hedge funds and large institutions have $356M invested in Invesco California AMT-Free Municipal Bond ETF in 2022 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 22 increasing their positions, 21 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 14

1% more funds holding

Funds holding: 68 → 69 (+1)

5% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 21

1.77% less ownership

Funds ownership: 64.62% → 62.85% (-1.8%)

5% less capital invested

Capital invested by funds: $375M → $356M (-$19.3M)

Holders
69
Holders Change
+1
Holders Change %
+1.47%
% of All Funds
1.11%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
17
Increased
22
Reduced
21
Closed
14
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
+$33.5M
2
Mariner
Mariner
Kansas
+$4.85M
3
Morgan Stanley
Morgan Stanley
New York
+$4.05M
4
FTUS
Flow Traders U.S.
New York
+$3.51M
5
Renaissance Technologies
Renaissance Technologies
New York
+$2.98M

Top Sellers

Rank Fund Capital Flow
1
CSIA
Charles Schwab Investment Advisory
California
-$61.6M
2
Wells Fargo
Wells Fargo
California
-$7.2M
3
GKWIM
Gerber Kawasaki Wealth & Investment Management
California
-$6.51M
4
EWA
EP Wealth Advisors
California
-$3.39M
5
SWRP
Summit Wealth & Retirement Planning
California
-$1.48M
Name Holding Trade Value Shares
Change 		Change in
Stake
WSWA
26
Warren Street Wealth Advisors
California
$720K +$427K +18,025 +153%
MMA
27
Miracle Mile Advisors
California
$669K +$658K +27,728 New
BRWA
28
B. Riley Wealth Advisors
Florida
$651K +$1.56K +66 +0.2%
RJFSA
29
Raymond James Financial Services Advisors
Florida
$643K +$4.39K +185 +0.7%
Fisher Asset Management
30
Fisher Asset Management
Washington
$628K +$617K +26,000 New
AAS
31
Avantax Advisory Services
Texas
$572K +$17.3K +730 +3%
FWA
32
FOCUS Wealth Advisors
Texas
$520K – – –
Cambridge Investment Research Advisors
33
Cambridge Investment Research Advisors
Iowa
$496K +$21.3K +900 +5%
ACI
34
Alpha Cubed Investments
California
$429K – – –
MWM
35
Mission Wealth Management
California
$410K +$402K +16,967 New
Envestnet Asset Management
36
Envestnet Asset Management
Illinois
$399K -$8.47K -357 -2%
AA
37
Apriem Advisors
California
$385K -$64K -2,700 -14%
Commonwealth Equity Services
38
Commonwealth Equity Services
Massachusetts
$385K -$64K -2,699 -14%
Royal Bank of Canada
39
Royal Bank of Canada
Ontario, Canada
$372K +$64K +2,697 +21%
JBA
40
Johnson Bixby & Associates
Washington
$371K +$2.63K +111 +0.7%
MCM
41
Mattern Capital Management
Colorado
$365K -$37.5K -1,581 -9%
WA
42
Waddell & Associates
Tennessee
$341K +$335K +14,125 New
GRP
43
Global Retirement Partners
California
$335K -$12.1K -509 -4%
BC
44
Brio Consultants
California
$332K -$390K -16,433 -54%
CAN
45
Cetera Advisor Networks
California
$319K +$8.51K +359 +3%
APP
46
Avantax Planning Partners
Iowa
$302K +$296K +12,493 New
Mercer Global Advisors
47
Mercer Global Advisors
Colorado
$301K +$51K +2,152 +21%
Kayne Anderson Rudnick Investment Management
48
Kayne Anderson Rudnick Investment Management
California
$298K +$293K +12,344 New
Creative Planning
49
Creative Planning
Kansas
$254K -$8.16K -344 -3%
Cetera Investment Advisers
50
Cetera Investment Advisers
Illinois
$232K +$228K +9,601 New
1
2
3 4

PWZ Hedge Fund Activity: Q4 2022 in Review

69 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Invesco California AMT-Free Municipal Bond ETF (PWZ) for Q4 2022, worth a combined $356M — down 5.1% from $375M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new PWZ positions and 14 closed out — a net gain of 3 holders — while 22 added to existing stakes and 21 trimmed.

The largest buyer was Jane Street, opening a new position worth an estimated $33.5M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $61.6M.

  • 69 institutional investors held Invesco California AMT-Free Municipal Bond ETF (PWZ) as of Q4 2022, up from 68 in Q3 2022.
  • Funds reported $356M of Invesco California AMT-Free Municipal Bond ETF stock for Q4 2022, down 5.1% quarter-over-quarter.
  • 17 funds opened new Invesco California AMT-Free Municipal Bond ETF positions in Q4 2022 and 14 closed out, a net change of +3 holders.
  • The largest Invesco California AMT-Free Municipal Bond ETF buyer in Q4 2022 was Jane Street, an estimated $33.5M added.
  • The largest Invesco California AMT-Free Municipal Bond ETF seller in Q4 2022 was Charles Schwab Investment Advisory, an estimated $61.6M sold.

Based on aggregated 13F filings for Q4 2022.