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Invesco California AMT-Free Municipal Bond ETF

69 hedge funds and large institutions have $260M invested in Invesco California AMT-Free Municipal Bond ETF in 2021 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 34 increasing their positions, 10 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

240% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 10

6% more capital invested

Capital invested by funds: $246M → $260M (+$14M)

0.18% more ownership

Funds ownership: 53.09%53.27% (+0.18%)

0% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 8

1% less funds holding

Funds holding: 7069 (-1)

Holders
69
Holders Change
-1
Holders Change %
-1.43%
% of All Funds
1.21%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
34
Reduced
10
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CWS
51
Cypress Wealth Services
California
$225K +$1.34K +48 +0.6%
MCM
52
Mattern Capital Management
Colorado
$207K
MM
53
Main Management
California
$205K
AIP
54
Ameritas Investment Partners
Nebraska
$194K +$2.4K +86 +1%
GRP
55
Global Retirement Partners
California
$188K -$94.2K -3,380 -33%
Citigroup
56
Citigroup
New York
$174K -$27.9K -1,000 -14%
CAPTRUST Financial Advisors
57
CAPTRUST Financial Advisors
North Carolina
$153K
US Bancorp
58
US Bancorp
Minnesota
$109K
BCPWM
59
Bradley & Co Private Wealth Management
Florida
$92K +$92.3K +3,315 New
PNC Financial Services Group
60
PNC Financial Services Group
Pennsylvania
$55K
SAM
61
S.A. Mason
Michigan
$39K -$90.5K -3,250 -70%
DWMG
62
DB Wealth Management Group
California
$39K +$223 +8 +0.6%
BC
63
Bartlett & Co
Ohio
$35K
BCWM
64
Bartlett & Co Wealth Management
Ohio
$34.6K
PA
65
Parallel Advisors
California
$16K
TRCT
66
Tower Research Capital (TRC)
New York
$8K
AF
67
Allworth Financial
California
$4K
BBHC
68
Brown Brothers Harriman & Co
New York
$94 +$94.7K +3,400 New
BRWM
69
B. Riley Wealth Management
Tennessee
-$894K -57,112 Closed
Susquehanna International Group
70
Susquehanna International Group
Pennsylvania
-$532K -19,016 Closed
Charles Schwab
71
Charles Schwab
California
-$308K -11,000 Closed
OWA
72
One Wealth Advisors
California
-$246K -8,779 Closed
BWA
73
BDO Wealth Advisors
Florida
-$35K -1,265 Closed
GAM
74
Gemmer Asset Management
California
-$25K -883 Closed
KC
75
Knuff & Co
California
-$8K -292 Closed

PWZ Hedge Fund Activity: Q1 2021 in Review

69 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Invesco California AMT-Free Municipal Bond ETF (PWZ) for Q1 2021, worth a combined $260M — up 5.7% from $246M a quarter earlier.

Fund positioning in PWZ was balanced in Q1 2021: 8 funds opened new positions, 8 closed out, 34 added to existing stakes and 10 trimmed.

The largest buyer was Charles Schwab Investment Advisory, adding an estimated $11.4M. The largest seller was Jane Street, cutting an estimated $3.51M.

  • 69 institutional investors held Invesco California AMT-Free Municipal Bond ETF (PWZ) as of Q1 2021, down from 70 in Q4 2020.
  • Funds reported $260M of Invesco California AMT-Free Municipal Bond ETF stock for Q1 2021, up 5.7% quarter-over-quarter.
  • 8 funds opened new Invesco California AMT-Free Municipal Bond ETF positions in Q1 2021 and 8 closed out, a net change of 0 holders.
  • The largest Invesco California AMT-Free Municipal Bond ETF buyer in Q1 2021 was Charles Schwab Investment Advisory, an estimated $11.4M added.
  • The largest Invesco California AMT-Free Municipal Bond ETF seller in Q1 2021 was Jane Street, an estimated $3.51M sold.

Based on aggregated 13F filings for Q1 2021.