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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
HAS
51
HBW Advisory Services
California
$221K -$1.21K -43 -0.5%
Envestnet Asset Management
52
Envestnet Asset Management
Illinois
$218K +$221K +7,857 New
AIP
53
Ameritas Investment Partners
Nebraska
$212K +$3.32K +118 +2%
EGA
54
Eagle Global Advisors
Texas
$208K -$70.3K -2,500 -25%
MM
55
Main Management
California
$205K
CAPTRUST Financial Advisors
56
CAPTRUST Financial Advisors
North Carolina
$154K
Citigroup
57
Citigroup
New York
$64K -$107K -3,800 -62%
PNC Financial Services Group
58
PNC Financial Services Group
Pennsylvania
$63K +$6.67K +237 +12%
BC
59
Bartlett & Co
Ohio
$40K +$5.06K +180 +14%
BCWM
60
Bartlett & Co Wealth Management
Ohio
$39.7K +$5.06K +180 +14%
SAM
61
S.A. Mason
Michigan
$39K
DWMG
62
DB Wealth Management Group
California
$39K +$225 +8 +0.6%
NFG
63
Next Financial Group
Texas
$22K +$16.9K +600 +300%
PA
64
Parallel Advisors
California
$16K
TRCT
65
Tower Research Capital (TRC)
New York
$8K
AF
66
Allworth Financial
California
$4K
BBHC
67
Brown Brothers Harriman & Co
New York
$94
Jane Street
68
Jane Street
New York
-$11M -391,617 Closed
MIAN
69
Mariner Independent Advisor Network
Kansas
-$4.43M -157,534 Closed
MWM
70
McNaughton Wealth Management
California
-$1.89M -67,170 Closed
MAFM
71
Mid Atlantic Financial Management
Pennsylvania
-$648K -23,069 Closed
LWAC
72
Laurel Wealth Advisors (California)
California
-$407K -14,480 Closed
FLPIM
73
F.L. Putnam Investment Management
Massachusetts
-$327K -11,619 Closed
Citadel Advisors
74
Citadel Advisors
Florida
-$293K -10,419 Closed
Susquehanna International Group
75
Susquehanna International Group
Pennsylvania
-$256K -9,123 Closed

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.