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Invesco California AMT-Free Municipal Bond ETF

74 hedge funds and large institutions have $378M invested in Invesco California AMT-Free Municipal Bond ETF in 2022 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 29 increasing their positions, 23 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 23

1.03% less ownership

Funds ownership: 62.46%61.43% (-1%)

5% less capital invested

Capital invested by funds: $399M → $378M (-$21.3M)

8% less funds holding

Funds holding: 8074 (-6)

40% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 15

Holders
74
Holders Change
-6
Holders Change %
-7.5%
% of All Funds
1.25%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
9
Increased
29
Reduced
23
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CAN
51
Cetera Advisor Networks
California
$319K -$60.3K -2,449 -16%
Royal Bank of Canada
52
Royal Bank of Canada
Ontario, Canada
$309K +$32.5K +1,320 +12%
WSWA
53
Warren Street Wealth Advisors
California
$307K +$310K +12,603 New
CW
54
CreativeOne Wealth
Kansas
$279K -$3.15K -128 -1%
ES
55
Eagle Strategies
New York
$265K +$17.3K +701 +7%
Cerity Partners
56
Cerity Partners
New York
$263K +$267K +10,834 New
Rockefeller Capital Management
57
Rockefeller Capital Management
New York
$254K +$24.2K +981 +10%
Mercer Global Advisors
58
Mercer Global Advisors
Colorado
$250K -$14.5K -590 -5%
Envestnet Asset Management
59
Envestnet Asset Management
Illinois
$238K +$15.1K +612 +7%
DADC
60
D.A. Davidson & Co
Montana
$211K +$213K +8,661 New
CWS
61
Cypress Wealth Services
California
$203K +$1.16K +47 +0.6%
AIP
62
Ameritas Investment Partners
Nebraska
$201K -$2.83K -115 -1%
PCFFS
63
Pacific Center for Financial Services
California
$189K +$1.06K +43 +0.6%
MM
64
Main Management
California
$180K
CAPTRUST Financial Advisors
65
CAPTRUST Financial Advisors
North Carolina
$135K
BBHC
66
Brown Brothers Harriman & Co
New York
$83K
Citigroup
67
Citigroup
New York
$49K
PNC Financial Services Group
68
PNC Financial Services Group
Pennsylvania
$49K
MCC
69
Money Concepts Capital
Florida
$46K -$24.1K -977 -34%
BC
70
Bartlett & Co
Ohio
$35K
DWMG
71
DB Wealth Management Group
California
$35K +$197 +8 +0.6%
BCWM
72
Bartlett & Co Wealth Management
Ohio
$34.8K
SAM
73
S.A. Mason
Michigan
$34K
TRCT
74
Tower Research Capital (TRC)
New York
$7K
IA
75
IFP Advisors
Florida
$1K

PWZ Hedge Fund Activity: Q2 2022 in Review

74 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Invesco California AMT-Free Municipal Bond ETF (PWZ) for Q2 2022, worth a combined $378M — down 5.3% from $399M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of PWZ and 9 opened new positions — a net loss of 6 holders — while 23 trimmed existing stakes and 29 added.

The largest buyer was Jane Street, adding an estimated $21.7M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $40.4M.

  • 74 institutional investors held Invesco California AMT-Free Municipal Bond ETF (PWZ) as of Q2 2022, down from 80 in Q1 2022.
  • Funds reported $378M of Invesco California AMT-Free Municipal Bond ETF stock for Q2 2022, down 5.3% quarter-over-quarter.
  • 9 funds opened new Invesco California AMT-Free Municipal Bond ETF positions in Q2 2022 and 15 closed out, a net change of -6 holders.
  • The largest Invesco California AMT-Free Municipal Bond ETF buyer in Q2 2022 was Jane Street, an estimated $21.7M added.
  • The largest Invesco California AMT-Free Municipal Bond ETF seller in Q2 2022 was Charles Schwab Investment Advisory, an estimated $40.4M sold.

Based on aggregated 13F filings for Q2 2022.