Invesco California AMT-Free Municipal Bond ETF
68 hedge funds and large institutions have $375M invested in Invesco California AMT-Free Municipal Bond ETF in 2022 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 24 increasing their positions, 25 reducing their positions, and 11 closing their positions.
3.19% more ownership
Funds ownership: 61.43% → 64.62% (+3.2%)
1% less capital invested
Capital invested by funds: $378M → $375M (-$2.55M)
4% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 25
8% less funds holding
Funds holding: 74 → 68 (-6)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
Top Sellers
| 1 |
Jane Street
New York
|
-$29.6M |
| 2 |
BC
Brio Consultants
San Francisco,
California
|
-$16.7M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$3.27M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.85M |
| 5 |
RMC
Regis Management Company
Menlo Park,
California
|
-$2.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CW
76
CreativeOne Wealth
Overland Park,
Kansas
| – | -$279K | -11,475 | Closed |
|
|
ES
77
Eagle Strategies
New York
| – | -$265K | -10,898 | Closed |
|
78
Cerity Partners
New York
| – | -$263K | -10,834 | Closed |
|
|
CWS
79
Cypress Wealth Services
Palm Desert,
California
| – | -$203K | -8,365 | Closed |
|
80
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$135K | -5,543 | Closed |
|
PWZ Hedge Fund Activity: Q3 2022 in Review
68 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Invesco California AMT-Free Municipal Bond ETF (PWZ) for Q3 2022, worth a combined $375M — down 0.68% from $378M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PWZ and 6 opened new positions — a net loss of 5 holders — while 25 trimmed existing stakes and 24 added.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $73.5M. The largest seller was Jane Street, exiting entirely with an estimated $29.6M sold.
- 68 institutional investors held Invesco California AMT-Free Municipal Bond ETF (PWZ) as of Q3 2022, down from 74 in Q2 2022.
- Funds reported $375M of Invesco California AMT-Free Municipal Bond ETF stock for Q3 2022, down 0.68% quarter-over-quarter.
- 6 funds opened new Invesco California AMT-Free Municipal Bond ETF positions in Q3 2022 and 11 closed out, a net change of -5 holders.
- The largest Invesco California AMT-Free Municipal Bond ETF buyer in Q3 2022 was Charles Schwab Investment Advisory, an estimated $73.5M added.
- The largest Invesco California AMT-Free Municipal Bond ETF seller in Q3 2022 was Jane Street, an estimated $29.6M sold.
Based on aggregated 13F filings for Q3 2022.