Invesco California AMT-Free Municipal Bond ETF
69 hedge funds and large institutions have $348M invested in Invesco California AMT-Free Municipal Bond ETF in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 26 increasing their positions, 18 reducing their positions, and 10 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 18
0% more funds holding
Funds holding: 69 → 69 (0)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
2% less capital invested
Capital invested by funds: $356M → $348M (-$8.01M)
1.3% less ownership
Funds ownership: 62.85% → 61.55% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.44M |
| 2 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$2.17M |
| 3 |
SW
SteelPeak Wealth
Woodland Hills,
California
|
+$2.05M |
| 4 |
GKWIM
Gerber Kawasaki Wealth & Investment Management
Santa Monica,
California
|
+$1.77M |
| 5 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$1.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$26M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$4.08M |
| 3 |
Renaissance Technologies
New York
|
-$3.03M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$774K |
| 5 |
Morgan Stanley
New York
|
-$505K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MCC
76
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$69.5K | -2,877 | Closed |
|
|
PTC
77
Private Trust Company
Cleveland,
Ohio
| – | -$44K | -1,824 | Closed |
|
78
Rockefeller Capital Management
New York
| – | -$42K | -1,753 | Closed |
|
|
RPCA
79
Running Point Capital Advisors
El Segundo,
California
| – | -$3.26K | -135 | Closed |
|
PWZ Hedge Fund Activity: Q1 2023 in Review
69 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Invesco California AMT-Free Municipal Bond ETF (PWZ) for Q1 2023, worth a combined $348M — down 2.2% from $356M a quarter earlier.
Fund positioning in PWZ was balanced in Q1 2023: 10 funds opened new positions, 10 closed out, 26 added to existing stakes and 18 trimmed.
The largest buyer was Wells Fargo, adding an estimated $5.44M. The largest seller was Jane Street, cutting an estimated $26M.
- 69 institutional investors held Invesco California AMT-Free Municipal Bond ETF (PWZ) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $348M of Invesco California AMT-Free Municipal Bond ETF stock for Q1 2023, down 2.2% quarter-over-quarter.
- 10 funds opened new Invesco California AMT-Free Municipal Bond ETF positions in Q1 2023 and 10 closed out, a net change of 0 holders.
- The largest Invesco California AMT-Free Municipal Bond ETF buyer in Q1 2023 was Wells Fargo, an estimated $5.44M added.
- The largest Invesco California AMT-Free Municipal Bond ETF seller in Q1 2023 was Jane Street, an estimated $26M sold.
Based on aggregated 13F filings for Q1 2023.