Invesco California AMT-Free Municipal Bond ETF
95 hedge funds and large institutions have $587M invested in Invesco California AMT-Free Municipal Bond ETF in 2024 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 28 increasing their positions, 23 reducing their positions, and 9 closing their positions.
100% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 9
22% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 23
9% more funds holding
Funds holding: 87 → 95 (+8)
5% more capital invested
Capital invested by funds: $560M → $587M (+$26.5M)
0.42% more ownership
Funds ownership: 67.47% → 67.89% (+0.42%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$240M |
| 2 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$12.8M |
| 3 |
JP Morgan Chase
New York
|
+$11.9M |
| 4 |
BWM
Boyd Wealth Management
Sacramento,
California
|
+$4.86M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$11.2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$7.25M |
| 3 |
ACA
Affinity Capital Advisors
Berkeley,
California
|
-$4.29M |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
-$3.05M |
| 5 |
WSWA
Warren Street Wealth Advisors
Newport Beach,
California
|
-$548K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ZIM
101
Zacks Investment Management
Chicago,
Illinois
| – | -$210K | -8,432 | Closed |
|
102
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$29.8K | -1,199 | Closed |
|
103
Citigroup
New York
| – | -$24.9K | -1,000 | Closed |
|
|
HGERS
104
Householder Group Estate & Retirement Specialist
Scottsdale,
Arizona
| – | -$16.5K | -665 | Closed |
|
PWZ Hedge Fund Activity: Q2 2024 in Review
95 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Invesco California AMT-Free Municipal Bond ETF (PWZ) for Q2 2024, worth a combined $587M — up 4.7% from $560M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new PWZ positions and 9 closed out — a net gain of 9 holders — while 28 added to existing stakes and 23 trimmed.
The largest buyer was Charles Schwab, opening a new position worth an estimated $240M. The largest seller was Wells Fargo, cutting an estimated $11.2M.
- 95 institutional investors held Invesco California AMT-Free Municipal Bond ETF (PWZ) as of Q2 2024, up from 87 in Q1 2024.
- Funds reported $587M of Invesco California AMT-Free Municipal Bond ETF stock for Q2 2024, up 4.7% quarter-over-quarter.
- 18 funds opened new Invesco California AMT-Free Municipal Bond ETF positions in Q2 2024 and 9 closed out, a net change of +9 holders.
- The largest Invesco California AMT-Free Municipal Bond ETF buyer in Q2 2024 was Charles Schwab, an estimated $240M added.
- The largest Invesco California AMT-Free Municipal Bond ETF seller in Q2 2024 was Wells Fargo, an estimated $11.2M sold.
Based on aggregated 13F filings for Q2 2024.