Invesco California AMT-Free Municipal Bond ETF
12 hedge funds and large institutions have $6.4M invested in Invesco California AMT-Free Municipal Bond ETF in 2013 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 7 reducing their positions, and 3 closing their positions.
8% less funds holding
Funds holding: 13 → 12 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
86% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 7
87% less capital inflows, than outflows
Capital inflows: $1.11M | Capital outflows: $8.43M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$612K |
| 2 |
Virtu KCG Holdings
New York
|
+$441K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$51.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$5.74M |
| 2 |
Jane Street
New York
|
-$1.13M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$704K |
| 4 |
Capital Wealth Planning
Naples,
Florida
|
-$325K |
| 5 |
UBS
Zurich,
Switzerland
|
-$229K |
PWZ Hedge Fund Activity: Q4 2013 in Review
12 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Invesco California AMT-Free Municipal Bond ETF (PWZ) for Q4 2013, worth a combined $6.4M — down 53% from $13.7M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PWZ and 2 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 1 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $612K. The largest seller was Wells Fargo, cutting an estimated $5.74M.
- 12 institutional investors held Invesco California AMT-Free Municipal Bond ETF (PWZ) as of Q4 2013, down from 13 in Q3 2013.
- Funds reported $6.4M of Invesco California AMT-Free Municipal Bond ETF stock for Q4 2013, down 53% quarter-over-quarter.
- 2 funds opened new Invesco California AMT-Free Municipal Bond ETF positions in Q4 2013 and 3 closed out, a net change of -1 holder.
- The largest Invesco California AMT-Free Municipal Bond ETF buyer in Q4 2013 was Susquehanna International Group, an estimated $612K added.
- The largest Invesco California AMT-Free Municipal Bond ETF seller in Q4 2013 was Wells Fargo, an estimated $5.74M sold.
Based on aggregated 13F filings for Q4 2013.