Invesco California AMT-Free Municipal Bond ETF
11 hedge funds and large institutions have $5.93M invested in Invesco California AMT-Free Municipal Bond ETF in 2014 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 2 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
0.97% less ownership
Funds ownership: 12.85% → 11.89% (-0.97%)
7% less capital invested
Capital invested by funds: $6.41M → $5.93M (-$473K)
8% less funds holding
Funds holding: 12 → 11 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$529K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$45.2K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$32.7K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$14.4K |
| 5 |
AA
Apriem Advisors
Irvine,
California
|
+$215 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$610K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$439K |
| 3 |
Morgan Stanley
New York
|
-$208K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$83.7K |
| 5 |
Citigroup
New York
|
-$18.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Bank of America
Charlotte,
North Carolina
| $1.9M | +$32.7K | +1,369 | +2% |
|
|
2
Morgan Stanley
New York
| $1.07M | -$208K | -8,724 | -17% |
|
|
U
3
UBS
Zurich,
Switzerland
| $952K | +$529K | +22,189 | +131% |
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $700K | -$10.9K | -457 | -2% |
|
|
RJA
5
Raymond James & Associates
St Petersburg,
Florida
| $491K | +$14.4K | +605 | +3% |
|
|
6
Citigroup
New York
| $367K | -$18.7K | -783 | -5% |
|
|
PAS
7
Partnervest Advisory Services
Santa Barbara,
California
| $146K | – | – | – |
|
|
8
Wells Fargo
San Francisco,
California
| $134K | -$83.7K | -3,506 | -39% |
|
|
AA
9
Apriem Advisors
Irvine,
California
| $113K | +$215 | +9 | +0.2% |
|
|
10
Ameriprise
Minneapolis,
Minnesota
| $46K | +$45.2K | +1,895 | New |
|
|
NES
11
New England Securities
New York
| $10K | – | – | – |
|
|
12
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$610K | -26,314 | Closed |
|
|
VKH
13
Virtu KCG Holdings
New York
| – | -$439K | -18,956 | Closed |
|
PWZ Hedge Fund Activity: Q1 2014 in Review
11 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Invesco California AMT-Free Municipal Bond ETF (PWZ) for Q1 2014, worth a combined $5.93M — down 7.4% from $6.41M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of PWZ and 1 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 4 added.
The largest buyer was UBS, adding an estimated $529K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $610K sold.
- 11 institutional investors held Invesco California AMT-Free Municipal Bond ETF (PWZ) as of Q1 2014, down from 12 in Q4 2013.
- Funds reported $5.93M of Invesco California AMT-Free Municipal Bond ETF stock for Q1 2014, down 7.4% quarter-over-quarter.
- 1 fund opened new Invesco California AMT-Free Municipal Bond ETF positions in Q1 2014 and 2 closed out, a net change of -1 holder.
- The largest Invesco California AMT-Free Municipal Bond ETF buyer in Q1 2014 was UBS, an estimated $529K added.
- The largest Invesco California AMT-Free Municipal Bond ETF seller in Q1 2014 was Susquehanna International Group, an estimated $610K sold.
Based on aggregated 13F filings for Q1 2014.