Invesco California AMT-Free Municipal Bond ETF
12 hedge funds and large institutions have $33.3M invested in Invesco California AMT-Free Municipal Bond ETF in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, reducing their positions, and 0 closing their positions.
74% more capital invested
Capital invested by funds: $19.2M → $33.3M (+$14.1M)
9% more funds holding
Funds holding: 11 → 12 (+1)
8.39% more ownership
Funds ownership: 25.27% → 33.66% (+8.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$10.7M |
| 2 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
+$1.18M |
| 3 |
Morgan Stanley
New York
|
+$515K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$386K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$338K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Wells Fargo
San Francisco,
California
| $16.2M | +$10.7M | +414,807 | +194% |
|
|
2
Morgan Stanley
New York
| $7.95M | +$515K | +19,907 | +7% |
|
3
UBS Group
Zurich,
Switzerland
| $2.75M | +$270K | +10,436 | +11% |
|
|
4
Bank of America
Charlotte,
North Carolina
| $2.41M | +$386K | +14,936 | +19% |
|
|
ACM
5
Avalon Capital Management
Port Of Redwood City,
California
| $1.17M | +$1.18M | +45,564 | New |
|
6
LPL Financial
San Diego,
California
| $736K | +$249K | +9,637 | +51% |
|
7
Citigroup
New York
| $699K | +$146K | +5,648 | +26% |
|
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| $536K | +$338K | +13,068 | +168% |
|
|
AA
9
Apriem Advisors
Irvine,
California
| $325K | +$134K | +5,195 | +70% |
|
10
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $292K | +$293K | +11,343 | New |
|
|
CCM
11
Coe Capital Management
Highland Park,
Illinois
| $201K | – | – | – |
|
|
AIG
12
American International Group
New York
| $89.3K | +$11.6K | +450 | +15% |
|
PWZ Hedge Fund Activity: Q1 2015 in Review
12 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Invesco California AMT-Free Municipal Bond ETF (PWZ) for Q1 2015, worth a combined $33.3M — up 74% from $19.2M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new PWZ positions and 0 closed out — a net gain of 2 holders — while 9 added to existing stakes and 0 trimmed.
The largest buyer was Wells Fargo, adding an estimated $10.7M.
- 12 institutional investors held Invesco California AMT-Free Municipal Bond ETF (PWZ) as of Q1 2015, up from 11 in Q4 2014.
- Funds reported $33.3M of Invesco California AMT-Free Municipal Bond ETF stock for Q1 2015, up 74% quarter-over-quarter.
- 2 funds opened new Invesco California AMT-Free Municipal Bond ETF positions in Q1 2015 and 0 closed out, a net change of +2 holders.
- The largest Invesco California AMT-Free Municipal Bond ETF buyer in Q1 2015 was Wells Fargo, an estimated $10.7M added.
Based on aggregated 13F filings for Q1 2015.