Invesco California AMT-Free Municipal Bond ETF
12 hedge funds and large institutions have $42.8M invested in Invesco California AMT-Free Municipal Bond ETF in 2015 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 3 closing their positions.
13% more capital invested
Capital invested by funds: $37.7M → $42.8M (+$5.05M)
2% more ownership
Funds ownership: 37.63% → 39.63% (+2%)
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
8% less funds holding
Funds holding: 13 → 12 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$7.74M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$504K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$338K |
| 4 |
Jane Street
New York
|
+$264K |
| 5 |
AIG
American International Group
New York
|
+$76.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
-$2.53M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$842K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$624K |
| 4 |
PAS
Partnervest Advisory Services
Santa Barbara,
California
|
-$228K |
| 5 |
LPL Financial
San Diego,
California
|
-$97.2K |
PWZ Hedge Fund Activity: Q3 2015 in Review
12 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Invesco California AMT-Free Municipal Bond ETF (PWZ) for Q3 2015, worth a combined $42.8M — up 13% from $37.7M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PWZ and 2 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 5 added.
The largest buyer was Wells Fargo, adding an estimated $7.74M. The largest seller was Avalon Capital Management, exiting entirely with an estimated $2.53M sold.
- 12 institutional investors held Invesco California AMT-Free Municipal Bond ETF (PWZ) as of Q3 2015, down from 13 in Q2 2015.
- Funds reported $42.8M of Invesco California AMT-Free Municipal Bond ETF stock for Q3 2015, up 13% quarter-over-quarter.
- 2 funds opened new Invesco California AMT-Free Municipal Bond ETF positions in Q3 2015 and 3 closed out, a net change of -1 holder.
- The largest Invesco California AMT-Free Municipal Bond ETF buyer in Q3 2015 was Wells Fargo, an estimated $7.74M added.
- The largest Invesco California AMT-Free Municipal Bond ETF seller in Q3 2015 was Avalon Capital Management, an estimated $2.53M sold.
Based on aggregated 13F filings for Q3 2015.