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Invesco California AMT-Free Municipal Bond ETF

64 hedge funds and large institutions have $247M invested in Invesco California AMT-Free Municipal Bond ETF in 2020 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 26 increasing their positions, 9 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

189% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 9

57% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 7

7% more funds holding

Funds holding: 6064 (+4)

1% less capital invested

Capital invested by funds: $249M → $247M (-$1.59M)

3.03% less ownership

Funds ownership: 57.93%54.9% (-3%)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $222K

Holders
64
Holders Change
+4
Holders Change %
+6.67%
% of All Funds
1.29%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
26
Reduced
9
Closed
7
Calls
Puts
$222K
Net Calls
-$222K
Net Calls Change
-$222K
Name Holding Trade Value Shares
Change
Change in
Stake
CSIA
1
Charles Schwab Investment Advisory
California
$148M -$8.41M -303,994 -5%
Jane Street
2
Jane Street
New York
$12.7M -$1.51M -54,598 -11%
Bank of America
3
Bank of America
North Carolina
$8.73M +$205K +7,409 +2%
Morgan Stanley
4
Morgan Stanley
New York
$8.34M +$349K +12,595 +4%
Citadel Advisors
5
Citadel Advisors
Florida
$7.73M -$5.98M -216,140 -44%
BC
6
Brio Consultants
California
$6.5M +$1.22M +44,103 +23%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$4.57M +$451K +16,306 +11%
Ameriprise
8
Ameriprise
Minnesota
$4.05M +$88.4K +3,196 +2%
LPL Financial
9
LPL Financial
California
$3.98M +$1.96M +70,748 +96%
MIAN
10
Mariner Independent Advisor Network
Kansas
$3.57M +$133K +4,802 +4%
UBS Group
11
UBS Group
Switzerland
$3.31M -$47.3K -1,708 -1%
Wells Fargo
12
Wells Fargo
California
$3.12M +$67.8K +2,449 +2%
SW
13
SteelPeak Wealth
California
$3.05M +$638K +23,063 +26%
MMA
14
Miracle Mile Advisors
California
$2.93M +$2.32M +83,857 +374%
RMC
15
Regis Management Company
California
$2.75M
SWRP
16
Summit Wealth & Retirement Planning
California
$2.66M +$619K +22,352 +30%
CAN
17
Cetera Advisor Networks
California
$1.47M +$7.28K +263 +0.5%
KeyBank National Association
18
KeyBank National Association
Ohio
$1.41M +$468K +16,906 +50%
MWM
19
McNaughton Wealth Management
California
$1.23M +$18.4K +664 +2%
Osaic Holdings
20
Osaic Holdings
Arizona
$1.19M +$623K +22,529 +110%
FTUS
21
Flow Traders U.S.
New York
$1.15M +$1.16M +41,787 New
JWCA
22
J.W. Cole Advisors
Florida
$1.08M +$1.08M +38,996 New
BCI
23
Brinker Capital Investments
Pennsylvania
$986K
BRWM
24
B. Riley Wealth Management
Tennessee
$885K +$1.62M +58,508 New
Cambridge Investment Research Advisors
25
Cambridge Investment Research Advisors
Iowa
$778K +$63.4K +2,290 +9%

PWZ Hedge Fund Activity: Q3 2020 in Review

64 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Invesco California AMT-Free Municipal Bond ETF (PWZ) for Q3 2020, worth a combined $247M — down 0.64% from $249M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new PWZ positions and 7 closed out — a net gain of 4 holders — while 26 added to existing stakes and 9 trimmed.

The largest buyer was Miracle Mile Advisors, adding an estimated $2.32M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $8.41M.

  • 64 institutional investors held Invesco California AMT-Free Municipal Bond ETF (PWZ) as of Q3 2020, up from 60 in Q2 2020.
  • Funds reported $247M of Invesco California AMT-Free Municipal Bond ETF stock for Q3 2020, down 0.64% quarter-over-quarter.
  • 11 funds opened new Invesco California AMT-Free Municipal Bond ETF positions in Q3 2020 and 7 closed out, a net change of +4 holders.
  • The largest Invesco California AMT-Free Municipal Bond ETF buyer in Q3 2020 was Miracle Mile Advisors, an estimated $2.32M added.
  • The largest Invesco California AMT-Free Municipal Bond ETF seller in Q3 2020 was Charles Schwab Investment Advisory, an estimated $8.41M sold.

Based on aggregated 13F filings for Q3 2020.