Invesco California AMT-Free Municipal Bond ETF
PWZ
70 hedge funds and large institutions have $246M invested in Invesco California AMT-Free Municipal Bond ETF in 2020 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 23 increasing their positions, 14 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
64% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 14
9% more funds holding
Funds holding: 64 → 70 (+6)
0% less capital invested
Capital invested by funds: $247M → $246M (-$1.05M)
1.81% less ownership
Funds ownership: 54.9% → 53.09% (-1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GKWIM
Gerber Kawasaki Wealth & Investment Management
Santa Monica,
California
|
+$5M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.82M |
| 3 |
Morgan Stanley
New York
|
+$1.85M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.67M |
| 5 |
BC
Brio Consultants
San Francisco,
California
|
+$781K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$7.73M |
| 2 |
Jane Street
New York
|
-$4.03M |
| 3 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$2.95M |
| 4 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
-$1.08M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$889K |
PWZ Hedge Fund Activity: Q4 2020 in Review
70 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Invesco California AMT-Free Municipal Bond ETF (PWZ) for Q4 2020, worth a combined $246M — down 0.42% from $247M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PWZ positions and 4 closed out — a net gain of 7 holders — while 23 added to existing stakes and 14 trimmed.
The largest buyer was Gerber Kawasaki Wealth & Investment Management, opening a new position worth an estimated $5M. The largest seller was Citadel Advisors, exiting entirely with an estimated $7.73M sold.
- 70 institutional investors held Invesco California AMT-Free Municipal Bond ETF (PWZ) as of Q4 2020, up from 64 in Q3 2020.
- Funds reported $246M of Invesco California AMT-Free Municipal Bond ETF stock for Q4 2020, down 0.42% quarter-over-quarter.
- 11 funds opened new Invesco California AMT-Free Municipal Bond ETF positions in Q4 2020 and 4 closed out, a net change of +7 holders.
- The largest Invesco California AMT-Free Municipal Bond ETF buyer in Q4 2020 was Gerber Kawasaki Wealth & Investment Management, an estimated $5M added.
- The largest Invesco California AMT-Free Municipal Bond ETF seller in Q4 2020 was Citadel Advisors, an estimated $7.73M sold.
Based on aggregated 13F filings for Q4 2020.