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Invesco California AMT-Free Municipal Bond ETF

68 hedge funds and large institutions have $266M invested in Invesco California AMT-Free Municipal Bond ETF in 2021 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 30 increasing their positions, 14 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

114% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 14

1% more capital invested

Capital invested by funds: $264M → $266M (+$2.71M)

0.35% less ownership

Funds ownership: 51.82%51.47% (-0.35%)

9% less funds holding

Funds holding: 7568 (-7)

38% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 13

Holders
68
Holders Change
-7
Holders Change %
-9.33%
% of All Funds
1.19%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
8
Increased
30
Reduced
14
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CSIA
1
Charles Schwab Investment Advisory
California
$157M +$8.4M +298,742 +6%
Morgan Stanley
2
Morgan Stanley
New York
$12.4M +$1.76M +62,507 +16%
Bank of America
3
Bank of America
North Carolina
$12.4M +$402K +14,301 +3%
BC
4
Brio Consultants
California
$12.1M +$1.41M +50,210 +13%
MMA
5
Miracle Mile Advisors
California
$8.12M +$1.8M +63,904 +28%
GKWIM
6
Gerber Kawasaki Wealth & Investment Management
California
$6.99M +$7.09M +251,948 New
Ameriprise
7
Ameriprise
Minnesota
$6.69M -$340K -12,087 -5%
LPL Financial
8
LPL Financial
California
$5.97M +$426K +15,145 +8%
Wells Fargo
9
Wells Fargo
California
$4.35M +$381K +13,559 +9%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$4.19M -$67.3K -2,395 -2%
SW
11
SteelPeak Wealth
California
$3.22M +$84.5K +3,005 +3%
FAT
12
First American Trust
California
$3.12M +$1.88M +66,795 +147%
UBS Group
13
UBS Group
Switzerland
$2.96M -$115K -4,097 -4%
SWRP
14
Summit Wealth & Retirement Planning
California
$2.89M +$38.1K +1,356 +1%
RMC
15
Regis Management Company
California
$2.77M
KeyBank National Association
16
KeyBank National Association
Ohio
$1.91M +$295K +10,481 +18%
BRWA
17
B. Riley Wealth Advisors
Florida
$1.89M +$1.92M +68,119 New
BCI
18
Brinker Capital Investments
Pennsylvania
$1.34M
RPCA
19
Running Point Capital Advisors
California
$1.26M -$19.7K -700 -2%
Osaic Holdings
20
Osaic Holdings
Arizona
$1.08M -$32.6K -1,160 -3%
AA
21
Apriem Advisors
California
$853K +$107K +3,800 +14%
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$781K +$40.5K +1,439 +5%
LNC
23
Lincoln National Corp
Pennsylvania
$672K +$4.08K +145 +0.6%
Cambridge Investment Research Advisors
24
Cambridge Investment Research Advisors
Iowa
$592K -$29K -1,033 -5%
PAG
25
Private Advisor Group
New Jersey
$568K +$288K +10,237 +100%

PWZ Hedge Fund Activity: Q3 2021 in Review

68 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Invesco California AMT-Free Municipal Bond ETF (PWZ) for Q3 2021, worth a combined $266M — up 1% from $264M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of PWZ and 8 opened new positions — a net loss of 5 holders — while 14 trimmed existing stakes and 30 added.

The largest buyer was Charles Schwab Investment Advisory, adding an estimated $8.4M. The largest seller was Jane Street, exiting entirely with an estimated $11M sold.

  • 68 institutional investors held Invesco California AMT-Free Municipal Bond ETF (PWZ) as of Q3 2021, down from 75 in Q2 2021.
  • Funds reported $266M of Invesco California AMT-Free Municipal Bond ETF stock for Q3 2021, up 1% quarter-over-quarter.
  • 8 funds opened new Invesco California AMT-Free Municipal Bond ETF positions in Q3 2021 and 13 closed out, a net change of -5 holders.
  • The largest Invesco California AMT-Free Municipal Bond ETF buyer in Q3 2021 was Charles Schwab Investment Advisory, an estimated $8.4M added.
  • The largest Invesco California AMT-Free Municipal Bond ETF seller in Q3 2021 was Jane Street, an estimated $11M sold.

Based on aggregated 13F filings for Q3 2021.