Invesco California AMT-Free Municipal Bond ETF
80 hedge funds and large institutions have $399M invested in Invesco California AMT-Free Municipal Bond ETF in 2022 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 29 increasing their positions, 19 reducing their positions, and 8 closing their positions.
836% more capital inflows, than outflows
Capital inflows: $143M | Capital outflows: $15.3M
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
53% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 19
10% more funds holding
Funds holding: 73 → 80 (+7)
9.53% more ownership
Funds ownership: 52.93% → 62.46% (+9.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab Investment Advisory
San Francisco,
California
|
+$106M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$12.4M |
| 3 |
Allworth Financial
Folsom,
California
|
+$7.25M |
| 4 |
Jane Street
New York
|
+$2.19M |
| 5 |
Morgan Stanley
New York
|
+$2.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brio Consultants
San Francisco,
California
|
-$6.12M |
| 2 |
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$2.88M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.12M |
| 4 |
Old Mission Capital
Chicago,
Illinois
|
-$955K |
| 5 |
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$831K |
PWZ Hedge Fund Activity: Q1 2022 in Review
80 of the 6,363 institutional investors tracked by Wall St. Rank reported a position in Invesco California AMT-Free Municipal Bond ETF (PWZ) for Q1 2022, worth a combined $399M — up 33% from $299M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PWZ positions and 8 closed out — a net gain of 9 holders — while 29 added to existing stakes and 19 trimmed.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $106M. The largest seller was Brio Consultants, cutting an estimated $6.12M.
- 80 institutional investors held Invesco California AMT-Free Municipal Bond ETF (PWZ) as of Q1 2022, up from 73 in Q4 2021.
- Funds reported $399M of Invesco California AMT-Free Municipal Bond ETF stock for Q1 2022, up 33% quarter-over-quarter.
- 17 funds opened new Invesco California AMT-Free Municipal Bond ETF positions in Q1 2022 and 8 closed out, a net change of +9 holders.
- The largest Invesco California AMT-Free Municipal Bond ETF buyer in Q1 2022 was Charles Schwab Investment Advisory, an estimated $106M added.
- The largest Invesco California AMT-Free Municipal Bond ETF seller in Q1 2022 was Brio Consultants, an estimated $6.12M sold.
Based on aggregated 13F filings for Q1 2022.