We are live on ! Find out more
PWZ icon

Invesco California AMT-Free Municipal Bond ETF
PWZ

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.

New
Increased
Maintained
Reduced
Closed

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

34% more capital invested

Capital invested by funds: $299M → $399M (+$100M)

10% more funds holding

Funds holding: 73 → 80 (+7)

9.53% more ownership

Funds ownership: 52.93% → 62.46% (+9.5%)

Holders
80
Holders Change
+7
Holders Change %
+9.59%
% of All Funds
1.26%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
17
Increased
29
Reduced
19
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
CSIA
Charles Schwab Investment Advisory
California
+$106M
2
Fidelity Investments
Fidelity Investments
Massachusetts
+$12.4M
3
AF
Allworth Financial
California
+$7.25M
4
Jane Street
Jane Street
New York
+$2.19M
5
Morgan Stanley
Morgan Stanley
New York
+$2.14M

Top Sellers

1
BC
Brio Consultants
California
-$6.12M
2
BRWA
B. Riley Wealth Advisors
Florida
-$2.88M
3
Wells Fargo
Wells Fargo
California
-$1.12M
4
OMC
Old Mission Capital
Illinois
-$955K
5
BCI
Brinker Capital Investments
Pennsylvania
-$831K
Name Holding Trade Value Shares
Change 		Change in
Stake
CSIA
1
Charles Schwab Investment Advisory
California
$265M +$106M +3,932,976 +62%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$15.8M +$12.4M +459,483 +300%
Morgan Stanley
3
Morgan Stanley
New York
$13.4M +$2.14M +79,677 +18%
Bank of America
4
Bank of America
North Carolina
$13.1M +$1.15M +42,952 +9%
Jane Street
5
Jane Street
New York
$8.72M +$2.19M +81,580 +32%
AF
6
Allworth Financial
California
$6.96M +$7.25M +269,573 +173,918%
BC
7
Brio Consultants
California
$6.43M -$6.12M -227,731 -48%
GKWIM
8
Gerber Kawasaki Wealth & Investment Management
California
$6.15M -$184K -6,837 -3%
LPL Financial
9
LPL Financial
California
$4.86M -$589K -21,917 -10%
Ameriprise
10
Ameriprise
Minnesota
$4.57M -$219K -8,154 -4%
MIAN
11
Mariner Independent Advisor Network
Kansas
$4.35M +$1.24M +46,057 +38%
UBS Group
12
UBS Group
Switzerland
$4.23M +$1.36M +50,694 +45%
SW
13
SteelPeak Wealth
California
$3.66M -$41.7K -1,551 -1%
FAT
14
First American Trust
California
$3.54M +$190K +7,074 +5%
Wells Fargo
15
Wells Fargo
California
$3.16M -$1.12M -41,602 -25%
RMC
16
Regis Management Company
California
$2.58M – – –
SWRP
17
Summit Wealth & Retirement Planning
California
$2.16M -$206K -7,653 -8%
Mariner
18
Mariner
Kansas
$1.96M +$437K +16,263 +27%
KeyBank National Association
19
KeyBank National Association
Ohio
$1.8M – – –
MWM
20
McNaughton Wealth Management
California
$1.75M +$26.1K +972 +1%
Osaic Holdings
21
Osaic Holdings
Arizona
$1.1M -$58.6K -2,180 -5%
NA
22
NewEdge Advisors
Louisiana
$1.1M +$455K +16,935 +66%
RPCA
23
Running Point Capital Advisors
California
$1.07M – – –
BCPWM
24
Bradley & Co Private Wealth Management
Florida
$1.03M +$1.08M +40,056 New
WAP
25
Wealthcare Advisory Partners
Pennsylvania
$822K +$856K +31,849 New
1
2 3 4

PWZ Hedge Fund Activity: Q1 2022 in Review

80 of the 6,340 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 34% 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 34% 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.