Invesco National AMT-Free Municipal Bond ETF
229 hedge funds and large institutions have $2.19B invested in Invesco National AMT-Free Municipal Bond ETF in 2024 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 84 increasing their positions, 75 reducing their positions, and 24 closing their positions.
383% more call options, than puts
Call options by funds: $227K | Put options by funds: $47K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
71% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 24
12% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 75
10% more capital invested
Capital invested by funds: $1.99B → $2.19B (+$200M)
6% more funds holding
Funds holding: 217 → 229 (+12)
2.91% more ownership
Funds ownership: 68% → 70.9% (+2.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$158M |
| 2 |
AAS
Annex Advisory Services
Brookfield,
Wisconsin
|
+$17M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$12.6M |
| 4 |
LPL Financial
San Diego,
California
|
+$11.2M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$11M |
| 2 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
-$5.93M |
| 3 |
BIP
Blueprint Investment Partners
Greensboro,
North Carolina
|
-$5.5M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.83M |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
-$2.96M |
PZA Hedge Fund Activity: Q4 2024 in Review
229 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Invesco National AMT-Free Municipal Bond ETF (PZA) for Q4 2024, worth a combined $2.19B — up 10% from $1.99B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new PZA positions and 24 closed out — a net gain of 17 holders — while 84 added to existing stakes and 75 trimmed.
The largest buyer was Bank of America, adding an estimated $158M. The largest seller was Renaissance Technologies, cutting an estimated $11M.
- 229 institutional investors held Invesco National AMT-Free Municipal Bond ETF (PZA) as of Q4 2024, up from 217 in Q3 2024.
- Funds reported $2.19B of Invesco National AMT-Free Municipal Bond ETF stock for Q4 2024, up 10% quarter-over-quarter.
- 41 funds opened new Invesco National AMT-Free Municipal Bond ETF positions in Q4 2024 and 24 closed out, a net change of +17 holders.
- The largest Invesco National AMT-Free Municipal Bond ETF buyer in Q4 2024 was Bank of America, an estimated $158M added.
- The largest Invesco National AMT-Free Municipal Bond ETF seller in Q4 2024 was Renaissance Technologies, an estimated $11M sold.
Based on aggregated 13F filings for Q4 2024.