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Invesco National AMT-Free Municipal Bond ETF

83 hedge funds and large institutions have $419M invested in Invesco National AMT-Free Municipal Bond ETF in 2015 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 32 increasing their positions, 23 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

368% more call options, than puts

Call options by funds: $1.39M | Put options by funds: $296K

100% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 6

39% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 23

5% more funds holding

Funds holding: 7983 (+4)

5% more capital invested

Capital invested by funds: $400M → $419M (+$18.8M)

0.37% less ownership

Funds ownership: 42.6%42.23% (-0.37%)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
83
Holders Change
+4
Holders Change %
+5.06%
% of All Funds
2.21%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
12
Increased
32
Reduced
23
Closed
6
Calls
$1.39M
Puts
$296K
Net Calls
+$1.09M
Net Calls Change
+$996K
Name Holding Trade Value Shares
Change
Change in
Stake
LS
51
Lattice Strategies
Pennsylvania
$276K -$25.6K -1,000 -8%
BFG
52
Bouchey Financial Group
New York
$263K
BA
53
Boston Advisors
Massachusetts
$261K
Citigroup
54
Citigroup
New York
$245K +$28.9K +1,129 +13%
SWP
55
Stratos Wealth Partners
Ohio
$242K -$2.99K -117 -1%
CS
56
Credit Suisse
Switzerland
$234K -$100K -3,926 -30%
CNB
57
City National Bank
California
$234K +$234K +9,171 New
CA
58
Cetera Advisors
Colorado
$227K
CPO
59
Cerity Partners OCIO
New York
$226K -$19.3M -755,098 -99%
NG
60
NatWest Group
United Kingdom
$212K
CTB
61
Country Trust Bank
Illinois
$200K -$22.2K -868 -10%
PNC Financial Services Group
62
PNC Financial Services Group
Pennsylvania
$145K +$145K +5,684 New
ClearBridge Investments
63
ClearBridge Investments
New York
$98K +$664 +26 +0.7%
US Bancorp
64
US Bancorp
Minnesota
$95K +$20.9K +819 +28%
CAPTRUST Financial Advisors
65
CAPTRUST Financial Advisors
North Carolina
$92.2K -$51.8K -2,028 -36%
ASN
66
Advisory Services Network
Georgia
$56K
Creative Planning
67
Creative Planning
Kansas
$38K -$7.16K -280 -16%
TC
68
Trust Company
Kansas
$35K +$35.4K +1,385 New
RCG
69
Ruggie Capital Group
Florida
$34K +$34.3K +1,344 New
Fifth Third Bancorp
70
Fifth Third Bancorp
Ohio
$20K
FAM
71
Formidable Asset Management
Ohio
$19K
CWM
72
Concert Wealth Management
California
$19K +$1.07K +42 +0.3%
PAI
73
Pittenger & Anderson Inc
Nebraska
$17K +$16.7K +655 New
Northwestern Mutual Wealth Management
74
Northwestern Mutual Wealth Management
Wisconsin
$13K +$12.8K +500 New
AIP
75
Ameritas Investment Partners
Nebraska
$11K

PZA Hedge Fund Activity: Q1 2015 in Review

83 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Invesco National AMT-Free Municipal Bond ETF (PZA) for Q1 2015, worth a combined $419M — up 4.7% from $400M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new PZA positions and 6 closed out — a net gain of 6 holders — while 32 added to existing stakes and 23 trimmed.

The largest buyer was Managed Account Advisors, adding an estimated $23.7M. The largest seller was Cerity Partners OCIO, cutting an estimated $19.3M.

  • 83 institutional investors held Invesco National AMT-Free Municipal Bond ETF (PZA) as of Q1 2015, up from 79 in Q4 2014.
  • Funds reported $419M of Invesco National AMT-Free Municipal Bond ETF stock for Q1 2015, up 4.7% quarter-over-quarter.
  • 12 funds opened new Invesco National AMT-Free Municipal Bond ETF positions in Q1 2015 and 6 closed out, a net change of +6 holders.
  • The largest Invesco National AMT-Free Municipal Bond ETF buyer in Q1 2015 was Managed Account Advisors, an estimated $23.7M added.
  • The largest Invesco National AMT-Free Municipal Bond ETF seller in Q1 2015 was Cerity Partners OCIO, an estimated $19.3M sold.

Based on aggregated 13F filings for Q1 2015.