We are live on ! Find out more
PZA icon

Invesco National AMT-Free Municipal Bond ETF
PZA

184 hedge funds and large institutions have $1.17B invested in Invesco National AMT-Free Municipal Bond ETF in 2021 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 74 increasing their positions, 53 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 53

39% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 18

4% more funds holding

Funds holding: 177 → 184 (+7)

3% more capital invested

Capital invested by funds: $1.14B → $1.17B (+$36.6M)

0.59% more ownership

Funds ownership: 51.77% → 52.36% (+0.59%)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

Holders
184
Holders Change
+7
Holders Change %
+3.95%
% of All Funds
3.23%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.04%
New
25
Increased
74
Reduced
53
Closed
18
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
+$41.1M
2
RCM
Robinson Capital Management
Michigan
+$8.65M
3
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$3.17M
4
Barclays
Barclays
United Kingdom
+$2.64M
5
CS
Credit Suisse
Switzerland
+$2.56M

Top Sellers

Rank Fund Capital Flow
1
Qube Research & Technologies (QRT)
Qube Research & Technologies (QRT)
United Kingdom
-$17.1M
2
Morgan Stanley
Morgan Stanley
New York
-$2.47M
3
AHC
Anderson Hoagland & Co
Missouri
-$2.14M
4
Wells Fargo
Wells Fargo
California
-$2.06M
5
Renaissance Technologies
Renaissance Technologies
New York
-$1.57M
Name Holding Trade Value Shares
Change 		Change in
Stake
IA
126
IFG Advisory
Georgia
$259K +$262K +9,712 New
MWM
127
Meridian Wealth Management
Kentucky
$256K +$54 +2 +0%
CWC
128
Carolinas Wealth Consulting
North Carolina
$256K +$1.56K +58 +0.6%
MA
129
Mutual Advisors
Nebraska
$245K -$344K -12,749 -58%
AWM
130
Apollon Wealth Management
South Carolina
$245K +$247K +9,154 New
MPWT
131
MassMutual Private Wealth & Trust
Connecticut
$239K +$241K +8,935 New
CSPIA
132
Cary Street Partners Investment Advisory
Virginia
$238K +$239K +8,877 New
CS
133
Comerica Securities
Michigan
$236K -$24.5K -907 -9%
JIP
134
Jaffetilchin Investment Partners
Florida
$227K +$243 +9 +0.1%
BOTW
135
Bank of the West
California
$220K +$222K +8,226 New
SWP
136
Stratos Wealth Partners
Ohio
$218K – – –
M&T Bank
137
M&T Bank
New York
$212K -$286K -10,613 -57%
VA
138
Valmark Advisers
Ohio
$210K -$8.95K -332 -4%
CF
139
Centaurus Financial
California
$201K -$52.7K -1,954 -21%
BS
140
Boenning & Scattergood
Pennsylvania
$201K -$13.5K -500 -6%
CIAS
141
Capital Investment Advisory Services
North Carolina
$176K +$944 +35 +0.5%
AF
142
Advisornet Financial
Minnesota
$168K – – –
IA
143
IFP Advisors
Florida
$158K -$16.3K -606 -9%
HWA
144
HHM Wealth Advisors
Tennessee
$153K – – –
CAL
145
Capital Analysts LLC
Pennsylvania
$120K +$59.2K +2,194 +96%
S
146
SignatureFD
Georgia
$115K +$116K +4,307 New
WAP
147
Wealthcare Advisory Partners
Pennsylvania
$103K +$103K +3,835 New
SL
148
Savior LLC
Massachusetts
$90K – – –
PA
149
Parallel Advisors
California
$78K -$4.42K -164 -5%
BFEC
150
Benjamin F. Edwards & Company
Missouri
$77K +$24.2K +897 +45%
4 5
6
7 8

PZA Hedge Fund Activity: Q1 2021 in Review

184 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Invesco National AMT-Free Municipal Bond ETF (PZA) for Q1 2021, worth a combined $1.17B — up 3.2% from $1.14B a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new PZA positions and 18 closed out — a net gain of 7 holders — while 74 added to existing stakes and 53 trimmed.

The largest buyer was Bank of America, adding an estimated $41.1M. The largest seller was Qube Research & Technologies (QRT), cutting an estimated $17.1M.

  • 184 institutional investors held Invesco National AMT-Free Municipal Bond ETF (PZA) as of Q1 2021, up from 177 in Q4 2020.
  • Funds reported $1.17B of Invesco National AMT-Free Municipal Bond ETF stock for Q1 2021, up 3.2% quarter-over-quarter.
  • 25 funds opened new Invesco National AMT-Free Municipal Bond ETF positions in Q1 2021 and 18 closed out, a net change of +7 holders.
  • The largest Invesco National AMT-Free Municipal Bond ETF buyer in Q1 2021 was Bank of America, an estimated $41.1M added.
  • The largest Invesco National AMT-Free Municipal Bond ETF seller in Q1 2021 was Qube Research & Technologies (QRT), an estimated $17.1M sold.

Based on aggregated 13F filings for Q1 2021.