Invesco National AMT-Free Municipal Bond ETF
211 hedge funds and large institutions have $1.91B invested in Invesco National AMT-Free Municipal Bond ETF in 2024 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 84 increasing their positions, 64 reducing their positions, and 10 closing their positions.
150% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 10
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
31% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 64
6% more funds holding
Funds holding: 199 → 211 (+12)
4% more capital invested
Capital invested by funds: $1.84B → $1.91B (+$68.1M)
0.36% more ownership
Funds ownership: 66.49% → 66.84% (+0.36%)
88% less call options, than puts
Call options by funds: $123K | Put options by funds: $995K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$41M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$8.05M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$4.76M |
| 4 |
Bank of New York Mellon
New York
|
+$4.61M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$4.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
CX Institutional
Auburn,
Indiana
|
-$6.32M |
| 2 |
Jane Street
New York
|
-$4.28M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$4.04M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$3.7M |
| 5 |
1WM
1900 Wealth Management
San Antonio,
Texas
|
-$2.39M |
PZA Hedge Fund Activity: Q2 2024 in Review
211 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Invesco National AMT-Free Municipal Bond ETF (PZA) for Q2 2024, worth a combined $1.91B — up 3.7% from $1.84B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new PZA positions and 10 closed out — a net gain of 15 holders — while 84 added to existing stakes and 64 trimmed.
The largest buyer was Bank of America, adding an estimated $41M. The largest seller was CX Institutional, cutting an estimated $6.32M.
- 211 institutional investors held Invesco National AMT-Free Municipal Bond ETF (PZA) as of Q2 2024, up from 199 in Q1 2024.
- Funds reported $1.91B of Invesco National AMT-Free Municipal Bond ETF stock for Q2 2024, up 3.7% quarter-over-quarter.
- 25 funds opened new Invesco National AMT-Free Municipal Bond ETF positions in Q2 2024 and 10 closed out, a net change of +15 holders.
- The largest Invesco National AMT-Free Municipal Bond ETF buyer in Q2 2024 was Bank of America, an estimated $41M added.
- The largest Invesco National AMT-Free Municipal Bond ETF seller in Q2 2024 was CX Institutional, an estimated $6.32M sold.
Based on aggregated 13F filings for Q2 2024.