Invesco National AMT-Free Municipal Bond ETF
149 hedge funds and large institutions have $1.19B invested in Invesco National AMT-Free Municipal Bond ETF in 2019 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 66 increasing their positions, 29 reducing their positions, and 12 closing their positions.
128% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 29
83% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 12
7% more funds holding
Funds holding: 139 → 149 (+10)
6% more capital invested
Capital invested by funds: $1.12B → $1.19B (+$72.2M)
0.1% more ownership
Funds ownership: 58.89% → 58.99% (+0.1%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$21.2M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$14.5M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.37M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$4.17M |
| 5 |
Rockefeller Capital Management
New York
|
+$2.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
-$4.48M |
| 2 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
-$1.81M |
| 3 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$1.76M |
| 4 |
Jane Street
New York
|
-$1.45M |
| 5 |
Goldman Sachs
New York
|
-$899K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWA
151
Alaska Wealth Advisors
Anchorage,
Alaska
| – | -$362K | -14,125 | Closed |
|
|
CTB
152
Country Trust Bank
Bloomington,
Illinois
| – | -$286K | -10,963 | Closed |
|
|
LNC
153
Lincoln National Corp
Radnor,
Pennsylvania
| – | -$266K | -10,184 | Closed |
|
|
CCA
154
Clearwater Capital Advisors
Hoffman Estates,
Illinois
| – | -$234K | -8,960 | Closed |
|
|
AI
155
Atria Investments
Charlotte,
North Carolina
| – | -$239K | -8,928 | Closed |
|
|
IWC
156
Integrated Wealth Concepts
Waltham,
Massachusetts
| – | -$209K | -7,997 | Closed |
|
|
SIM
157
Sonora Investment Management
Tucson,
Arizona
| – | -$37K | -1,428 | Closed |
|
|
AC
158
Avestar Capital
New York
| – | -$7K | -292 | Closed |
|
|
DWM
159
Doyle Wealth Management
St. Petersburg,
Florida
| – | -$6K | -229 | Closed |
|
160
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$1K | -20 | Closed |
|
PZA Hedge Fund Activity: Q3 2019 in Review
149 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Invesco National AMT-Free Municipal Bond ETF (PZA) for Q3 2019, worth a combined $1.19B — up 6.4% from $1.12B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new PZA positions and 12 closed out — a net gain of 10 holders — while 66 added to existing stakes and 29 trimmed.
The largest buyer was Bank of America, adding an estimated $21.2M. The largest seller was Mackay Shields LLC, cutting an estimated $4.48M.
- 149 institutional investors held Invesco National AMT-Free Municipal Bond ETF (PZA) as of Q3 2019, up from 139 in Q2 2019.
- Funds reported $1.19B of Invesco National AMT-Free Municipal Bond ETF stock for Q3 2019, up 6.4% quarter-over-quarter.
- 22 funds opened new Invesco National AMT-Free Municipal Bond ETF positions in Q3 2019 and 12 closed out, a net change of +10 holders.
- The largest Invesco National AMT-Free Municipal Bond ETF buyer in Q3 2019 was Bank of America, an estimated $21.2M added.
- The largest Invesco National AMT-Free Municipal Bond ETF seller in Q3 2019 was Mackay Shields LLC, an estimated $4.48M sold.
Based on aggregated 13F filings for Q3 2019.