Invesco National AMT-Free Municipal Bond ETF
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.
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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$41.1M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$8.65M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.17M |
| 4 |
Barclays
London,
United Kingdom
|
+$2.64M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$17.1M |
| 2 |
Morgan Stanley
New York
|
-$2.47M |
| 3 |
AHC
Anderson Hoagland & Co
St Louis,
Missouri
|
-$2.14M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$2.06M |
| 5 |
Renaissance Technologies
New York
|
-$1.57M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$35K | -1,288 | Closed |
|
|
PFBT
202
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$25K | -940 | Closed |
|
|
PS
203
Planned Solutions
Folsom,
California
| – | -$5K | -188 | Closed |
|
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.