Invesco National AMT-Free Municipal Bond ETF
PZA
134 hedge funds and large institutions have $993M invested in Invesco National AMT-Free Municipal Bond ETF in 2018 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 45 increasing their positions, 45 reducing their positions, and 13 closing their positions.
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
3.08% more ownership
Funds ownership: 57.87% → 60.95% (+3.1%)
2% more funds holding
Funds holding: 132 → 134 (+2)
5% more capital invested
Capital invested by funds: $949M → $993M (+$44.2M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
+$56.9M |
| 2 |
Jane Street
New York
|
+$17.6M |
| 3 |
Bank of New York Mellon
New York
|
+$8.97M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$8.43M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWG
Private Wealth Group
Tampa,
Florida
|
-$10.5M |
| 2 |
LPL Financial
San Diego,
California
|
-$10.5M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.61M |
| 4 |
VF
Virtu Financial
New York
|
-$3.63M |
| 5 |
MPWT
MassMutual Private Wealth & Trust
Windsor,
Connecticut
|
-$1.85M |
PZA Hedge Fund Activity: Q3 2018 in Review
134 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Invesco National AMT-Free Municipal Bond ETF (PZA) for Q3 2018, worth a combined $993M — up 4.7% from $949M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new PZA positions and 13 closed out — a net gain of 2 holders — while 45 added to existing stakes and 45 trimmed.
The largest buyer was Trustmark National Bank Trust Department, opening a new position worth an estimated $56.9M. The largest seller was Private Wealth Group, exiting entirely with an estimated $10.5M sold.
- 134 institutional investors held Invesco National AMT-Free Municipal Bond ETF (PZA) as of Q3 2018, up from 132 in Q2 2018.
- Funds reported $993M of Invesco National AMT-Free Municipal Bond ETF stock for Q3 2018, up 4.7% quarter-over-quarter.
- 15 funds opened new Invesco National AMT-Free Municipal Bond ETF positions in Q3 2018 and 13 closed out, a net change of +2 holders.
- The largest Invesco National AMT-Free Municipal Bond ETF buyer in Q3 2018 was Trustmark National Bank Trust Department, an estimated $56.9M added.
- The largest Invesco National AMT-Free Municipal Bond ETF seller in Q3 2018 was Private Wealth Group, an estimated $10.5M sold.
Based on aggregated 13F filings for Q3 2018.