Invesco National AMT-Free Municipal Bond ETF
191 hedge funds and large institutions have $1.32B invested in Invesco National AMT-Free Municipal Bond ETF in 2021 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 89 increasing their positions, 42 reducing their positions, and 16 closing their positions.
112% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 42
38% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 16
2% more funds holding
Funds holding: 187 → 191 (+4)
2% more capital invested
Capital invested by funds: $1.3B → $1.32B (+$25M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.58% less ownership
Funds ownership: 53.92% → 53.33% (-0.58%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$35.6M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$9.49M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$8.76M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$5.3M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$18.3M |
| 2 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
-$14.1M |
| 3 |
Renaissance Technologies
New York
|
-$4.11M |
| 4 |
ACP
Aveo Capital Partners
Englewood,
Colorado
|
-$1.56M |
| 5 |
Barclays
London,
United Kingdom
|
-$1.42M |
PZA Hedge Fund Activity: Q3 2021 in Review
191 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Invesco National AMT-Free Municipal Bond ETF (PZA) for Q3 2021, worth a combined $1.32B — up 1.9% from $1.3B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new PZA positions and 16 closed out — a net gain of 6 holders — while 89 added to existing stakes and 42 trimmed.
The largest buyer was Bank of America, adding an estimated $35.6M. The largest seller was Jane Street, cutting an estimated $18.3M.
- 191 institutional investors held Invesco National AMT-Free Municipal Bond ETF (PZA) as of Q3 2021, up from 187 in Q2 2021.
- Funds reported $1.32B of Invesco National AMT-Free Municipal Bond ETF stock for Q3 2021, up 1.9% quarter-over-quarter.
- 22 funds opened new Invesco National AMT-Free Municipal Bond ETF positions in Q3 2021 and 16 closed out, a net change of +6 holders.
- The largest Invesco National AMT-Free Municipal Bond ETF buyer in Q3 2021 was Bank of America, an estimated $35.6M added.
- The largest Invesco National AMT-Free Municipal Bond ETF seller in Q3 2021 was Jane Street, an estimated $18.3M sold.
Based on aggregated 13F filings for Q3 2021.