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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.

New
Increased
Maintained
Reduced
Closed

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: 187191 (+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: 11 (0)

0.58% less ownership

Funds ownership: 53.92%53.33% (-0.58%)

Holders
191
Holders Change
+4
Holders Change %
+2.14%
% of All Funds
3.34%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
22
Increased
89
Reduced
42
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$727M +$35.6M +1,305,518 +5%
UBS Group
2
UBS Group
Switzerland
$110M +$9.49M +347,989 +9%
TNBTD
3
Trustmark National Bank Trust Department
Mississippi
$49M -$14.1M -515,641 -22%
Morgan Stanley
4
Morgan Stanley
New York
$45.8M -$35.8K -1,313 -0.1%
Envestnet Asset Management
5
Envestnet Asset Management
Illinois
$42.8M +$5.3M +194,460 +14%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$26.4M +$4.84M +177,610 +22%
LPL Financial
7
LPL Financial
California
$25.7M +$2.56M +93,805 +11%
Osaic Holdings
8
Osaic Holdings
Arizona
$22.2M +$3.01M +110,441 +15%
PNC Financial Services Group
9
PNC Financial Services Group
Pennsylvania
$20.3M +$2.29M +84,157 +13%
Ameriprise
10
Ameriprise
Minnesota
$18.3M +$1.64M +59,984 +10%
KIM
11
Karpus Investment Management
New York
$14.7M +$8.76M +321,405 +141%
Wells Fargo
12
Wells Fargo
California
$13.6M +$876K +32,109 +7%
Stifel Financial
13
Stifel Financial
Missouri
$12.5M +$335K +12,267 +3%
MAFM
14
Mid Atlantic Financial Management
Pennsylvania
$11M +$231K +8,485 +2%
Rockefeller Capital Management
15
Rockefeller Capital Management
New York
$7.75M +$542K +19,865 +7%
MSFS
16
Main Street Financial Solutions
Pennsylvania
$7.45M +$894K +32,794 +13%
Qube Research & Technologies (QRT)
17
Qube Research & Technologies (QRT)
United Kingdom
$6.04M -$65.9K -2,418 -1%
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$5.74M +$713K +26,153 +14%
AssetMark Inc
19
AssetMark Inc
California
$5.13M +$102K +3,740 +2%
Barclays
20
Barclays
United Kingdom
$4.89M -$1.42M -52,175 -22%
RJA
21
Raymond James & Associates
Florida
$4.77M +$411K +15,082 +9%
PI
22
PFS Investments
Georgia
$4.59M +$99.7K +3,655 +2%
1WM
23
1900 Wealth Management
Texas
$4.51M +$156K +5,731 +4%
PPWP
24
Proquility Private Wealth Partners
Nevada
$4.19M -$1.19M -43,662 -22%
Janney Montgomery Scott
25
Janney Montgomery Scott
Pennsylvania
$3.81M +$292K +10,721 +8%

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.