Invesco National AMT-Free Municipal Bond ETF
217 hedge funds and large institutions have $1.99B invested in Invesco National AMT-Free Municipal Bond ETF in 2024 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 83 increasing their positions, 74 reducing their positions, and 18 closing their positions.
39% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 18
12% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 74
3% more funds holding
Funds holding: 211 → 217 (+6)
1.15% more ownership
Funds ownership: 66.84% → 68% (+1.2%)
4% more capital invested
Capital invested by funds: $1.91B → $1.99B (+$79.6M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
87% less call options, than puts
Call options by funds: $114K | Put options by funds: $845K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$38.9M |
| 2 |
Renaissance Technologies
New York
|
+$6.45M |
| 3 |
BIP
Blueprint Investment Partners
Greensboro,
North Carolina
|
+$5.45M |
| 4 |
Bank of New York Mellon
New York
|
+$3.87M |
| 5 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
+$3.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
-$22.8M |
| 2 |
Jane Street
New York
|
-$6.88M |
| 3 |
Morgan Stanley
New York
|
-$5.54M |
| 4 |
EC
Elequin Capital
New York
|
-$1.46M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.41M |
PZA Hedge Fund Activity: Q3 2024 in Review
217 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Invesco National AMT-Free Municipal Bond ETF (PZA) for Q3 2024, worth a combined $1.99B — up 4.2% from $1.91B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new PZA positions and 18 closed out — a net gain of 7 holders — while 83 added to existing stakes and 74 trimmed.
The largest buyer was Bank of America, adding an estimated $38.9M. The largest seller was Trustmark National Bank Trust Department, cutting an estimated $22.8M.
- 217 institutional investors held Invesco National AMT-Free Municipal Bond ETF (PZA) as of Q3 2024, up from 211 in Q2 2024.
- Funds reported $1.99B of Invesco National AMT-Free Municipal Bond ETF stock for Q3 2024, up 4.2% quarter-over-quarter.
- 25 funds opened new Invesco National AMT-Free Municipal Bond ETF positions in Q3 2024 and 18 closed out, a net change of +7 holders.
- The largest Invesco National AMT-Free Municipal Bond ETF buyer in Q3 2024 was Bank of America, an estimated $38.9M added.
- The largest Invesco National AMT-Free Municipal Bond ETF seller in Q3 2024 was Trustmark National Bank Trust Department, an estimated $22.8M sold.
Based on aggregated 13F filings for Q3 2024.