Invesco New York AMT-Free Municipal Bond ETF
PZT
13 hedge funds and large institutions have $8.75M invested in Invesco New York AMT-Free Municipal Bond ETF in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
8% more funds holding
Funds holding: 12 → 13 (+1)
0.21% less ownership
Funds ownership: 20.57% → 20.36% (-0.21%)
11% less capital invested
Capital invested by funds: $9.83M → $8.75M (-$1.08M)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.5M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$323K |
| 3 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$183K |
| 4 |
AMG
Asset Management Group
Stamford,
Connecticut
|
+$3.7K |
| 5 |
Citigroup
New York
|
+$1.51K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.04M |
| 2 |
VAS
Valicenti Advisory Services
Elmira,
New York
|
-$233K |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$141K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$101K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$69.8K |
PZT Hedge Fund Activity: Q4 2013 in Review
13 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Invesco New York AMT-Free Municipal Bond ETF (PZT) for Q4 2013, worth a combined $8.75M — down 11% from $9.83M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new PZT positions and 2 closed out — a net gain of 1 holder — while 3 added to existing stakes and 6 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $1.5M. The largest seller was Morgan Stanley, cutting an estimated $3.04M.
- 13 institutional investors held Invesco New York AMT-Free Municipal Bond ETF (PZT) as of Q4 2013, up from 12 in Q3 2013.
- Funds reported $8.75M of Invesco New York AMT-Free Municipal Bond ETF stock for Q4 2013, down 11% quarter-over-quarter.
- 3 funds opened new Invesco New York AMT-Free Municipal Bond ETF positions in Q4 2013 and 2 closed out, a net change of +1 holder.
- The largest Invesco New York AMT-Free Municipal Bond ETF buyer in Q4 2013 was Jane Street, an estimated $1.5M added.
- The largest Invesco New York AMT-Free Municipal Bond ETF seller in Q4 2013 was Morgan Stanley, an estimated $3.04M sold.
Based on aggregated 13F filings for Q4 2013.