Invesco New York AMT-Free Municipal Bond ETF
PZT
11 hedge funds and large institutions have $9.82M invested in Invesco New York AMT-Free Municipal Bond ETF in 2014 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 2 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
4% less capital invested
Capital invested by funds: $10.2M → $9.82M (-$371K)
1.62% less ownership
Funds ownership: 22.59% → 20.97% (-1.6%)
15% less funds holding
Funds holding: 13 → 11 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFG
Bouchey Financial Group
Troy,
New York
|
+$674K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$239K |
| 3 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$30.5K |
| 4 |
AA
Alesco Advisors
Pittsford,
New York
|
+$18.9K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$8.32K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$979K |
| 2 |
Jane Street
New York
|
-$446K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$154K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$68.5K |
| 5 |
Morgan Stanley
New York
|
-$60.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TIM
1
Tortoise Investment Management
White Plains,
New York
| $2.41M | +$30.5K | +1,295 | +1% |
|
|
BFG
2
Bouchey Financial Group
Troy,
New York
| $1.41M | +$674K | +28,580 | +95% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.32M | +$239K | +10,144 | +23% |
|
|
4
Morgan Stanley
New York
| $1.1M | -$60.7K | -2,576 | -5% |
|
|
5
Bank of America
Charlotte,
North Carolina
| $1.09M | +$8.32K | +353 | +0.8% |
|
|
U
6
UBS
Zurich,
Switzerland
| $959K | -$68.5K | -2,903 | -7% |
|
|
7
Royal Bank of Canada
Toronto,
Ontario, Canada
| $688K | -$979K | -41,518 | -59% |
|
|
AMG
8
Asset Management Group
Stamford,
Connecticut
| $407K | +$3.96K | +168 | +1% |
|
|
AA
9
Alesco Advisors
Pittsford,
New York
| $265K | +$18.9K | +800 | +8% |
|
|
10
Wells Fargo
San Francisco,
California
| $140K | -$154K | -6,537 | -53% |
|
11
Citigroup
New York
| $32K | – | – | – |
|
|
12
Jane Street
New York
| – | -$446K | -19,266 | Closed |
|
|
AIG
13
American International Group
New York
| – | -$3.47K | -150 | Closed |
|
PZT Hedge Fund Activity: Q2 2014 in Review
11 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Invesco New York AMT-Free Municipal Bond ETF (PZT) for Q2 2014, worth a combined $9.82M — down 3.6% from $10.2M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of PZT and 0 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 6 added.
The largest buyer was Bouchey Financial Group, adding an estimated $674K. The largest seller was Royal Bank of Canada, cutting an estimated $979K.
- 11 institutional investors held Invesco New York AMT-Free Municipal Bond ETF (PZT) as of Q2 2014, down from 13 in Q1 2014.
- Funds reported $9.82M of Invesco New York AMT-Free Municipal Bond ETF stock for Q2 2014, down 3.6% quarter-over-quarter.
- 0 funds opened new Invesco New York AMT-Free Municipal Bond ETF positions in Q2 2014 and 2 closed out, a net change of -2 holders.
- The largest Invesco New York AMT-Free Municipal Bond ETF buyer in Q2 2014 was Bouchey Financial Group, an estimated $674K added.
- The largest Invesco New York AMT-Free Municipal Bond ETF seller in Q2 2014 was Royal Bank of Canada, an estimated $979K sold.
Based on aggregated 13F filings for Q2 2014.