Invesco New York AMT-Free Municipal Bond ETF
PZT
15 hedge funds and large institutions have $10M invested in Invesco New York AMT-Free Municipal Bond ETF in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
7% more funds holding
Funds holding: 14 → 15 (+1)
2.35% less ownership
Funds ownership: 21.7% → 19.35% (-2.4%)
7% less capital invested
Capital invested by funds: $10.8M → $10M (-$778K)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$277K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$175K |
| 3 |
NFG
Next Financial Group
Houston,
Texas
|
+$9.85K |
| 4 |
AMG
Asset Management Group
Stamford,
Connecticut
|
+$9.43K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$8.77K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$655K |
| 2 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$238K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$226K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$205K |
| 5 |
Jane Street
New York
|
-$66.6K |
PZT Hedge Fund Activity: Q1 2016 in Review
15 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Invesco New York AMT-Free Municipal Bond ETF (PZT) for Q1 2016, worth a combined $10M — down 7.2% from $10.8M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new PZT positions and 1 closed out — a net gain of 1 holder — while 4 added to existing stakes and 7 trimmed.
The largest buyer was Wells Fargo, adding an estimated $277K. The largest seller was Virtu KCG Holdings, cutting an estimated $655K.
- 15 institutional investors held Invesco New York AMT-Free Municipal Bond ETF (PZT) as of Q1 2016, up from 14 in Q4 2015.
- Funds reported $10M of Invesco New York AMT-Free Municipal Bond ETF stock for Q1 2016, down 7.2% quarter-over-quarter.
- 2 funds opened new Invesco New York AMT-Free Municipal Bond ETF positions in Q1 2016 and 1 closed out, a net change of +1 holder.
- The largest Invesco New York AMT-Free Municipal Bond ETF buyer in Q1 2016 was Wells Fargo, an estimated $277K added.
- The largest Invesco New York AMT-Free Municipal Bond ETF seller in Q1 2016 was Virtu KCG Holdings, an estimated $655K sold.
Based on aggregated 13F filings for Q1 2016.