Invesco New York AMT-Free Municipal Bond ETF
PZT
18 hedge funds and large institutions have $10.2M invested in Invesco New York AMT-Free Municipal Bond ETF in 2018 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 1 reducing their positions, and 4 closing their positions.
700% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 1
3.56% less ownership
Funds ownership: 19.85% → 16.29% (-3.6%)
10% less funds holding
Funds holding: 20 → 18 (-2)
24% less capital invested
Capital invested by funds: $13.3M → $10.2M (-$3.13M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$853K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$416K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$211K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$108K |
| 5 |
Morgan Stanley
New York
|
+$55.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.76M |
| 2 |
Jane Street
New York
|
-$1.41M |
| 3 |
VF
Virtu Financial
New York
|
-$227K |
| 4 |
LPL Financial
San Diego,
California
|
-$206K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$101K |
PZT Hedge Fund Activity: Q3 2018 in Review
18 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Invesco New York AMT-Free Municipal Bond ETF (PZT) for Q3 2018, worth a combined $10.2M — down 24% from $13.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PZT and 2 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 8 added.
The largest buyer was Royal Bank of Canada, adding an estimated $853K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $2.76M sold.
- 18 institutional investors held Invesco New York AMT-Free Municipal Bond ETF (PZT) as of Q3 2018, down from 20 in Q2 2018.
- Funds reported $10.2M of Invesco New York AMT-Free Municipal Bond ETF stock for Q3 2018, down 24% quarter-over-quarter.
- 2 funds opened new Invesco New York AMT-Free Municipal Bond ETF positions in Q3 2018 and 4 closed out, a net change of -2 holders.
- The largest Invesco New York AMT-Free Municipal Bond ETF buyer in Q3 2018 was Royal Bank of Canada, an estimated $853K added.
- The largest Invesco New York AMT-Free Municipal Bond ETF seller in Q3 2018 was Susquehanna International Group, an estimated $2.76M sold.
Based on aggregated 13F filings for Q3 2018.