Invesco BulletShares 2027 Municipal Bond
BSMR • NASDAQ
Invesco BulletShares 2027 Municipal Bond is an exchange-traded fund on NASDAQ. As of Q3 2025, 122 institutional investors hold shares in this ETF, with total holdings valued at $186.0M. MORGAN STANLEY is the largest holder with a position valued at $12.9M.
Overview
Overview of institutional ownership in BSMR as of Q3 2025
All Institutions
- Institutions
- 122
- Value Held
- $186.0M
- Shares Held
- 7.9M
- Avg Position
- $1.5M
- Median Position
- $544.7K
Hedge Funds
- Hedge Funds
- 0
- Value Held
- -
- Shares Held
- -
- Avg Position
- -
- Median Position
- -
Biggest Investors
Institutions with the largest positions in BSMR as of Q3 2025
| Institution | Position Value |
|---|---|
 MORGAN STANLEY RIA/Wealth | $12.9M 0.00% of portfolio |
 WELLS FARGO & COMPANY/MN Institution | $11.6M 0.00% of portfolio |
L LPL Financial LLC Institution | $9.8M 0.00% of portfolio |
 Union Bankshares Corp Institution | $8.0M 0.15% of portfolio |
 Invesco Ltd. ETF Provider | $7.9M 0.00% of portfolio |
 Key FInancial Inc RIA/Wealth | $6.7M 1.25% of portfolio |
 BANK OF AMERICA CORP /DE/ Institution | $6.5M 0.00% of portfolio |
 COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth | $6.5M 0.01% of portfolio |
 CONFLUENCE INVESTMENT MANAGEMENT LLC Long Only Manager | $6.0M 0.09% of portfolio |
 Summit Financial, LLC RIA/Wealth | $5.1M 0.08% of portfolio |
Net Capital Flow
Institutional buying and selling activity for BSMR in Q3 2025
- Traded
- +$14.4M
- Buyers
- 80
- Sellers
- 29
- Total Bought
- +$23.2M
- Total Sold
- −$8.7M
- Avg Position
- $1.4M
Biggest Buyers
| Institution | Net Bought |
|---|---|
Summit Financial, LLC RIA/Wealth | +$5.1M +214.3K shares |
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth | +$2.1M +89.7K shares |
WELLS FARGO & COMPANY/MN Institution | +$1.1M +46.5K shares |
 AMERIPRISE FINANCIAL INC Institution | +$1.1M +45.0K shares |
 SIGNATUREFD, LLC RIA/Wealth | +$1.1M +44.9K shares |
H Hills Bank & Trust Co Institution | +$1.0M +44.2K shares |
Invesco Ltd. ETF Provider | +$953.1K +40.3K shares |
J JONES FINANCIAL COMPANIES LLLP Institution | +$581.9K +24.6K shares |
 Integrated Wealth Concepts LLC RIA/Wealth | +$513.1K +21.7K shares |
Union Bankshares Corp Institution | +$510.6K +21.6K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
E ELEQUIN CAPITAL LP Hedge Fund•Multi-Strategy | −$2.1M −89.0K shares |
 THRIVENT FINANCIAL FOR LUTHERANS Insurance Manager | −$1.1M −45.0K shares |
A ATRIA INVESTMENTS LLC Institution | −$1.0M −43.9K shares |
 Focus Financial Network, Inc. RIA/Wealth | −$660.8K −28.2K shares |
 Garrett Investment Advisors LLC RIA/Wealth | −$406.6K −17.2K shares |
 Duncan Williams Asset Management, LLC RIA/Wealth | −$398.5K −17.0K shares |
 Kathmere Capital Management, LLC RIA/Wealth | −$330.8K −14.0K shares |
CONFLUENCE INVESTMENT MANAGEMENT LLC Long Only Manager | −$314.8K −13.3K shares |
L LPL Financial LLC Institution | −$303.5K −12.8K shares |
 Eqis Capital Management, Inc. RIA/Wealth | −$279.3K −11.9K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited BSMR in Q3 2025
- New Positions
- 8
- New Value
- $6.6M
- Exited Positions
- 9
- Exited Value
- $5.3M
New Positions
| Institution | Position Value |
|---|---|
Summit Financial, LLC RIA/Wealth | $5.1M 214.3K shares |
 Baird Financial Group, Inc. Private Equity | $321.6K 13.6K shares |
 Hartland & Co., LLC RIA/Wealth | $299.1K 12.6K shares |
C Community Bank & Trust, Waco, Texas Institution | $220.4K 9.3K shares |
 NATIONS FINANCIAL GROUP INC, /IA/ /ADV RIA/Wealth | $214.1K 9.0K shares |
 Francis Financial, Inc. RIA/Wealth | $202.6K 8.6K shares |
 O'SHAUGHNESSY ASSET MANAGEMENT, LLC Long Only Manager | $160.7K 6.8K shares |
 Geneos Wealth Management Inc. RIA/Wealth | $73.3K 3.1K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
E ELEQUIN CAPITAL LP Hedge Fund•Multi-Strategy | $2.1M 89.0K shares |
A ATRIA INVESTMENTS LLC Institution | $1.0M 43.9K shares |
Focus Financial Network, Inc. RIA/Wealth | $660.8K 28.2K shares |
Duncan Williams Asset Management, LLC RIA/Wealth | $398.5K 17.0K shares |
Eqis Capital Management, Inc. RIA/Wealth | $279.3K 11.9K shares |
 Tassel Capital Management, Inc. RIA/Wealth | $250.2K 10.7K shares |
 DENVER WEALTH MANAGEMENT, INC. RIA/Wealth | $245.6K 10.5K shares |
F FLOW TRADERS U.S. LLC Institution | $230.5K 9.8K shares |
B BRYN MAWR TRUST CO/PA Institution | $98.6K 4.2K shares |
Options Activity
Institutions with the largest Call and Put options positions in BSMR as of Q3 2025
- Call Positions
- 0
- Call Value
- -
- Put Positions
- 0
- Put Value
- -
Call Positions
| Institution | Position Value |
|---|---|
| No call positions found | |
Put Positions
| Institution | Position Value |
|---|---|
| No put positions found | |
Most Committed Institutions
Institutions with BSMR as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
C CENTRAL VALLEY ADVISORS, LLC Institution | 1.37% $4.4M |
Key FInancial Inc RIA/Wealth | 1.25% $6.7M |
 Farnam Financial LLC RIA/Wealth | 0.87% $1.1M |
P PRECEDENT WEALTH PARTNERS, LLC RIA/Wealth | 0.79% $3.5M |
 Sarver Vrooman Wealth Advisors RIA/Wealth | 0.54% $846.2K |
0.52% $803.4K | |
 WESPAC Advisors, LLC RIA/Wealth | 0.36% $612.1K |
 Astoria Portfolio Advisors LLC. Fund of Funds | 0.32% $1.0M |
 Paulson Wealth Management Inc. RIA/Wealth | 0.32% $1.3M |
 Horizons Wealth Management RIA/Wealth | 0.27% $386.7K |