Horiko Capital Management’s iShares Short-Term National Muni Bond ETF SUB Stock Holding History

Horiko Capital Management’s Portfolio SUB Stock Details SUB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-32,003	Closed	-$3.4M	–	21
2025 Q2	$3.4M	Sell	32,003 -11,075	-26%	-$1.17M	0.89%	18
2025 Q1	$4.55M	Hold	43,078	–	–	1.34%	18
2024 Q4	$4.54M	Sell	43,078 -21,800	-34%	-$2.3M	1.31%	17
2024 Q3	$6.89M	Sell	64,878 -65,505	-50%	-$6.91M	1.99%	15
2024 Q2	$13.6M	Hold	130,383	–	–	3.88%	11
2024 Q1	$13.7M	Sell	130,383 -9,000	-6%	-$945K	4.17%	11
2023 Q4	$14.7M	Sell	139,383 -54,403	-28%	-$5.66M	5.03%	9
2023 Q3	$19.9M	Sell	193,786 -9,600	-5%	-$996K	10.47%	2
2023 Q2	$21.2M	Sell	203,386 -5,500	-3%	-$572K	11.25%	2
2023 Q1	$21.9M	Buy	208,886 +13,925	+7%	+$1.45M	13.16%	1
2022 Q4	$20.3M	Buy	194,961 +48,261	+33%	+$5M	15.69%	1
2022 Q3	$15.1M	Buy	146,700 +25,800	+21%	+$2.69M	12.17%	1
2022 Q2	$12.7M	Buy	+120,900	New	+$12.6M	9.27%	2
2021 Q1	–	Sell	-13,600	Closed	-$1.47M	–	27
2020 Q4	$1.47M	Sell	13,600 -100	-0.7%	-$10.8K	0.76%	21
2020 Q3	$1.48M	Sell	13,700 -2,200	-14%	-$238K	0.85%	21
2020 Q2	$1.72M	Sell	15,900 -17,200	-52%	-$1.84M	1.14%	21
2020 Q1	$3.52M	Hold	33,100	–	–	3.06%	11
2019 Q4	$3.53M	Sell	33,100 -1,800	-5%	-$192K	2.39%	17
2019 Q3	$3.72M	Hold	34,900	–	–	2.81%	16
2019 Q2	$3.72M	Buy	34,900 +2,000	+6%	+$212K	2.82%	15
2019 Q1	$3.49M	Buy	32,900 +3,000	+10%	+$317K	2.87%	12
2018 Q4	$3.15M	Buy	+29,900	New	+$3.13M	3.35%	14

Other funds holding SUB

Mercer Global Advisors Denver, Colorado $80.9B AUM 26.08% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return

SEI Investments Oaks, Pennsylvania $113B AUM 34.64% 1-Year Est. Return

Creative Planning Overland Park, Kansas $171B AUM 24.68% 1-Year Est. Return

TIAA Trust, National Association Charlotte, North Carolina $1.69B AUM 19.12% 1-Year Est. Return

Northwestern Mutual Wealth Management Milwaukee, Wisconsin $187B AUM 21.7% 1-Year Est. Return

Franklin Resources San Mateo, California $462B AUM 39.16% 1-Year Est. Return

Citigroup New York $303B AUM 53.02% 1-Year Est. Return

Horiko Capital Management's SUB Position: Q3 2025 in Review

Horiko Capital Management sold out of iShares Short-Term National Muni Bond ETF (SUB) in Q3 2025, closing a stake of 32,003 shares — an estimated $3.4M sold.

Horiko Capital Management first reported a position in SUB in Q4 2018 and held it in 22 quarters. The position peaked at $21.9M in Q1 2023. 832 funds tracked by Wall St. Rank hold SUB as of Q3 2025.

Horiko Capital Management reported no remaining iShares Short-Term National Muni Bond ETF position as of Q3 2025 after selling out during the quarter.
Horiko Capital Management sold 32,003 iShares Short-Term National Muni Bond ETF shares in Q3 2025, an estimated $3.4M.
Horiko Capital Management first reported a position in iShares Short-Term National Muni Bond ETF in Q4 2018 and held it in 22 quarters.
Horiko Capital Management's iShares Short-Term National Muni Bond ETF position peaked at $21.9M in Q1 2023.
832 funds tracked by Wall St. Rank held iShares Short-Term National Muni Bond ETF as of Q3 2025.

Based on Horiko Capital Management's 13F filing for Q3 2025, filed 14 Nov 2025.