We are live on ! Find out more
CALI

BlackRock ETF Trust II iShares Short-Term California Muni Active ETF
CALI

78 hedge funds and large institutions have $90.5M invested in BlackRock ETF Trust II iShares Short-Term California Muni Active ETF in 2025 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 32 increasing their positions, 11 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

191% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 11

133% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 9

39% more capital invested

Capital invested by funds: $65.3M → $90.5M (+$25.2M)

18% more funds holding

Funds holding: 66 → 78 (+12)

2.25% more ownership

Funds ownership: 40.93% → 43.18% (+2.3%)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

Holders
78
Holders Change
+12
Holders Change %
+18.18%
% of All Funds
0.95%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.04%
New
21
Increased
32
Reduced
11
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Wealth Enhancement Advisory Services
Wealth Enhancement Advisory Services
Minnesota
+$5.64M
2
SM
Sweeney & Michel
California
+$2.19M
3
FAT
First American Trust
California
+$2.02M
4
LPL Financial
LPL Financial
California
+$1.62M
5
SAI
Savvy Advisors Inc
New York
+$1.4M

Top Sellers

Rank Fund Capital Flow
1
IWC
Integrated Wealth Concepts
Massachusetts
-$2.3M
2
JBA
Johnson Bixby & Associates
Washington
-$1.01M
3
OMC
Old Mission Capital
Illinois
-$926K
4
AWA
Archvest Wealth Advisors
California
-$510K
5
MMA
Miracle Mile Advisors
California
-$404K
Name Holding Trade Value Shares
Change 		Change in
Stake
MW
26
Members Wealth
Pennsylvania
$956K +$164K +3,254 +21%
FCIM
27
Fairview Capital Investment Management
California
$787K +$30.3K +600 +4%
SCM
28
SOL Capital Management
Maryland
$770K -$311K -6,150 -29%
TWM
29
TriaGen Wealth Management
California
$765K +$104K +2,060 +16%
CFC
30
Client First Capital
California
$756K -$13.2K -261 -2%
VA
31
Valmark Advisers
Ohio
$750K – – –
MWM
32
Meridian Wealth Management
Kentucky
$706K – – –
SVWG
33
Shared Vision Wealth Group
United States
$698K +$348K +6,888 +100%
RPSA
34
Richard P. Slaughter Associates
Texas
$663K -$64.6K -1,278 -9%
SPA
35
Sound Portfolio Advisors
Connecticut
$637K +$638K +12,625 New
PIA
36
Perennial Investment Advisors
California
$634K +$634K +12,554 New
DPI
37
Diversified Portfolios Inc
Michigan
$629K +$630K +12,475 New
APWA
38
Atlas Private Wealth Advisors
New Jersey
$539K +$49.8K +986 +10%
Mercer Global Advisors
39
Mercer Global Advisors
Colorado
$527K +$528K +10,450 New
Rockefeller Capital Management
40
Rockefeller Capital Management
New York
$505K – – –
B
41
Bailard
California
$493K +$154K +3,040 +45%
FCA
42
FLC Capital Advisors
California
$473K +$258K +5,103 +120%
CA
43
Capital Advantage
California
$470K -$16.5K -326 -3%
TIAM2
44
Tru Independence Asset Management 2
Oregon
$461K – – –
RWP
45
RWA Wealth Partners
Massachusetts
$459K +$65K +1,287 +16%
NA
46
NewEdge Advisors
Louisiana
$438K +$2.48K +49 +0.6%
BIA
47
Bell Investment Advisors
California
$437K +$8.29K +164 +2%
WCG
48
Weaver Consulting Group
California
$429K +$429K +8,500 New
SWM
49
Selby Wealth Management
California
$418K +$419K +8,293 New
Cetera Investment Advisers
50
Cetera Investment Advisers
Illinois
$353K +$110K +2,180 +45%
1
2
3 4

CALI Hedge Fund Activity: Q4 2025 in Review

78 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in BlackRock ETF Trust II iShares Short-Term California Muni Active ETF (CALI) for Q4 2025, worth a combined $90.5M — up 39% from $65.3M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new CALI positions and 9 closed out — a net gain of 12 holders — while 32 added to existing stakes and 11 trimmed.

The largest buyer was Wealth Enhancement Advisory Services, adding an estimated $5.64M. The largest seller was Integrated Wealth Concepts, exiting entirely with an estimated $2.3M sold.

  • 78 institutional investors held BlackRock ETF Trust II iShares Short-Term California Muni Active ETF (CALI) as of Q4 2025, up from 66 in Q3 2025.
  • Funds reported $90.5M of BlackRock ETF Trust II iShares Short-Term California Muni Active ETF stock for Q4 2025, up 39% quarter-over-quarter.
  • 21 funds opened new BlackRock ETF Trust II iShares Short-Term California Muni Active ETF positions in Q4 2025 and 9 closed out, a net change of +12 holders.
  • The largest BlackRock ETF Trust II iShares Short-Term California Muni Active ETF buyer in Q4 2025 was Wealth Enhancement Advisory Services, an estimated $5.64M added.
  • The largest BlackRock ETF Trust II iShares Short-Term California Muni Active ETF seller in Q4 2025 was Integrated Wealth Concepts, an estimated $2.3M sold.

Based on aggregated 13F filings for Q4 2025.