BlackRock ETF Trust II iShares Short-Term California Muni Active ETF
CALI
48 hedge funds and large institutions have $50.6M invested in BlackRock ETF Trust II iShares Short-Term California Muni Active ETF in 2025 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 17 increasing their positions, 5 reducing their positions, and 4 closing their positions.
450% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 4
240% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 5
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
87% more capital invested
Capital invested by funds: $27.1M → $50.6M (+$23.5M)
55% more funds holding
Funds holding: 31 → 48 (+17)
3.14% more ownership
Funds ownership: 41.45% → 44.6% (+3.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
Ariadne Wealth Management
Santa Barbara,
California
|
+$6.09M |
| 2 |
LPL Financial
San Diego,
California
|
+$4.15M |
| 3 |
EC
Elequin Capital
New York
|
+$2.39M |
| 4 |
NL
NDWM LLC
La Jolla,
California
|
+$1.87M |
| 5 |
Jane Street
New York
|
+$1.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPCP
Fort Point Capital Partners
San Francisco,
California
|
-$1.51M |
| 2 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$1.31M |
| 3 |
ICP
Impact Capital Partners
Greenwood Village,
Colorado
|
-$300K |
| 4 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$288K |
| 5 |
FMN
Financial Management Network
Mission Viejo,
California
|
-$197K |
CALI Hedge Fund Activity: Q2 2025 in Review
48 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in BlackRock ETF Trust II iShares Short-Term California Muni Active ETF (CALI) for Q2 2025, worth a combined $50.6M — up 87% from $27.1M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new CALI positions and 4 closed out — a net gain of 18 holders — while 17 added to existing stakes and 5 trimmed.
The largest buyer was Ariadne Wealth Management, adding an estimated $6.09M. The largest seller was Fort Point Capital Partners, cutting an estimated $1.51M.
- 48 institutional investors held BlackRock ETF Trust II iShares Short-Term California Muni Active ETF (CALI) as of Q2 2025, up from 31 in Q1 2025.
- Funds reported $50.6M of BlackRock ETF Trust II iShares Short-Term California Muni Active ETF stock for Q2 2025, up 87% quarter-over-quarter.
- 22 funds opened new BlackRock ETF Trust II iShares Short-Term California Muni Active ETF positions in Q2 2025 and 4 closed out, a net change of +18 holders.
- The largest BlackRock ETF Trust II iShares Short-Term California Muni Active ETF buyer in Q2 2025 was Ariadne Wealth Management, an estimated $6.09M added.
- The largest BlackRock ETF Trust II iShares Short-Term California Muni Active ETF seller in Q2 2025 was Fort Point Capital Partners, an estimated $1.51M sold.
Based on aggregated 13F filings for Q2 2025.