BlackRock ETF Trust II iShares Short-Term California Muni Active ETF
CALI
91 hedge funds and large institutions have $111M invested in BlackRock ETF Trust II iShares Short-Term California Muni Active ETF in 2026 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 39 increasing their positions, 15 reducing their positions, and 8 closing their positions.
175% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 8
160% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 15
22% more capital invested
Capital invested by funds: $90.5M → $111M (+$20M)
17% more funds holding
Funds holding: 78 → 91 (+13)
4.05% less ownership
Funds ownership: 43.18% → 39.13% (-4.1%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$4.51M |
| 2 |
LPL Financial
San Diego,
California
|
+$3.62M |
| 3 |
AC
Apella Capital
West Hartford,
Connecticut
|
+$3.07M |
| 4 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$2.71M |
| 5 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$2.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
Ariadne Wealth Management
Santa Barbara,
California
|
-$5.68M |
| 2 |
BRPW
Ballast Rock Private Wealth
Charleston,
South Carolina
|
-$1.75M |
| 3 |
EC
Elequin Capital
New York
|
-$1.47M |
| 4 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$1.11M |
| 5 |
FPCP
Fort Point Capital Partners
San Francisco,
California
|
-$1.06M |
CALI Hedge Fund Activity: Q1 2026 in Review
91 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in BlackRock ETF Trust II iShares Short-Term California Muni Active ETF (CALI) for Q1 2026, worth a combined $111M — up 22% from $90.5M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new CALI positions and 8 closed out — a net gain of 14 holders — while 39 added to existing stakes and 15 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $4.51M. The largest seller was Ariadne Wealth Management, cutting an estimated $5.68M.
- 91 institutional investors held BlackRock ETF Trust II iShares Short-Term California Muni Active ETF (CALI) as of Q1 2026, up from 78 in Q4 2025.
- Funds reported $111M of BlackRock ETF Trust II iShares Short-Term California Muni Active ETF stock for Q1 2026, up 22% quarter-over-quarter.
- 22 funds opened new BlackRock ETF Trust II iShares Short-Term California Muni Active ETF positions in Q1 2026 and 8 closed out, a net change of +14 holders.
- The largest BlackRock ETF Trust II iShares Short-Term California Muni Active ETF buyer in Q1 2026 was Jane Street, an estimated $4.51M added.
- The largest BlackRock ETF Trust II iShares Short-Term California Muni Active ETF seller in Q1 2026 was Ariadne Wealth Management, an estimated $5.68M sold.
Based on aggregated 13F filings for Q1 2026.