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iShares CMBS ETF
CMBS

96 hedge funds and large institutions have $310M invested in iShares CMBS ETF in 2025 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 45 increasing their positions, 19 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

137% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 19

86% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 7

22% more capital invested

Capital invested by funds: $255M → $310M (+$55.2M)

7.61% more ownership

Funds ownership: 56.93% → 64.54% (+7.6%)

4% more funds holding

Funds holding: 92 → 96 (+4)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

Holders
96
Holders Change
+4
Holders Change %
+4.35%
% of All Funds
1.26%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
13
Increased
45
Reduced
19
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SC
Syon Capital
California
+$28.4M
2
SL
Systelligence LLC
Minnesota
+$8.01M
3
PRI
Prepared Retirement Institute
Pennsylvania
+$4.26M
4
Jane Street
Jane Street
New York
+$3.85M
5
UBS Group
UBS Group
Switzerland
+$2.92M

Top Sellers

Rank Fund Capital Flow
1
HighTower Advisors
HighTower Advisors
Illinois
-$5.49M
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$1.3M
3
CTI
Community Trust & Investment
Kentucky
-$795K
4
AA
Advisory Alpha
Michigan
-$631K
5
TIM
Tortoise Investment Management
New York
-$569K
Name Holding Trade Value Shares
Change 		Change in
Stake
OPAM
26
Ocean Park Asset Management
California
$3.11M – – –
Raymond James Financial
27
Raymond James Financial
Florida
$2.85M +$462K +9,468 +19%
Franklin Resources
28
Franklin Resources
California
$2.32M – – –
BlackRock
29
BlackRock
New York
$1.99M -$244K -5,000 -11%
First Trust Advisors
30
First Trust Advisors
Illinois
$1.95M +$12.3K +252 +0.6%
Commonwealth Equity Services
31
Commonwealth Equity Services
Massachusetts
$1.64M +$59.6K +1,222 +4%
PVM
32
Palogic Value Management
Texas
$1.34M +$182K +3,728 +16%
GC
33
Guggenheim Capital
Illinois
$1.26M -$340K -6,966 -21%
HCA
34
Heck Capital Advisors
Wisconsin
$1.13M +$1.13M +23,083 New
Jones Financial Companies
35
Jones Financial Companies
Missouri
$1.12M +$403K +8,272 +57%
AA
36
Advisory Alpha
Michigan
$968K -$631K -12,955 -40%
MHR
37
Matthew Hamilton Rosenberg
$937K +$147K +3,020 +19%
Citadel Advisors
38
Citadel Advisors
Florida
$828K +$822K +16,866 New
Envestnet Portfolio Solutions
39
Envestnet Portfolio Solutions
Illinois
$826K -$43.2K -886 -5%
WJA
40
Willis Johnson & Associates
Texas
$751K +$16.2K +333 +2%
AWA
41
Arete Wealth Advisors
Illinois
$750K +$746K +15,294 New
KFG
42
Kingdom Financial Group
Arizona
$654K +$426K +8,732 +190%
CM
43
Columbus Macro
Pennsylvania
$635K -$511K -10,489 -45%
TAP
44
Tounjian Advisory Partners
Florida
$625K -$83.1K -1,704 -12%
OMC
45
Old Mission Capital
Illinois
$594K +$590K +12,098 New
Comerica Bank
46
Comerica Bank
Texas
$568K +$37.2K +763 +7%
Goldman Sachs
47
Goldman Sachs
New York
$552K +$549K +11,256 New
JP Morgan Chase
48
JP Morgan Chase
New York
$551K +$202K +4,147 +58%
P
49
&Partners
Tennessee
$523K +$64.8K +1,330 +15%
KAS
50
Kestra Advisory Services
Texas
$516K +$22.9K +469 +5%
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CMBS Hedge Fund Activity: Q3 2025 in Review

96 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in iShares CMBS ETF (CMBS) for Q3 2025, worth a combined $310M — up 22% from $255M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new CMBS positions and 7 closed out — a net gain of 6 holders — while 45 added to existing stakes and 19 trimmed.

The largest buyer was Syon Capital, opening a new position worth an estimated $28.4M. The largest seller was HighTower Advisors, exiting entirely with an estimated $5.49M sold.

  • 96 institutional investors held iShares CMBS ETF (CMBS) as of Q3 2025, up from 92 in Q2 2025.
  • Funds reported $310M of iShares CMBS ETF stock for Q3 2025, up 22% quarter-over-quarter.
  • 13 funds opened new iShares CMBS ETF positions in Q3 2025 and 7 closed out, a net change of +6 holders.
  • The largest iShares CMBS ETF buyer in Q3 2025 was Syon Capital, an estimated $28.4M added.
  • The largest iShares CMBS ETF seller in Q3 2025 was HighTower Advisors, an estimated $5.49M sold.

Based on aggregated 13F filings for Q3 2025.