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iShares CMBS ETF

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: 9296 (+4)

0% more funds holding in top 10

Funds holding in top 10: 22 (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
Name Holding Trade Value Shares
Change
Change in
Stake
SC
1
Syon Capital
California
$28.6M +$28.4M +581,930 New
State of New Jersey Common Pension Fund D
2
State of New Jersey Common Pension Fund D
New Jersey
$25.6M
AI
3
Arvest Investments
Arkansas
$21.5M -$175K -3,582 -0.8%
UBS Group
4
UBS Group
Switzerland
$21.5M +$2.92M +59,939 +16%
AWM
5
AE Wealth Management
Kansas
$21.2M +$1.64M +33,544 +8%
SL
6
Systelligence LLC
Minnesota
$16.2M +$8.01M +164,225 +99%
Bank of America
7
Bank of America
North Carolina
$14.9M +$282K +5,785 +2%
LPL Financial
8
LPL Financial
California
$14.7M +$1.98M +40,537 +16%
Morgan Stanley
9
Morgan Stanley
New York
$13.9M +$197K +4,051 +1%
HW
10
Hancock Whitney
Mississippi
$12.6M +$193K +3,958 +2%
Wells Fargo
11
Wells Fargo
California
$12.6M +$425K +8,720 +4%
PRI
12
Prepared Retirement Institute
Pennsylvania
$12M +$4.26M +87,382 +56%
CBT
13
Central Bank & Trust
Kentucky
$9.12M +$156K +3,192 +2%
Osaic Holdings
14
Osaic Holdings
Arizona
$7.53M +$744K +15,266 +11%
KF
15
Krilogy Financial
Missouri
$6.33M +$49.5K +1,016 +0.8%
PJSIMP
16
P.J. Schmidt Investment Management (PJS)
Wisconsin
$4.68M +$202K +4,153 +5%
TIAA Trust, National Association
17
TIAA Trust, National Association
North Carolina
$4.09M +$2.02M +41,474 +99%
Jane Street
18
Jane Street
New York
$3.88M +$3.85M +79,077 New
Ameriprise
19
Ameriprise
Minnesota
$3.82M +$1.14M +23,455 +43%
Envestnet Asset Management
20
Envestnet Asset Management
Illinois
$3.48M -$46.2K -947 -1%
Cetera Investment Advisers
21
Cetera Investment Advisers
Illinois
$3.39M +$2.22M +45,498 +193%
SC
22
Sykon Capital
New York
$3.35M -$393K -8,055 -11%
Pathstone Holdings
23
Pathstone Holdings
New Jersey
$3.25M -$350K -7,174 -10%
USCWA
24
U.S. Capital Wealth Advisors
Texas
$3.12M +$466K +9,556 +18%
IWP
25
Insight Wealth Partners
Texas
$3.11M +$474K +9,718 +18%

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.