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iShares California Muni Bond ETF

318 hedge funds and large institutions have $2.7B invested in iShares California Muni Bond ETF in 2025 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 115 increasing their positions, 115 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

61% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 23

4% more funds holding

Funds holding: 307318 (+11)

0% more repeat investments, than reductions

Existing positions increased: 115 | Existing positions reduced: 115

3.25% less ownership

Funds ownership: 78.66%75.42% (-3.2%)

9% less capital invested

Capital invested by funds: $2.96B → $2.7B (-$260M)

20% less funds holding in top 10

Funds holding in top 10: 2016 (-4)

Holders
318
Holders Change
+11
Holders Change %
+3.58%
% of All Funds
4.19%
Holding in Top 10
16
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-20%
% of All Funds
0.21%
New
37
Increased
115
Reduced
115
Closed
23
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LJAC
251
L.J. Altfest & Co
New York
$291K
CA
252
Clune & Associates
Illinois
$281K
TSS
253
Two Sigma Securities
New York
$277K +$276K +4,976 New
I
254
IMPACTfolio
Colorado
$275K
SWP
255
Stratos Wealth Partners
Ohio
$274K +$9.11K +164 +3%
NRI
256
NFP Retirement Inc
California
$272K +$2.05K +37 +0.8%
SWMG
257
Sanchez Wealth Management Group
Florida
$268K -$93.5K -1,685 -26%
EWA
258
Emergent Wealth Advisors
New York
$264K
EWA
259
Exencial Wealth Advisors
Oklahoma
$256K +$5.83K +105 +2%
HWM
260
HB Wealth Management
Georgia
$250K
SVWG
261
Shared Vision Wealth Group
United States
$250K -$381K -6,855 -60%
FLPIM
262
F.L. Putnam Investment Management
Massachusetts
$248K
MFG
263
Magnus Financial Group
New York
$246K +$1.5K +27 +0.6%
KWM
264
Kingsview Wealth Management
Oregon
$244K -$52.7K -949 -18%
EW
265
Elyxium Wealth
California
$242K -$96.2K -1,733 -29%
SEP
266
Southland Equity Partners
Missouri
$241K
Citigroup
267
Citigroup
New York
$240K
SAG
268
SageView Advisory Group
California
$239K +$240K +4,315 New
PAM
269
Palisade Asset Management
Minnesota
$239K
CGH
270
Crossmark Global Holdings
Texas
$238K
CCM
271
Coldstream Capital Management
Washington
$235K -$246K -4,429 -51%
RPGK
272
Retirement Planning Group (Kansas)
Kansas
$223K +$222K +3,999 New
RSS
273
Rosenblum Silverman Sutton
California
$222K +$221K +3,980 New
SCM
274
Stordahl Capital Management
Colorado
$221K +$15.7K +283 +8%
AWS
275
Atria Wealth Solutions
New York
$220K -$129K -2,326 -37%

CMF Hedge Fund Activity: Q2 2025 in Review

318 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in iShares California Muni Bond ETF (CMF) for Q2 2025, worth a combined $2.7B — down 8.8% from $2.96B a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new CMF positions and 23 closed out — a net gain of 14 holders — while 115 added to existing stakes and 115 trimmed.

The largest buyer was Jane Street, adding an estimated $42.2M. The largest seller was Charles Schwab, cutting an estimated $141M.

  • 318 institutional investors held iShares California Muni Bond ETF (CMF) as of Q2 2025, up from 307 in Q1 2025.
  • Funds reported $2.7B of iShares California Muni Bond ETF stock for Q2 2025, down 8.8% quarter-over-quarter.
  • 37 funds opened new iShares California Muni Bond ETF positions in Q2 2025 and 23 closed out, a net change of +14 holders.
  • The largest iShares California Muni Bond ETF buyer in Q2 2025 was Jane Street, an estimated $42.2M added.
  • The largest iShares California Muni Bond ETF seller in Q2 2025 was Charles Schwab, an estimated $141M sold.

Based on aggregated 13F filings for Q2 2025.