We are live on ! Find out more
CMF icon

iShares California Muni Bond ETF
CMF

48 hedge funds and large institutions have $83.1M invested in iShares California Muni Bond ETF in 2013 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 7 increasing their positions, 20 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 5

12% more funds holding

Funds holding: 43 → 48 (+5)

1.79% more ownership

Funds ownership: 62.14% → 63.93% (+1.8%)

12% less capital invested

Capital invested by funds: $94M → $83.1M (-$10.9M)

65% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 20

Holders
48
Holders Change
+5
Holders Change %
+11.63%
% of All Funds
1.39%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
10
Increased
7
Reduced
20
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
+$2.56M
2
MA
MUFG Americas
New York
+$1.45M
3
B
Bailard
California
+$1.39M
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$964K
5
FFA
First Foundation Advisors
California
+$568K

Top Sellers

Rank Fund Capital Flow
1
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$4.27M
2
Jane Street
Jane Street
New York
-$2.46M
3
Wells Fargo
Wells Fargo
California
-$1.33M
4
BTS
BB&T Securities
Virginia
-$871K
5
AI
Atria Investments
North Carolina
-$788K
Name Holding Trade Value Shares
Change 		Change in
Stake
FC
26
FCA Corp
Texas
$285K – – –
BOTW
27
Bank of the West
California
$268K -$120K -2,178 -31%
QCMC
28
Quantum Capital Management (California)
California
$258K -$49.3K -898 -16%
AI
29
Atria Investments
North Carolina
$257K -$788K -14,350 -75%
CAN
30
Cetera Advisor Networks
California
$233K – – –
SEIA
31
Signature Estate & Investment Advisors
California
$232K -$329 -6 -0.1%
Commonwealth Equity Services
32
Commonwealth Equity Services
Massachusetts
$224K +$226K +4,112 New
Deutsche Bank
33
Deutsche Bank
Germany
$217K -$241K -4,390 -52%
EWM
34
Empirical Wealth Management
Washington
$216K -$46.3K -844 -18%
CCM
35
Coe Capital Management
Illinois
$215K +$217K +3,960 New
PAS
36
Partnervest Advisory Services
California
$192K +$110 +2 +0.1%
LTFS
37
Ladenburg Thalmann Financial Services
Florida
$154K – – –
ASN
38
Advisory Services Network
Georgia
$119K +$120K +2,186 New
WA
39
Winfield Associates
Ohio
$112K +$113K +2,052 New
CCS
40
Crosspoint Capital Strategies
California
$55K +$52.9K +964 New
TIM
41
Tortoise Investment Management
New York
$54K – – –
Ameriprise
42
Ameriprise
Minnesota
$38K – – –
GI
43
Gradient Investments
Minnesota
$38K – – –
Envestnet Asset Management
44
Envestnet Asset Management
Illinois
$18K – – –
AssetMark Inc
45
AssetMark Inc
California
$17K – – –
FIG
46
Fusion Investment Group
Pennsylvania
$8K +$8.35K +152 New
JG
47
Jefferies Group
New York
$6K -$355K -6,472 -98%
NES
48
New England Securities
New York
$2K -$14.3K -260 -86%
VKH
49
Virtu KCG Holdings
New York
– -$747K -13,728 Closed
Comerica Bank
50
Comerica Bank
Texas
– -$571K -10,490 Closed
1
2
3

CMF Hedge Fund Activity: Q4 2013 in Review

48 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in iShares California Muni Bond ETF (CMF) for Q4 2013, worth a combined $83.1M — down 12% from $94M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new CMF positions and 5 closed out — a net gain of 5 holders — while 7 added to existing stakes and 20 trimmed.

The largest buyer was Bank of America, adding an estimated $2.56M. The largest seller was Royal Bank of Canada, cutting an estimated $4.27M.

  • 48 institutional investors held iShares California Muni Bond ETF (CMF) as of Q4 2013, up from 43 in Q3 2013.
  • Funds reported $83.1M of iShares California Muni Bond ETF stock for Q4 2013, down 12% quarter-over-quarter.
  • 10 funds opened new iShares California Muni Bond ETF positions in Q4 2013 and 5 closed out, a net change of +5 holders.
  • The largest iShares California Muni Bond ETF buyer in Q4 2013 was Bank of America, an estimated $2.56M added.
  • The largest iShares California Muni Bond ETF seller in Q4 2013 was Royal Bank of Canada, an estimated $4.27M sold.

Based on aggregated 13F filings for Q4 2013.