iShares California Muni Bond ETF
52 hedge funds and large institutions have $115M invested in iShares California Muni Bond ETF in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 22 increasing their positions, 7 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
214% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 7
11% more funds holding
Funds holding: 47 → 52 (+5)
5% more capital invested
Capital invested by funds: $109M → $115M (+$5.59M)
4.97% less ownership
Funds ownership: 64.47% → 59.5% (-5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$2.35M |
| 2 |
B
Bailard
Foster City,
California
|
+$1.45M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$459K |
| 4 |
Morgan Stanley
New York
|
+$443K |
| 5 |
MA
MUFG Americas
New York
|
+$441K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$4.03M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.68M |
| 3 |
PI
Placemark Investments
Chicago,
Illinois
|
-$341K |
| 4 |
AIG
American International Group
New York
|
-$160K |
| 5 |
PFA
Pure Financial Advisors
San Diego,
California
|
-$58.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NES
51
New England Securities
New York
| $10K | – | – | – |
|
52
AssetMark Inc
Concord,
California
| $5K | – | – | – |
|
|
53
Jane Street
New York
| – | -$4.03M | -69,558 | Closed |
|
CMF Hedge Fund Activity: Q3 2014 in Review
52 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in iShares California Muni Bond ETF (CMF) for Q3 2014, worth a combined $115M — up 5.1% from $109M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new CMF positions and 1 closed out — a net gain of 5 holders — while 22 added to existing stakes and 7 trimmed.
The largest buyer was Citigroup, opening a new position worth an estimated $2.35M. The largest seller was Jane Street, exiting entirely with an estimated $4.03M sold.
- 52 institutional investors held iShares California Muni Bond ETF (CMF) as of Q3 2014, up from 47 in Q2 2014.
- Funds reported $115M of iShares California Muni Bond ETF stock for Q3 2014, up 5.1% quarter-over-quarter.
- 6 funds opened new iShares California Muni Bond ETF positions in Q3 2014 and 1 closed out, a net change of +5 holders.
- The largest iShares California Muni Bond ETF buyer in Q3 2014 was Citigroup, an estimated $2.35M added.
- The largest iShares California Muni Bond ETF seller in Q3 2014 was Jane Street, an estimated $4.03M sold.
Based on aggregated 13F filings for Q3 2014.