iShares California Muni Bond ETF
57 hedge funds and large institutions have $134M invested in iShares California Muni Bond ETF in 2015 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 11 reducing their positions, and 6 closing their positions.
91% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 11
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
0% more capital invested
Capital invested by funds: $133M → $134M (+$529K)
0.18% more ownership
Funds ownership: 60.51% → 60.69% (+0.18%)
2% less funds holding
Funds holding: 58 → 57 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.74M |
| 2 |
Jane Street
New York
|
+$2.39M |
| 3 |
B
Bailard
Foster City,
California
|
+$1.93M |
| 4 |
Betterment LLC
New York
|
+$1.68M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MA
MUFG Americas
New York
|
-$1.48M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$1.23M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$935K |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
-$430K |
| 5 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$415K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIP
51
Ameritas Investment Partners
Lincoln,
Nebraska
| $70K | – | – | – |
|
|
GI
52
Gradient Investments
Arden Hills,
Minnesota
| $42K | – | – | – |
|
|
MFS
53
MSI Financial Services
Springfield,
Massachusetts
| $24K | +$24.2K | +410 | New |
|
|
AIG
54
American International Group
New York
| $12.9K | – | – | – |
|
|
AF
55
Allworth Financial
Folsom,
California
| $11K | +$11.1K | +188 | New |
|
56
AssetMark Inc
Concord,
California
| $5K | – | – | – |
|
|
FFA
57
First Foundation Advisors
Irvine,
California
| – | -$430K | -7,302 | Closed |
|
|
EWM
58
Empirical Wealth Management
Seattle,
Washington
| – | -$236K | -4,012 | Closed |
|
59
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$235K | -4,000 | Closed |
|
|
CNB
60
City National Bank
Beverly Hills,
California
| – | -$235K | -3,994 | Closed |
|
|
QCMC
61
Quantum Capital Management (California)
San Francisco,
California
| – | -$213K | -3,612 | Closed |
|
|
NPC
62
National Planning Corporation
El Segundo,
California
| – | -$38.6K | -650 | Closed |
|
CMF Hedge Fund Activity: Q1 2015 in Review
57 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in iShares California Muni Bond ETF (CMF) for Q1 2015, worth a combined $134M — up 0.4% from $133M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CMF positions and 6 closed out — a net gain of 1 holder — while 21 added to existing stakes and 11 trimmed.
The largest buyer was Bank of America, adding an estimated $3.74M. The largest seller was MUFG Americas, cutting an estimated $1.48M.
- 57 institutional investors held iShares California Muni Bond ETF (CMF) as of Q1 2015, down from 58 in Q4 2014.
- Funds reported $134M of iShares California Muni Bond ETF stock for Q1 2015, up 0.4% quarter-over-quarter.
- 7 funds opened new iShares California Muni Bond ETF positions in Q1 2015 and 6 closed out, a net change of +1 holder.
- The largest iShares California Muni Bond ETF buyer in Q1 2015 was Bank of America, an estimated $3.74M added.
- The largest iShares California Muni Bond ETF seller in Q1 2015 was MUFG Americas, an estimated $1.48M sold.
Based on aggregated 13F filings for Q1 2015.