We are live on ! Find out more
CMF icon

iShares California Muni Bond ETF
CMF

135 hedge funds and large institutions have $653M invested in iShares California Muni Bond ETF in 2019 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 48 increasing their positions, 37 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 37

10% more capital invested

Capital invested by funds: $596M → $653M (+$57M)

8% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 13

0% more funds holding

Funds holding: 135 → 135 (0)

0.21% less ownership

Funds ownership: 52.56% → 52.35% (-0.21%)

17% less funds holding in top 10

Funds holding in top 10: 6 → 5 (-1)

Holders
135
Holders Change
–
Holders Change %
0%
% of All Funds
2.93%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.11%
New
14
Increased
48
Reduced
37
Closed
13
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
CSIA
Charles Schwab Investment Advisory
California
+$25.9M
2
Fidelity Investments
Fidelity Investments
Massachusetts
+$10.3M
3
Principal Financial Group
Principal Financial Group
Iowa
+$8.25M
4
UBS Group
UBS Group
Switzerland
+$3.96M
5
MMA
Miracle Mile Advisors
California
+$2.7M

Top Sellers

Rank Fund Capital Flow
1
MWM
Mission Wealth Management
California
-$5.8M
2
FI
FormulaFolio Investments
Michigan
-$3.19M
3
Bank of New York Mellon
Bank of New York Mellon
New York
-$2.55M
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$894K
5
BPC
Banque Pictet & Cie
Switzerland
-$843K
Name Holding Trade Value Shares
Change 		Change in
Stake
LCAM
51
London & Capital Asset Management
United Kingdom
$1.04M +$79.2K +1,321 +8%
UCFA
52
United Capital Financial Advisors
Texas
$1.04M +$241K +4,019 +31%
HWA
53
HCR Wealth Advisors
California
$984K -$120K -2,000 -11%
KWM
54
Kingsview Wealth Management
Oregon
$932K -$99.3K -1,656 -10%
NFG
55
NewFocus Financial Group
Washington
$930K – – –
BCI
56
Brinker Capital Investments
Pennsylvania
$930K +$121K +2,020 +15%
Bank of New York Mellon
57
Bank of New York Mellon
New York
$919K -$2.55M -42,565 -74%
PFC
58
Personal Financial Consultants
California
$906K -$249K -4,143 -22%
LGWM
59
Litman Gregory Wealth Management
California
$871K +$181K +3,025 +27%
LNC
60
Lincoln National Corp
Pennsylvania
$839K +$960 +16 +0.1%
MAFM
61
Mid Atlantic Financial Management
Pennsylvania
$779K -$95.9K -1,598 -11%
EWA
62
EP Wealth Advisors
California
$773K +$765K +12,755 New
RJFSA
63
Raymond James Financial Services Advisors
Florida
$766K +$265K +4,413 +54%
Fisher Asset Management
64
Fisher Asset Management
Washington
$746K -$5.4K -90 -0.7%
MA
65
MUFG Americas
New York
$741K – – –
HighTower Advisors
66
HighTower Advisors
Illinois
$712K +$102K +1,698 +17%
LTFS
67
Ladenburg Thalmann Financial Services
Florida
$703K +$76.5K +1,275 +12%
WT
68
Whittier Trust
California
$663K – – –
CCM
69
Covington Capital Management
California
$655K -$26.1K -435 -4%
FAAS
70
First Allied Advisory Services
California
$646K – – –
IIA
71
IPG Investment Advisors
California
$623K – – –
CCM
72
Coe Capital Management
Illinois
$615K – – –
PCA
73
Personal Capital Advisors
California
$611K +$45.5K +759 +8%
FCA
74
FLC Capital Advisors
California
$610K – – –
WA
75
Winfield Associates
Ohio
$593K – – –
1 2
3
4 5

CMF Hedge Fund Activity: Q2 2019 in Review

135 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in iShares California Muni Bond ETF (CMF) for Q2 2019, worth a combined $653M — up 9.6% from $596M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new CMF positions and 13 closed out — a net gain of 1 holder — while 48 added to existing stakes and 37 trimmed.

The largest buyer was Charles Schwab Investment Advisory, adding an estimated $25.9M. The largest seller was Mission Wealth Management, cutting an estimated $5.8M.

  • 135 institutional investors held iShares California Muni Bond ETF (CMF) as of Q2 2019, unchanged from Q1 2019.
  • Funds reported $653M of iShares California Muni Bond ETF stock for Q2 2019, up 9.6% quarter-over-quarter.
  • 14 funds opened new iShares California Muni Bond ETF positions in Q2 2019 and 13 closed out, a net change of +1 holder.
  • The largest iShares California Muni Bond ETF buyer in Q2 2019 was Charles Schwab Investment Advisory, an estimated $25.9M added.
  • The largest iShares California Muni Bond ETF seller in Q2 2019 was Mission Wealth Management, an estimated $5.8M sold.

Based on aggregated 13F filings for Q2 2019.