We are live on ! Find out more
CMF icon

iShares California Muni Bond ETF
CMF

247 hedge funds and large institutions have $2.18B invested in iShares California Muni Bond ETF in 2023 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 86 increasing their positions, 79 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

158% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 19

63% more funds holding in top 10

Funds holding in top 10: 8 → 13 (+5)

36% more capital invested

Capital invested by funds: $1.6B → $2.18B (+$571M)

13% more funds holding

Funds holding: 219 → 247 (+28)

6.8% more ownership

Funds ownership: 73.51% → 80.31% (+6.8%)

9% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 79

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $249K

Holders
247
Holders Change
+28
Holders Change %
+12.79%
% of All Funds
3.6%
Holding in Top 10
13
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+62.5%
% of All Funds
0.19%
New
49
Increased
86
Reduced
79
Closed
19
Calls
–
Puts
$249K
Net Calls
-$249K
Net Calls Change
+$442K

Top Buyers

Rank Fund Capital Flow
1
Fidelity Investments
Fidelity Investments
Massachusetts
+$145M
2
CSIA
Charles Schwab Investment Advisory
California
+$93.6M
3
Morgan Stanley
Morgan Stanley
New York
+$93.2M
4
EWA
EP Wealth Advisors
California
+$46.4M
5
Northwestern Mutual Wealth Management
Northwestern Mutual Wealth Management
Wisconsin
+$39.1M

Top Sellers

Rank Fund Capital Flow
1
B
Bailard
California
-$37.9M
2
Jane Street
Jane Street
New York
-$27.2M
3
SWP
Stratos Wealth Partners
Ohio
-$22.5M
4
BC
Brio Consultants
California
-$13M
5
MMA
Miracle Mile Advisors
California
-$6.53M
Name Holding Trade Value Shares
Change 		Change in
Stake
SIG
76
Spinnaker Investment Group
California
$3.01M -$1.16M -20,771 -29%
BIA
77
Bell Investment Advisors
California
$2.95M +$117K +2,099 +4%
HWMC
78
Heritage Wealth Management (California)
California
$2.7M +$2.6M +46,663 New
ECM
79
Evergreen Capital Management
Washington
$2.66M – – –
HighTower Advisors
80
HighTower Advisors
Illinois
$2.59M -$870K -15,596 -26%
WN
81
Williams & Novak
California
$2.58M +$2.48M +44,500 New
DC
82
DeDora Capital
California
$2.39M -$5.36K -96 -0.2%
WIM
83
Westside Investment Management
California
$2.3M +$120K +2,148 +6%
EFG
84
Ehrlich Financial Group
California
$2.3M +$2.21M +39,639 New
PCWA
85
Pacific Capital Wealth Advisors
California
$2.26M -$179K -3,204 -8%
HSBC Holdings
86
HSBC Holdings
United Kingdom
$2.14M +$57K +1,022 +3%
MML Investors Services
87
MML Investors Services
Massachusetts
$2.14M +$77.8K +1,394 +4%
LCM
88
Leisure Capital Management
California
$1.89M +$103K +1,854 +6%
EWM
89
Empirical Wealth Management
Washington
$1.72M +$237K +4,242 +17%
TW
90
Towerpoint Wealth
California
$1.59M -$124K -2,221 -7%
GAM
91
Gould Asset Management
California
$1.57M +$394K +7,060 +35%
RPCA
92
Running Point Capital Advisors
California
$1.57M -$400K -7,171 -21%
AC
93
Apella Capital
Connecticut
$1.53M +$414K +7,414 +39%
EA
94
Eclectic Associates
California
$1.53M +$1.18M +21,213 +412%
SIAG
95
Safeguard Investment Advisory Group
California
$1.53M -$80.3K -1,439 -5%
CAM
96
Clark Asset Management
New Hampshire
$1.52M +$14.2K +254 +1%
Stifel Financial
97
Stifel Financial
Missouri
$1.51M +$185K +3,319 +15%
SI
98
SimpliFi Inc
California
$1.47M – – –
HWA
99
HCR Wealth Advisors
California
$1.44M +$249K +4,468 +22%
BCM
100
Boltwood Capital Management
California
$1.41M -$87.9K -1,575 -6%
2 3
4
5 6

CMF Hedge Fund Activity: Q4 2023 in Review

247 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in iShares California Muni Bond ETF (CMF) for Q4 2023, worth a combined $2.18B — up 36% from $1.6B a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new CMF positions and 19 closed out — a net gain of 30 holders — while 86 added to existing stakes and 79 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $145M. The largest seller was Bailard, cutting an estimated $37.9M.

  • 247 institutional investors held iShares California Muni Bond ETF (CMF) as of Q4 2023, up from 219 in Q3 2023.
  • Funds reported $2.18B of iShares California Muni Bond ETF stock for Q4 2023, up 36% quarter-over-quarter.
  • 49 funds opened new iShares California Muni Bond ETF positions in Q4 2023 and 19 closed out, a net change of +30 holders.
  • The largest iShares California Muni Bond ETF buyer in Q4 2023 was Fidelity Investments, an estimated $145M added.
  • The largest iShares California Muni Bond ETF seller in Q4 2023 was Bailard, an estimated $37.9M sold.

Based on aggregated 13F filings for Q4 2023.