We are live on ! Find out more
CMF icon

iShares California Muni Bond ETF
CMF

123 hedge funds and large institutions have $576M invested in iShares California Muni Bond ETF in 2018 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 44 increasing their positions, 28 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 2 → 6 (+4)

80% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 10

57% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 28

16% more capital invested

Capital invested by funds: $496M → $576M (+$79.2M)

7% more funds holding

Funds holding: 115 → 123 (+8)

4.87% more ownership

Funds ownership: 47.44% → 52.31% (+4.9%)

Holders
123
Holders Change
+8
Holders Change %
+6.96%
% of All Funds
2.81%
Holding in Top 10
6
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+200%
% of All Funds
0.14%
New
18
Increased
44
Reduced
28
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
CSIA
Charles Schwab Investment Advisory
California
+$34.7M
2
BlackRock
BlackRock
New York
+$29M
3
PFA
Pure Financial Advisors
California
+$10.6M
4
Morgan Stanley
Morgan Stanley
New York
+$3.63M
5
MMA
Miracle Mile Advisors
California
+$3.29M

Top Sellers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$3.46M
2
Jane Street
Jane Street
New York
-$2.35M
3
MWM
Mission Wealth Management
California
-$2.25M
4
PWM
Perigon Wealth Management
California
-$2.18M
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$2M
Name Holding Trade Value Shares
Change 		Change in
Stake
BOS
101
Bank of Stockton
California
$219K – – –
MCP
102
Mirador Capital Partners
California
$213K +$215K +3,679 New
TSS
103
Two Sigma Securities
New York
$201K +$203K +3,469 New
SPIA
104
Steward Partners Investment Advisory
New York
$180K +$292 +5 +0.2%
WIM
105
Westside Investment Management
California
$152K – – –
Fidelity Investments
106
Fidelity Investments
Massachusetts
$146K +$147K +2,521 New
GRP
107
Global Retirement Partners
California
$90K -$33.1K -566 -27%
APA
108
American Portfolios Advisors
New York
$69.6K – – –
FC
109
Ferris Capital
Massachusetts
$55K – – –
GI
110
Gradient Investments
Minnesota
$51K – – –
WAM
111
Wealthspire Advisors (Maryland)
Maryland
$29K – – –
EWM
112
Elmwood Wealth Management
California
$25.8K -$1.05K -18 -4%
DWM
113
Destination Wealth Management
California
$20K +$20.2K +346 New
CDIA
114
Capital Directions Investment Advisors
Georgia
$15K – – –
AIP
115
Ameritas Investment Partners
Nebraska
$11K – – –
WAP
116
Wealthcare Advisory Partners
Pennsylvania
$11K – – –
AF
117
Allworth Financial
California
$11K +$350 +6 +3%
BC
118
Bartlett & Co
Ohio
$9K – – –
BCWM
119
Bartlett & Co Wealth Management
Ohio
$8.7K – – –
Northern Trust
120
Northern Trust
Illinois
$6K – – –
WAM
121
Watermark Asset Management
California
$5K – – –
SWP
122
Stratos Wealth Partners
Ohio
$5K +$4.96K +85 New
Susquehanna International Group
123
Susquehanna International Group
Pennsylvania
– -$3.46M -59,023 Closed
Jane Street
124
Jane Street
New York
– -$2.35M -40,211 Closed
PWM
125
Perigon Wealth Management
California
– -$2.18M -37,192 Closed
2 3 4
5
6

CMF Hedge Fund Activity: Q3 2018 in Review

123 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in iShares California Muni Bond ETF (CMF) for Q3 2018, worth a combined $576M — up 16% from $496M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new CMF positions and 10 closed out — a net gain of 8 holders — while 44 added to existing stakes and 28 trimmed.

The largest buyer was Charles Schwab Investment Advisory, adding an estimated $34.7M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $3.46M sold.

  • 123 institutional investors held iShares California Muni Bond ETF (CMF) as of Q3 2018, up from 115 in Q2 2018.
  • Funds reported $576M of iShares California Muni Bond ETF stock for Q3 2018, up 16% quarter-over-quarter.
  • 18 funds opened new iShares California Muni Bond ETF positions in Q3 2018 and 10 closed out, a net change of +8 holders.
  • The largest iShares California Muni Bond ETF buyer in Q3 2018 was Charles Schwab Investment Advisory, an estimated $34.7M added.
  • The largest iShares California Muni Bond ETF seller in Q3 2018 was Susquehanna International Group, an estimated $3.46M sold.

Based on aggregated 13F filings for Q3 2018.