iShares California Muni Bond ETF
176 hedge funds and large institutions have $955M invested in iShares California Muni Bond ETF in 2020 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 73 increasing their positions, 38 reducing their positions, and 15 closing their positions.
92% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 38
40% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 15
2% more capital invested
Capital invested by funds: $935M → $955M (+$19.8M)
1% more funds holding
Funds holding: 175 → 176 (+1)
1.15% less ownership
Funds ownership: 58.21% → 57.06% (-1.1%)
45% less funds holding in top 10
Funds holding in top 10: 11 → 6 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$29.5M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$7.63M |
| 3 |
LPL Financial
San Diego,
California
|
+$2.67M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.52M |
| 5 |
Jane Street
New York
|
+$1.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCFM
Clear Creek Financial Management
Silverdale,
Washington
|
-$14.1M |
| 2 |
PA
Parkside Advisors
Berkeley,
California
|
-$8.33M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$5.22M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$3.57M |
| 5 |
AssetMark Inc
Concord,
California
|
-$2.72M |
CMF Hedge Fund Activity: Q4 2020 in Review
176 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in iShares California Muni Bond ETF (CMF) for Q4 2020, worth a combined $955M — up 2.1% from $935M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new CMF positions and 15 closed out — a net gain of 6 holders — while 73 added to existing stakes and 38 trimmed.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $29.5M. The largest seller was Clear Creek Financial Management, exiting entirely with an estimated $14.1M sold.
- 176 institutional investors held iShares California Muni Bond ETF (CMF) as of Q4 2020, up from 175 in Q3 2020.
- Funds reported $955M of iShares California Muni Bond ETF stock for Q4 2020, up 2.1% quarter-over-quarter.
- 21 funds opened new iShares California Muni Bond ETF positions in Q4 2020 and 15 closed out, a net change of +6 holders.
- The largest iShares California Muni Bond ETF buyer in Q4 2020 was Charles Schwab Investment Advisory, an estimated $29.5M added.
- The largest iShares California Muni Bond ETF seller in Q4 2020 was Clear Creek Financial Management, an estimated $14.1M sold.
Based on aggregated 13F filings for Q4 2020.