iShares California Muni Bond ETF
146 hedge funds and large institutions have $730M invested in iShares California Muni Bond ETF in 2019 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 59 increasing their positions, 28 reducing their positions, and 5 closing their positions.
260% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 5
111% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 28
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
12% more capital invested
Capital invested by funds: $653M → $730M (+$77.6M)
8% more funds holding
Funds holding: 135 → 146 (+11)
0.98% more ownership
Funds ownership: 52.35% → 53.33% (+0.98%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$18.3M |
| 2 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$16.3M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$9.55M |
| 4 |
Jane Street
New York
|
+$6.9M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$1.97M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.96M |
| 3 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
-$1.59M |
| 4 |
MWM
Mission Wealth Management
Santa Barbara,
California
|
-$1.24M |
| 5 |
PFA
Pure Financial Advisors
San Diego,
California
|
-$1.14M |
CMF Hedge Fund Activity: Q3 2019 in Review
146 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in iShares California Muni Bond ETF (CMF) for Q3 2019, worth a combined $730M — up 12% from $653M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new CMF positions and 5 closed out — a net gain of 13 holders — while 59 added to existing stakes and 28 trimmed.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $18.3M. The largest seller was Renaissance Technologies, cutting an estimated $1.97M.
- 146 institutional investors held iShares California Muni Bond ETF (CMF) as of Q3 2019, up from 135 in Q2 2019.
- Funds reported $730M of iShares California Muni Bond ETF stock for Q3 2019, up 12% quarter-over-quarter.
- 18 funds opened new iShares California Muni Bond ETF positions in Q3 2019 and 5 closed out, a net change of +13 holders.
- The largest iShares California Muni Bond ETF buyer in Q3 2019 was Charles Schwab Investment Advisory, an estimated $18.3M added.
- The largest iShares California Muni Bond ETF seller in Q3 2019 was Renaissance Technologies, an estimated $1.97M sold.
Based on aggregated 13F filings for Q3 2019.