iShares California Muni Bond ETF
174 hedge funds and large institutions have $923M invested in iShares California Muni Bond ETF in 2020 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 69 increasing their positions, 44 reducing their positions, and 10 closing their positions.
130% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 10
57% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 44
30% more funds holding in top 10
Funds holding in top 10: 10 → 13 (+3)
27% more capital invested
Capital invested by funds: $727M → $923M (+$196M)
7% more funds holding
Funds holding: 162 → 174 (+12)
5.48% more ownership
Funds ownership: 54.66% → 60.14% (+5.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$86.3M |
| 2 |
Jane Street
New York
|
+$27.8M |
| 3 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
+$20.7M |
| 4 |
NFG
NewFocus Financial Group
Vancouver,
Washington
|
+$15.5M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$11.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
-$15.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$6.2M |
| 3 |
Bank of New York Mellon
New York
|
-$5.65M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$5.09M |
| 5 |
MWM
Mission Wealth Management
Santa Barbara,
California
|
-$4.36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FCA
176
FLC Capital Advisors
Palm Desert,
California
| – | -$440K | -7,462 | Closed |
|
|
AC
177
AlphaCore Capital
La Jolla,
California
| – | -$351K | -5,805 | Closed |
|
178
Creative Planning
Overland Park,
Kansas
| – | -$274K | -4,529 | Closed |
|
|
IWS
179
Insight Wealth Strategies
San Ramon,
California
| – | -$225K | -3,723 | Closed |
|
|
CA
180
Crewe Advisors
Salt Lake City,
Utah
| – | -$79K | -1,306 | Closed |
|
|
NFG
181
Next Financial Group
Houston,
Texas
| – | -$74K | -1,220 | Closed |
|
|
AIC
182
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$54K | -905 | Closed |
|
|
CAN
183
Claraphi Advisory Network
Aliso Viejo,
United States
| – | -$32K | -524 | Closed |
|
|
LWM
184
Liberty Wealth Management
Oakland,
California
| – | -$8K | -124 | Closed |
|
CMF Hedge Fund Activity: Q2 2020 in Review
174 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in iShares California Muni Bond ETF (CMF) for Q2 2020, worth a combined $923M — up 27% from $727M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new CMF positions and 10 closed out — a net gain of 13 holders — while 69 added to existing stakes and 44 trimmed.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $86.3M. The largest seller was Miracle Mile Advisors, cutting an estimated $15.2M.
- 174 institutional investors held iShares California Muni Bond ETF (CMF) as of Q2 2020, up from 162 in Q1 2020.
- Funds reported $923M of iShares California Muni Bond ETF stock for Q2 2020, up 27% quarter-over-quarter.
- 23 funds opened new iShares California Muni Bond ETF positions in Q2 2020 and 10 closed out, a net change of +13 holders.
- The largest iShares California Muni Bond ETF buyer in Q2 2020 was Charles Schwab Investment Advisory, an estimated $86.3M added.
- The largest iShares California Muni Bond ETF seller in Q2 2020 was Miracle Mile Advisors, an estimated $15.2M sold.
Based on aggregated 13F filings for Q2 2020.