iShares California Muni Bond ETF
193 hedge funds and large institutions have $1.05B invested in iShares California Muni Bond ETF in 2022 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 70 increasing their positions, 58 reducing their positions, and 18 closing their positions.
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
28% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 18
21% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 58
2% more funds holding
Funds holding: 190 → 193 (+3)
3.32% less ownership
Funds ownership: 65.85% → 62.53% (-3.3%)
9% less capital invested
Capital invested by funds: $1.15B → $1.05B (-$102M)
60% less call options, than puts
Call options by funds: $369K | Put options by funds: $933K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brio Consultants
San Francisco,
California
|
+$25.5M |
| 2 |
B
Bailard
Foster City,
California
|
+$17.6M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$14.7M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$14.4M |
| 5 |
WP
WealthSource Partners
San Luis Obispo,
California
|
+$13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$76.9M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$46.5M |
| 3 |
LCM
Leisure Capital Management
Costa Mesa,
California
|
-$25M |
| 4 |
Renaissance Technologies
New York
|
-$11M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CW
201
CreativeOne Wealth
Overland Park,
Kansas
| – | -$339K | -6,006 | Closed |
|
|
WWA
202
WCG Wealth Advisors
Las Vegas,
Nevada
| – | -$331K | -5,861 | Closed |
|
|
IFG
203
Independent Financial Group
San Diego,
California
| – | -$261K | -4,617 | Closed |
|
|
IWC
204
Integrated Wealth Concepts
Waltham,
Massachusetts
| – | -$241K | -4,273 | Closed |
|
|
WLIM
205
White Lighthouse Investment Management
Bedford,
Massachusetts
| – | -$226K | -4,000 | Closed |
|
|
HAS
206
HBW Advisory Services
Simi Valley,
California
| – | -$225K | -3,978 | Closed |
|
|
CA
207
Calton & Associates
Tampa,
Florida
| – | -$200K | -3,549 | Closed |
|
|
SWM
208
SeaCrest Wealth Management
Purchase,
New York
| – | -$42K | -750 | Closed |
|
|
WOSD
209
WFA of San Diego
San Diego,
California
| – | -$9K | -167 | Closed |
|
210
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$5K | -92 | Closed |
|
|
TRCT
211
Tower Research Capital (TRC)
New York
| – | -$1K | -18 | Closed |
|
CMF Hedge Fund Activity: Q3 2022 in Review
193 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in iShares California Muni Bond ETF (CMF) for Q3 2022, worth a combined $1.05B — down 8.8% from $1.15B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new CMF positions and 18 closed out — a net gain of 5 holders — while 70 added to existing stakes and 58 trimmed.
The largest buyer was Brio Consultants, opening a new position worth an estimated $25.5M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $76.9M.
- 193 institutional investors held iShares California Muni Bond ETF (CMF) as of Q3 2022, up from 190 in Q2 2022.
- Funds reported $1.05B of iShares California Muni Bond ETF stock for Q3 2022, down 8.8% quarter-over-quarter.
- 23 funds opened new iShares California Muni Bond ETF positions in Q3 2022 and 18 closed out, a net change of +5 holders.
- The largest iShares California Muni Bond ETF buyer in Q3 2022 was Brio Consultants, an estimated $25.5M added.
- The largest iShares California Muni Bond ETF seller in Q3 2022 was Charles Schwab Investment Advisory, an estimated $76.9M sold.
Based on aggregated 13F filings for Q3 2022.