iShares California Muni Bond ETF
48 hedge funds and large institutions have $93.4M invested in iShares California Muni Bond ETF in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 19 increasing their positions, 8 reducing their positions, and 4 closing their positions.
138% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 8
12% more capital invested
Capital invested by funds: $83.1M → $93.4M (+$10.2M)
0.69% more ownership
Funds ownership: 63.93% → 64.62% (+0.69%)
0% more funds holding
Funds holding: 48 → 48 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.44M |
| 2 |
Morgan Stanley
New York
|
+$2.28M |
| 3 |
PI
Placemark Investments
Chicago,
Illinois
|
+$1M |
| 4 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$862K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$551K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MA
MUFG Americas
New York
|
-$1.45M |
| 2 |
Jane Street
New York
|
-$776K |
| 3 |
FFA
First Foundation Advisors
Irvine,
California
|
-$563K |
| 4 |
Bank of New York Mellon
New York
|
-$427K |
| 5 |
Barclays
London,
United Kingdom
|
-$367K |
CMF Hedge Fund Activity: Q1 2014 in Review
48 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in iShares California Muni Bond ETF (CMF) for Q1 2014, worth a combined $93.4M — up 12% from $83.1M a quarter earlier.
Fund positioning in CMF was balanced in Q1 2014: 4 funds opened new positions, 4 closed out, 19 added to existing stakes and 8 trimmed.
The largest buyer was Bank of America, adding an estimated $3.44M. The largest seller was MUFG Americas, cutting an estimated $1.45M.
- 48 institutional investors held iShares California Muni Bond ETF (CMF) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $93.4M of iShares California Muni Bond ETF stock for Q1 2014, up 12% quarter-over-quarter.
- 4 funds opened new iShares California Muni Bond ETF positions in Q1 2014 and 4 closed out, a net change of 0 holders.
- The largest iShares California Muni Bond ETF buyer in Q1 2014 was Bank of America, an estimated $3.44M added.
- The largest iShares California Muni Bond ETF seller in Q1 2014 was MUFG Americas, an estimated $1.45M sold.
Based on aggregated 13F filings for Q1 2014.