iShares California Muni Bond ETF
47 hedge funds and large institutions have $109M invested in iShares California Muni Bond ETF in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 4 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 12
17% more capital invested
Capital invested by funds: $93.4M → $109M (+$15.7M)
0.15% less ownership
Funds ownership: 64.62% → 64.47% (-0.15%)
2% less funds holding
Funds holding: 48 → 47 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.6M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$1.3M |
| 3 |
Morgan Stanley
New York
|
+$1.24M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.15M |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$688K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.96M |
| 2 |
MA
MUFG Americas
New York
|
-$1.93M |
| 3 |
PI
Placemark Investments
Chicago,
Illinois
|
-$922K |
| 4 |
Barclays
London,
United Kingdom
|
-$484K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$374K |
CMF Hedge Fund Activity: Q2 2014 in Review
47 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in iShares California Muni Bond ETF (CMF) for Q2 2014, worth a combined $109M — up 17% from $93.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of CMF and 3 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 20 added.
The largest buyer was Jane Street, adding an estimated $1.6M. The largest seller was Bank of America, cutting an estimated $2.96M.
- 47 institutional investors held iShares California Muni Bond ETF (CMF) as of Q2 2014, down from 48 in Q1 2014.
- Funds reported $109M of iShares California Muni Bond ETF stock for Q2 2014, up 17% quarter-over-quarter.
- 3 funds opened new iShares California Muni Bond ETF positions in Q2 2014 and 4 closed out, a net change of -1 holder.
- The largest iShares California Muni Bond ETF buyer in Q2 2014 was Jane Street, an estimated $1.6M added.
- The largest iShares California Muni Bond ETF seller in Q2 2014 was Bank of America, an estimated $2.96M sold.
Based on aggregated 13F filings for Q2 2014.