iShares California Muni Bond ETF
69 hedge funds and large institutions have $141M invested in iShares California Muni Bond ETF in 2015 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 23 increasing their positions, 14 reducing their positions, and 6 closing their positions.
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
64% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 14
13% more funds holding
Funds holding: 61 → 69 (+8)
9% more capital invested
Capital invested by funds: $129M → $141M (+$12.1M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.36% less ownership
Funds ownership: 62.9% → 60.55% (-2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$8.38M |
| 2 |
LPL Financial
San Diego,
California
|
+$7.33M |
| 3 |
Morgan Stanley
New York
|
+$4.18M |
| 4 |
BPC
Banque Pictet & Cie
Geneva 73,
Switzerland
|
+$1.29M |
| 5 |
PNAA
Pictet North America Advisors
Geneva 73,
Switzerland
|
+$1.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
Bailard
Foster City,
California
|
-$16.5M |
| 2 |
PFA
Pure Financial Advisors
San Diego,
California
|
-$375K |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$281K |
| 4 |
Jane Street
New York
|
-$263K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$221K |
CMF Hedge Fund Activity: Q4 2015 in Review
69 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in iShares California Muni Bond ETF (CMF) for Q4 2015, worth a combined $141M — up 9.4% from $129M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new CMF positions and 6 closed out — a net gain of 8 holders — while 23 added to existing stakes and 14 trimmed.
The largest buyer was Bank of America, adding an estimated $8.38M. The largest seller was Bailard, exiting entirely with an estimated $16.5M sold.
- 69 institutional investors held iShares California Muni Bond ETF (CMF) as of Q4 2015, up from 61 in Q3 2015.
- Funds reported $141M of iShares California Muni Bond ETF stock for Q4 2015, up 9.4% quarter-over-quarter.
- 14 funds opened new iShares California Muni Bond ETF positions in Q4 2015 and 6 closed out, a net change of +8 holders.
- The largest iShares California Muni Bond ETF buyer in Q4 2015 was Bank of America, an estimated $8.38M added.
- The largest iShares California Muni Bond ETF seller in Q4 2015 was Bailard, an estimated $16.5M sold.
Based on aggregated 13F filings for Q4 2015.