iShares California Muni Bond ETF
72 hedge funds and large institutions have $181M invested in iShares California Muni Bond ETF in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 24 increasing their positions, 19 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
26% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 19
3% more funds holding
Funds holding: 70 → 72 (+2)
2% more capital invested
Capital invested by funds: $177M → $181M (+$3.59M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7.43% less ownership
Funds ownership: 69.12% → 61.68% (-7.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.28M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.17M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.6M |
| 4 |
RMC
Regis Management Company
Menlo Park,
California
|
+$864K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$750K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$8.68M |
| 2 |
B
Bailard
Foster City,
California
|
-$977K |
| 3 |
Jane Street
New York
|
-$704K |
| 4 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$618K |
| 5 |
AL
Aspiriant LLC
Los Angeles,
California
|
-$586K |
CMF Hedge Fund Activity: Q2 2016 in Review
72 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in iShares California Muni Bond ETF (CMF) for Q2 2016, worth a combined $181M — up 2% from $177M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new CMF positions and 4 closed out — a net gain of 2 holders — while 24 added to existing stakes and 19 trimmed.
The largest buyer was Bank of America, adding an estimated $2.28M. The largest seller was LPL Financial, cutting an estimated $8.68M.
- 72 institutional investors held iShares California Muni Bond ETF (CMF) as of Q2 2016, up from 70 in Q1 2016.
- Funds reported $181M of iShares California Muni Bond ETF stock for Q2 2016, up 2% quarter-over-quarter.
- 6 funds opened new iShares California Muni Bond ETF positions in Q2 2016 and 4 closed out, a net change of +2 holders.
- The largest iShares California Muni Bond ETF buyer in Q2 2016 was Bank of America, an estimated $2.28M added.
- The largest iShares California Muni Bond ETF seller in Q2 2016 was LPL Financial, an estimated $8.68M sold.
Based on aggregated 13F filings for Q2 2016.