iShares California Muni Bond ETF
81 hedge funds and large institutions have $252M invested in iShares California Muni Bond ETF in 2017 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 30 reducing their positions, and 9 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less funds holding
Funds holding: 84 → 81 (-3)
10% less capital invested
Capital invested by funds: $279M → $252M (-$27.4M)
10.6% less ownership
Funds ownership: 79.86% → 69.26% (-11%)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
30% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$7.76M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$5.77M |
| 3 |
B
Bailard
Foster City,
California
|
+$2.21M |
| 4 |
WP
WealthSource Partners
San Luis Obispo,
California
|
+$1.44M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$15.2M |
| 2 |
MWM
Mission Wealth Management
Santa Barbara,
California
|
-$9.77M |
| 3 |
FFA
First Foundation Advisors
Irvine,
California
|
-$5.93M |
| 4 |
NFG
NewFocus Financial Group
Vancouver,
Washington
|
-$5.25M |
| 5 |
RBCM
Raub Brock Capital Management
Larkspur,
California
|
-$3.26M |
CMF Hedge Fund Activity: Q1 2017 in Review
81 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in iShares California Muni Bond ETF (CMF) for Q1 2017, worth a combined $252M — down 9.8% from $279M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of CMF and 8 opened new positions — a net loss of 1 holder — while 30 trimmed existing stakes and 21 added.
The largest buyer was Jane Street, opening a new position worth an estimated $7.76M. The largest seller was Bank of America, cutting an estimated $15.2M.
- 81 institutional investors held iShares California Muni Bond ETF (CMF) as of Q1 2017, down from 84 in Q4 2016.
- Funds reported $252M of iShares California Muni Bond ETF stock for Q1 2017, down 9.8% quarter-over-quarter.
- 8 funds opened new iShares California Muni Bond ETF positions in Q1 2017 and 9 closed out, a net change of -1 holder.
- The largest iShares California Muni Bond ETF buyer in Q1 2017 was Jane Street, an estimated $7.76M added.
- The largest iShares California Muni Bond ETF seller in Q1 2017 was Bank of America, an estimated $15.2M sold.
Based on aggregated 13F filings for Q1 2017.