iShares California Muni Bond ETF
90 hedge funds and large institutions have $266M invested in iShares California Muni Bond ETF in 2017 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 33 increasing their positions, 24 reducing their positions, and 4 closing their positions.
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
38% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 24
11% more funds holding
Funds holding: 81 → 90 (+9)
6% more capital invested
Capital invested by funds: $252M → $266M (+$14.8M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.12% less ownership
Funds ownership: 69.26% → 69.14% (-0.12%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$7.04M |
| 2 |
B
Bailard
Foster City,
California
|
+$3.44M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.16M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.74M |
| 5 |
Goldman Sachs
New York
|
+$1.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$4.25M |
| 2 |
Jane Street
New York
|
-$2.49M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.01M |
| 4 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$976K |
| 5 |
MWM
Mission Wealth Management
Santa Barbara,
California
|
-$808K |
CMF Hedge Fund Activity: Q2 2017 in Review
90 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in iShares California Muni Bond ETF (CMF) for Q2 2017, worth a combined $266M — up 5.9% from $252M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new CMF positions and 4 closed out — a net gain of 9 holders — while 33 added to existing stakes and 24 trimmed.
The largest buyer was Bank of America, adding an estimated $7.04M. The largest seller was Virtu KCG Holdings, cutting an estimated $4.25M.
- 90 institutional investors held iShares California Muni Bond ETF (CMF) as of Q2 2017, up from 81 in Q1 2017.
- Funds reported $266M of iShares California Muni Bond ETF stock for Q2 2017, up 5.9% quarter-over-quarter.
- 13 funds opened new iShares California Muni Bond ETF positions in Q2 2017 and 4 closed out, a net change of +9 holders.
- The largest iShares California Muni Bond ETF buyer in Q2 2017 was Bank of America, an estimated $7.04M added.
- The largest iShares California Muni Bond ETF seller in Q2 2017 was Virtu KCG Holdings, an estimated $4.25M sold.
Based on aggregated 13F filings for Q2 2017.