iShares California Muni Bond ETF
123 hedge funds and large institutions have $576M invested in iShares California Muni Bond ETF in 2018 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 44 increasing their positions, 28 reducing their positions, and 10 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
57% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 28
16% more capital invested
Capital invested by funds: $496M → $576M (+$79.2M)
7% more funds holding
Funds holding: 115 → 123 (+8)
4.87% more ownership
Funds ownership: 47.44% → 52.31% (+4.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$34.7M |
| 2 |
BlackRock
New York
|
+$29M |
| 3 |
PFA
Pure Financial Advisors
San Diego,
California
|
+$10.6M |
| 4 |
Morgan Stanley
New York
|
+$3.63M |
| 5 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$3.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.46M |
| 2 |
Jane Street
New York
|
-$2.35M |
| 3 |
MWM
Mission Wealth Management
Santa Barbara,
California
|
-$2.25M |
| 4 |
PWM
Perigon Wealth Management
San Francisco,
California
|
-$2.18M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2M |
CMF Hedge Fund Activity: Q3 2018 in Review
123 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in iShares California Muni Bond ETF (CMF) for Q3 2018, worth a combined $576M — up 16% from $496M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new CMF positions and 10 closed out — a net gain of 8 holders — while 44 added to existing stakes and 28 trimmed.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $34.7M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $3.46M sold.
- 123 institutional investors held iShares California Muni Bond ETF (CMF) as of Q3 2018, up from 115 in Q2 2018.
- Funds reported $576M of iShares California Muni Bond ETF stock for Q3 2018, up 16% quarter-over-quarter.
- 18 funds opened new iShares California Muni Bond ETF positions in Q3 2018 and 10 closed out, a net change of +8 holders.
- The largest iShares California Muni Bond ETF buyer in Q3 2018 was Charles Schwab Investment Advisory, an estimated $34.7M added.
- The largest iShares California Muni Bond ETF seller in Q3 2018 was Susquehanna International Group, an estimated $3.46M sold.
Based on aggregated 13F filings for Q3 2018.