iShares California Muni Bond ETF
135 hedge funds and large institutions have $654M invested in iShares California Muni Bond ETF in 2019 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 48 increasing their positions, 37 reducing their positions, and 13 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 37
10% more capital invested
Capital invested by funds: $596M → $654M (+$57.9M)
8% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 13
0% more funds holding
Funds holding: 135 → 135 (0)
0.21% less ownership
Funds ownership: 52.56% → 52.35% (-0.21%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$25.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$10.3M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$8.25M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$3.96M |
| 5 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$2.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
Mission Wealth Management
Santa Barbara,
California
|
-$5.8M |
| 2 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$3.19M |
| 3 |
Bank of New York Mellon
New York
|
-$2.55M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$894K |
| 5 |
BPC
Banque Pictet & Cie
Geneva 73,
Switzerland
|
-$843K |
CMF Hedge Fund Activity: Q2 2019 in Review
135 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in iShares California Muni Bond ETF (CMF) for Q2 2019, worth a combined $654M — up 9.7% from $596M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new CMF positions and 13 closed out — a net gain of 1 holder — while 48 added to existing stakes and 37 trimmed.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $25.9M. The largest seller was Mission Wealth Management, cutting an estimated $5.8M.
- 135 institutional investors held iShares California Muni Bond ETF (CMF) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $654M of iShares California Muni Bond ETF stock for Q2 2019, up 9.7% quarter-over-quarter.
- 14 funds opened new iShares California Muni Bond ETF positions in Q2 2019 and 13 closed out, a net change of +1 holder.
- The largest iShares California Muni Bond ETF buyer in Q2 2019 was Charles Schwab Investment Advisory, an estimated $25.9M added.
- The largest iShares California Muni Bond ETF seller in Q2 2019 was Mission Wealth Management, an estimated $5.8M sold.
Based on aggregated 13F filings for Q2 2019.