iShares California Muni Bond ETF
182 hedge funds and large institutions have $986M invested in iShares California Muni Bond ETF in 2021 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 69 increasing their positions, 55 reducing their positions, and 13 closing their positions.
170% more capital inflows, than outflows
Capital inflows: $93.9M | Capital outflows: $34.8M
54% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 13
25% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 55
3% more funds holding
Funds holding: 176 → 182 (+6)
0.36% more ownership
Funds ownership: 57.06% → 57.41% (+0.36%)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab Investment Advisory
San Francisco,
California
|
+$25.9M |
| 2 |
EP Wealth Advisors
Torrance,
California
|
+$16.8M |
| 3 |
Morgan Stanley
New York
|
+$5.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$5.89M |
| 5 |
Opes Wealth Management
Menlo Park,
California
|
+$5.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$5.31M |
| 2 |
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$4.43M |
| 3 |
First Foundation Advisors
Irvine,
California
|
-$3.28M |
| 4 |
Parker Investment Management
Menlo Park,
California
|
-$1.94M |
| 5 |
Aaron Wealth Advisors
Chicago,
Illinois
|
-$1.45M |
CMF Hedge Fund Activity: Q1 2021 in Review
182 of the 5,714 institutional investors tracked by Wall St. Rank reported a position in iShares California Muni Bond ETF (CMF) for Q1 2021, worth a combined $986M — up 3.2% from $955M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new CMF positions and 13 closed out — a net gain of 7 holders — while 69 added to existing stakes and 55 trimmed.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $25.9M. The largest seller was Qube Research & Technologies (QRT), cutting an estimated $5.31M.
- 182 institutional investors held iShares California Muni Bond ETF (CMF) as of Q1 2021, up from 176 in Q4 2020.
- Funds reported $986M of iShares California Muni Bond ETF stock for Q1 2021, up 3.2% quarter-over-quarter.
- 20 funds opened new iShares California Muni Bond ETF positions in Q1 2021 and 13 closed out, a net change of +7 holders.
- The largest iShares California Muni Bond ETF buyer in Q1 2021 was Charles Schwab Investment Advisory, an estimated $25.9M added.
- The largest iShares California Muni Bond ETF seller in Q1 2021 was Qube Research & Technologies (QRT), an estimated $5.31M sold.
Based on aggregated 13F filings for Q1 2021.