iShares California Muni Bond ETF
209 hedge funds and large institutions have $1.36B invested in iShares California Muni Bond ETF in 2022 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 81 increasing their positions, 56 reducing their positions, and 17 closing their positions.
129% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 17
54% more call options, than puts
Call options by funds: $466K | Put options by funds: $303K
45% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 56
29% more capital invested
Capital invested by funds: $1.05B → $1.36B (+$310M)
8% more funds holding
Funds holding: 193 → 209 (+16)
6.05% more ownership
Funds ownership: 62.53% → 68.58% (+6%)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$55.7M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$36.4M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$30.7M |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$27.3M |
| 5 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$21.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$34M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$10.5M |
| 3 |
LPL Financial
San Diego,
California
|
-$8.71M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$7.66M |
| 5 |
WP
WealthSource Partners
San Luis Obispo,
California
|
-$5.59M |
CMF Hedge Fund Activity: Q4 2022 in Review
209 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in iShares California Muni Bond ETF (CMF) for Q4 2022, worth a combined $1.36B — up 29% from $1.05B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new CMF positions and 17 closed out — a net gain of 22 holders — while 81 added to existing stakes and 56 trimmed.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $55.7M. The largest seller was Morgan Stanley, cutting an estimated $34M.
- 209 institutional investors held iShares California Muni Bond ETF (CMF) as of Q4 2022, up from 193 in Q3 2022.
- Funds reported $1.36B of iShares California Muni Bond ETF stock for Q4 2022, up 29% quarter-over-quarter.
- 39 funds opened new iShares California Muni Bond ETF positions in Q4 2022 and 17 closed out, a net change of +22 holders.
- The largest iShares California Muni Bond ETF buyer in Q4 2022 was Charles Schwab Investment Advisory, an estimated $55.7M added.
- The largest iShares California Muni Bond ETF seller in Q4 2022 was Morgan Stanley, an estimated $34M sold.
Based on aggregated 13F filings for Q4 2022.