iShares California Muni Bond ETF
205 hedge funds and large institutions have $1.58B invested in iShares California Muni Bond ETF in 2023 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 100 increasing their positions, 50 reducing their positions, and 14 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 50
6% more capital invested
Capital invested by funds: $1.48B → $1.58B (+$93.4M)
7% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 14
0% more funds holding
Funds holding: 205 → 205 (0)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
1.12% less ownership
Funds ownership: 71.77% → 70.66% (-1.1%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $682K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWI
Facet Wealth Inc
Baltimore,
Maryland
|
+$15.6M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$11.1M |
| 3 |
FFA
First Foundation Advisors
Irvine,
California
|
+$10.1M |
| 4 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$8.56M |
| 5 |
PCIA
Prime Capital Investment Advisors
Overland Park,
Kansas
|
+$7.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$6.2M |
| 2 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
-$3.92M |
| 3 |
AWS
Atria Wealth Solutions
New York
|
-$3.78M |
| 4 |
Jane Street
New York
|
-$2.91M |
| 5 |
EWA
EP Wealth Advisors
Torrance,
California
|
-$2.33M |
CMF Hedge Fund Activity: Q2 2023 in Review
205 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in iShares California Muni Bond ETF (CMF) for Q2 2023, worth a combined $1.58B — up 6.3% from $1.48B a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new CMF positions and 14 closed out — a net gain of 1 holder — while 100 added to existing stakes and 50 trimmed.
The largest buyer was Facet Wealth Inc, opening a new position worth an estimated $15.6M. The largest seller was Renaissance Technologies, cutting an estimated $6.2M.
- 205 institutional investors held iShares California Muni Bond ETF (CMF) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $1.58B of iShares California Muni Bond ETF stock for Q2 2023, up 6.3% quarter-over-quarter.
- 15 funds opened new iShares California Muni Bond ETF positions in Q2 2023 and 14 closed out, a net change of +1 holder.
- The largest iShares California Muni Bond ETF buyer in Q2 2023 was Facet Wealth Inc, an estimated $15.6M added.
- The largest iShares California Muni Bond ETF seller in Q2 2023 was Renaissance Technologies, an estimated $6.2M sold.
Based on aggregated 13F filings for Q2 2023.