iShares California Muni Bond ETF
219 hedge funds and large institutions have $1.6B invested in iShares California Muni Bond ETF in 2023 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 94 increasing their positions, 57 reducing their positions, and 13 closing their positions.
123% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 13
65% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 57
7% more funds holding
Funds holding: 205 → 219 (+14)
2.86% more ownership
Funds ownership: 70.66% → 73.51% (+2.9%)
2% more capital invested
Capital invested by funds: $1.58B → $1.6B (+$28M)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $691K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$87.6M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$28.4M |
| 3 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$24.4M |
| 4 |
Jane Street
New York
|
+$20M |
| 5 |
JP Morgan Chase
New York
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$97.7M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$10.8M |
| 3 |
SC
Slow Capital
Greenbrae,
California
|
-$10.8M |
| 4 |
FCG
Financial Connections Group
Corte Madera,
California
|
-$10.6M |
| 5 |
Mercer Global Advisors
Denver,
Colorado
|
-$8.63M |
CMF Hedge Fund Activity: Q3 2023 in Review
219 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in iShares California Muni Bond ETF (CMF) for Q3 2023, worth a combined $1.6B — up 1.8% from $1.58B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new CMF positions and 13 closed out — a net gain of 16 holders — while 94 added to existing stakes and 57 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $87.6M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $97.7M.
- 219 institutional investors held iShares California Muni Bond ETF (CMF) as of Q3 2023, up from 205 in Q2 2023.
- Funds reported $1.6B of iShares California Muni Bond ETF stock for Q3 2023, up 1.8% quarter-over-quarter.
- 29 funds opened new iShares California Muni Bond ETF positions in Q3 2023 and 13 closed out, a net change of +16 holders.
- The largest iShares California Muni Bond ETF buyer in Q3 2023 was Fidelity Investments, an estimated $87.6M added.
- The largest iShares California Muni Bond ETF seller in Q3 2023 was Charles Schwab Investment Advisory, an estimated $97.7M sold.
Based on aggregated 13F filings for Q3 2023.