iShares California Muni Bond ETF
CMF
257 hedge funds and large institutions have $2.14B invested in iShares California Muni Bond ETF in 2024 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 115 increasing their positions, 63 reducing their positions, and 18 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 63
72% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 18
4% more funds holding
Funds holding: 247 → 257 (+10)
3% more capital invested
Capital invested by funds: $2.08B → $2.14B (+$58.7M)
1.08% less ownership
Funds ownership: 76.74% → 75.66% (-1.1%)
8% less funds holding in top 10
Funds holding in top 10: 13 → 12 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$32.3M |
| 2 |
B
Bailard
Foster City,
California
|
+$29.8M |
| 3 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$28.8M |
| 4 |
Jane Street
New York
|
+$19.6M |
| 5 |
FWI
Facet Wealth Inc
Baltimore,
Maryland
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OGF
Orin Green Financial
San Diego,
California
|
-$19.1M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$18.4M |
| 3 |
FCG
Financial Connections Group
Corte Madera,
California
|
-$15.5M |
| 4 |
BlackRock
New York
|
-$9.97M |
| 5 |
Renaissance Technologies
New York
|
-$9.33M |
CMF Hedge Fund Activity: Q1 2024 in Review
257 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in iShares California Muni Bond ETF (CMF) for Q1 2024, worth a combined $2.14B — up 2.8% from $2.08B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new CMF positions and 18 closed out — a net gain of 13 holders — while 115 added to existing stakes and 63 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $32.3M. The largest seller was Orin Green Financial, exiting entirely with an estimated $19.1M sold.
- 257 institutional investors held iShares California Muni Bond ETF (CMF) as of Q1 2024, up from 247 in Q4 2023.
- Funds reported $2.14B of iShares California Muni Bond ETF stock for Q1 2024, up 2.8% quarter-over-quarter.
- 31 funds opened new iShares California Muni Bond ETF positions in Q1 2024 and 18 closed out, a net change of +13 holders.
- The largest iShares California Muni Bond ETF buyer in Q1 2024 was Fidelity Investments, an estimated $32.3M added.
- The largest iShares California Muni Bond ETF seller in Q1 2024 was Orin Green Financial, an estimated $19.1M sold.
Based on aggregated 13F filings for Q1 2024.