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iShares California Muni Bond ETF

300 hedge funds and large institutions have $2.93B invested in iShares California Muni Bond ETF in 2024 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 143 increasing their positions, 54 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

165% more repeat investments, than reductions

Existing positions increased: 143 | Existing positions reduced: 54

138% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 24

14% more capital invested

Capital invested by funds: $2.56B → $2.93B (+$370M)

11% more funds holding

Funds holding: 271300 (+29)

3.06% more ownership

Funds ownership: 77.55%80.61% (+3.1%)

11% less funds holding in top 10

Funds holding in top 10: 1816 (-2)

Holders
300
Holders Change
+29
Holders Change %
+10.7%
% of All Funds
3.95%
Holding in Top 10
16
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-11.11%
% of All Funds
0.21%
New
57
Increased
143
Reduced
54
Closed
24
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Charles Schwab
1
Charles Schwab
California
$630M -$129M -2,250,461 -17%
Wealthfront Advisers
2
Wealthfront Advisers
California
$391M +$391M +6,807,783 +34,881%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$317M -$21.6M -375,259 -6%
Morgan Stanley
4
Morgan Stanley
New York
$105M +$2.52M +43,898 +2%
Bank of America
5
Bank of America
North Carolina
$97M +$19.3M +335,577 +25%
EWA
6
EP Wealth Advisors
California
$81.5M +$6.54M +113,763 +9%
FWI
7
Facet Wealth Inc
Maryland
$65.4M +$9.03M +156,961 +16%
B
8
Bailard
California
$60.9M +$12.3M +213,617 +25%
Mariner
9
Mariner
Kansas
$50.5M +$4.76M +82,766 +10%
LPL Financial
10
LPL Financial
California
$47.3M +$4.88M +84,863 +11%
UBS Group
11
UBS Group
Switzerland
$45.4M -$2.64M -45,989 -5%
Northwestern Mutual Wealth Management
12
Northwestern Mutual Wealth Management
Wisconsin
$42.5M +$26.8M +465,247 +169%
Wells Fargo
13
Wells Fargo
California
$37.4M -$1.08M -18,800 -3%
TIAA Trust, National Association
14
TIAA Trust, National Association
North Carolina
$34.3M -$2.5M -43,392 -7%
FFA
15
First Foundation Advisors
California
$32.2M +$961K +16,717 +3%
Envestnet Asset Management
16
Envestnet Asset Management
Illinois
$27.8M +$1.65M +28,621 +6%
JP Morgan Chase
17
JP Morgan Chase
New York
$27.1M +$3.58M +62,245 +15%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$25.7M +$1.25M +21,745 +5%
APM
19
a16z Perennial Management
California
$23.9M
BC
20
Brio Consultants
California
$23.6M +$203K +3,534 +0.9%
RBCM
21
Raub Brock Capital Management
California
$23.6M +$223K +3,880 +1%
BlackRock
22
BlackRock
New York
$21.3M +$8.03M +139,660 +60%
OGF
23
Orin Green Financial
California
$21.2M -$20.8M -362,087 Closed
RWP
24
RWA Wealth Partners
Massachusetts
$21M +$279K +4,860 +1%
OWM
25
Opes Wealth Management
California
$19.7M +$1.14M +19,878 +6%

CMF Hedge Fund Activity: Q4 2024 in Review

300 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in iShares California Muni Bond ETF (CMF) for Q4 2024, worth a combined $2.93B — up 14% from $2.56B a quarter earlier.

Buyers outnumbered sellers: 57 funds opened new CMF positions and 24 closed out — a net gain of 33 holders — while 143 added to existing stakes and 54 trimmed.

The largest buyer was Wealthfront Advisers, adding an estimated $391M. The largest seller was Charles Schwab, cutting an estimated $129M.

  • 300 institutional investors held iShares California Muni Bond ETF (CMF) as of Q4 2024, up from 271 in Q3 2024.
  • Funds reported $2.93B of iShares California Muni Bond ETF stock for Q4 2024, up 14% quarter-over-quarter.
  • 57 funds opened new iShares California Muni Bond ETF positions in Q4 2024 and 24 closed out, a net change of +33 holders.
  • The largest iShares California Muni Bond ETF buyer in Q4 2024 was Wealthfront Advisers, an estimated $391M added.
  • The largest iShares California Muni Bond ETF seller in Q4 2024 was Charles Schwab, an estimated $129M sold.

Based on aggregated 13F filings for Q4 2024.