iShares California Muni Bond ETF
356 hedge funds and large institutions have $3.11B invested in iShares California Muni Bond ETF in 2026 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 165 increasing their positions, 87 reducing their positions, and 24 closing their positions.
90% more repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 87
54% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 24
8% more capital invested
Capital invested by funds: $2.87B → $3.11B (+$239M)
1% more funds holding
Funds holding: 351 → 356 (+5)
1.37% less ownership
Funds ownership: 69.95% → 68.58% (-1.4%)
31% less funds holding in top 10
Funds holding in top 10: 13 → 9 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$74.4M |
| 2 |
Wealthfront Advisers
Palo Alto,
California
|
+$61.6M |
| 3 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$29.2M |
| 4 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
+$10M |
| 5 |
FWI
Facet Wealth Inc
Baltimore,
Maryland
|
+$9.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$12.5M |
| 2 |
Jane Street
New York
|
-$9.81M |
| 3 |
SPIA
Steward Partners Investment Advisory
New York
|
-$9.43M |
| 4 |
MWAM
Manhattan West Asset Management
Los Angeles,
California
|
-$4.15M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.71M |
CMF Hedge Fund Activity: Q2 2026 in Review
356 of the 8,348 institutional investors tracked by Wall St. Rank reported a position in iShares California Muni Bond ETF (CMF) for Q2 2026, worth a combined $3.11B — up 8.3% from $2.87B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new CMF positions and 24 closed out — a net gain of 13 holders — while 165 added to existing stakes and 87 trimmed.
The largest buyer was Charles Schwab, adding an estimated $74.4M. The largest seller was Beacon Pointe Advisors, cutting an estimated $12.5M.
- 356 institutional investors held iShares California Muni Bond ETF (CMF) as of Q2 2026, up from 351 in Q1 2026.
- Funds reported $3.11B of iShares California Muni Bond ETF stock for Q2 2026, up 8.3% quarter-over-quarter.
- 37 funds opened new iShares California Muni Bond ETF positions in Q2 2026 and 24 closed out, a net change of +13 holders.
- The largest iShares California Muni Bond ETF buyer in Q2 2026 was Charles Schwab, an estimated $74.4M added.
- The largest iShares California Muni Bond ETF seller in Q2 2026 was Beacon Pointe Advisors, an estimated $12.5M sold.
Based on aggregated 13F filings for Q2 2026.