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iShares California Muni Bond ETF

353 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 36 funds opening new positions, 165 increasing their positions, 86 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

92% more repeat investments, than reductions

Existing positions increased: 165 | Existing positions reduced: 86

50% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 24

8% more capital invested

Capital invested by funds: $2.87B → $3.11B (+$238M)

1% more funds holding

Funds holding: 351353 (+2)

1.38% less ownership

Funds ownership: 69.95%68.57% (-1.4%)

31% less funds holding in top 10

Funds holding in top 10: 139 (-4)

Holders
353
Holders Change
+2
Holders Change %
+0.57%
% of All Funds
4.26%
Holding in Top 10
9
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-30.77%
% of All Funds
0.11%
New
36
Increased
165
Reduced
86
Closed
24
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Charles Schwab
1
Charles Schwab
California
$565M +$74.4M +1,298,720 +15%
Wealthfront Advisers
2
Wealthfront Advisers
California
$419M +$61.6M +1,076,603 +17%
Bank of America
3
Bank of America
North Carolina
$114M +$7.94M +138,666 +8%
Morgan Stanley
4
Morgan Stanley
New York
$112M +$3.65M +63,696 +3%
FWI
5
Facet Wealth Inc
Maryland
$101M +$9.69M +169,335 +11%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$100M -$3.71M -64,816 -4%
EWA
7
EP Wealth Advisors
California
$97.5M +$29.2M +510,501 +43%
SC
8
Syon Capital
California
$80.4M +$2.49M +43,569 +3%
LPL Financial
9
LPL Financial
California
$75.6M +$9.35M +163,261 +14%
B
10
Bailard
California
$69.9M -$1.21M -21,191 -2%
Envestnet Asset Management
11
Envestnet Asset Management
Illinois
$64.5M +$5.57M +97,204 +10%
Mariner
12
Mariner
Kansas
$53.7M +$735K +12,841 +1%
BlackRock
13
BlackRock
New York
$49.9M -$969K -16,932 -2%
JP Morgan Chase
14
JP Morgan Chase
New York
$39.8M +$509K +8,891 +1%
Wells Fargo
15
Wells Fargo
California
$38.4M +$548K +9,573 +1%
TCIIS
16
TIAA-CREF Individual & Institutional Services
New York
$38.4M +$156K +2,727 +0.4%
Mercer Global Advisors
17
Mercer Global Advisors
Colorado
$36M -$1.87M -32,606 -5%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$29.4M +$2.21M +38,582 +8%
UBS Group
19
UBS Group
Switzerland
$29M -$1.63M -28,431 -5%
GC
20
Guggenheim Capital
Illinois
$27.5M +$4.68M +81,660 +21%
Focus Partners Wealth
21
Focus Partners Wealth
Massachusetts
$26.2M +$2.91M +50,819 +13%
AssetMark Inc
22
AssetMark Inc
California
$25.1M +$2.54M +44,352 +11%
Cerity Partners
23
Cerity Partners
New York
$22.5M +$3.41M +59,514 +18%
WWG
24
West Wealth Group
California
$22.2M +$3.04M +53,024 +16%
CAPTRUST Financial Advisors
25
CAPTRUST Financial Advisors
North Carolina
$21.8M +$1.24M +21,653 +6%

CMF Hedge Fund Activity: Q2 2026 in Review

353 of the 8,279 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: 36 funds opened new CMF positions and 24 closed out — a net gain of 12 holders — while 165 added to existing stakes and 86 trimmed.

The largest buyer was Charles Schwab, adding an estimated $74.4M. The largest seller was Beacon Pointe Advisors, cutting an estimated $12.5M.

  • 353 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.
  • 36 funds opened new iShares California Muni Bond ETF positions in Q2 2026 and 24 closed out, a net change of +12 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.