iShares GNMA Bond ETF
GNMA
114 hedge funds and large institutions have $332M invested in iShares GNMA Bond ETF in 2025 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 36 increasing their positions, 45 reducing their positions, and 10 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
12% more capital invested
Capital invested by funds: $296M → $332M (+$35.4M)
2.75% more ownership
Funds ownership: 77.22% → 79.97% (+2.8%)
1% less funds holding
Funds holding: 115 → 114 (-1)
20% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$36M |
| 2 |
BlackRock
New York
|
+$18.1M |
| 3 |
LPL Financial
San Diego,
California
|
+$8.63M |
| 4 |
C
Croban
Fremont,
Ohio
|
+$2.23M |
| 5 |
FMII
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
|
+$1.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$35.9M |
| 2 |
Goldman Sachs
New York
|
-$1.85M |
| 3 |
Jane Street
New York
|
-$1.5M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
-$1.14M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$876K |
GNMA Hedge Fund Activity: Q4 2025 in Review
114 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in iShares GNMA Bond ETF (GNMA) for Q4 2025, worth a combined $332M — up 12% from $296M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new GNMA positions and 10 closed out — a net gain of 3 holders — while 36 added to existing stakes and 45 trimmed.
The largest buyer was Focus Partners Wealth, adding an estimated $36M. The largest seller was Kovitz Investment Group Partners, exiting entirely with an estimated $35.9M sold.
- 114 institutional investors held iShares GNMA Bond ETF (GNMA) as of Q4 2025, down from 115 in Q3 2025.
- Funds reported $332M of iShares GNMA Bond ETF stock for Q4 2025, up 12% quarter-over-quarter.
- 13 funds opened new iShares GNMA Bond ETF positions in Q4 2025 and 10 closed out, a net change of +3 holders.
- The largest iShares GNMA Bond ETF buyer in Q4 2025 was Focus Partners Wealth, an estimated $36M added.
- The largest iShares GNMA Bond ETF seller in Q4 2025 was Kovitz Investment Group Partners, an estimated $35.9M sold.
Based on aggregated 13F filings for Q4 2025.