iShares High Yield Muni Active ETF
HIMU
266 hedge funds and large institutions have $1.65B invested in iShares High Yield Muni Active ETF in 2025 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 134 increasing their positions, 55 reducing their positions, and 20 closing their positions.
195% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 20
144% more repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 55
16% more funds holding
Funds holding: 229 → 266 (+37)
9% more capital invested
Capital invested by funds: $1.51B → $1.65B (+$133M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.16% less ownership
Funds ownership: 70.06% → 69.9% (-0.16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$20.7M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$18.4M |
| 3 |
LPL Financial
San Diego,
California
|
+$14.1M |
| 4 |
KIM
Kestra Investment Management
Austin,
Texas
|
+$13.3M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$8.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$19.4M |
| 2 |
BlackRock
New York
|
-$8.44M |
| 3 |
KCM
KM Capital Management
Austin,
Texas
|
-$6.04M |
| 4 |
Jones Financial Companies
Des Peres,
Missouri
|
-$3.67M |
| 5 |
AG
Ascent Group
Virginia Beach,
Virginia
|
-$2.33M |
HIMU Hedge Fund Activity: Q4 2025 in Review
266 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in iShares High Yield Muni Active ETF (HIMU) for Q4 2025, worth a combined $1.65B — up 8.8% from $1.51B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new HIMU positions and 20 closed out — a net gain of 39 holders — while 134 added to existing stakes and 55 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $20.7M. The largest seller was JP Morgan Chase, cutting an estimated $19.4M.
- 266 institutional investors held iShares High Yield Muni Active ETF (HIMU) as of Q4 2025, up from 229 in Q3 2025.
- Funds reported $1.65B of iShares High Yield Muni Active ETF stock for Q4 2025, up 8.8% quarter-over-quarter.
- 59 funds opened new iShares High Yield Muni Active ETF positions in Q4 2025 and 20 closed out, a net change of +39 holders.
- The largest iShares High Yield Muni Active ETF buyer in Q4 2025 was Morgan Stanley, an estimated $20.7M added.
- The largest iShares High Yield Muni Active ETF seller in Q4 2025 was JP Morgan Chase, an estimated $19.4M sold.
Based on aggregated 13F filings for Q4 2025.