iShares iBonds Sep 2017 Term Muni Bond ETF
IBMF
IBMF was delisted on the 1st of September, 2017.
54 hedge funds and large institutions have $81.8M invested in iShares iBonds Sep 2017 Term Muni Bond ETF in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 24 increasing their positions, 11 reducing their positions, and 7 closing their positions.
118% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 11
5% less capital invested
Capital invested by funds: $85.8M → $81.8M (-$3.99M)
7% less funds holding
Funds holding: 58 → 54 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.05M |
| 2 |
VCM
Vigilant Capital Management
Portland,
Maine
|
+$797K |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$471K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$430K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$322K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$2.72M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.24M |
| 3 |
Jane Street
New York
|
-$1.69M |
| 4 |
CG
Colony Group
Boston,
Massachusetts
|
-$659K |
| 5 |
ONB
Old National Bancorp
Evansville,
Indiana
|
-$414K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Creative Planning
Overland Park,
Kansas
| $10K | +$9.98K | +364 | New |
|
|
AWM
52
Avior Wealth Management
Omaha,
Nebraska
| $3K | – | – | – |
|
|
BIM
53
BlackRock Investment Management
Wilmington,
Delaware
| $3K | – | – | – |
|
|
NC
54
NewSquare Capital
Newtown Square,
Pennsylvania
| $1K | -$238K | -8,663 | -100% |
|
|
CIM
55
Confluence Investment Management
St. Louis,
Missouri
| – | -$2.72M | -99,413 | Closed |
|
|
56
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$2.24M | -81,924 | Closed |
|
|
CG
57
Colony Group
Boston,
Massachusetts
| – | -$659K | -24,111 | Closed |
|
|
ONB
58
Old National Bancorp
Evansville,
Indiana
| – | -$414K | -15,140 | Closed |
|
|
LWAC
59
Laurel Wealth Advisors (California)
Solana Beach,
California
| – | -$219K | -7,992 | Closed |
|
|
IA
60
IFP Advisors
Tampa,
Florida
| – | -$166K | -6,076 | Closed |
|
|
AF
61
Allworth Financial
Folsom,
California
| – | -$16K | -568 | Closed |
|
IBMF Hedge Fund Activity: Q1 2016 in Review
54 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in iShares iBonds Sep 2017 Term Muni Bond ETF (IBMF) for Q1 2016, worth a combined $81.8M — down 4.6% from $85.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of IBMF and 3 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 24 added.
The largest buyer was Royal Bank of Canada, adding an estimated $1.05M. The largest seller was Confluence Investment Management, exiting entirely with an estimated $2.72M sold.
- 54 institutional investors held iShares iBonds Sep 2017 Term Muni Bond ETF (IBMF) as of Q1 2016, down from 58 in Q4 2015.
- Funds reported $81.8M of iShares iBonds Sep 2017 Term Muni Bond ETF stock for Q1 2016, down 4.6% quarter-over-quarter.
- 3 funds opened new iShares iBonds Sep 2017 Term Muni Bond ETF positions in Q1 2016 and 7 closed out, a net change of -4 holders.
- The largest iShares iBonds Sep 2017 Term Muni Bond ETF buyer in Q1 2016 was Royal Bank of Canada, an estimated $1.05M added.
- The largest iShares iBonds Sep 2017 Term Muni Bond ETF seller in Q1 2016 was Confluence Investment Management, an estimated $2.72M sold.
Based on aggregated 13F filings for Q1 2016.