iShares iBonds Sep 2018 Term Muni Bond ETF
IBMG
IBMG was delisted on the 4th of September, 2018.
77 hedge funds and large institutions have $107M invested in iShares iBonds Sep 2018 Term Muni Bond ETF in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 18 increasing their positions, 31 reducing their positions, and 7 closing their positions.
5% less funds holding
Funds holding: 81 → 77 (-4)
18% less capital invested
Capital invested by funds: $132M → $107M (-$24.3M)
42% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 31
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.41M |
| 2 |
ADL
Asset Dedication LLC
San Francisco,
California
|
+$1.11M |
| 3 |
US Bancorp
Minneapolis,
Minnesota
|
+$1.08M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$629K |
| 5 |
WF
WealthTrust Fairport
Cleveland,
Ohio
|
+$535K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Vigilant Capital Management
Portland,
Maine
|
-$6.29M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$6.14M |
| 3 |
Jane Street
New York
|
-$5.23M |
| 4 |
Morgan Stanley
New York
|
-$4.15M |
| 5 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
-$2.29M |
IBMG Hedge Fund Activity: Q1 2018 in Review
77 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in iShares iBonds Sep 2018 Term Muni Bond ETF (IBMG) for Q1 2018, worth a combined $107M — down 18% from $132M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of IBMG and 4 opened new positions — a net loss of 3 holders — while 31 trimmed existing stakes and 18 added.
The largest buyer was Susquehanna International Group, adding an estimated $2.41M. The largest seller was Vigilant Capital Management, cutting an estimated $6.29M.
- 77 institutional investors held iShares iBonds Sep 2018 Term Muni Bond ETF (IBMG) as of Q1 2018, down from 81 in Q4 2017.
- Funds reported $107M of iShares iBonds Sep 2018 Term Muni Bond ETF stock for Q1 2018, down 18% quarter-over-quarter.
- 4 funds opened new iShares iBonds Sep 2018 Term Muni Bond ETF positions in Q1 2018 and 7 closed out, a net change of -3 holders.
- The largest iShares iBonds Sep 2018 Term Muni Bond ETF buyer in Q1 2018 was Susquehanna International Group, an estimated $2.41M added.
- The largest iShares iBonds Sep 2018 Term Muni Bond ETF seller in Q1 2018 was Vigilant Capital Management, an estimated $6.29M sold.
Based on aggregated 13F filings for Q1 2018.