iShares iBonds Sep 2018 Term Muni Bond ETF
IBMG
IBMG was delisted on the 4th of September, 2018.
50 hedge funds and large institutions have $79M invested in iShares iBonds Sep 2018 Term Muni Bond ETF in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 23 increasing their positions, 14 reducing their positions, and 5 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 14
13% more capital invested
Capital invested by funds: $70.2M → $79M (+$8.82M)
6% less funds holding
Funds holding: 53 → 50 (-3)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.07M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$1.5M |
| 3 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
+$1.43M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.28M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$865K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.37M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$857K |
| 3 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
-$769K |
| 4 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$382K |
| 5 |
LBC
Lawrence B. Cohen
|
-$299K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LBC
51
Lawrence B. Cohen
| – | -$299K | -11,642 | Closed |
|
52
HighTower Advisors
Chicago,
Illinois
| – | -$242K | -9,443 | Closed |
|
|
SCM
53
Southport Capital Management
Chattanooga,
Tennessee
| – | -$210K | -8,183 | Closed |
|
|
SEIA
54
Signature Estate & Investment Advisors
Los Angeles,
California
| – | -$141K | -5,498 | Closed |
|
IBMG Hedge Fund Activity: Q3 2016 in Review
50 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in iShares iBonds Sep 2018 Term Muni Bond ETF (IBMG) for Q3 2016, worth a combined $79M — up 13% from $70.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of IBMG and 3 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 23 added.
The largest buyer was Morgan Stanley, adding an estimated $4.07M. The largest seller was Jane Street, cutting an estimated $1.37M.
- 50 institutional investors held iShares iBonds Sep 2018 Term Muni Bond ETF (IBMG) as of Q3 2016, down from 53 in Q2 2016.
- Funds reported $79M of iShares iBonds Sep 2018 Term Muni Bond ETF stock for Q3 2016, up 13% quarter-over-quarter.
- 3 funds opened new iShares iBonds Sep 2018 Term Muni Bond ETF positions in Q3 2016 and 5 closed out, a net change of -2 holders.
- The largest iShares iBonds Sep 2018 Term Muni Bond ETF buyer in Q3 2016 was Morgan Stanley, an estimated $4.07M added.
- The largest iShares iBonds Sep 2018 Term Muni Bond ETF seller in Q3 2016 was Jane Street, an estimated $1.37M sold.
Based on aggregated 13F filings for Q3 2016.