iShares iBonds Sep 2018 Term Muni Bond ETF
IBMG
IBMG was delisted on the 4th of September, 2018.
60 hedge funds and large institutions have $90.4M invested in iShares iBonds Sep 2018 Term Muni Bond ETF in 2016 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 24 increasing their positions, 12 reducing their positions, and 2 closing their positions.
500% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 2
100% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 12
20% more funds holding
Funds holding: 50 → 60 (+10)
14% more capital invested
Capital invested by funds: $79M → $90.4M (+$11.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
US Bancorp
Minneapolis,
Minnesota
|
+$4M |
| 2 |
Morgan Stanley
New York
|
+$2.02M |
| 3 |
MG
Mather Group
Chicago,
Illinois
|
+$1.76M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$1.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$891K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.81M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$346K |
| 3 |
VCM
Vigilant Capital Management
Portland,
Maine
|
-$297K |
| 4 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$296K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$270K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
51
IFP Advisors
Tampa,
Florida
| $91K | -$9.29K | -365 | -9% |
|
|
NCM
52
New Capital Management
Houston,
Texas
| $88K | +$88.4K | +3,475 | New |
|
|
LTFS
53
Ladenburg Thalmann Financial Services
Miami,
Florida
| $87K | – | – | – |
|
54
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $35K | +$76 | +3 | +0.2% |
|
|
PFGIA
55
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $34K | +$33.7K | +1,324 | New |
|
|
CCM
56
Cribstone Capital Management
Augusta,
Maine
| $25K | – | – | – |
|
57
First Manhattan
New York
| $9K | – | – | – |
|
|
BIM
58
BlackRock Investment Management
Wilmington,
Delaware
| $3K | – | – | – |
|
|
VIA
59
Vantage Investment Advisors
State College,
Pennsylvania
| $1K | -$5.85K | -230 | -82% |
|
|
60
Envestnet Asset Management
Chicago,
Illinois
| – | -$4.81M | -188,200 | Closed |
|
|
AEPG
61
American Economic Planning Group
Warren,
New Jersey
| – | -$201K | -7,843 | Closed |
|
IBMG Hedge Fund Activity: Q4 2016 in Review
60 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in iShares iBonds Sep 2018 Term Muni Bond ETF (IBMG) for Q4 2016, worth a combined $90.4M — up 14% from $79M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new IBMG positions and 2 closed out — a net gain of 10 holders — while 24 added to existing stakes and 12 trimmed.
The largest buyer was US Bancorp, adding an estimated $4M. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $4.81M sold.
- 60 institutional investors held iShares iBonds Sep 2018 Term Muni Bond ETF (IBMG) as of Q4 2016, up from 50 in Q3 2016.
- Funds reported $90.4M of iShares iBonds Sep 2018 Term Muni Bond ETF stock for Q4 2016, up 14% quarter-over-quarter.
- 12 funds opened new iShares iBonds Sep 2018 Term Muni Bond ETF positions in Q4 2016 and 2 closed out, a net change of +10 holders.
- The largest iShares iBonds Sep 2018 Term Muni Bond ETF buyer in Q4 2016 was US Bancorp, an estimated $4M added.
- The largest iShares iBonds Sep 2018 Term Muni Bond ETF seller in Q4 2016 was Envestnet Asset Management, an estimated $4.81M sold.
Based on aggregated 13F filings for Q4 2016.