iShares iBonds Sep 2020 Term Muni Bond ETF
IBMI
IBMI was delisted on the 1st of September, 2020.
124 hedge funds and large institutions have $230M invested in iShares iBonds Sep 2020 Term Muni Bond ETF in 2019 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 38 increasing their positions, 32 reducing their positions, and 9 closing their positions.
122% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 9
19% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 32
7% more capital invested
Capital invested by funds: $215M → $230M (+$15M)
7% more funds holding
Funds holding: 116 → 124 (+8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$4.59M |
| 2 |
EC
Estate Counselors
Thiensville,
Wisconsin
|
+$2.8M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.18M |
| 4 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$1.43M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$664K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$611K |
| 3 |
WI
WrapManager Inc
Mill Valley,
California
|
-$547K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$493K |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
-$488K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WI
126
WrapManager Inc
Mill Valley,
California
| – | -$547K | -21,419 | Closed |
|
127
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$297K | -11,642 | Closed |
|
|
FAIM
128
Financial Advocates Investment Management
Olympia,
Washington
| – | -$232K | -9,078 | Closed |
|
|
LFAS
129
Level Four Advisory Services
Dallas,
Texas
| – | -$230K | -9,000 | Closed |
|
|
SEIA
130
Signature Estate & Investment Advisors
Los Angeles,
California
| – | -$221K | -8,680 | Closed |
|
|
GWAG
131
Garrett Wealth Advisory Group
Weatherford,
Texas
| – | -$149K | -5,830 | Closed |
|
|
VFA
132
Valeo Financial Advisors
Carmel,
Indiana
| – | -$125K | -4,900 | Closed |
|
|
SWP
133
Strategic Wealth Partners
Independence,
Ohio
| – | -$25.3K | -4,530 | Closed |
|
|
FAAS
134
First Allied Advisory Services
San Diego,
California
| – | -$21K | -832 | Closed |
|
IBMI Hedge Fund Activity: Q4 2019 in Review
124 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in iShares iBonds Sep 2020 Term Muni Bond ETF (IBMI) for Q4 2019, worth a combined $230M — up 7% from $215M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new IBMI positions and 9 closed out — a net gain of 11 holders — while 38 added to existing stakes and 32 trimmed.
The largest buyer was Confluence Investment Management, opening a new position worth an estimated $4.59M. The largest seller was Flow Traders U.S., cutting an estimated $664K.
- 124 institutional investors held iShares iBonds Sep 2020 Term Muni Bond ETF (IBMI) as of Q4 2019, up from 116 in Q3 2019.
- Funds reported $230M of iShares iBonds Sep 2020 Term Muni Bond ETF stock for Q4 2019, up 7% quarter-over-quarter.
- 20 funds opened new iShares iBonds Sep 2020 Term Muni Bond ETF positions in Q4 2019 and 9 closed out, a net change of +11 holders.
- The largest iShares iBonds Sep 2020 Term Muni Bond ETF buyer in Q4 2019 was Confluence Investment Management, an estimated $4.59M added.
- The largest iShares iBonds Sep 2020 Term Muni Bond ETF seller in Q4 2019 was Flow Traders U.S., an estimated $664K sold.
Based on aggregated 13F filings for Q4 2019.